Barclays announced that it has selected Urvashi Batra as its Head of Equities Electronic Trading Americas, effective from February 2022.
In a press release recently shared with Finance Magnates, Urvashi Batra, a senior executive with more than thirteen years of experience from the Fintech industry, has been named by Barclays Corporate & Investment Bank, one of the World’s leading banks, as its new Head of Equities Electronic Trading Americas.
Batra, based in New York, will report to both Peter Ward, Head of Global Markets Electronic Trading, and Peter Ramsey, Global Head of Cash Equities. She plans to take on the responsibilities of navigating strategic direction and execution of Barclays’ electronic equities client offering. Also, she is going to work in partnership with BARX, Barclays’s cross-asset electronic trading platform across Equities, Fixed Income, Futures, and FX, to drive global coordination. BARX will optimize execution performance for clients.
A Look Back at Batra’s Career
Prior to the announcement, JP Morgan utilised her services and skillset as its Managing Director. For eleven and a half years, she successfully accomplished all tasks within her role.
Earlier in February 2009, she joined the ranks of Bank of America Merrill Lynch as an Associate. During her stint, she fulfilled the requirements of her post over twenty-one months.
Her first known role was with Bank of America as an Intern where she spent four months.
Our Markets business
Responding to the announcement, Adeel Khan, a Co-Head of Global Markets, stated: “One of our key efforts in our Markets business is to prioritize digitalization and become an electronic-first Markets business. Welcoming Urvashi to Barclays is a continued example of our investment in key talent and another step forward in strengthening our franchise.”
In other recent news, yesterday the FCA announced that it had imposed a penalty of £783,800 on Barclays for its oversight failings in the bank’s relationship with Premier FX, a collapsed payment firm. The UK bank has agreed to cover the losses of the clients of Premier FX voluntarily.
