Barclays Unveils Multi-asset Electronic and Algo Trading Platforms

Barclays announced the launch of its newly developed cross-asset electronic and algorithmic trading platform. Known as BARX, the new electronic trading platform will cater to equities, fixed income, futures and FX, using the bank’s data science tools for trade analytics; and provides access to liquidity pools for each asset. The equities trading division at Barclays, which is the latest to come under the BARX umbrella, also confirmed that its next generation algorithmic trading platform, known as BARX One, will be rolled out in the coming months. BARX One hosts all algorithmic strategies in a single platform and centralizes signals, models and decision making to provide clients’ a more flexible trading approach.