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Full-Time

Product Specialist

Fixed Income Automation

Updated on 9/11/2024

MarketAxess

MarketAxess

501-1,000 employees

Electronic trading platform for global fixed-income markets

Data & Analytics
Fintech
Financial Services

Compensation Overview

$100k - $160kAnnually

+ Annual Cash Incentives + Equity + Other Benefit Programs

Senior, Expert

New York, NY, USA

Category
Product Management
Product Strategy
Product
Required Skills
Agile
Sales
Communications
Tableau
Marketing
PowerPoint/Keynote/Slides
Requirements
  • 5+ years of product/trading experience in relevant market
  • Experience in electronic algorithmic trading; Investment bank, asset manager or electronic trading platform
  • Self-motivated, quick and assertive
  • Strong communication and customer facing skills
  • Excellent PowerPoint production and presentation skills
  • Analytical mind and strong Excel skills to mine and present data, Alteryx and Tableau preferred
  • Ability to manage projects and prioritize work effectively
  • Service and results orientated
  • Able to deliver results under pressure
  • Can work in an entrepreneurial and start-up environment
Responsibilities
  • Be a subject matter expert responsible for managing product development priorities and appraising revenue opportunities across multiple automation trading protocols including Adaptive Auto-X, Auto-X RFQ, and Auto-X Responder
  • Attend meetings with investor clients or dealers, which would include traders, heads or trading or portfolio managers, and provide expertise on product changes and market trends. This will include evangelizing the potential for trading automation, whilst being sensitive to client hesitancy/nervousness to this type of technology
  • Enable our sales teams with appropriate education on product and market changes
  • Analyze client data (e.g. client usage data, market data), for insight on what is driving client behavior. Use this data to produce insightful sales material that will drive product usage
  • Produce regular updates and communicate internally to champion product progress
  • Be a key stakeholder in the agile development process and act as the voice of the client, helping to ensure client feedback is being captured and correctly prioritized
  • Provide guidance in client onboarding and lead client trainings tied to automation initiatives
  • Co-ordinate the production of product collateral as features are released. This will involve working with product team, sales, marketing and legal
  • Analyze specific orders and present investigation findings to Best Execution committee

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.