Barclays Launch New Suite of FX Products
(06 April 2021 – United Kingdom) Barclays has released a new suite of Foreign Exchange (FX) products for its electronic trading service Barclay’s Automated Realtime Execution (BARX). Corporates and institutions can now leverage BARX unique principal liquid solution by gaining access to FX liquidity streams and numerous external liquidity providers.
Clients will also have access to Barclay’s new algorithm “Gator Adapt”, which allows clients to manage the trade-off between price slippage and execution. Moreover, they will also benefit from a new execution platform which uses innovative pricing models and predictive analytics to improve FX services.
“We continue to execute our ambitious expansion efforts in electronic trading to enhance our global offering and bring our clients world-class efficiencies. These new BARX FX developments are the latest in a stream of enhancements to our BARX platform and we look forward to harnessing the momentum in our business as we continue to invest across all of our e-trading solution” commented Barclays Global Head of Markets Electronic Trading and Digital Strategy, Naseer Al-Khudairi.