BarCap expands options

This move is in line with the bank’s strategy to expand in FX options, and reflects a particular growth in corporate business, said Lutfey Siddiqi, global head of FX structuring at BarCap in London. "We are investing in the asset base of the business covering product innovation, risk management and all aspects of FX to bring to bear the top resources," he said. "We want to expand the choice available to our clients in both the articulation of market views and the design of hedge strategies."