Barclays Capital launches e-trading of vanilla FX options in Asia.
Barclays Capital has launched electronic trading of vanilla FX options in Asia.
Barclays Capital has launched electronic trading of vanilla FX options in Asia. The service is part of its proprietary platform, BARX for FX Trading. BARX for FX Trading offers live two-way streaming tradable prices of FX options across 17 currency pairs, from overnight to 1 year, with auto quoting in up to EUR 100m in major currencies.
The functionality includes live streaming 2-way prices in single options or 2-leg strategies, and the ability to price either New York or Tokyo cut. Barclays Capital plans to add more currency pairs, including emerging market currencies, raise auto-quoting levels, and add higher tenors in the near future.