eFX Trader (Electronic FX Trading Desk)
Job No.: 500043
Employment Type: Full time
Departments: Global Markets
Job Functions: Dealing & Trading, Financial Management
We are seeking a forward-thinking and collaborative eFX Trader to join our electronic FX trading desk. In this role, you will bring a sharp commercial focus to monitoring Global Markets execution, overseeing automated pricing, and managing the end-to-end electronic client experience. Sitting at the intersection of trading, technology, and sales, you will play a key role in analyzing flow dynamics, optimizing liquidity across prevailing electronic platforms, and providing seamless desk coverage.
Key Responsibilities
- Execution & Desk Coverage: Monitor automated pricing engines and execution across OTC and currency futures, providing critical desk coverage and position management support when required.
- Client Onboarding & Flow Setup: Oversee the onboarding of clients onto electronic platforms, coordinating with Sales and IT to ensure smooth go-live integration.
- Flow & Pattern Analysis: Continuously monitor and analyze client trading patterns, flow toxicity, and execution hit ratios to optimize pricing tiers and maximize franchise profitability.
- Liquidity & LP Management: Evaluate Liquidity Provider performance, market impact, and reject rates to optimize the desk's external sourcing and internal risk management.
- Platform & API Monitoring: Actively manage and configure prevailing electronic trading platforms (ECNs, multi-dealer platforms, direct APIs) to ensure continuous, high-quality liquidity stream delivery.
- Troubleshooting & Support: Act as the first line of defense for electronic trading issues, swiftly resolving pricing discrepancies, rejected trades, or connectivity disruptions.
- Cross-Functional Collaboration: Partner closely with internal technology, quantitative, and risk-taking teams to test system upgrades, refine pricing parameters, and drive platform enhancements.
Requirements & Qualifications
- Experience: 2 years or above experience on an FX trading desk, with a proven track record in electronic FX market-making or liquidity management.
- Product Knowledge: Robust, thorough understanding of FX market mechanics, liquidity structures, and trading conventions across both OTC and currency futures.
- Education: University graduate. A degree in Finance, Business Administration, Engineering, or Mathematics is a strong plus.
- Platform Proficiency: Strong practical experience working with prevailing electronic trading platforms, aggregators, and ECNs.
Core Competencies:
- Effective Communication: Clear and concise communication skills to articulate technical trading issues or data trends to sales desks, clients, and IT.
- Team Collaboration: A strong team player who thrives under pressure in a fast-paced, collaborative trading floor environment.
If you are applying for in-scope position(s) under the Mandatory Reference Checking Scheme (i.e., A role carrying out regulated activities licensed by the IA, SFC & MPFA),
you are required to undergo the Mandatory Reference Checking. Our responsible recruiter will inform you the details of the MRC process and the requirements in due course.
For details, please click here.
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