Sales and Trading

Sales and Trading

Selby Jennings: A Specialist Talent Partner in Sales & Trading Recruitment

Selby Jennings is a leading Sales and Trading recruitment talent partner for financial sciences & services. Our global Sales and Trading team provides permanent, contract, and multi-hire recruitment solutions from our offices across three continents.

For nearly 20 years, clients and candidates have had peace of mind that their specialist Sales and Trading hiring process is in safe hands. With employment of securities, commodities, and financial service sales agents set to increase in the next ten years, competition and talent investment is expected to challenge businesses.

From streamlining processes and upskilling workforces, to staying cutting edge by employing flexible work models, our Sales and Trading recruiters advise enterprise leaders on when to strike and how. We also provide expert insight to Sales and Trading professionals on benchmarking salaries and benefits packages and assist them through their career moves.

Whether youโ€™re interested in securing the very best Sales and Trading talent or youโ€™re a Sales and Trading professional looking for a new role within this industry, the Selby Jenningsโ€™ Sales and Trading team connect exceptional talent to industry-leading clients.

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Benefits of working with Selby Jenningsโ€™ global Sales & Trading team

We are a specialist Sales and Trading talent partner. Among the many benefits of working with Selby Jenningsโ€™ global Sales and Trading team are:

Experience

Experience

We have nearly 20 years of experience as a leading Sales & Trading recruiter.

Network

โ€‹Network

A vast, global network of the best, in-demand professionals, working with the worldโ€™s largest financial institutions to innovative fintech start-ups and beyond.โ€‹

Knowledge

โ€‹Knowledge

Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news to help you achieve your goals.

At Selby Jennings, we are committed to nurturing long-standing partnerships, anchored in trust, integrity, and reciprocal growth. Our Sales and Trading headhunters offer tailored solutions designed to accommodate your unique needs, providing flexible hiring methodologies that complement your business goals. Whether your focus is on immediate fulfillment of critical Sales & Trading positions or devising strategic talent acquisition plans, our expertise and resources stand poised to deliver. Begin your journey by submitting your vacancy to us today.

Start the process of addressing your talent needs in Sales & Trading by completing our form today. Our professional team anticipates the opportunity to discuss how we can support your organization in meeting its Sales & Trading recruitment requirements effectively and proficiently.

Sales and Trading Jobs

In the ever-fluctuating world of finance, Sales and Trading professionals are pivotal. As markets become increasingly dynamic, individuals with these skills are in high demand. Aligning with Selby Jennings, an expert in Sales and Trading, could boost your career trajectory. Check our current Sales and Trading roles or submit your CV/resume, and we'll get in touch when an appropriate opportunity surfaces.

Quantitative Futures Trader

We are seeking a Quantitative Futures Trader with at least 1 year of experience to join a dynamic team. In this role, you will develop and execute data-driven trading strategies in futures markets while collaborating closely with traders, researchers, and developers. Key Responsibilities: Develop and refine quantitative trading strategies in futures markets. Monitor and manage trades in real-time, ensuring adherence to risk guidelines. Work collaboratively with a multidisciplinary team of traders, researchers, and developers to enhance strategy performance and execution. Analyze historical and live market data to identify profitable opportunities and improve existing models. Qualifications: 1+ years of experience at a proprietary trading firm, hedge fund, or similar environment. Proficiency in Python or C++ for quantitative research and strategy development. Hands-on experience working on a trading desk with exposure to other traders, researchers, and developers. Strong analytical and problem-solving skills with an understanding of market microstructure and risk management. What We Offer: A collaborative and innovative environment. Competitive compensation tied to performance. Opportunities for growth and skill development. Opportunity to work with industry veterans from top firms and academic minds.

US$100000 - US$200000 per annum + Bonus
Chicago
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Equity Origination structurer

**Equity Origination Structurer - Lead the Charge in Equity Derivatives** Step into the heart of London's financial sector and elevate your career as an **Equity Origination Structurer**. This permanent position offers a strategic professional with over 8 years of experience, an unparalleled opportunity to join a dynamic team at the forefront of equity derivatives structuring. In this pivotal role, you will: - Drive innovative solutions within **Equity Derivatives Structuring**, crafting bespoke strategies that address client needs. - Take charge as part of our origination efforts across EMEA markets, showcasing your deep understanding and ability to navigate diverse financial landscapes. - Spearhead Quantitative Investment Strategies (QIS), leveraging quantitative acumen to develop cutting-edge investment products. Key skills required include: - *Solutions structuring*: Devise complex financing structures tailored for sophisticated investors; adeptness in creating customised solutions is paramount. - *Structuring expertise*: Your intricate knowledge and hands-on experience are crucial for developing structured products linked to equities or equity indices. This prestigious role calls not only for exceptional technical prowess but also visionary leadership capabilities-qualities befitting someone ready to take on such a significant mantle. Are you prepared? We invite those who meet these rigorous standards-the trailblazers excelling beyond expectations-to apply today!

