Barclays Capital launches new foreign exchange platform

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Barclays Capital has launched an enhanced online foreign exchange platform for institutional clients, while at the same time commentators in the region are tipping e-fx generally for growth.

Called PowerFill+, the platform's main new feature is that it increases liquidity by giving users access to each other's pricing, not just the pricing provided by the UK bank. Clients can anonymously work bids and offers, with the best bids and offers forming part of the price that users see.

Tim Cartledge,

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