News Releases

Barclays Capital has won three awards from Derivatives Week, the highest number of awards won by one firm:

• Global Derivatives House of the Year
• Credit Derivatives House of the Year
• Structured Investment Distributor of the Year for iPath exchange traded notes

Commenting on the awards, Derivatives Week said:

Global Derivatives House of the Year: "Barclays Capital has shown its global strength this year across the key asset classes while simultaneously moving into new regions such as India where it structured the first local collateralized debt obligation. The firm weathered the credit storm in the U.S. and has expanded its efforts in areas such as equity derivatives, fund-linked derivatives and property derivatives."

Credit Derivatives House of the Year: "In a tough year for structured credit, Barclays Capital debuted innovations that held up, and research that both made meaning of and found value in the tumult. BarCap's global structured credit research and quantitative strategy publications were universally praised, and the firm stood out for also having strong infrastructure and distribution channels. "A lot of firms can be great on ideas, but not on distribution," said one client. "[BarCap has] the full set of ideas, distribution, infrastructure and resources to bring good ideas to fruition.""

Structured Investment Distributor of the Year - for the iPath exchange traded notes: "Barclays iPath notes have been among the most talked about innovation in the U.S. and a handful of firms followed with copy-cat notes this year. … the firm partners with Barclays Global Investors for the distribution effort. The firm tapped into what has become a key investment theme for retail investors this year, by launching four ETNs linked to the performance of different currencies versus the U.S. dollar. Barclays also tweaked several features of the structure to improve its appeal, including moving from weekly to daily redemption."