European Equity Electronic Trading Product Manager

July 22

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BestEx Research

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Reducing transaction costs with transparent, high-performance execution algorithms and proactive measurement

Equity algorithmic trading • FX algorithmic trading • Futures algorithmic trading • Algorithmic trading technology • Transaction cost analysis

11 - 50

Description

• Building out a sophisticated European Equity algorithmic product working closely with the global algorithmic trading product, research and development team • Act in the capacity of product specialist to help sales team pitch the product to European clients • Understanding the competitive landscape, analyzing strengths and weaknesses of the BestEx Research products, analyzing client pain points and translating to a roadmap for the product and building concrete requirements • Understanding clients trading workflow with BestEx product end to end and help improve the processes • Provide execution services and support to clients as we grow the product and expand the team • Running Transaction Cost Analysis (TCA) of the product, developing a good understanding of BestEx Research algorithms and TCA framework, and coming up with ways to improve the product performance. • Develop good understanding of clients order flow and risk aversion; tailor and optimize the algorithms for clients unique requirements and order flow • Managing relationships with trading venues, upstream vendors, downstream broker-dealer and other liquidity partners • Keeping abreast of market structure changes and the liquidity landscape, evaluating the impact of those changes on our product suite and recommending solutions to benefit from those changes

Requirements

• Expert level understanding of the equity market structure in Europe • Expert level understanding and experience with algorithmic trading, ideally in capacity of designing execution algorithms. • Expertise in transaction cost analysis, and a good understanding of drivers of trading costs • Experience with data analysis languages such as R or Python. Good understanding of data science. • Excellent communication skills and ability to present complex technical ideas to clients • Good relationship with the sell-side and buy-side firms is a plus • Prior experience in coding production level software is a plus but not required • Good understanding of back office functions is a plus but not required • Bachelor’s or Master’s degree in Engineering or a quantitative field