Negotiable
London
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VP, Multi Asset Dealer

Job Description: Night Shift Dealer Location: Hong Kong Title: VP / Team Lead Overview Our client which is a top tier regional firm is seeking an experienced and dynamic Night Shift Dealer to lead their retail equity trading operations in Hong Kong. This leadership role will focus on managing the night shift team, ensuring efficient trading activities, and delivering exceptional service to our retail clients. The ideal candidate will possess strong trading expertise and a deep understanding of equity markets. Key Responsibilities Leadership: Lead and manage the night shift trading team, providing guidance, mentorship, and support to ensure high performance and professional development. Trading Management: Oversee all retail equity trading activities during the night shift, ensuring compliance with internal policies and regulatory requirements. Market Analysis: Conduct thorough market analysis to identify trading opportunities and inform strategic decision-making. Client Engagement: Build and maintain relationships with retail clients, addressing their needs and providing timely updates on market conditions and trading strategies. Risk Management: Implement and monitor risk management practices to mitigate potential trading risks and ensure adherence to risk limits. Performance Reporting: Prepare and present regular performance reports to senior management, highlighting key trading metrics and team achievements. Collaboration: Work closely with other departments, including research, compliance, and operations, to ensure seamless trading processes and exceptional client service. Process Improvement: Identify and implement process improvements to enhance trading efficiency and client satisfaction. Qualifications Education: Bachelor's degree in finance, Economics, or a related field Experience in equity trading, with a focus on retail markets Market Knowledge: Strong understanding of equity markets, trading strategies, and market dynamics, particularly in the US, Hong Kong and Asian contexts. Analytical Skills: Excellent analytical and quantitative skills, with the ability to make informed decisions under pressure. Technical Proficiency in trading platforms, financial modelling, and analysis tools

Negotiable
Hong Kong
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Application Support Developer

This global leader in high-frequency and algorithmic trading has a strong international presence with offices in key financial hubs, including London, Singapore, and Hong Kong. Employing over 1,000 professionals across diverse fields, the company is renowned for its advanced trading infrastructure, innovative strategies, and collaborative work environment. Responsibilities Take ownership of the current production codebase (Python, Bash), maintaining and improving it. Monitor and fix any issues related to the code before trading opens. Create new tools to ease the production traders' workflows. Fix bugs identified in production within the C++ application codebase. Requirements Bachelor's degree in Computer Science, Engineering, or a related field (or equivalent practical experience). A Master's degree is preferred. Strong knowledge of Python, including submodules such as multiprocessing and requests. Minimum of 3 years of Python development experience, ideally in a production environment. Ability to debug and resolve issues quickly. Nice to Have Experience with C++ development. Experience with scripting languages like Bash. Familiarity with workflow management and task scheduling. Knowledge of Equities and Equity Derivatives trading. Benefits This role is based in the heart of London's financial district, offering convenient public transport links. While the team works hard, the company emphasizes a positive work-life balance, reflected in a relaxed office culture and well-stocked kitchens. Benefits include: Competitive salary and discretionary bonuses. 5 weeks of paid holiday per year, plus bank and public holidays. Free daily breakfast, lunch, and snacks. Comprehensive benefits, including pension, medical, dental, group life, and income protection schemes. Wellness expense reimbursement. Free events, workshops, and a donation matching program. The company is an equal opportunity employer and values diversity in its workplace.

Negotiable
England
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Investment Analyst

Are you ready to shape the future of investment in the fast-evolving world of AI and deep technology? We are seeking a talented and driven Analyst to join our pioneering hedge fund, focused exclusively on AI, deep tech, semiconductors, and hardware. Why This Opportunity? Pioneering Focus: As a single-manager hedge fund dedicated to emerging technologies, we are strategically positioned for substantial growth. Your role will be integral in identifying and leveraging investment opportunities in these high-potential sectors. Experienced Leadership: Our founder brings nearly two decades of investment management experience, having successfully managed a multi-billion-dollar fund. You will be part of a carefully curated team that is set for expansion, ensuring a robust foundation for future growth. Strategic Growth Plans: Currently managing $300 million AUM, we aim to scale to $2-3 billion in the coming years. Our operational model emphasizes deep fundamental analysis and long-term investment strategies. Exceptional Compensation Potential: Enjoy a competitive base salary with the opportunity for a substantial performance-based bonus in your first year. Exceptional performance could lead to total compensation reaching $1 million to $2 million by your second year. Collaborative Environment: Join a close-knit team of 7-8 professionals, where you will gain invaluable experience and mentorship from seasoned experts in the industry. Who We're Looking For: Educational Background: Recent graduates with a STEM or hard science degree from a top university. Experience: 1-2 years of experience in banking, private equity, or a related field is preferred. Personal Attributes: High achievers who are eager to learn and thrive in a fast-paced, dynamic environment. This is a unique opportunity to be part of a groundbreaking firm at the forefront of investment in cutting-edge technologies. If you are ready to make an impact and grow alongside a visionary leader, we want to hear from you.

