eFX Trader | Quantitative Market Maker

Morgan-Stanley; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Morgan Stanley in London is seeking an eFX Trader to monitor trading systems, manage risk, and generate data-driven trade ideas. You will analyze market structure and participate in shaping strategies for client-focused eFX opportunities.

The role requires advanced quantitative skills, deep FX market knowledge, and the ability to communicate complex insights clearly. A strong Excel/Bloomberg toolkit and independent work style are essential.

Qualifications

• Excellent analytical and problem-solving skills.
• MSc or PhD in mathematics, physics, or a similar quantitative subject.
• Extensive knowledge of FX market dynamics for G10 currencies; EM markets beneficial.
• Strong technical communication skills and ability to work independently.

Responsibilities

• Monitor the trading system, risk management and research new opportunities.
• Create trade analytics requiring understanding of deeper market structure.
• Trade and manage risk for the eFX trading book.
• Actively monitor markets for opportunities in eFX markets.
• Generate trade ideas and market comments to increase business footprint.
• Manage daily P&L reporting and perform quantitative valuation.

Skills

Analytical skills

Problem solving

Quantitative analysis

FX market knowledge

Independent work

Education

MSc/PhD in mathematics or physics

Tools

Bloomberg

Excel

Job description

Morgan Stanley in London is seeking an eFX Trader to monitor trading systems, manage risk, and generate data-driven trade ideas. You will analyze market structure and participate in shaping strategies for client-focused eFX opportunities.

The role requires advanced quantitative skills, deep FX market knowledge, and the ability to communicate complex insights clearly. A strong Excel/Bloomberg toolkit and independent work style are essential.