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BRIEF OBJECTS

BARX FOR ASIA

Barclays Capital is offering clients the ability to execute base metal contracts during Asian trading hours on the London Metal Exchange (LME). The new service-facilitated by the FIX protocol-is called Barclays Automated Realtime eXecution (Barx) for commodities. Using Barx, Barclays clients can submit orders electronically to the bank's order book, allowing for anonymous trading. Barclays Capital will act as the counterparty for all transactions and oversee order routing to LME

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