Up to US$180000 per annum
Menlo Park
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Secured Financing Structurer

**Secured Financing Structurer - London** Are you a dynamic and ambitious professional with experience in Secured Finance Structuring? We are seeking an experienced individual to join a prestigious financial institution based in the heart of London. This is your chance to play a pivotal role within our client's organization, where innovative thinking meets top-tier structuring capabilities. In this permanent position as **Secured Financing Structurer**, you will be instrumental in shaping complex structured finance products such as CLOs (Collateralized Loan Obligations), ABS (Asset-Backed Securities), and other securitized products. You'll have the opportunity to collaborate with seasoned experts and contribute significantly towards strategic financing solutions that cater to diverse clientele needs. Responsibilities: - Designing, developing, and executing structured finance transactions - Conducting comprehensive market analysis for product development - Maintaining robust risk management practices throughout deal structures Skills Required: * **Experience**: 2 - 8 years' hands-on involvement within secured finance structuring. * **Knowledge of Credit Products**: Deep understanding of various credit instruments essential for crafting bespoke financing strategies. * **Structuring Expertise**: Proven ability at constructing intricate financings including but not limited too CLO's & ABS', showcasing sophisticated problem-solving abilities. * *Seuritisation Know-how*: A solid grasp on securitization processes which underpin sound transaction executions. If you're ready for an exciting challenge at the forefront of financial innovation-where each day brings new opportunities-and possess expertise aligning closely with these requirements; we look forward welcoming your application! Please note: Only candidates legally authorized work United Kingdom may apply this position due regulatory constraints associated employment securities industry sector here UK.

Negotiable
City of London
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Crypto Analyst

Company Overview: A leader fund in alternative investment funds, is seeking a dynamic Analyst for our Diversified Alpha Fund. Our team, comprised of seasoned finance professionals, plays a pivotal role in the firm's success. Role Description: As an Analyst for the Diversified Alpha Fund, you will be integral to the management of a diverse, multi-strategy, multi-manager fund. This fund focuses on generating consistent returns through various market environments by investing in external pod managers (Pods) who specialize in global digital asset markets. Strategies include Arbitrage, Market Making, Relative Value, and Statistical Arbitrage. Key Responsibilities: - Work closely with the Fund Manager in all aspects of fund operation. - Manage daily operational requests from Pod managers. - Engage in extensive data analysis, including examining Pod trading styles, profit and loss, and quantitative portfolio construction. - Assist in the screening, selection and evaluation of new and existing Pod managers. - Maintain and develop relationships with existing Pods, brokers, and futures exchanges. Work Environment: This role offers a dynamic and fast-paced work setting in the hedge fund sector. It requires flexibility and adaptability, as described by our Fund Manager: "This is an exhilarating and challenging position, with a steep learning curve and offers exposure to many innovative investment managers." The position is based in St James's, London, with a hybrid working model, requiring at least four office days per week. Due to regulatory requirements, UK residency is mandatory. Qualifications: - A bachelor's degree in STEM, or Economics from a reputable institution (e.g., Russell Group or international equivalent). - Strong mathematical and statistical skills, including knowledge of correlation, volatility, VaR, statistical modelling (e.g., Monte Carlo simulations), and stress testing. - Intermediate proficiency in Python. - 1-2 years of relevant experience is preferred. - Independent, self-motivated problem solver with the ability to tackle unstructured problems. - Basic understanding of market-neutral trading strategies and trade execution (training provided if needed). - Experience in managing large databases and datasets is advantageous. Benefits: - Performance-based year-end bonus and incentives. - 25 days annual leave plus UK bank holidays. - Benefits including private healthcare, pension plans, daily company-provided meals, and social events. - Annual well-being program and training & development budget.

