Tag: Barclays FX

April 23, 2014 BY Andrew Saks-McLeod

Big banks merging Gold trading into their Forex operations

As commodities desks within large banks shrink, the use of high technology has driven a trend toward integrating interbank gold trading with FX desks Just how compatible is the long-established world of physical commodities with the highly liquid FX business? According to a report today by Reuters, a necessity has arisen within interbank gold dealing…

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January 22, 2014 BY Gerald Segal

Why can't big banks succeed in the Retail Forex industry?

Barclays Margin FX exit is just the latest in a string including Deutsche Bank, Goldman Sachs... As the global retail forex market has grown and matured -- with retail forex volumes hitting an all-time high in mid 2013 -- the predictions of many industry observers included an increasing presence of leading 'traditional' financial institutions in…

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January 10, 2014 BY Gerald Segal

Barclays to close Barclays Margin FX due to difficult EMIR regulations

Barclays Margin FX clients being encouraged to move to FXCM. LeapRate Exclusive: LeapRate has learned that UK bank Barclays (LON:BARC, NYSE:BCS) has decided to shut down its retail / margin FX business, Barclays Margin FX. Barclays has operated its margin FX business as a white label of FXCM, with FXCM winning Barclay's business back in…

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