US based Forex Broker FXCM and Barclays Stockbrokers partner to offer FXCM’s platform to clients of Barclays. The new venture is called Barclays Margin FX and is launched in the UK.
It was recently announced that FXCM will sponsor the Forex Magnates summit in London. For more details about this joint venture, here is the official press release:
New York, September 27, 2012—FXCM Inc. (NYSE: FXCM) and Barclays Stockbrokers have joined forces as Barclays launches Barclays Margin FX, a unique retail forex trading offering.
The partnership will leverage the expertise of Barclays, with over 300 years of history and expertise in banking as one of the largest financial services providers in the world, and FXCM, a pioneer of the online retail forex trading space and one of the largest retail forex brokers in the world. Clients of Barclays Margin FX will benefit from the power of the partnership.
This partnership is beneficial for both parties and presents an exciting opportunity to deliver the best retail forextrading experience in the United Kingdom.
“We are extremely excited about this partnership and one that we think will create an offering that is superior to any other offering from our competitors in the UK,” said Drew Niv, CEO of FXCM. “It’s always complimentary when one of the largest and most well established financial services providers chooses your trading technology, platform, and recourses to offer as its own.”