Job Title Market Operation Analyst
Market Operations Analyst
Exchange trading operations specialist required to support new 24/5 Trading Venue.
Accelerate your career
Multilateral trading facilities (MTFs) provide retail investors and investment firms with an alternative to traditional exchanges. Before their introduction, investors had to rely on national securities exchanges like Euronext or the London Stock Exchange (LSE). Faster transaction speeds, lower costs and trading incentives have helped MTFs become increasingly popular in Europe. MTFs operate under the European Union’s (EU’s) MiFID II regulatory environment – a revised legislative framework to protect investors and instil confidence in the financial industry. This role will require the successful candidate to work from 3am IST to 12pm (noon) Monday to Friday and rotationally on public holidays. You will be joining a quickly expanding team supporting and overseeing all of the trading venues daily operations, from the front line trading member support , trading activity monitoring and analysis and on-boarding of new members and testing, development and on-boaring of new tradable products.
Who we are
Founded in 1974, we invented the concept of fi nancial spread betting. Today, we’re the world’s No.1 spread betting and CFD provider, with offi ces in 14 countries and over 195,000 clients worldwide. Recognised as one of Britain’s top employers, it’s no surprise that this success has come from empowering our people to be brave, innovative and inspiring. Join us, and you’ll fi nd the perfect place to showcase your talents and passion. Your achievements will be recognised, and you’ll have the support of a collaborative global team.
Where you’ll work
As part of a connected global team, you’ll come to work in a friendly and dynamic environment. Our comfortable, cutting-edge offi ces contain everything you need to succeed: • Agile workspaces and hot desks • Private quiet rooms • Breakout and refreshment areas
position will be based in Bangalore office of IG Group and you will be working directly with the spectrum MTF business based in Frankfurt. The position will also require you to be in contact with the technical development teams in the company London headquarters and dealing team of IG Melbourne office.
How you’ll progress
Your development is as important to us as it is to you. You’ll be rewarded for hard work here, with support to get better at what you do. We work in a fast-paced project environment where change is constant. If you’re up for the challenge, you’ll have opportunities to try new things and broaden your skills quickly through exposure to the executive team and new experiences.
Spectrum MTF is a new and quickly expanding business within IG group. This will allow the successful candidate to gain a wide range of experience from an understanding of order book trading mechanics, how different products are bought to the market and made available to trade, how different is MTF participants trade those products, and exposure to the different products available for trading
What you’ll get
As well as having the chance to attend regular social events, get funding for your charitable endeavours and join a range of special interest groups, you’ll receive an attractive selection of benefi ts working with IG: • Flexible working hours and work-from–home opportunities • Performance-related bonuses • Pension, insurance and medical plans • Career-focused technical and leadership training • Contribution to gym memberships and more • Birthday off • Two volunteering days leave per year
What you’ll do
Oversee the opening of the 24/5 market to trading every week. Daily Surveillance of all orders and quote entry and trading activity on MTF using the market abuse monitoring tool. Primary contact to the members of the MTF regarding trading related questions, order and trade execution query analysis, and assistance for members. Trading data analysis and system testing.
Who you’ll be
As a Market Operations Analyst within the Market Operations team you will provide world class support to our clients. The goals of the team are to ensure that issues adversely affecting the MTF are quickly diagnosed and resolved. You’ll need experience in: 2 -3 years’ experience in financial Services from either Trading Exchanges, Investment Banks or Brokers Experience with financial systems like Bloomberg, Reuters etc Knowledge of testing of financial platforms will be an added advantage Basic understanding of databases, knowledge of SQL & Access Proven operational troubleshooting skills and interpersonal, verbal, and written
We’re looking for tenacious, curious, eager and open-minded people to help us maintain our industry leadership. People who embody our three core values – who want to champion the client, lead the way and love what we do. We recruit based on excellence, and believe that diversity is vital to success. We have zero tolerance for bullying, harassment or any other behaviour that stifl es innovation and collaboration
From the team:
IG is an friendly place to work,its staff are hard working and extremely agile when it comes to changes in technology and resolving issues, yet everyone is approachable and helpful.
Number of openings 1