Lloyds Bank Corporate Markets has launched Arena, its new e-trading application. Arena is a single, efficient one-stop execution platform which combines rich content such as market news, interactive charting, risk analytics tools and proprietary economic research with an easy-to-use and customisable interface.
Initially, Arena will offer execution for foreign exchange trading in over 50 currencies and access to money markets deposits in 19 currencies. Customers will be able to trade with speed and precision spot FX, forwards, swaps and time options. Bringing together rich content and insights with control features such as the trade blotter and trading functions into one highly customisable interface will provide customers with all their needs in one view. Further asset classes such as 'vanilla' interest rates derivatives and capabilities such as payments and collaboration tools are being developed.
Clare Francis, Head of Sales at Lloyds Bank Corporate Markets, said: "We have worked very hard to ensure our customers find Arena simple to use, reliable and customisable - the key attributes we believe will ensure this becomes ubiquitous and indispensable as a trading tool for our clients. Arena enables our clients to access more content, more products, more ideas and more analysis from Lloyds in one single trading venue."
Rob Garwood, Head of FX Sales at Lloyds Bank Corporate Markets, added: "Currency-related risks have become increasingly relevant to the way companies manage their businesses. Arena combines a comprehensive set of risk analytics tools, research, strategy and news items with user friendly cross product execution so that clients can transact with confidence."
Arena, the e-trading application from Lloyds Bank Corporate Markets, currently offers the following functionalities:
Foreign Exchange - spot, forwards, swaps and time options in over 50 currencies.
Money Markets - choice and flexibility to place deposits in 19 currencies.
Insights and Economic Research - a wide and regular range of reports and video content from Lloyds Bank Corporate Markets Chief Economist, Trevor Williams, and his team. This includes live news from third-party sources.
Risk Analytics - innovative risk management solutions designed to help assess and create bespoke hedging strategies.
Trade Blotter - clients can view all their trades both online and voice-based, in one view.
Highly customisable - allows clients to choose the views that matter to them.
Interactive Charting - includes 10 years of historical market data.
Price Alerts - allows clients to set up multiple price alerts.