Barclays Introduces BARX® as Its Cross-Asset Electronic Trading Platform
Summary
NEW YORK--( BUSINESS WIRE )--Barclays today announced BARX as its newly integrated, cross-asset electronic trading platform across Equities, Fixed Income, Futures, and FX. “We believe bringing together each asset class under the BARX brand will help drive innovation and create a better trading experience for our clients,” says Mauricio Sada-Paz, Global Head of eFICC Product and Distribution at Barclays. Equities, the latest asset class to come under the BARXumbrella, today announced BARX One as its next generation algorithmic trading offering. BARX One hosts all new algorithm strategies in a comprehensive platform, which centralizes all signals, models, and decision making to deliver a more efficient and effective trading experience. The power of one single underlying trading approach will allow a significant level of flexibility and customization capabilities for our clients,” says Daniel Nehren, Head of Statistical Modeling and Development for Equities at Barclays.