Barclays Capital said it will make markets on the major US and European credit indices and over 70 active single-name CDS across several sectors.
The new functionality will allow clients trade a broad selection of the most liquid credit instruments in the market electronically through a few simple clicks on BARX on Bloomberg.
According to Barclays Capital, by typing BXCD <GO> on Bloomberg, clients may access execution pages for the following sectors: Financials, Autos, Technology Media & Telecom (TMT), Consumer Products, Materials, Utilities, Oil & Gas and Sovereigns.
Barclays Capital co-head of US High Grade Trading Jason Quinn said this initiative underscores the firm’s focus on providing clients effective tools to navigate rapidly evolving markets and demonstrates Barclays continued commitment to increasing transparency and liquidity across asset classes.
