Barclays Hires Ex-Goldman Computer Scientist as Head of Markets Innovation

Barclays, a multinational investment bank, announced on Tuesday that it has added the former head of electronic trading engineering at Goldman Sachs, Justin Brickwood to its team. At the bank, Brickwood will be Managing Director, Head of Markets Innovation.

Based in London, Brickwood will join the firm in September. According to the statement, he will report to John Stecher, Chief Innovation Officer for Barclays. In his role, which is newly created, he will be responsible for increasing the efficiency of Barclays’ internal platforms.

Brickwood will also drive client-focused innovation. This will be across Markets’ electronic offerings. To help him achieve this goal, he will work with his colleagues across the Markets and Technology departments. Together, they will also work towards enhancing the client offering and implementing artificial intelligence and machine learning to the bank’s procedures.

In his new role, Brickwood will work particularly closely with Nas Al-Khudairi the Global Head of Electronic Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Co-Head of Cash Equities. He will also work with Asita Anche, Head of Markets Quantitative eTrading and Data Science and Brett Tejpaul, Head of Digital and Client Strategy.

Commenting on the appointment of Brickwood, Al-Khudairi said: “Justin’s extensive experience and expertise will be instrumental as we evolve the Markets business for future success and develop Barclays’ electronic capabilities to significantly enhance our client offering.”

Justin Brickwood’s experience before Barclays

Brickwood’s move ends his considerably long, more than 20-year-tenure at Goldman Sachs. He originally joined the American multinational bank in 1995 where he was based in London. His most recent position was Head of EMEA Equities Electronic Trading Engineering. This was part of the Equities Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Services desk.

At Goldman, Justin demonstrated a proven track record of delivering innovative solutions which resulted in an uptick in commercial results, the statement said. Between 1990 to 1994 Brickwood studied at the University of Edinburgh. In 1994 he graduated with a Bachelor of Engineering, majoring in Computer Science and Electronics.