ETrade Enters FX With Saxo Through White-Labeling Pact
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LONDON--Online bond and equity retail trader ETrade has made its first foray into foreign exchange (FX) trading by becoming a white-label partner of Danish FX dealer and technology provider Saxo Bank.
The agreement allows ETrade to offer institutional spreads to its retail clients in the UK.
"The partnership allows us to give everyone the tight spreads [that] institutional traders have," says Conor Ringland, head of retail sales at Etrade in London.
UK investors can now access Saxo’s online FX
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