US$100000 - US$125000 per year + Performance Based Bonus
City of London
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Nordic Equity Derivative Sales

**Nordic Equity Derivative Sales Opportunity in Paris** Are you ready to take your career in finance to the next level? A prestigious and dynamic firm is looking for an experienced Nordic Equity Derivative Sales professional to join their team. Based in the heart of Paris, France, this permanent position offers a unique opportunity for individuals with a proven track record of institutional coverage within the Nordics region. This role requires: - In-depth knowledge and experience (5+ years) with equity derivatives. - Strong expertise specifically relating to Quantitative Investment Strategies (QIS). - The ability not only meet but exceed sales targets through effective client management and innovative investment solutions. Skills must include: * **Institutional Coverage:** Demonstrated success managing relationships with large financial institutions particularly within Nordic markets; understanding clients' needs deeply and providing tailored service accordingly. * **Equity Derivatives Knowledge:** Extensive experience dealing with various types of equity derivative products including futures, options, swaps etc., which will be central to fulfilling job responsibilities effectively * **Sales Acumen**: Proven track-record achieving or surpassing sales goals by leveraging market insights as well as networking abilities Candidates are expected have at least 5 years' relevant industry experience alongside strong communication skills both written & verbal. Fluency in English plus one or more Scandinavian languages would also be advantageous due given regional focus on customers from these territories. Join us - where ambition meets innovation! Apply now if you're seeking an enriching new challenge surrounded by top-tier professionals within one Europe's most beautiful cities!

Negotiable
Paris
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Cross Asset QIS Structurer

Based in London, seeking an individual to join their team as a permanent Cross Asset Quantitative Investment Strategies (QIS) Structurer. This pivotal role focuses on research and development, predominantly within rates and FX domains, engaging both linear and non-linear strategies. Key Responsibilities: - Designing innovative quantitative investment structures across various asset classes. - Conduct extensive R&D with emphasis on rates and Foreign Exchange (FX). - Crafting strategic solutions for Fixed Income, Currencies & Commodities sectors. Relevant Skills Required: * **Quantitative Investment Strategy Expertise:** Proficiency in developing complex investment models that utilize mathematical frameworks for asset structuring purposes. * **Cross-disciplinary Knowledge**: An understanding of different financial assets including fixed income instruments like bonds or interest rate derivatives along with knowledge about foreign exchange markets will be crucial due to nature's cross-assets remit. * **Analytical Acumen**: Ability to analyze market trends meticulously to inform structure creation while also having hands-on experience working upon structured products. If you possess the vigor required by this challenging yet rewarding field coupled with relevant skills outlined above; we would love your application! Please submit your resume detailing how you can contribute uniquely towards our continued success story at one most prestigious organizations operating out from heart Metropolitan City - London! Your chance awaits - apply now!

Negotiable
London
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Equity Exotics Strategist

**Equity Exotics Strategist - Permanent Position in London** Are you a forward-thinking professional with a flair for exotic equity products? A prestigious firm based in the heart of London is seeking an Equity Exotics Strategist to enhance their dynamic team. This role offers an exceptional opportunity to leverage your expertise within the finance sector, focusing on solutions structuring and innovative research. In this critical position, you will be responsible for: - **Structuring**: Designing sophisticated financial structures tailored to meet client needs. - **Research and Development**: Spearheading analytical projects that drive strategy formulation. - **Analysis**: Providing deep insights through meticulous market analysis. We are looking specifically for individuals who possess robust skills including: *Solutions Structuring*: Crafting bespoke financial instruments aligned with specific investment strategies or risk management objectives-this requires creativity coupled with technical know-how. *Strategic Analysis*: The ability to dissect complex markets, evaluate risks and opportunities associated therewith-is essential when advising on or creating cutting-edge product offerings. The ideal candidate should exhibit proficiency related not only these core areas but also demonstrate broader competencies which align well our company's values commitment excellence innovation. If ready take next step career join us vibrant city where ambition meets success apply today!

Negotiable
City of London
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Hedge Fund Structurer

Opportunity for a Risk Recycling Hedge Fund Structurer in London Are you ready to take on the thrilling world of finance with a focus on hedge fund solutions structuring? We are seeking an astute and dynamic individual to join our esteemed financial institution situated at the heart of London. This is your chance to become an integral part of a team dedicated to innovation and excellence within equity markets, providing bespoke risk recycling services tailored specifically for Hedge Fund clients. Key Responsibilities: - Develop innovative structures designed for risk mitigation. - Forge strong relationships with Hedge Fund clientele, understanding their needs deeply. - Create cutting-edge Equity-linked investment products that align with client objectives. Required Skills Explained: **Solutions Structuring:** Crafting tailor-made financing options which cater precisely to specific requirements or constraints faced by hedge funds. **Equity Knowledge:** Deep awareness and comprehension about equity securities; essential when devising strategies linked closely with stock market movements or equities as underlying assets. This opportunity offers not just another job but rather a career path where creativity meets complexity head-on - perfect if you're driven by challenge and success in equal measure! Join us, make your mark within this vital sector! To apply now please send [contact details based on vacancy data]

Negotiable
City of London
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Cross Asset Structured Solutions - VP/D

