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Full-Time

Trade Desk Specialist

Pragma

Confirmed live in the last 24 hours

MarketAxess

MarketAxess

501-1,000 employees

Electronic trading platform for global fixed-income markets

Data & Analytics
Fintech
Financial Services

Compensation Overview

$115k - $160kAnnually

+ Annual Cash Incentives + Equity + Other Benefit Programs

Mid

New York, NY, USA

Category
Risk Management
Sales & Trading
Finance & Banking
Required Skills
Sales
Communications
Requirements
  • 2+ years of experience in Equities electronic trading with a preference for having covered the broker-dealer community.
  • Must have FINRA Series 7 & 63 or be able to obtain them within the first three months of joining.
  • Strong attention to detail in both written and verbal communication.
  • Ability to operate efficiently in high pressure situations.
  • Ability to empathize and build rapport with clients
  • Knowledge of electronic trading in FX, Credit or Rates a plus.
  • Bachelor's degree or equivalent (Comp Sci. or Engineering a strong plus).
Responsibilities
  • Manage trading risk by monitoring and analyzing Equities order flow.
  • Become an expert in equity market structure to better service clients with time-sensitive trading issues and inquiries related to trading performance, logic, and suspected problems.
  • Manage client requests and algorithmic configurations for Pragma’s clients.
  • Work closely with Product and Sales to scale up the business.
  • Opportunity to gain exposure and learn about electronic trading and market structure in other asset classes (Credit, FX and Rates).

MarketAxess MarketAxess operates a leading institutional electronic trading platform that offers expanded liquidity opportunities, improved execution quality, and significant cost savings in global fixed-income markets. The platform leverages patented trading technology and a global network of over 2,000 firms to efficiently trade bonds on MarketAxess' Open Trading™ marketplace, creating a unique liquidity pool.

Company Stage

Seed

Total Funding

$41.1K

Headquarters

New York City, New York

Founded

2000

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

16%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of experienced leaders like John Maggiacomo and Dan Burke is likely to drive strategic growth and deepen client relationships.
  • Significant investments, such as the $1.12 million from Significant Wealth Partners LLC, indicate strong market confidence in MarketAxess.
  • The successful execution of the first Casada trade via RFQ and the launch of Open Trading® for emerging market bonds position MarketAxess as a pioneer in electronic fixed-income trading.

What critics are saying

  • The fixed-income trading market is highly competitive, with significant pressure from other electronic trading platforms.
  • Frequent leadership changes, such as the recent appointment of a new CFO, can lead to strategic instability and operational disruptions.

What makes MarketAxess unique

  • MarketAxess is a leading electronic trading platform specifically focused on fixed-income securities, unlike broader financial trading platforms.
  • The company's recent expansion into emerging markets and local currency bonds highlights its commitment to diversifying its product offerings.
  • MarketAxess's introduction of the Casada trade via RFQ protocol demonstrates its innovative approach to enhancing liquidity and transparency in the fixed-income market.