eFX Quantitative Researcher
- Recruiter
- Macfarlanes
- Location
- London (Greater)
- Salary
- £80,000 - £100,000 per annum + benefits and discretionary bonus
- Posted
- 03 Jan 2017
- Closes
- 02 Feb 2017
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Job Title: eFX Quantitative Researcher
Location: London
Salary: £80,000 - £100,000 per annum + benefits and discretionary bonus
Work pattern: 5 days a week
Employer: XTX Research LLP
Duration: permanent
Number of positions: 1
XTX Research LLP requires an eFX Quantitative Researcher to assist with research and development of models and strategies for automated pricing and inventory management of eFX currency pairs.
Main responsibilities of the role include:
- Developing proprietary statistical tools for the cleaning, quantitative analysis and interpretation of large sets of financial time series data.
- Development of volume forecasting methodology for major currency pairs on ECN's such as EBS and Reuters.
- Research and development of bespoke pricing strategies for XTX eFX clients.
- Implementation in Java of research tools and production trading logic.
- Collaborating with other Quantitative Researchers and IT specialists.
As an eFX Quantitative Researcher you must have:
- Excellent academic foundations to a minimum of Bachelors level in a STEM subject, preferably Mathematics or Physics. Specifically, you will be able to show first rate abilities with Calculus and Linear Algebra.
- Masters level degree in an applied quantitative discipline, preferably Economics. You will be able to demonstrate excellent theoretical foundations in Econometrics and Time Series Analysis.
- Prior commercial experience of developing forecasting methodologies for financial time series, specifically you will have successfully applied these to Foreign Exchange data in the context of eFX trading.
- Relevant commercial experience working with large sets of financial time series data for FICC markets, ideally in the context of developing models for the automated pricing of eFICC traded securities.
- Commercial experience of programming in Java, specifically you will have previous experience of implementing into production trading logic for the automated trading of eFX securities.
- Experienced in the application flexible Fourier transforms and LASSO techniques in the context of selecting regressors.
- Broad practical knowledge of financial markets gained from previous roles. You will be familiar with general concepts of PnL, hedging and risk calculation for trading books comprised of fixed income, foreign exchange or related derivative instruments.
- Experience with time-series databases (KDB).
To apply, please send your CV's in via the apply button.
Closing date for applications is 31 January 2017.