European Equity Electronic Trading Product Manager

About the Company

BestEx Research is a financial technology and research firm specializing in building sophisticated execution algorithms and transaction cost modeling tools servicing multiple asset classes. The firm provides high-performance algorithmic execution services to hedge funds, CTAs, asset managers, and banks through a traditional electronic broker and in a broker-neutral Software as a Service (SaaS) model.

Responsibilities

• Build out a sophisticated European Equity algorithmic product working closely with the global algorithmic trading product, research and development team
• Act in the capacity of product specialist to help sales team pitch the product to European clients
• Analyze the competitive landscape, product strengths/weaknesses, and client pain points to build product roadmaps and requirements
• Understand client trading workflows end-to-end to improve processes
• Provide execution services and support to clients
• Run Transaction Cost Analysis (TCA) and develop ways to improve product performance
• Tailor and optimize algorithms based on client order flow and risk aversion
• Manage relationships with trading venues, upstream vendors, and liquidity partners
• Monitor market structure changes and evaluate their impact on the product suite

Requirements

• Expert level understanding of European equity market structure
• Expert level understanding and experience with algorithmic trading
• Expertise in transaction cost analysis (TCA)
• Experience with data analysis languages such as R or Python
• Excellent communication skills for presenting technical ideas to clients
• Bachelor’s or Master’s degree in Engineering or a quantitative field

Preferred Qualifications

• Existing relationships with sell-side and buy-side firms
• Prior experience in coding production level software
• Understanding of back office functions