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Open Trading Specialist

AT MarketAxess
MarketAxess

Open Trading Specialist

London, United Kingdom

About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

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The Role

MarketAxess Open Trading creates a centralized, all-to-all corporate bond & emerging markets marketplace that helps to increase overall market liquidity by vastly expanding the number of potential trading counterparties. 

The Open Trading Desk offers day-to-day trade facilitation, specialist trade support and trade issue resolution to European Open Trading customers.  Additionally, the Desk provides a key relationship management role and is actively involved in helping Client & Dealer sales teams to develop the business.

How You’ll Make an Impact  

  • Join the Open Trading (OT) desk to support trade facilitation across the MarketAxess platform
  • Collaborate with sales, product and marketing to promote the OT business with a focus on growing dealer flow via our dealer-initiated protocols
  • Seek out new sources of market liquidity and analyse opportunities to help innovate new products, protocols and strategies
  • Assist in prompt resolution of trade issues and trade disputes, working closely with legal, compliance and settlement teams to ensure smooth running of the platform
  • Be accountable when choosing the appropriate process and escalation paths for difficult trading issues
  • Demonstrate competence with reporting tools to monitor trading activity and present to management on a regular basis
  • Work closely with the Trade Facilitation teams in London, APAC and NY to ensure seamless client/dealer coverage across time zones

What We’re Looking for 

  • 5+ years of experience, ideally working on a sales/trading/broking desk
  • Strong product knowledge in Fixed Income
  • Strong verbal and written communication skills and strong interpersonal skills
  • Candidates should have a focused work ethic and be operate with a high degree of diligence
  • A strong team ethic is critical. Personal gravitas and accountability
  • An engaging persona and ability to deal with stressful situations in fast moving markets
  • A proactive mindset to sourcing new business from our clients and dealers

What You Can Expect from Us 

  • Central Location: based at our city offices near St Paul's.  
  • Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines 
  • Paid Time Off: 25 days annual leave entitlement plus 2 charity days
  • Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service 
  • Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan
  • Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences 

Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees work in the office 4 days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term.

Client-provided location(s): London, UK
Job ID: 4558148006
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • FSA
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Stock Purchase Program
    • Performance Bonus
    • Pension
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Lunch and Learns
    • Internship Program
    • Associate or Rotational Training Program
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Founder led
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at MarketAxess.