Junior Execution Trader at Caxton Associates New York, NY

Caxton Associates; New York (NY); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Caxton Associates is seeking a candidate to join the New York macro execution desk, executing strategies across Fixed Income, FX, Commodities, Credit, and Equities. You will work with Portfolio Managers to provide market color and improve liquidity and execution quality.

Ideal candidates have strong analytical and quantitative skills, experience in fast-paced trading environments, and the ability to work across time zones. A discretionary bonus complements base pay.

Qualifications

• Experience in a similar trade execution role in a bank or hedge fund.
• Quantitative focus with strong analytical and problem-solving skills.
• Deep understanding of fixed income markets and bond math.
• Excellent interpersonal and communication skills.
• Trading across markets, geographies, and time zones with strong ethics.

Responsibilities

• Execute macro trading strategies across a range of products.
• Support the New York execution desk and collaborate with Portfolio Managers.

Skills

Analytical mindset

Quantitative skills

Multi-asset trading

Strong communication

Education

Bachelor's degree in finance

MBA or CFA beneficial

Tools

EMS platforms

Job description

Overview

Caxton Associates is a global trading and investment firm with offices in London, New York, Monaco, Singapore and Dubai. Caxton Associates’ primary business is to manage client and proprietary capital through global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments.

The role

We are a leading global discretionary macro hedge fund (the “Firm”) seeking to add a strong candidate to our macro execution desk in New York. The candidate will have a strong analytical background and will be responsible for executing macro trading strategies across a range of products. The Execution Trading team form a pivotal part of the Firm’s global investment team and work closely with Portfolio Managers to provide market information, suggest trade ideas and review liquidity.

Responsibilities

Responsibilities include executing macro trading strategies across a range of products and supporting the execution desk in New York, with close collaboration with Portfolio Managers to provide market information and review liquidity.

Requirements

• Trade execution across the following products: Fixed Income, Foreign Exchange, Commodities, Credit, Equities: Cash and Derivatives.
• Application and understanding of execution algorithms and EMS
• Analyze large data-sets to guide automation and refinement of execution processes
• Post-trade and end-of-day position reconciliation
• Interface directly with Portfolio Managers, Brokers, Senior Management, Compliance and Risk
• Provide daily market color as well as ad hoc research reports.
• Comply with relevant regulation and procedures.

Experience

• Experience in a similar role within a Bank or Hedge Fund.
• Quantitatively focused with strong analytical, investigative, mathematical, and problem-solving skills.
• Deep understanding of fixed income markets and bond math.
• Excellent interpersonal and communication skills.
• Trading experience across multiple markets, geographies, and time zones.
• Strong knowledge of execution algorithms.
• Data management skills.
• Excellent time management and multi-tasking skills.
• Ability to work efficiently and independently in a fast-paced environment.
• Displays and operates at the highest degree of ethics and integrity.

Benefits

The base pay range for this role is between $150,000 to $175,000 (USD) annually. Actual base pay will be determined based on several factors, including, but not limited to, relevant experience, seniority, business needs, and market demands. In addition to base pay, successful candidates will be entitled to discretionary bonus.