Fixed Income Execution Trader

Walleyecapital External Fulltime; New York (NY); On-site; USD 180,000 - 220,000; Full time

Job summary

Walleye Capital in New York is seeking a Fixed Income Execution Trader to join the Central Execution Trading Desk. You will execute across rates, government bonds, futures, and swaps, supporting portfolio managers across fixed income and macro strategies.

The role requires deep product knowledge, a builder's mindset, and the ability to cover Asia and European hours. Strong communication and programming skills (Python, SQL) are valued, with NY-based relocation required.

Qualifications

• 5+ years of execution trading experience on the buy side is preferred.
• Strong experience with linear fixed income products: rates, bonds, futures, and swaps.
• Willingness to trade equities and support non-linear products as needed.
• Deep understanding of market structure, liquidity dynamics, and execution mechanics.

Responsibilities

• Execute across linear fixed income products in alignment with PM strategy and risk parameters.
• Develop relationships with Portfolio Managers and provide real-time market color and feedback.
• Build connections with sell-side counterparties to source liquidity and market intelligence.
• Partner with risk, operations, compliance, and technology to improve workflows and reduce risk.
• Stay updated on market developments and regulatory changes affecting trading.

Skills

Execution trading

Python

SQL

Communication

Tools

Python

SQL

Job description

Position

Fixed Income Execution Trader, Investment Support

Location

New York, NY

Firm Overview

Walleye Capital is a ~$17 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices. Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Fundamental Equities, Quant, and Volatility strategies.

At Walleye, we continuously innovate by focusing on three core principles: approach, platform, and people. Our approach is to allocate risk capital where we believe there is not only a compelling opportunity, but also a clear ability to define our tangible edge. We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure, technology, and our balance sheet to do so in a structurally advantageous way. Our platform, developed over two decades, is central to our operations, evolving alongside business complexities and technological advancements to support our team's success. Our people are our greatest asset, and we've cultivated an environment that attracts top talent by balancing autonomy with collaboration, and intelligence with integrity.

Position Overview

We are seeking a Fixed Income Execution Trader to join our Central Execution Trading Desk, based in New York. This role supports the firm's growing non-equity businesses, working closely with portfolio managers across fixed income and macro strategies to execute trades across linear products. The trader will cover rates, government bonds, futures, and swaps, with experience in non-linear products such as swaptions a plus. FX/commodities experience is also a plus, and the candidate should be flexible to support equities execution when needed. This is a hands-on seat on a small central team, and the ideal candidate combines deep product knowledge with a builder's mentality: comfortable covering Asia and European hours when the desk needs it, and motivated by growing alongside the business.

Responsibilities

• Execute across linear fixed income products, including government bonds, futures, and swaps, with accurate and timely execution aligned to Portfolio Manager strategy and risk parameters. Willingness to develop execution capabilities in non-linear products such as swaptions over time.
• Develop and maintain strong relationships with Portfolio Managers, understanding their investment objectives and providing real-time market color, liquidity insights, and execution feedback.
• Establish and foster strong connections with sell-side counterparties to source liquidity and market intelligence.
• Maintain ongoing partnership with risk, operations, compliance, and technology teams to reduce operational risk and improve trading workflows.
• Stay abreast of market developments and regulatory changes that may impact trading.

Qualifications

• 5+ years of execution trading experience required, and buy-side institution (asset management or hedge fund) experience is a plus.
• Strong experience across linear fixed income products; rates, bond basis, and swaps required. Non-linear experience (swaptions) a plus, as is FX and EM.
• Willingness to trade equities when required.
• Deep understanding of market structure, liquidity dynamics, and execution mechanics.
• Comfortable on a small central team with a start-up mentality.
• Excellent communication skills with the ability to convey market information clearly to portfolio managers and internal stakeholders.
• Comfortable with the structure and economics of a central seat, with motivation tied to the growth of the platform.
• Coding experience (Python, SQL) and experience with AI tools preferred but not required.
• New York-based.

Pay Range

Base salary: $200,000 plus a competitive bonus and comprehensive benefits package.

Equal Opportunity

Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

If you require a reasonable accommodation to participate in any part of our hiring process, please contact [e-mail]

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