Overview
See Also
Trade ExecutionExecution: Definition, Types of Orders, ExamplesBest Execution Rule: What it is, Requirements and FAQTrading SessionsA technology led hedge fund looking to hire a qualified Execution Trader to join its New York office.
As an Execution Trader you will research, monitor, and execute daily trades. The ideal candidate will be a mid-level professional. Frequent interaction with other traders, quants, and senior management will be required so communication and collaboration skills are essential. Must have previous exposure to manually trading many different asset classes on an electronic trading platform. Strong experience with VBA is required.
Key Responsibilities
- Manage order flow and execute trades using an electronic trading platform.
- Maintain and upgrade existing spreadsheets and trading tools.
- Work closely with operations team, brokers, and PB’s to assure proper trade allocations and resolve breaks.
- Monitor the behavior of execution algorithms and partner with quants and senior management to improve execution quality and reduce market impact.
- Interact with brokers and bank dealing desks to source liquidity if needed.
- Performs miscellaneous job related duties as assigned such as ad hoc report generation.
Skills, Knowledge & Experience
- At least 3 years of trading desk experience, preferably on the sell-side or multi-strat HF
- Proficient with Excel VBA
- Familiarity of python is a plus but not required
- Knowledge in commodity, fixed income, FX and macro markets
- Understanding of Order Management and Execution Management Systems.
- Familiarity with the mechanics and terminology of options, equities, and futures markets
- Excellent communication skills, self-starter, quick learner, positive attitude, and team player.
- Strong analytical skills.
Company Benefits
- Competitive compensation commensurate with level of experience.
- Comprehensive benefits package including medical, dental, vision, 401(k), insurance, Summer Fridays, and wellness reimbursem*nt.