Vice President, Cross Asset Structured Financing Sales - Repacks Specialist Location: London, UK Overview A leading investment bank seeks a Vice President in Cross Asset Structured Financing Sales, focusing on repackaging solutions for UK institutional clients. This role requires an experienced professional with deep knowledge of repacks to drive business and enhance client relationships across pension funds, insurance companies, and asset managers. Key Responsibilities Client Management: Cultivate and manage strong relationships with UK institutional clients, understanding their investment needs to deliver customized repack solutions. Structuring & Execution: Design and execute bespoke repackaging structures, ensuring regulatory compliance and market suitability. Market Development: Expand the bank's UK market presence by identifying new business opportunities and enhancing the structured financing portfolio. Cross-Asset Collaboration: Work closely with product teams in credit, rates, equities, and commodities to deliver integrated cross-asset solutions. Sales Strategy & Compliance: Meet sales targets while ensuring adherence to regulatory standards and internal risk policies. Qualifications Proven experience in cross-asset structured financing sales, specifically with repacks for UK institutions. Strong client relationship skills within the UK institutional sector. Analytical, collaborative, and target-driven with deep product knowledge. What We Offer An excellent opportunity with competitive compensation, career growth, and a dynamic team environment in one of the world's major financial centers. Qualified candidates, please submit a resume and cover letter for consideration.

Negotiable
United Arab Emirates
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Sales and Trading News & Insights

The Best Cities for Commodities Jobs Image
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The Best Cities for Commodities Jobs

Commodity traders, brokers, and investors buy and sell raw products, such as gas, metal, and agricultural products, based on the predicted or actual value of tangible goods. By conducting research, calculating risk, and analyzing financial markets, commodity traders can make a favorable decision on whether to buy or sell commodities based on current market needs.Like shares, commodities are bought and sold on exchanges. Brokers work across a variety of firms, including investment banks, hedge funds, and asset management. Commodity investor and trader positions are available in every city, but not every opportunity is equal.ย Wages, benefits, working hours, and job openings are likely to be different in every city for commodity traders. To help you decide on the best place to live and work as a commodity investor we have identified which cities have the most amount of job vacancies.Offering insights to commodity traders, investors, and brokers considering relocation opportunities, and hiring managers looking to attract top industry talent, here are some of the best cities to work as a commodity trader.Cities with the Most Amount of Vacanciesย Whether you are looking for career opportunities or you are a business in need of top talent, itโ€™s beneficial to know the cities with prominent national commodity markets and investment in banking infrastructure.ย ย The following cities have the greatest number of vacancies and opportunities for commodity brokers. New YorkFollowing the COVID-19 pandemic, New York overtook London as the city with the most amount of vacancies. New York is the financial hub of the world, as a key player in global financial markets due to two of the largest stock exchanges in the world: the New York Stock Exchange and the Nasdaq.It is considered to be one of the best cities for a career in finance and the trading of commoditiesWith the highest 10% of commodity traders earning an average annual salary of $193,000, the outlook for commodities in New York suggests strong market growth likely to attract new entrants.ย DubaiHome to the largest and most diversified exchange in the Middle East, Dubai is an established commodity trading hub and a magnet for international commodity trader talent. Equipped with forward-thinking strategies and advanced infrastructure, Dubai is quickly growing in significance in futures trading.ย In 2023, Dubaiโ€™s economy recorded 3.3% growth in the first nine months, showcasing the cityโ€™s drive, resilience, and innovation. With an economic plan to boost trade and investments in 2024, Dubai boasts a favorable business climate attractive to traders worldwide.ย Hong KongThe commodities market in Hong Kong plays to the investors' advantage as demand for commodity risk management increases to protect against hedge price swings from China. Agriculture, mining, oil, gas, and chemical supply chains are evolving, presenting an excellent opportunity for candidates with commodities trading experience.With developing international trade and changing market demands, experienced commodity traders looking to relocate to Hong Kong have the potential to earn an average annual salary of HK$360,000 and benefit from thriving business environments.ย HoustonHouston presents a variety of commodities job opportunities for commodity traders due to an amplified energy transition and an enhanced focus on renewable energy sources. Talent with experience in renewable power and environmental commodity transactions in Houston are sure to benefit from the industry's exponential growth. Independent commodities trading houses as well as big commodity trading firms maintain a significant presence in this city and present many future trading jobs for candidates.ย BostonAn attractive city for those who are seeking commodities jobs, Boston is a leading location with financial and commodities job availability. With trading firms dominating the financial landscape, this city is sure to catch the eye of traders, investors, and brokers.ย Domeyard LP, Akuna Capital, and Piper Jaffray are among the assortment of firms thatfavor business in this financial services hub, presenting ample commodity trading opportunities to the local area.โ€‹โ€‹Why Choose Us?At Selby Jennings, we provide organizations with access to industry-leading talent and are experts in identifying the right candidates for niche positions.ย We are a lead specialist talent acquisition partner with the latest recruitment news, trends, and knowledge to elevate your hiring process or job search.ย Advertise your banking and financial services open job vacancies via our website to access innovative talent and connect with exciting traders and investment professionals.ย Get in Touch NowFor more information about how we can help you secure top commodity traders, get in touch today.ย For more information or to find your next commodities job position, take a look at our current roles. Alternatively, you can upload your resume. Once received, one of our consultants will be in touch as soon as a role that matches your skill set becomes available.

