Barclays announced the appointment of Daniel Nehren as Managing Director, Head of Statistical Modelling and Development, Equities. In this role he will be responsible for the development of algorithmic trading product and model-based business logic for the Equities division globally. Mr. Nehren joins Barclays from Citadel, where he was Head of Equity Execution, responsible for all aspects of equity execution for asset management. Previously Mr. Nehren spent over five years at J.P. Morgan where he was the Global Head of Linear Quantitative Research.