Full-Time

Quant Researcher

Confirmed live in the last 24 hours

MarketAxess

MarketAxess

501-1,000 employees

Electronic trading platform for fixed-income markets

Data & Analytics
Financial Services

Compensation Overview

$110k - $165kAnnually

+ Annual Cash Incentives + Equity

Mid, Senior

New York, NY, USA

Hybrid environment requires a mix of in-office and remote work.

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
R
SQL
Machine Learning
Fixed Income Securities
Data Analysis
Reinforcement Learning
Requirements
  • Proficiency in programming languages and tools commonly used for quantitative analysis and data manipulation, such as R, Python, and SQL.
  • 3+ years of experience as a quantitative researcher in Fixed Income markets.
  • Deep understanding of fixed income market dynamics and ability to apply quantitative techniques to solve real-world trading problems.
  • Experience applying advanced Machine Learning and AI techniques (Deep Learning, Tree based models, Reinforcement Learning).
  • Strong written and verbal communication skills.
Responsibilities
  • Partner with the MarketAxess Sales team to provide tailored data insights that enhance trading execution for clients and dealers.
  • Analyze bond market activity and market micro-structure, including MarketAxess’ proprietary data.
  • Take ownership of existing research models and reports like Transaction Costs Analysis, Tradability and other data products.
  • Develop new models and reports.
  • Collaborate closely with global product and development teams to enrich data-driven trading solutions.
Desired Qualifications
  • Familiarity with cloud computing platforms like AWS and data visualization tools like Tableau is also highly desirable.

MarketAxess operates an electronic trading platform focused on fixed-income markets, allowing institutions to trade bonds more efficiently. The platform connects over 2,000 firms, including asset managers and broker-dealers, enabling them to access a unique liquidity pool through its Open Trading™ marketplace. This marketplace facilitates all-to-all trading, enhancing liquidity and execution quality while reducing costs. MarketAxess also provides automated trading solutions, market data products, and various pre- and post-trade services, utilizing its extensive data and analytics. Unlike competitors, MarketAxess emphasizes a collaborative trading environment and offers a comprehensive suite of services that cater specifically to the needs of institutional clients. The company's goal is to improve trading efficiency and transparency in the fixed-income market.

Company Stage

IPO

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

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased electronic trading adoption in emerging markets offers expansion opportunities for MarketAxess.
  • Partnership with S&P Global enhances MarketAxess' data analytics capabilities for better market insights.
  • Growing demand for sustainable finance allows MarketAxess to expand its green bond offerings.

What critics are saying

  • Increased competition from platforms like Tradeweb and Bloomberg may erode MarketAxess' market share.
  • CEO Rick McVey's departure in April 2023 may lead to strategic instability.
  • Expansion into emerging markets exposes MarketAxess to geopolitical risks and currency volatility.

What makes MarketAxess unique

  • MarketAxess offers a unique all-to-all trading solution with its Open Trading™ marketplace.
  • The platform is utilized by over 2,000 firms, including top asset managers and broker-dealers.
  • MarketAxess provides comprehensive pre- and post-trade services, enhancing execution quality and efficiency.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Company Match

Employee Stock Purchase Plan

Wellness Program

Mental Health Support

Tuition Assistance and Professional Development

Onsite Healthcare

Generous Parental Leave