Barx adds cross-currency swaps
TECHNOLOGY NEWS
Users are now able to instantly click-and-trade EUR/USD, GBP/USD and EUR/GBP cross-currency basis swaps for one- to 30-year benchmark maturities during European trading hours.
Nick Hallett, director and head of cross-currency swap trading at BarCap in London, said Barx has been an increasingly important part of the bank’s overall swaps offering in recent years.
"The addition of this growth product will bring even more value, transparency and simplification to the trading process for our clients,"
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