Dublin, 2 June 2017 – Profit & Loss readers have once again chosen Barracuda FX as the Best Order Management System (OMS) provider. Barracuda has won the award for 7 years since its inception in 2011.

The award was presented at the Profit & Loss Readers’ Choice awards, also known as the ‘FoXys’, in New York on May 26th. A record number of votes were cast this year for these elite FX industry awards, demonstrating an outstanding show of support for their preferred service providers and market makers.

“This is the seventh year in succession that Barracuda has won this award which is testament to the customer loyalty the firm has created. The readers of Profit & Loss clearly like the product as the number of votes cast for Barracuda has increased exponentially over those seven years.” said Colin Lambert, Managing Editor at Profit & Loss Magazine.

Fraser Devlin, Head of Sales for Barracuda FX said, “It’s an honour to win this award again and we thank our clients and everyone who voted for us. As the FX market gets more fragmented and regulated the demand for a robust, secure and feature rich OMS continues to increase. Barracuda invest significantly in R&D to ensure our product meets the demands of all market participants and we welcome this award as evidence that our company is the established market leader.”

ENDS

About Barracuda FX

Barracuda was established in 2009 by a Dublin-based team of FX technology professionals. The team partnered with a leading global FX bank, using domain experience earned across many hundreds of man-years to deliver a next generation order management system that meets the needs of the evolving FX industry. After successful launch, the company has continued to grow, with operations across Dublin, London and Skopje.

Barracuda FX is singularly focused on the order management space – developing the functional capabilities, technology platform and service infrastructure to meet the needs of the demanding modern market.

For more information, visit www.barracudafx.com

About the Profit & Loss Readers’ Choice awards

More than 1000 individuals from around the world cast votes in 24 categories. Profit & Loss discounts all votes cast for one’s own company in order to maintain the integrity of the awards. Profit & Loss is the leading publisher and conference producer for the foreign exchange industry.