At a Glance
- Tasks: Analyse UK & European equities flow and provide real-time insights for traders.
- Company: Leading international investment bank with a focus on electronic trading.
- Benefits: Competitive salary of £120k plus bonus, with 4 days onsite in London.
- Other info: Collaborate with traders and tech teams to enhance trading platforms and strategies.
- Why this job: Make a direct impact on trading strategies and execution quality in a dynamic environment.
- Qualifications: Experience in electronic equities flow analysis and strong technical skills in Python and SQL.
The predicted salary is between 120000 - 120000 € per year.
Our client, a leading international investment bank, is seeking a Technical Equities Trading Analyst to join their Front Office Electronic Trading team. This is a high-impact role sitting at the core of their execution business, where you will analyse UK & European equities flow, understand how orders interact with fragmented liquidity, and provide the real-time insights that shape trader decision-making. Your work will directly influence how the bank executes across LSE, CBOE Europe, Turquoise and other venues, ensuring strategies behave predictably under volatility and deliver consistent best execution.
You will act as the technical authority on market microstructure and electronic execution, decoding venue behaviour, identifying anomalies, and translating complex flow patterns into actionable improvements for traders and algo developers. This includes refining VWAP/TWAP/POV/IS strategies, enhancing smart order routing logic, and ensuring the execution stack responds intelligently to shifting liquidity conditions. Every insight you generate feeds directly into how the bank interacts with the market — from routing decisions to algorithmic behaviour and execution quality.
The environment spans Fidessa, Broadridge (TBricks, ULLINK), EMS/OMS platforms, and internal analytics tooling. Your challenge is to help evolve this into a more data-driven, insight-rich execution framework capable of supporting high-volume electronic flow, real-time performance monitoring, and continuous optimisation. You’ll work closely with traders, technology teams, and FIX connectivity specialists to ensure the platform remains competitive, resilient, and aligned to the bank’s strategic ambitions in electronic execution.
Technical Requirements
- Front Office Execution Expertise: Deep experience analysing electronic equities flow, with strong understanding of UK & European market microstructure, venue behaviour, and liquidity dynamics across LSE, CBOE Europe, and Turquoise.
- Algorithmic Strategy Insight: Hands-on experience with VWAP, TWAP, POV, Implementation Shortfall, and smart order routing logic — understanding how these strategies behave under different liquidity and volatility conditions.
- Trading Infrastructure Knowledge: Direct exposure to EMS/OMS platforms and trading floor environments, ideally with experience in Fidessa (market making, RSP) and Broadridge tools (TBricks, ULLINK).
- Data & Analytics Proficiency: Strong technical fluency in Python, SQL, and Excel/VBA for analysing large trade datasets, building dashboards, and prototyping execution analytics.
- FIX Protocol Mastery: Ability to interpret FIX messages (NewOrderSingle, ExecutionReport), diagnose routing or connectivity issues, and work with FIX hubs/gateways.
- Market Structure & Connectivity: Understanding of venue microstructure, auction behaviour, dark/visible liquidity, and cross-venue routing patterns.
What You’ll Be Doing
- Market & Flow Analysis: Analyse UK equities trade flows with a focus on electronic and algorithmic execution. Identify patterns, anomalies, and optimisation opportunities across venues and strategies.
- Execution Strategy Refinement: Collaborate with traders and algo developers to enhance VWAP/TWAP/POV/IS logic and smart order routing behaviour. Provide real-time insights into execution quality, slippage, and venue performance.
- Technical & Platform Insight: Work closely with technology teams to improve execution tooling, analytics pipelines, and connectivity. Support enhancements to routing logic, algo parameters, and performance monitoring.
- Stakeholder Collaboration: Partner with traders, IT, compliance, and external EMS/OMS vendors to support platform evolution. Deliver insights, presentations, and custom studies to client trading teams and distribution.
- Reporting & Research: Produce dashboards and reports on execution performance, liquidity metrics, and market trends. Research new datasets, TCA methodologies, and pre/post-trade analytics to improve decision-making.
Nice to Have
- Exposure to global equities (US, EU, India)
- Experience with TCA platforms (Bloomberg BTCA, Virtu)
- Knowledge of MiFID II and regulatory reporting
- Familiarity with market impact modelling or microstructure research
Application support Fidessa specialist | Electronic Execution AND Market Microstructure | 120k [...] employer: VirtueTech Recruitment Group
Join a leading international investment bank in London, where you will be at the forefront of electronic trading and market microstructure. With a strong emphasis on employee growth, the company fosters a collaborative work culture that encourages innovation and continuous learning. Enjoy competitive compensation, including a generous bonus structure, and the opportunity to make a significant impact on trading strategies while working alongside industry experts in a dynamic environment.
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Application support Fidessa specialist | Electronic Execution AND Market Microstructure | 120k [...]
✨Tip Number 1
Network like a pro! Reach out to folks in the industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for those interviews! Research the company and its trading strategies, especially around market microstructure. Show them you know your stuff and can bring real value to their team.
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Use our website to find positions that match your skills in electronic execution and market analysis. Tailor your approach to each application.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Share any additional insights you might have thought of post-interview to show your enthusiasm and expertise.
We think you need these skills to ace Application support Fidessa specialist | Electronic Execution AND Market Microstructure | 120k [...]
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience with electronic execution and market microstructure. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant projects and achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background in trading infrastructure and algorithmic strategies makes you a perfect fit for our team. Keep it engaging and personal!
Show Off Your Technical Skills:Don’t forget to emphasise your technical fluency in Python, SQL, and Excel/VBA. We love seeing candidates who can analyse large datasets and build insightful dashboards, so make sure to include any relevant examples in your application.
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 keep track of your application and ensure it gets the attention it deserves. Plus, we can’t wait to hear from you!
How to prepare for a job interview at VirtueTech Recruitment Group
✨Know Your Market Microstructure
Make sure you brush up on your understanding of UK and European market microstructure. Be ready to discuss how orders interact with fragmented liquidity and provide examples of how you've analysed electronic equities flow in the past.
✨Showcase Your Technical Skills
Prepare to demonstrate your proficiency in Python, SQL, and Excel/VBA. Bring examples of dashboards or analytics you've built, and be ready to explain how these tools have helped you analyse large datasets or improve execution strategies.
✨Understand Execution Strategies
Familiarise yourself with VWAP, TWAP, POV, and smart order routing logic. Be prepared to discuss how these strategies behave under different market conditions and share any experiences where you've refined these strategies for better performance.
✨Engage with Stakeholders
Think about how you've collaborated with traders, technology teams, and compliance in the past. Be ready to share specific examples of how your insights have influenced decision-making and improved trading outcomes.
