The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Surveys

Best electronic services for swaps: Barclays Capital

Barclays Capital was the first bank to build a trading system, which it has rolled out via Bloomberg, and which caters for both the bank and the customer market. The bank has found an ingenious way to get around the principal obstruction to launching online swaps trading, which is how to check your credit line with a counterparty. It integrates the system with clients’ back offices, so that it knows automatically what their credit limit is to a particular client, and if the client is about to breach it.

The system, uniquely in the swaps market, is established and has been doing good volumes. The fact that it is rolled out on Bloomberg gives a large market access to transparent swaps prices for the first time, and it also integrates Bloomberg’s swaps analytics onto the Barclay Capital system. Several other banks are lining up to build similar systems on the Bloomberg network.

JE

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree