Internship

Quant Research Intern

Posted on 10/25/2024

MarketAxess

MarketAxess

501-1,000 employees

Institutional electronic trading platform for fixed-income

Data & Analytics
Financial Services

London, UK

Employees in Technology work in the office 2 or more days a week.

Category
Quantitative Analysis
Quantitative Research
Quantitative Finance
Required Skills
Python
R
SQL
Data Analysis
Requirements
  • Hold an undergraduate or masters’ degree in a quantitative field (science, engineering, mathematics, finance, or statistics is preferred).
  • Solid quantitative and analytical skills.
  • Good querying / programming capabilities including R/Python, SQL.
  • Understanding of fixed income markets.
  • Must be graduating in Summer 2026, hence should be in their penultimate year of study.
  • Superb interpersonal and communication skills.
  • Highly analytical, flexible, team-oriented, and creative problem solver.
  • Strong data capabilities, including working with complex datasets.
  • English (to a high/professional standard)
Responsibilities
  • Partner with the MarketAxess Sales team to deliver tailored data insights that enhance trading execution for clients and dealers.
  • Analyse bond market activity and market micro-structure trends, including MarketAxess’ proprietary data.
  • Develop new models and reports.
  • Create and maintain presentation materials for internal and external meetings.
  • Champion business growth with state-of-the-art analytics.
  • Expand and refine our quantitative trading solutions.

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 its competitors, MarketAxess emphasizes a collaborative trading environment that benefits a wide range of credit market participants. The company's goal is to improve trading efficiency and transparency in the global 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

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased electronic trading adoption in emerging markets boosts MarketAxess' platform demand.
  • Record total credit ADV of $15.2 billion in February 2024 shows strong growth.
  • Partnership with S&P Global enhances data analytics capabilities for better trading strategies.

What critics are saying

  • Competition from Tradeweb and Bloomberg may erode MarketAxess' market share.
  • CEO Rick McVey's departure in April 2023 could lead to strategic instability.
  • Rapid emerging markets growth poses integration challenges for MarketAxess' platform.

What makes MarketAxess unique

  • MarketAxess offers a unique all-to-all Open Trading™ marketplace for credit markets.
  • The platform supports a global network of over 2,000 firms for efficient bond trading.
  • MarketAxess provides comprehensive pre- and post-trade services with extensive data resources.

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