|Corporate Title: .||Salary Range: Permanent|
|Location: Singapore||Date Open: June 2019|
Date added: 15 March 2019
Job Ref No: DH32088
FX Prime Brokerage (FXPB) is a trade intermediation service, which allows clients to execute with a number of liquidity providers, including ECNs and Non-Bank Market Makers via their own trading connections, and then give the trade up post execution to the Bank who acts as single, centralized credit counterparty. FXPB is not involved in the execution or price formation process. It is a post trade service which allows clients to achieve margin, credit and operational efficiencies. It offers automated, real-time matching, allocation and booking service with Intra-day credit controls for both clients and executing dealers.
Client ALGO is a service to clients that allows them to trade on the Bank's liquidity using a variety of algorithmic execution strategies. Clients will have access to the service via the FX Services and CES teams or through the third party venue. It will increase the the Bank's electronic FX service offering and provide clients with the ability to trade with the Bank using a set of predefined algorithms. Clients will also have access, upon request, to the Transaction Cost Analysis reports for insight into the execution quality. This will close the gap in the Bank's electronic FX trading service offering, allowing the Bank to catch up with competitors in the algorithmic trading space, and introduce additional revenue streams for the Markets business.
Experience in the investment services industry, preferably with a background in FXPB, Operations, and Client ALGO support
Ability to work without close supervision, organize, manage and prioritize work
Well organized and able to work under pressure in order to meet tight deadlines and client expectations