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Barclays Binary Options
The financial services sector has been hit hard over recent years since the credit crunch of 2008. Many companies required a bailout and some banks failed altogether. Even giants like CitiGroup needed some help to survive. Barclays have remained strong and have attracted the attention of binary options traders.
Barclays began all the way back in 1690 when Thomas Goulde and John Freame commenced trade as goldsmith bankers. Barclays became the name in 1736 when a partnership was struck with John Barclay. The company is now around the globe with over 4,750 branches in 50 countries around the world. They have a presence in Africa, Europe, South and North America and Asia.
The company has been at the forefront of the banking sector for many years. In 1966 the Barclaycard was released, the very first UK credit card. In 1967 they opened the first Cash Point (ATM). The brand strength is nowadays demonstrated by the raft of partnerships and associations they have built, such as with the Premier League (UK Football), Professional Golf Association (PGA), the English FA and golfer Phil Mickelson.
Barclays has a strong media presence and has regular financial reports coming from around the globe. Not all the news is good as competition has driven some allegedly bad practice and less than ethical behavior both at grass roots and up in the boardroom. The share price is constantly fluctuating, providing binary options traders with opportunities to seek out profits.
Barclays PLC is traded on the London Stock Exchange (LSE), under the ticker BARC and in the US on the New York Stock Exchange (NYSE) under BARC. It is also a part of the FTSE 100.
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