Electronic FX Market Making Strategist

1 week ago


London, Greater London, United Kingdom Commerzbank AG Full time

Job Overview

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We are seeking a skilled eFX Quant Researcher/Trader to join our team at Commerzbank AG in London.

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Main Responsibilities:

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  • To apply statistical methods to extract valuable insights from trade flow, optimizing pricing and liquidity for diverse FX clients.">
  • To research, test, and implement quantitative price discovery and trading strategies for our electronic FX market making business.">
  • To contribute to growing profitability and client satisfaction through quantitative analysis of proprietary data.">
  • To manage trading risks via algorithms during Asian trading hours.">
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Key Activities:

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  • Develop new methods for systematically optimizing delivery of pricing and liquidity to clients.">
  • Research innovative market making pricing strategies.">
  • Design and backtest risk management algorithms to efficiently control inventory levels generated from client flow.">
  • Utilize market data and proprietary information to design systematic trading signals.">
  • Collaborate with IT to bring new trading strategies to production.">
  • Stay updated on the latest algorithmic trading research.">
  • Manage global trading books during Asian hours, ensuring compliance with risk profiles and limits.">
  • Identify client patterns and develop strategic proposals to maximize franchise success.">
  • Respond to sales/client queries in a timely and transparent manner.">
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Requirements:

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  • Experience applying quantitative techniques to optimize electronic market making businesses.">
  • Strong background in statistics and statistical programming.">
  • Prior knowledge of FX markets preferred.">
  • High competency level with q/kdb+ and Java preferred.">
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Education:

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  • ">
  • Postgraduate degree in a numerate field required.">
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Salary Range:

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$100,000 - $140,000 per annum, depending on experience.



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