Barclays Capital has installed 280 IQMX voice over Internet Protocol (VoIP) trading desktops from IPC Information Systems at its newly-opened North American headquarters in Manhattan.
The IQMX trading platform delivers voice, video and data through a single path to the trader's desktop.
IPC has also outfitted Barclays with an eight-to-sixteen channel Hoot & Holler network.
Kingsley Poulton, Barclays Capital’s director of information technology, says the platform "offers flexibility, scalability and free seating, which gives traders the ability to access individual IQMX desktop settings from any trading position on any trading floor."
He adds that IP also eases migration to next-generation technologies.
Construction of Barclays' new facility took two years to complete and opened on October 2002. The 260,000 square foot office space accomodates up to 600 traders and is one of the largest trading floors in Manhattan.
Barclays employs IPC's technology at 13 other trading floors worldwide.