ETrade enters FX with Saxo Bank

The deal allows ETrade to offer institutional spreads to its retail clients in the UK.

"The partnership allows us to give everyone the tight spreads institutional traders have," said Conor Ringland, head of retail sales at Etrade in London.

UK ETrade customers can now trade forex via the ETrade Professional plaform, which is a white-labelled version of the online Saxo Trader service. The key benefit is the provision of Saxo's live streaming forex prices, with liquidity from top-tier banks De