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 + bonus, pension, and hybrid work model.
- Other info: Collaborative role with opportunities for continuous learning and career growth.
- 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.
Salary: 120k + bonus + pension
Location: London (4 days onsite)
Tech & Tools: Fidessa | Broadridge (TBricks, ULLINK) | Python | SQL | Excel VBA | FIX | EMS/OMS | TCA | Market Microstructure Analytics
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 + Bonus | London Hybrid employer: VirtueTech Recruitment Group
As a leading international investment bank, our client offers an exceptional work environment that fosters innovation and collaboration within the Front Office Electronic Trading team. Employees benefit from a competitive salary of £120k plus bonuses, alongside opportunities for professional growth through hands-on experience with cutting-edge trading technologies and direct engagement with traders and technology teams. The London-based role promotes a hybrid work culture, allowing for a balanced approach to work-life integration while contributing to high-impact projects that shape the future of electronic execution.
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 + Bonus | London Hybrid
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the industry. Attend meetups, webinars, or even just grab a coffee with someone who works in electronic trading. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! If you’ve got experience with Python, SQL, or any of the tools mentioned in the job description, make sure to highlight that in conversations. Bring examples of how you've used these skills to solve real problems in trading environments.
✨Tip Number 3
Prepare for those tricky technical interviews! Brush up on your knowledge of market microstructure and execution strategies. Be ready to discuss how you would approach analysing trade flows and optimising execution quality under different market conditions.
✨Tip Number 4
Don’t forget to apply through our website! We’re always looking for talented individuals to join our team. Make sure your application stands out by tailoring it to the specific role and showcasing your passion for electronic execution and market analysis.
We think you need these skills to ace Application support Fidessa specialist | Electronic Execution AND Market Microstructure | 120k + Bonus | London Hybrid
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 analytics makes you a perfect fit. Let us know what excites you about working with our team!
Showcase Technical Skills:Since this role requires strong technical fluency, make sure to highlight your proficiency in Python, SQL, and any experience with FIX protocol. We love seeing candidates who can demonstrate their analytical capabilities through real examples.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
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 along 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, and smart order routing logic. Be prepared to discuss how these strategies behave under different market conditions and share any insights you've gained from refining them in previous roles.
✨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 execution quality in a trading environment.
