10.10.2016

Barclays Announces SPECS Order Handling Tool

10.10.2016

(this first appeared on The Trade)

Barclays has announced its equities order handling tool is available in Europe from this week, following its launch in the US.

SPECS provides buy-side traders with an online portal to view, verify and request changes to client order handling settings.

It was designed to meet requirements for greater control, transparency, trade analytics and a consolidated view of order settings, Barclays said.

The SPECS profile includes settings related to market access, liquidity preferences and Barclays LX Europe, alongside notifications and alerts on product updates.

Head of European cash equities execution sales at Barclays, Eric Krueger, said SPECS gives users an “unprecedented level of transparency and control of their execution preferences.”

He also explained the SPECS tool is integrated with Barclays’ post-trade analytics platform to help traders “better understand and manage their execution performance.”

Nej D’jelal, head of equities electronic trading product at Barclays, added that SPECS will also help buy-side traders in Europe navigate an “increasingly complex execution environment,” amid MiFID II best execution and algorithmic trading requirements.

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. The group's thesis is that access to data is as essential as access to trading infrastructure.

  2. JP Morgan executives discuss how a once-staid business has transformed into a 'totally different market space'...

  3. CEO says firm can leverage its position on trading desks to connect into networks, applications, and services.

  4. The technology harnesses data to provide faster, more customizable insights and distribution.

  5. SIFMA operations conference panel assesses the impact of technological advances and market volatility.