Ballinger & Co., a specialist FX broker providing flexible and innovative foreign exchange services to corporate and institutional clients globally has announced today that it will use Barclays as its principal banking partner, according to a press release. Securing backing from Barclays is another important milestone in Ballinger’s quick growth to becoming the market’s leading non-bank FX broker to large and complex corporate and institutional clients.
According to the company, with Barclays as its principal banking partner, Ballinger will further strengthen its deep banking and liquidity network and greatly enhances its ability to offer clients expanded payment types and faster settlement capabilities. The partnership will also enable powerful new product offerings in the near future.
Will Tracey, Chairman of Ballinger & Co. commented that: “it is incredibly exciting to partner with Barclays again. Barclays’ expertise in the market and extensive global banking networks are second-to-none. We’ve built great momentum in a short space of time, and securing backing from Barclays will expand and accelerate our offer and our growth. We’re well on our way to becoming the non-bank FX broker of choice for large and complex corporate and institutional clients.”
Jenni Himberg-Wild, Head of Team – FinTech and PSPs Coverage at Barclays Corporate Banking said in the press release: “We are very pleased to be working with Ballinger, as they provide their innovative Foreign Exchange offering to the market. We’ve worked closely with their senior management over recent months, and look forward to continuing to build a strong relationship over the years ahead.”
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