Electronic Markets: Exchange Connectivity + Execution Strategist
As an Exchange Connectivity strategist in the electronic markets function you will be responsible for creating measurable improvements to market execution strategies and the connectivity layer, demonstrating how to improve the fill rate of the limit order targeted top of the book quotes, identifying deficiencies in the current trade processing and connectivity plant and introducing an improvement plan, optimizing transaction costs, maximizing exchange rebates and reducing market impacts.
This role is ideally suited to an ex-developer with deep knowledge of C++ fundamentals, or an ex-trader/quant with a very strong development background who has a deep understanding of the “micro” aspects of electronic markets including: Market micro structure, internal venue architecture, price formation, market data distribution per specific venue and market tick processing / order submission acceleration.
You should apply for this role if you have at least five of the following:
- Deep knowledge of electronic markets micro structure and internal venue architecture
- Strong understanding of price formation and market data distribution per specific venue
- Expertise in how to accelerate market ticks processing and order submissions
- A track record of implementing business performance enhancing execution strategies and tuning the connectivity layer
- Ability to analyze and correlate market data with transactional data
- Ability to experiment with trading strategies, order types and price discovery algorithms
- Ability to back test these strategies and maintain the proper price reporting
- Technical knowledge of SQL, kdb, Q, perl, python, shell or C++
- Knowledge of FX preferable, but this is the least important requirement
This is a contract opportunity for initially six months, but likely to be for the long-term, at £600-800/day. More expensive candidates should also apply.
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