At a Glance
- Tasks: Develop and backtest quantitative models for FX spot market making.
- Company: Join a top-tier global investment bank with a dynamic team.
- Benefits: Competitive salary, excellent career growth, and collaborative work environment.
- Why this job: Make an impact in fast-paced markets while working with cutting-edge technology.
- Qualifications: PhD in a quantitative field and experience in intraday trading strategies.
- Other info: Opportunity to collaborate closely with traders and engineers.
The predicted salary is between 48000 - 72000 £ per year.
Location: London
We are partnering with a top-tier global investment bank seeking a Quantitative Researcher to join its FX Spot Market Making team. The role focuses on developing quantitative models and intraday trading signals that directly support electronic market-making, pricing, hedging, and execution across major FX spot products. Working closely with FX traders, structurers, and technology teams, the successful candidate will contribute to the research, testing, and deployment of systematic models operating in highly liquid, fast-moving markets.
Key Responsibilities
- Research, develop, and backtest intraday alpha signals for FX spot market making, including price momentum, limit order book dynamics, and client and market flow imbalance.
- Translate research outputs into production-ready inputs for pricing, hedging, and execution strategies.
- Enhance electronic market-making and algorithmic execution frameworks, including volume-based and liquidity-aware strategies.
- Develop and maintain limit order book models to address intraday execution and liquidity provision challenges.
- Design, implement, and monitor a structured testing (“clinical trial”) framework for systematic tuning of pricing, hedging, and execution parameters.
- Partner closely with traders and engineers to ensure robust deployment, monitoring, and ongoing optimisation of live models.
Requirements
- PhD in a quantitative discipline (mathematics, statistics, physics, computer science, engineering).
- Proven experience developing intraday trading or market-making strategies in FX or other liquid asset classes.
- Strong understanding of FX market microstructure and limit order book behaviour.
- Hands-on experience with kdb+, Python, and Java.
- Experience working with large-scale, high-frequency or intraday market data.
- The team is open to candidates with strong quantitative backgrounds from cash equities market making or quant strategist roles, provided they have demonstrable intraday trading experience and exposure to FX markets.
Quantitative Researcher – FX Spot Market Making | Top-Tier Bank in London employer: Octavius Finance
Contact Detail:
Octavius Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Researcher – FX Spot Market Making | Top-Tier Bank in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and quantitative research space. Attend industry events or webinars, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your quantitative models and trading strategies. Use platforms like GitHub to share your code and projects. This gives potential employers a taste of what you can bring to the table, especially in a fast-paced environment like FX market making.
✨Tip Number 3
Prepare for those interviews! Brush up on your knowledge of FX market microstructure and limit order book dynamics. Be ready to discuss your past experiences and how they relate to the role. We recommend practising with friends or using mock interview platforms to get comfortable.
✨Tip Number 4
Apply through our website! We make it super easy for you to find roles that match your skills. Plus, applying directly shows your enthusiasm for the position. Don’t forget to tailor your application to highlight your relevant experience in intraday trading and quantitative research.
We think you need these skills to ace Quantitative Researcher – FX Spot Market Making | Top-Tier Bank in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Quantitative Researcher. Highlight your experience with intraday trading strategies and any relevant quantitative skills. We want to see how your background aligns with our needs in FX market making!
Showcase Your Skills: In your cover letter, don’t just list your qualifications; showcase how your skills in Python, kdb+, and Java can contribute to our team. We love seeing candidates who can connect their technical expertise directly to the job at hand.
Research the Company: Take some time to research our bank and the FX Spot Market Making team. Understanding our approach to electronic market-making will help you craft a more compelling application. We appreciate candidates who show genuine interest in what we do!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity!
How to prepare for a job interview at Octavius Finance
✨Know Your Quantitative Stuff
Make sure you brush up on your quantitative skills, especially in areas like market microstructure and limit order book dynamics. Be ready to discuss your previous experiences with developing trading strategies and how they relate to FX markets.
✨Showcase Your Technical Skills
Since the role requires hands-on experience with kdb+, Python, and Java, prepare to demonstrate your proficiency in these languages. You might be asked to solve a coding problem or explain how you've used these tools in past projects.
✨Understand the Market
Familiarise yourself with current trends in the FX spot market and be prepared to discuss how they could impact trading strategies. Showing that you keep up with market developments will impress the interviewers.
✨Collaborate and Communicate
This role involves working closely with traders and engineers, so highlight your teamwork and communication skills. Prepare examples of how you've successfully collaborated in the past, especially in high-pressure environments.