Job purpose:
- To apply statistical methods to extract informational value from trade flow in order to optimize the pricing and liquidity to a diverse set of FX end users
- To research, test and implement quantitative price discovery and trading strategies for an electronic FX market making business
- To help grow the profitability of the business and client satisfaction through the quantitative analysis of proprietary data
- To risk manage the trading flow via the trading algorithms during Asian trading hours
Key activities:
- Research new methods for systematically optimizing delivery of pricing and liquidity to clients
- Research new market making pricing strategies
- Research new risk management algorithms designed to efficiently and profitably control inventory levels generated from client flow
- Use market data from various trading venues as well as proprietary information to design and backtest systematic trading signals
- Coordinate with IT to bring new systematic trading strategies to production
- Stay up to date with the latest research on algorithmic trading
- Responsible for managing the global trading books during Asian hours, ensuring compliance with risk profiles and risk limits
- Identify client patterns and translate into strategic proposals to maximize the success of the global franchise
- Respond to sales/client queries in a timely and transparent fashion
Formal education:
- Post graduate degree in a numerate field
Specialist knowledge (work experience, further qualification):
- Experience in applying quantitative techniques to optimise an electronic market making business (5+ years)
- Strong background in statistics and statistical programming
- Knowledge and experience with FX markets preferred but not essential (5+ years)
- High competency level with q/kdb+ and Java preferred
