Salary: 50 - 70K salary
An established Securities business providing private and institutional investors, companies and finance professionals with highly customised asset management services.
The Execution services team within this Securities business is looking for an EQUITY TRADER.
The Equity trader will be responsible for execution trading with good knowledge of electronic trading and market structure required to join the equity trading team covering both high touch and electronic client order flow.
The Equity Trader role will be working within a fast-moving environment along with a proactive attitude and the ability to work independently as well as closely with others within the team and throughout other departments.
Providing high quality order trade execution to various sales traders and product departments throughout the Securities business.
Use RFQ to achieve best execution for large or illiquid ETF trades.
Monitor client account activity and identify any significant changes in activity on a month-to-month basis.
Assist sales-traders in day-to-day coverage of accounts, including notification of outstanding order balances, etc...
Ongoing assistance working with the equity trading team and equity sales traders to continuously review the current execution platform to ensure efficient and proficient market access, as well as researching, reviewing and implementing new execution venues on and ad-hoc basis.
The Equity Trader role will also assist in managing ongoing key vendor relationships, contracts, and costs including Fidessa, Markit.
Assist in maintaining broker relationships including maintaining low execution costs, understanding new broker technologies, and notification of exchange/market changes that have the potential to impact products.
A minimum of 2-3 years' experience in Pan-European Equity Trading and ETF execution trading within a front-office trading environment; preferably having covered pan-European markets.
A strong understanding of Electronic trading.
Ability to understand market structure and ability to determine best interests of client
CISI Capital markets qualification or CF30
Able to obtain best execution price available for client
Fidessa proficiency and Bloomberg
A knowledge of Global Equity markets would be ideal!
Entrepreneurial and driven.