Open Trading Specialist

MarketAxess Holdings Inc.; New York, Northern (NY, KY); Hybrid; USD 135,000 - 185,000; Full time

Benefits offered by this job

Hybrid Environment

Free Lunch

Paid Time Off

Parental Leave

401(k) Match

Employee Stock Purchase Plan

Wellness Stipend

Onsite Healthcare

Tuition Assistance

Competitive Benefits

Job summary

MarketAxess is a leader in Open Trading, driving growth and liquidity by connecting dealers and clients in a fast-paced, technologically advanced marketplace. This role focuses on enhancing trading opportunities, facilitating liquidity, and delivering high-quality client experiences across the platform.

With strong fixed income knowledge and front-office experience, you will collaborate with Sales, Client Services, and Product teams to expand platform adoption and strategic initiatives globally.

Qualifications

• 5+ years of strong product knowledge in fixed income markets.
• Experience in a front office role at a broker/dealer and/or within the interdealer corporate credit trading environment.
• Strong verbal and written communication skills with the ability to build effective relationships.
• Demonstrates a high level of accountability, focus, and attention to detail.
• Service-oriented with a strong results-driven mindset.
• Ability to perform effectively under pressure.
• Comfortable working in an entrepreneurial, fast-paced environment.
• Demonstrated AI fluency, including the ability to effectively leverage generative AI and intelligent workflow tools.

Responsibilities

• Resolution of trade disputes in collaboration with Dealer and Client Sales, and the Customer Services teams.
• Build and strengthen relationships with dealer and client desks to support Open Trading activity.
• Partner with Sales to drive Open Trading growth in the U.S., including supporting strategic initiatives and new product development to expand the global business.
• Develop deeper relationships with sell-side traders, serving as a resource for pricing data and market insights.
• Report Open Trading performance, trends, and insights to management on a regular basis
• Partner with Product and Technology teams to provide feedback on emerging AI-enabled trading, workflow, and analytics capabilities that support the evolution of the Open Trading marketplace.

Skills

Fixed income

Front office

Communication

Accountability

Results-driven

Entrepreneurial

AI fluency

Series 7

Series 63

Job description

Revenue | New York, New York | Full-time

Company Description

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There.

The Role

The Open Trading Specialist plays a critical role in driving the growth and effectiveness of MarketAxess’s Open Trading marketplace. This individual will act at the intersection of trading, sales, and client engagement—building strong relationships with dealer and client desks while actively facilitating liquidity and trade execution across the platform.

In this role, you will proactively identify trading opportunities, help match supply and demand, and contribute to the overall efficiency and integrity of the Open Trading ecosystem. You will serve as a key point of contact for market participants, providing insight into trading activity, pricing dynamics, and market trends, while ensuring a high-quality experience for both dealers and clients.

Success in this position requires a strong understanding of fixed income markets, a commercial mindset, and the ability to operate in a fast-paced, collaborative environment. You will work closely with Sales, Client Services, and Product teams to support strategic initiatives, enhance platform adoption, and drive continued growth of Open Trading globally.

How You'll Help Take Us There

• Resolution of trade disputes in collaboration with Dealer and Client Sales, and the Customer Services teams.
• Build and strengthen relationships with dealer and client desks to support Open Trading activity.
• Partner with Sales to drive Open Trading growth in the U.S., including supporting strategic initiatives and new product development to expand the global business.
• Develop deeper relationships with sell-side traders, serving as a resource for pricing data and market insights.
• Report Open Trading performance, trends, and insights to management on a regular basis

Partner with Product and Technology teams to provide feedback on emerging AI-enabled trading, workflow, and analytics capabilities that support the evolution of the Open Trading marketplace.

The candidate will be measured on:

• Contribution to overall team workload and effectiveness.
• Growth in Open Trading participation across the region.
• Ability to mitigate trading risk and uphold MarketAxess’s reputation as a high-quality counterparty.

What We’re Looking for

• 5+ years of strong product knowledge in fixed income markets.
• Experience in a front office role at a broker/dealer and/or within the interdealer corporate credit trading environment.
• Strong verbal and written communication skills with the ability to build effective relationships.
• Demonstrates a high level of accountability, focus, and attention to detail.
• Service-oriented with a strong results-driven mindset.
• Ability to perform effectively under pressure.
• Comfortable working in an entrepreneurial, fast-paced environment.

Demonstrated AI fluency, including the ability to effectively leverage generative AI and intelligent workflow tools to research, analyze information, improve productivity, and enhance decision-making.

• Series 7 & 63 required

What You Can Expect from Us

• Hybrid Environment: Our employees enjoy a mix of working in the office and from home
• Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks.
• Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days
• Generous Parental Leave: Up to 20 weeks fully paid leave
• 401(k): Dollar-for-dollar employer match up to $17,500
• Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount
• Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more
• Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location
• Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
• Core benefits: Highly competitive medical, dental, and vision programs

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $135,000 USD to $185,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines.