Barclays Expands SPECS™ Client Portal to Enhance Trading Transparency for FX Clients

Barclays today announced the launch of SPECS™ for FX, an online portal that allows clients to easily view, verify and request modifications to their FX electronic trading connectivity and settings with Barclays.

Initially built for Equities clients in 2015, SPECS is now available to Barclays’ global FX client base via the BARX FX trading platform and through Barclays’ comprehensive client portal, Barclays Live. SPECS provides a consolidated view of client settings in an easily accessible and simple to use format.

“The extension of SPECS into the FX space allows us to partner with clients more effectively in managing their trading relationships with Barclays,” says Mauricio Sada-Paz, Global Head of eFICC Product and Distribution. “In today’s complex execution environment, clients are increasingly looking for the type of transparency offered by SPECS.”

Each client’s customizable SPECS profile for electronic FX trading includes:

• Trading platform access
• User permissions and limits by product
• Currency enablements
• Export functionality for added flexibility

Additional features planned for SPECS™ for FX include a communications section, which will enable clients to view product updates, disclosures, and other notifications in the SPECS portal.

About Barclays

Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website home.barclays.

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