BarCap and Integral develop FX trading system

Barclays Capital and Integral, the Mountain View-based foreign exchange systems vendor, are developing a new product aimed at regional banks and brokers.

The white label system, to be released in November, will let the bank’s clients offer electronic FX trading to their own customers. Barclays says clients will be able to manage their own secure trading environment with the network, which will increase liquidity for end-users. It will include features from the bank’s existing Barx trading platform.

Harpal Sandhu, Integral’s chief executive, said the company looked forward to developing new platforms with Barclays Capital over the coming years.

In July, Integral released another product, FX Inside Plus, which also allows clients to provide branded FX trading to their customers.

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