Profit & Loss readers have once again chosen Barracuda FX as the Best Order Management (OMS) service provider, marking an unprecedented sixth consecutive win for the company.
The award was presented at the Profit & Loss Readers’ Choice awards, also known as the ‘FoXys’, in New York in May. A record number of votes were cast this year for the elite FX industry awards, indicating an outstanding show of support for their preferred service providers and market makers.
“We are very proud that we continue to be recognised as the best in the industry by the market participants,” says Fraser Devlin, Global Head of Sales at Barracuda FX. “Order management plays an increasingly important role in safeguarding global reputations and rebuilding customer confidence in the FX market. Our system offers an unconflicted capability to manage a global order book, achieve operational efficiencies and manage risk as well as new revenue opportunities.”
More than 800 individuals across multiple time zones 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.