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Currency derivatives house of the year: Barclays Capital
![Mike Bagguley Mike Bagguley](/sites/default/files/styles/landscape_750_463/public/import/IMG/937/206937/mike-bagguley-580x358.jpg.webp?itok=BnbhF6ip)
The foreign exchange market was characterised last year by a series of big events and correspondingly big moves – one by one, the yen, Swiss franc and Brazilian real all experienced severe volatility that put dealers’ risk management capabilities to the test. And, of course, there was the escalation of the eurozone’s debt crisis.
But it was also a year of big trades for Mike Bagguley, London-based global head of forex trading at Barclays Capital, and the rest of his team. Chief among these was a
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