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The Future of FX Trading Jobs: Changes, Benefits, and Opportunities Image
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The Future of FX Trading Jobs: Changes, Benefits, and Opportunities

Foreign exchange (FX) trading has always been a critical component of the global financial market, with currencies being exchanged daily for various purposes such as international trade, investments, and travel. As the global economy evolves, so does the landscape of FX trading jobs. In this blog, we will explore the future of FX trading jobs, how they are changing, and the benefits of these changes. 1. The Rise of Technology and AutomationThe future of FX jobs will be significantly influenced by the rise of technology and automation, leading to a transformation in the skills required and the nature of the roles within the industry. As algorithmic trading and artificial intelligence (AI) become more prevalent, traditional tasks performed by human traders may be automated, resulting in a decrease in demand for some conventional FX roles. However, this shift will also give rise to new opportunities in areas such as data analytics, AI development, and machine learning, where professionals can focus on creating, implementing, and maintaining these advanced technologies.In response to these changes, FX professionals will need to evolve their skill sets to stay relevant in the job market. This includes acquiring a strong understanding of technology, data analysis, and programming languages, as well as staying up-to-date on the latest industry trends and innovations. As a result, the future of FX jobs will place a greater emphasis on adaptability, continuous learning, and the ability to work alongside automated systems.2. Global Market DynamicsThe future of FX jobs will be greatly impacted by global market dynamics, as international economic events and trends have a direct influence on the foreign exchange market. The ongoing developments in the global economy will require FX professionals to possess specialized knowledge and expertise in specific regions and currencies, creating opportunities for those with a deep understanding of global market forces.For example, the ongoing US-China trade tensions and the resulting fluctuations in currency values have increased the need for FX professionals who can navigate these complex situations and develop effective trading strategies. Similarly, the global shift towards adopting digital currencies, such as cryptocurrencies and central bank digital currencies (CBDCs), opens up new avenues for FX professionals who can understand and capitalize on these innovative financial instruments.Additionally, FX professionals will need to stay informed about geopolitical events, such as Brexit, which have far-reaching implications on currency markets.3. Regulatory EnvironmentThe regulatory environments governing the FX industry play a crucial role in shaping the future of FX jobs. As regulatory requirements evolve to address market abuses, mitigate risks, and enhance transparency, the FX trading landscape undergoes continuous change.For example, the introduction of the MiFID II (Markets in Financial Instruments Directive II) regulations in the European Union significantly impacted the FX market. These regulations aimed to improve transparency and investor protection, leading to increased demand for compliance professionals and risk management specialists within the FX trading space. FX firms now need to ensure they adhere to these new requirements, such as trade reporting, best execution, and data management.As regulatory environments continue to evolve, FX professionals must stay informed about the latest developments and adapt accordingly. This includes acquiring knowledge of regulatory frameworks, understanding the impact of these regulations on their roles, and ensuring compliance with the best practices in the industry. By being proactive and adaptive, FX professionals can maintain their relevance in the job market and contribute to a more transparent and resilient FX market.โ€‹Benefits of Changes in the FX Trading Job LandscapeAdaptability: The evolving landscape encourages professionals to be adaptable and agile, fostering continuous learning and career growth.Broader skill set: The need for diverse skills, such as technology and data analysis, allows FX professionals to expand their expertise and become more versatile in their careers.Competitive advantage: Professionals who embrace these changes gain a competitive edge in the job market, opening doors to new opportunities.Industry innovation: Technological advancements and new market insights contribute to the overall growth and efficiency of the FX trading industry.To also check out our discipline page, view here.The future of FX trading jobs will be shaped by factors such as technology, global market dynamics, and regulations. To stay ahead in this evolving landscape, professionals must adapt to these changes, develop new skills, and remain informed about industry developments. At Selby Jennings, we are committed to helping both clients and candidates navigate these changes and seize opportunities in the FX trading job market.If you are an employer looking to hire top talent in the FX trading space, our team of experienced consultants can provide tailored solutions and support to ensure that you find the right candidates for your organization. Don't hesitate to request a callback to discuss your specific needs and learn how we can help you stay ahead in the dynamic FX trading landscape.For professionals seeking new opportunities in FX trading, we encourage you to browse our available jobs and stay up-to-date on the latest trends and opportunities in the market. Our expert consultants are committed to helping you find the perfect role that aligns with your skills and career goals in this ever-changing environment.

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Adapting Hiring Strategies to the Changing Commodities Landscape Image
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Adapting Hiring Strategies to the Changing Commodities Landscape

โ€‹Global net-zero targets have altered the commodities landscape, which now sees the industry playing a defining role in supplying essential materials, from copper to rare earth, that work towards a carbon neutral future. Whatโ€™s more, commodities remain the best-performing asset class of 2022 and enjoyed healthy activity in Q1, rising to nearly 30% as calculated by the S&P GSCI Index.The outlook ahead for commodities suggests strong growth, but to be able to capitalize on opportunities, commodities firms need the right people in place. Here we take an introspective look at the latest talent trends that you should be aware of to get ahead in this fast-moving industry. Counter offersย in commoditiesIn todayโ€™s competitive landscape, with the brightest minds in commodities in ever-increasing demand, firms are opening their wallets to not only secure professionals but also as a retention tool. Since the beginning of this year, organizations have found themselves in a candidate-driven market, which has simultaneously resulted in compensation swelling to facilitate this demand. While itโ€™s not all about capital, itโ€™s important to note that professionals are bargaining hard for the top offer. Weโ€™ve observed many professionals increase their salaries by seeking greener pastures, and even passive talent are making moves to follow the money. Commodities firms are rapidly trying to fill seats post-pandemic and are therefore heavily compensating mission-critical professionals to facilitate their expanding growth plans. Counter offers also pose a threat to any firm looking to develop a dynamic pipeline of talent. Selby Jennings has seen business leaders offer top-tier employees large salaries to alleviate the chance of them receiving a counter offer, or any retention issues in the future. According to the latest research, most professionals leave their current employer within 12 months of accepting a counter offer, meaning it is important for firms to retain their staff before it gets to the point of needing one, and for professionals to realize what the cost of accepting one really is on their career. โ€‹Flexible working modelsHowever, while lucrative compensation packages are a big attraction, they are not all encompassing. Heavily driving career decisions is flexible, hybrid, and remote working, with many commodities specialists actively looking for prospective roles that offer fully remote capabilities. The ability to tap into a wider and higher-paying job market that isnโ€™t constrained to one particular location is a compelling factor right now, and even if a role is commutable, professionals are still interested in some degree of flexibility that the hybrid model affords. Itโ€™s clear that the flexible working paradigm is of critical importance to todayโ€™s workforce, yet some individuals are opting for the office to enrich collaboration and communication, and some feel an office environment services them better in building their personal profile. โ€‹Commodities hotspotsย Although rising inflationary pressures and supply chain challenges have impacted commodities verticals, the landscape is buoyant. Since the 1990s, Houston has established itself as the major energy trading arm in the USA. New York closely follows behind as the second energy trading hub, with energy asset operators evolving in the area and enlarging their portfolios. The renewable energy space has surged in importance, with California dubbed to be the key district that is garnering attention from investors and highly skilled talent alike. Houston and New York have also amplified their renewable energy presence, with a large commercial building in Manhattan โ€“ One Manhattan West โ€“ transitioning to 100% renewable fuels. Despite the scarcity of talent in renewable energy, the year ahead for this industry promises exponential growth and acceleration, and the specialist team at Selby Jennings are excited to see the future developments in this space. โ€‹Interested in learning more about current trends in commodities? Whether youโ€™re a professional seeking opportunities or a business in need of the right talent, have a confidential discussion with our commodities talent experts today: request a call back or submit a vacancy and one of our team will be in touch, or browse our latest commodities vacancies here.

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Selby Jennings Partners with The Trading Show Chicago Image
sales-and-trading

Selby Jennings Partners with The Trading Show Chicago

Selby Jennings is partnering with The Trading Show Chicago for its 2021 exhibition. Held annually in Chicago, IL, this event brings together leaders from areas spanning across trading firms, algo trading, HPC, data, AI, and digital assets, where the industryโ€™s leading firms showcase innovation and conduct business with premier institutional trading firms.The event, taking place October 5th-6th, marks the first in-person gathering for the organization since the beginning of the pandemic. Ben Hodzic, Selby Jennings Executive Director, believes that this presents a unique opportunity to attendees. "This year has brought challenges to recruiting that many of our clients have never experienced before. Our birds-eye view of the hiring landscape and need for exceptional talent has been an incredible resource to our clients as they navigate hiring in a candidate-driven market," said Hodzic. " We are very excited to take part in the Trading Show Chicago and meet with some of the industry's brightest minds to discuss unique approaches to recruiting that are required in a market like the one we are in today if you are going to secure the best and brightest talent out there."Jeff Koehler, Selby Jennings Director, will be leading a round table discussion at the event. Titled "Recruiting Strategies โ€“ How to Secure the Best Talent in a Competitive Market," the round table will be held on October 6th at 2:00 pm. Find the full agenda here.Want to book time with our team at the conference? Let us know your availability by filling out the form below.

