Trade Coverage

TP ICAP Group; New York (NY); On-site; USD 180,000 - 220,000; Full time

Job summary

TP ICAP Group, operating Liquidnet ATS, seeks a professional to manage senior trading desk relationships and provide primary coverage for institutional clients in New York. This role demands deep knowledge of US equity markets, ATS workflows, and the ability to drive intraday match opportunities and wallet share growth.

The ideal candidate will possess a BS/BA and Series 7/63/57 credentials, with the capacity to coordinate across regionally and globally.

Qualifications

• BS/BA preferred.
• Comprehensive knowledge of US equity markets and trading techniques.
• Series 7, 63, and 57 required (not always prior to employment).

Responsibilities

• Provide primary account coverage for Liquidnet ATS Members including institutional and hedge funds.
• Manage senior level relationships with trading desks.
• Drive intraday coverage cadence and ensure traders are present before market open.
• Respond to match opportunities and address client inquiries promptly.
• Collaborate with teams to maximize wallet share and drive regional/global platform adoption.

Skills

US equity market

Relationship management

Trading concepts

ATS knowledge

Market data analysis

Education

BS/BA preferred

Tools

Liquidnet Platform

Job description

## Trade CoverageApplylocations: New Yorktime type: Full timeposted on: Posted 3 Days Agojob requisition id: R5698**Group Overview:**The TP ICAP Group is a world leading provider of market infrastructure.Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.Through our people and technology, we connect clients to superior liquidity and data solutions.The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.**Liquidnet**Liquidnet is a leading technology-driven, agency execution specialist that intelligently connects the world’s investors to the world’s investments. Since our founding in 1999, our network has grown to include more than 1,000 institutional investors that collectively manage $33 trillion in equity and fixed income assets. Our network spans 46 markets across six continents. We built Liquidnet to make global capital markets more efficient and continue to do so by adding additional participants, enabling trusted access to trading and investment opportunities, and delivering the actionable intelligence and insight that our customers need.**Role Responsibilities:*** Provide primary account coverage for Liquidnet ATS Members including institutional, hedge, quant, multi-strategy and index funds.* Manage senior level relationships primarily focused on but not limited to trading desks.* Drive the cadence and rhythm for the intraday ATS coverage of each Member based on their preference and style.* Drive system logins and ensure traders are present before the open.* Respond to and proactively address match opportunities throughout the day.* Proactively identify and leverage intraday opportunities to sell, reinforce and retrain on our products and services.* Proactively suggest intraday workflows on specific indications/broken matches.* Advise on a suitable trading strategy on broken matches/residuals using market data and ARM.* Influence and guide Member behavior to enforce usage of the system that is within Liquidnet protocols.* Respond to and address intraday client inquiries - answering question or escalating to appropriate parties.* Effectively communicate with Production Support and Trade Support on the proper management and resolution of any trade situations.* Prospect and convert new clients to Liquidnet platform* Collaborate with team members to formulate wallet share maximization strategy.* Develop and drive account plans in alignment with business OKR’s and KPI’s leading periodic reviews to monitor performance.* Partner with team members to develop and execute coverage back up plan.* Contribute to driving, marketing and selling our platform regionally and globally.* Commit to ongoing continuing learning.* Partner with FI, ETD and IA to deliver the entire firm.**Experience / Competencies:**Essential* BS, BA preferred.* Multi-task oriented, high capacity qualitative and quantitative thinker with exceptional knowledge of US equity market function.* Comprehensive knowledge of buy-side and sell-side trading techniques and order flow. In-depth understanding of markets, venues (dark and lit), ems/oms, SOR’s wheels, service bureaus, ATS, exchanges and the technologies that drive and differentiate them.* Comprehensive knowledge of the ATS block trading landscape, competitor capabilities and the LN competitive advantage.* Expertise in LN ATS language and metrics that support the client experience and drive block liquidity/execution to the platform.Desired* Knowledge of market microstructure and current regulatory landscape with an ability to anticipate changes that may affect business in the region in which we operate.* Demonstrated capacity for collaborating with business segment leaders, product development teams, marketing, technology, compliance, and operations across region.* Professional writing and presentation skills.* Travel as needed.* Series 7, 63, and 57 required. Not a necessity prior to employment.Manager 6Up to $200K**Not The Perfect Fit?**Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.**Company Statement**We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.**Location**USA - 200 Vesey Street - New York, NY