Barclays Capital

Currency derivatives house of the year


Banks that continued innovating in currency investment themes in the relatively lean period for foreign exchange of the equity bull-run and tight credit spread environments in 2006 and the first half of 2007 are now reaping the rewards. Investors have reconsidered the benefits of currency products, both as a source of yield enhancement and for reducing funding costs.

The need for the right investment theme was highlighted in the past year by forex solutions being sought for investment objectives