News Releases
BARX named Most Innovative Trading Room by Waters magazine
Barclays Capital has been named ‘Most Innovative Trading Room’ by Waters magazine’s Third Annual American Financial Technology Awards, (or AFTA). The award recognizes Barclays Capital’s achievements in creating and developing BARX Powerfill, our FX algorithmic trading instrument on the BARX FX trading platform.
The American Financial Technology Awards honor achievements in financial IT. This is the second year in a row that BARX has been honored by AFTA. Last year, AFTA awarded our BARX platform ‘Best Cross-Asset Trading Initiative’.
BARX Powerfill gives clients access to Barclays Capital’s hedging algorithms, allows them to see how quickly the market is absorbing their orders, and also allows them to choose whether to execute their trades passively or aggressively.