Barclays Capital realigns FX prime brokerage

NEW YORK – Barclays Capital is re-positioning its foreign exchange prime brokerage (FXPB) business, as it looks beyond its traditional high-frequency trading client base.

To date, much has been made of the bank’s efforts to expand its multi-asset prime services division by leveraging the quant equity and credit-heavy prime brokerage business of Lehman Brothers US, acquired in October 2008. But Marty Malloy, global head of prime brokerage at BarCap in New York, refutes claims this has come at the

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