European Equity Electronic Trading Product Manager

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a European Equity Electronic Trading Product Manager to lead the development of advanced algorithmic trading products. This role involves collaborating with global teams, enhancing product offerings, and analyzing market structures. The ideal candidate will possess expert knowledge of equity markets and algorithmic trading, along with strong communication skills to engage with clients effectively. Join a dynamic team focused on innovation and excellence in the finance sector, where your contributions will drive significant impact in the trading landscape.

Qualifications

• Expert understanding of European equity market structure and algorithmic trading.
• Experience with transaction cost analysis and data analysis languages like R or Python.

Responsibilities

• Build sophisticated European Equity algorithmic products and support sales teams.
• Analyze client workflows and improve trading processes.

Skills

Algorithmic Trading

Transaction Cost Analysis

Data Analysis (R, Python)

Communication Skills

Equity Market Structure

Education

Bachelor’s Degree in Engineering

Master’s Degree in a Quantitative Field

Job description

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European Equity Electronic Trading Product Manager, London

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Client:

BestEx Research

Location:

London, United Kingdom

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

0144cca90650

Job Views:

9

Posted:

24.04.2025

Expiry Date:

08.06.2025

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Job Description:

• Building 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
• Understanding the competitive landscape, analyzing strengths and weaknesses of the BestEx Research products, analyzing client pain points and translating to a roadmap for the product and building concrete requirements
• Understanding clients trading workflow with BestEx product end to end and help improve the processes
• Provide execution services and support to clients as we grow the product and expand the team
• Running Transaction Cost Analysis (TCA) of the product, developing a good understanding of BestEx Research algorithms and TCA framework, and coming up with ways to improve the product performance.
• Develop good understanding of clients order flow and risk aversion; tailor and optimize the algorithms for clients unique requirements and order flow
• Managing relationships with trading venues, upstream vendors, downstream broker-dealer and other liquidity partners
• Keeping abreast of market structure changes and the liquidity landscape, evaluating the impact of those changes on our product suite and recommending solutions to benefit from those changes

Requirements

• Expert level understanding of the equity market structure in Europe
• Expert level understanding and experience with algorithmic trading, ideally in capacity of designing execution algorithms.
• Expertise in transaction cost analysis, and a good understanding of drivers of trading costs
• Experience with data analysis languages such as R or Python. Good understanding of data science.
• Excellent communication skills and ability to present complex technical ideas to clients
• Good relationship with the sell-side and buy-side firms is a plus
• Prior experience in coding production level software is a plus but not required
• Good understanding of back office functions is a plus but not required
• Bachelor’s or Master’s degree in Engineering or a quantitative field