Barclays launches new algo on Barx platform

Barx Peg offers access to the bank’s franchise liquidity pools

Barclays Bank sign
New algorithm: Barclays’ Barx Peg has five target execution speeds

Barclays has launched a new algorithm on its Barx foreign exchange trading platform in a bid to help clients reduce the amount of spread they pay, and possibly the market impact of execution.

Dubbed Barx Peg, the algo is available within the bank’s Gator execution tool.

“Barx Peg represents an important enhancement to our Barx FX Gator suite,” says Mauricio Sada-Paz, global head of e-Ficc (fixed income, currencies and commodities) product and distribution at Barclays. 

“The algorithm allows

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: