Barclays has added its capital commitment feature to select algorithms available in Europe, the Middle East and Africa (EMEA), enabling better liquidity provision.
The feature has been available to clients in the US since April and is now being rolled out across EMEA following positive feedback.
Capital commitment will automatically transfer a portion of a client's order to Barclays' central risk management book, providing instant liquidity and cutting down execution costs for that portion of the order.
The firm said liquidity sourcing had become one of the top concerns of traders in the current market environment.
"This is an innovative way that Barclays can offer liquidity to our clients in both an automated and anonymous manner," said Barclays head of programme and electronic trading, EMEA, Eric Krueger.
Once a client has been entitled to use the feature, it can be accessed on a per-order basis through a checkbox on the algorithmic order screen. The level of facilitation is agreed with clients in advance based on their liquidity needs and can be revised based on quantitative elevation.
Nej D'Jelal, head of equities electronic trading product, EMEA for Barclays, said: "This feature helps simplify our clients' work flow, addresses client concerns around sourcing liquidity and may pass back significant price improvement".
Barclays said the move was part of ongoing work to improve transparency and liquidity access for its clients. In March this year, it began reporting its electronic trading volumes for EMEA equities on the Bloomberg Professional service as part of its efforts to provide increased transparency over its liquidity.