LSET Trader

Nomura Holdings, Inc.; New York (NY); On-site; USD 140,000 - 250,000; Full time

Benefits offered by this job

401(k) eligibility

Medical and financial benefits

Paid vacation and parental leave

Job summary

Nomura Holdings, Inc. in New York seeks a mid-level LSET Trader to research and oversee daily trades with a focus on US Equities and Options. The ideal candidate will effectively manage order flow, interact with brokers, and provide real-time risk management. Experience with electronic trading platforms and understanding of the US Equities/Options trade lifecycle is crucial. The role requires strong communication and collaboration skills. Compensation includes a competitive salary range of $140,000-$250,000, alongside various benefits.

Qualifications

• Mid-level experience in trading US Equities/Options.
• Familiarity with electronic trading platforms is essential.
• Understanding of the 'Trade Lifecycle' in US Equities/Options.

Responsibilities

• Manage order flow and execute trades using electronic platform.
• Monitor execution algorithms and resolve issues with quant clients.
• Interact with brokers to source liquidity and maintain trade allocations.
• Investigate and resolve trade discrepancies and latency issues.

Skills

Risk monitoring

Communication skills

Collaboration skills

Networking knowledge

Technical troubleshooting

Knowledge of FIX Protocol

Tools

Electronic trading platforms

Order Management Systems (OMS)

Execution Management Systems (EMS)

Job description

The pay range for this position at commencement of employment is expected to be between $140,000-$250,000 a year*

Job Description

As an LSET Trader you will research, monitor, and oversee the execution of daily trades with our low latency client base trading US Equities/Options. The ideal candidate will be a mid‑level professional. Frequent interaction with traders, quants, operations, support, and senior management teams will be required so communication and collaboration skills are essential. This is a DESK role, previous exposure to electronic trading platforms are a must, the trader will be fielding daily inquiries about algos, smart order routers, and DMA orders. Familiarity with risk monitoring, risk management, and ability to follow escalation procedures are also key components to the role. Market structure knowledge and the ability to work with the exchanges across various FIX and binary protocols to troubleshoot client inquiries. Basic networking/technical knowledge is also a plus as well as experience with VBA.

Key Responsibilities

• Manage order flow and execute trades using an electronic trading platform.
• Work closely with support, operations, brokers, and PB’s to assure proper trade allocations.
• Monitor the behavior of execution algorithms and work with quant clients to resolve any issues.
• Interact with brokers and bank dealing desks to source liquidity if needed.
• Perform miscellaneous job related duties as assigned such as ad hoc report generation.
• Maintain and upgrade existing spreadsheets and trading tools.
• A strong understanding of how different exchanges and Alternative Trading Systems (ATSs) operate.
• Provide real‑time risk management order flows and connectivity health to detect and resolve technical "hiccups".
• Act as a high‑level technical point of contact to investigate trade discrepancies, latency issues, or connection drops in a fast‑paced "front‑to‑back" environment.
• Hands‑on experience with Order Management Systems (OMS), Execution Management Systems (EMS), and the FIX Protocol.
• Knowledge of the US Equities/options "Trade Lifecycle".
• Translate complex technical issues into clear updates for non‑technical stakeholders, such as sales traders or institutional clients.

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job‑related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign‑on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an “at‑will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

**US FINANCE ONLY** Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.