What eFX clients said
EuromoneyFXNews spoke to several buy-side clients during the survey period, and below is a collection of comments on SDPs.
On Barclays Capital’s Barx:
"They’ve got the best all-round offering but they won’t always have the best price on the tape at any given moment," says a UK corporate who uses the platform. "However, that’s not to say they will always have the widest range of currencies.’’ "We like its cross-rate calculators for any two currencies to any date – a few taps with a keyboard and you’re there with a price," says a UK-based retail FX aggregator. "It doesn’t matter whether it’s an exotic, or what your convention is, or which round it is. For instance, EUR/SGD or SGD/EUR."
"We like the ability to put in bids and offers, and the various ways they display rates," says a UK fund manager. "We like the one-touch for the more common currencies, and you can also build up pages of whole lists of currencies just there for the info, so you just click straight into it. There’s also the way you can do swaps and forwards. You simply tap out a date, and bang – a ticket comes up."