Barracuda FX, the leading provider of trading and risk management solutions to the Foreign Exchange markets, announced on 26 June 2011 that it has won the ‘Best Order Management’ category in the 2011 Profit & Loss Readers’ Choice Digital Markets Awards.
The annual Profit & Loss awards recognise industry excellence in electronic foreign exchange from banks and vendors and are viewed as an unrivalled badge of excellence.
The award was given as part of Profit & Loss’s 4th annual Readers’ Choice Digital Markets Awards which were held in New York on June 9. Results of the awards were based on a survey of FX market professionals in April and May. Participants were asked to nominate their preferred banks and service providers across 14 different categories. Profit & Loss will list the award winners in the July/August issue.
Kieran Fitzpatrick, CEO of Barracuda FX commented: “Winning this prestigious accolade in 2011 is affirmation of Barracuda FX as the market leader in Order Management solutions. It is particularly pleasing that the award is based on a large survey of our peers in the FX industry, which confirms that we’re providing the most open, scalable, performant solutions in the market place today. We are committed to delivering excellence to our clients and look forward to more successes in the future”.