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
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, 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
· Knowledge and experience with FX markets
· Comfortable working with numerical computing languages (eg. R, Matlab, Python), some
experience with q/kdb+ and Java preferred
Education:
· Post graduate degree in a technical field
eFX Quantitative Trader - VP in London employer: Commerzbank AG
Commerzbank AG is an exceptional employer, offering a dynamic work environment in the heart of London where finance professionals can thrive. With a strong emphasis on employee growth and development, the bank provides ample opportunities for career advancement while fostering a collaborative culture that values innovation and client relationships. Employees benefit from competitive remuneration packages, comprehensive training programs, and the chance to be at the forefront of digital transformation in the finance sector.
