Derivatives House of the Year at Risk magazine awards
Risk wrote the following remarks about Barclays Capital.
Derivatives House of the Year
"While some parts of the .. banking sector have focused mainly on survival over the past year, Barclays Capital has emerged from the crisis in a comparatively strong position - something even its rivals are prepared to concede. In particular, they point to the firm's opportunistic acquisition of Lehman Brothers' US operations as cementing its position as a leading provider of derivatives."
Currency Derivatives House of the Year
"Among this elite band, Barclays Capital wins plaudits for its liquidity provision, pricing and advisory services... Barclays Capital really stepped up when the markets were in turmoil at the beginning of 2009… Overall it stands out among its competitors."
Inflation Derivatives House of the Year
"…the winner, Barclays Capital, distinguished itself by seeking to fix a market that was close to broken. The bank helped corporate issuers that were shut out of the public inflation-linked bond market, advised sovereigns on how to keep their linker markets open and functioning, provided much-needed liquidity to investors and other market participants at a time when some trading desks chose to sit on their hands."
Structured Products House of the Year
"In the current environment, the best dealers have been those that have adapted to market conditions, created products with relatively simple payouts, allowed investors to access asset classes beyond equity, and responded to client concerns about counterparty risk. Barclays Capital ticks all these boxes."