Heavyweight FX Players Prepare To Launch Online Client Trading Services

INTERNET TRADING

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 markets' leading names outlined their web strategy last week.

The first to arrive looks set to be Barclays Capital which is readying an internet forex 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 for the

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