Heavyweight FX Bank Trio Readies Client Internet Trading Capability


LONDON--The next wave of Internet trading products for corporate and institutional clients is to be launched this spring and three of the foreign exchange market's leading names outlined their web strategies last week.

The first to arrive looks to be Barclays Capital, which is readying an Internet foreign exchange dealing service for mid-March. "The service is already live on a demo basis to around 20 banks," says Mike Peacock, managing director, FX sales at Barclays.

"We have more banks signed

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