eFX Quant Researcher/Trader

A leading corporate banking and capital markets organisation is seeking an eFX Quant Researcher/Trader to join their team in London.

Main Purpose of the Role:

• 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

Specialist Knowledge:

• Experience in applying quantitative techniques to optimise an electronic market making business
• Strong background in statistics and statistical programming
• Knowledge and experience with FX markets preferred
• High competency level with q/kdb+ and Java preferred

Formal education:

• Post graduate degree in a numerate field