NEW YORK (PRWEB) July 23, 2020
The Cürex Group, a New York City-based institutional foreign exchange execution services and data analytics company, today announces a collaboration with Barclays to bring their mutual clients additional benefits resulting from Barclays’ integration of Cürex’s liquidity onto its extensive algorithmic platform.
Barclays’ clients have had access to Cürex liquidity through executions on the BARX platform via its BARX GatorTM algorithmic suite since July 2019. As a result of this new initiative, clients using Barclays’ individual algorithms will be able to select Cürex’s liquidity pool as an exclusive destination for their executions. The value for Barclays’ clients is Cürex’s low-impact environment that features complete trading anonymity and no tagging. Cürex’s platform was built for buy side institutions and includes no high-frequency trading participants. Cürex’s advanced pre- and post-trade analytics support its clients’ pursuit of the highest execution standards.
Commenting for Cürex, James Singleton, Chairman and CEO, said, “We have built a great relationship with Barclays over the last year. This next step underscores the value of Cürex’s unique liquidity pool and pre- and post-trade data analytics. Our mission is to provide buy side institutions with compliant executions when held to the highest standards. The broad set of customers that we share with Barclays will now have access to Cürex’s products, while seamlessly receiving the highest quality service from Barclays.”
Mauricio Sada-Paz, Managing Director and Global Head of eFICC Product and Distribution for Barclays, added, “Barclays is committed to delivering our clients access to the best quality liquidity sources when executing their FX trading needs. Cürex’s ‘no last look’ liquidity pool and their low-impact trading results will only add to the quality of our clients’ experience. We are excited to continue to build our relationship with Cürex.”
Institutions interested in accessing Cürex liquidity, products and services through Barclays need only to contact their Barclays or Cürex sales representative.
About Cürex Group
Cürex Group Holdings, LLC is a foreign exchange focused execution services and data analytics provider. Our singular focus is to improve the FX experience for every buy side institution. Cürex operates an FX ECN with robust no last look liquidity and complete transparency. Our unique market and trading analytics delivers meaningful intelligence to our customers. Our FTSE Cürex FX Benchmarks provide real time measurements to assess trading results and provide valuation metrics. Our mission is to work in partnership with our clients to add unparalleled clarity to all their foreign exchange activities. Our process and approach deliver superior outcomes that are auditable and support our customers’ efforts to make better trading decisions. Cürex is headquartered in New York City and independently owned and operated. For more information, visit http://www.curexgroup.com.
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
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