eFX Trader (Electronic FX Trading Desk)

Job Description

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. Show More