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Selby Jennings Partnership with The Trading Show Americas 2020 Image
sales-and-trading

Selby Jennings Partnership with The Trading Show Americas 2020

Selby Jennings has partnered with The Trading Show Americas 2020, which took place virtually, September 15th โ€“ 17th. This virtual conference brought together senior-level quants, traders and technologistsย to discuss and address the most critical developments impacting quant desks, crypto funds, and high-performance trading operations in 2020 and beyond.The virtual format of this yearโ€™s event, combining The Trading Show Chicago and The Trading Show New York, was a unique and exciting opportunity to bring together industry-leading professionals and an expansive group of attendees from across North America.Highlighting the value we brought to the virtual event, Selby Jennings Executive Director, Ben Hodzic, commented, โ€œOur birdโ€™s-eye view of the recruiting landscape brought a unique look in to the challenges and success stories of recruiting through a pandemic. The need for talented Traders, Quants, Technologists, and Risk Managers, who are equally as productive from home as they are in the office, is apparent now more than ever and weโ€™re excited to bring this perspective to the conference this year.โ€During the conference, Selby Jennings Director, Jeff Koehler, joined an esteemed panel of specialists to discuss โ€œHR Solutions โ€“ Competing with Big Tech for Quality Talentโ€. Jeff joined Hannah Van Campen, Manager of HR And Culture at Tower Research Capital, and Caroline Randazzo, Director of Recruitment & HR at 3Red Partners to discuss strategies for retention planning, modernization, and employee engagement. "Whether at the entry or experienced-level, big tech has been a major competitor for talent to the trading industry in recent years," shared Jeff Koehler. "It creates a challenge for both internal and agency recruiters, so I am keen to share our experience when it comes to attracting talent, managing expectations, and locking down offers when a job seeker is balancing both options. The trading industry can have an edge in many of these instances, and it all boils down to finding the angle as it applies to oneโ€™s motivations and career goals."To check out what types of Quantitative Research & Trading vacancies we have available here at Selby Jennings, click here.For more information on the conference, or how Selby Jennings can help with your recruitment needs, contact us today.

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Hardware Acceleration in Trading: Introduction and Hiring Outlook Image
sales-and-trading

Hardware Acceleration in Trading: Introduction and Hiring Outlook

โ€‹Hardware acceleration in tradingFor some years, high-frequency trading (HFT) firms have invested in faster software and lower latency networks, but more recently their focus has turned to increasing network bandwidth and hardware processing speeds. Looking to increase revenue, traditional software is being replaced by hardware implementations of financial algorithms, bringing the algorithms much closer to the source of the exchange data. As a result, financial markets are becoming increasingly competitive and latency-sensitive.Hardware acceleration explainedHFT has transformed the stock market, and currently equates to around 50% of stock trading volume in the USA. However, it has been extremely controversial in the process. Using complex algorithms, this system of trading scans multiple markets for the smallest of opportunities and executes millions of orders at lightning speed. Traders might only make a small profit on each transaction, but by working fast and at high volume the returns can be considerable. Speed is of the essence for HFT firms: the options market trades around 40 million contracts every day. This is why Field Programmable Gate Array (FPGA) technology โ€“ a reprogrammable device that allows algorithms to be compiled into hardware running at near processor speeds โ€“ has piqued the interest of the trading markets. These silicon chips combine the best parts of custom designed ASICs and processor-based systems and accelerate functions otherwise performed by software.FPGA: impact on the industry As financial markets are pushed towards hyper-liquidity, trading strategies are being forced to evolve. Decision-making relies less on human intervention and more on algorithms fed by high-speed, automated digital data feeds. Using FPGA-based systems, trading firms are able to select the data they want to watch. These systems also help ensure trading strategies achieve the right balance of speed, low latency, precision execution, and cross-asset trading.Benefits of FPGAsFPGAs bring with them a number of benefits: They accelerate some processes by an order of a magnitude (or more)The latency of this hardware means an end to the โ€˜jitterโ€™ experienced with software and brings an edge to companies that utilize the technologyThey can be reprogrammed spontaneously (either completely or partly), avoiding the need to bring down an entire system simply to change a programFPGA processing is more deterministic, thus reducing functional risk and simplifying testing Risks to the industryEven though the benefits of FPGAs to traders are clear, uptake has been relatively slow. Firms looking to invest need to consider key factors, from regulatory changes to the rising costs of these solutions. Usage is often limited to recognized network applications, pack inspection, and digital feed handling. Once HFT firms have invested in a FPGA-based solution, the race is on to develop smarter, more efficient, and more profitable algorithms. But FPGA development is much more difficult than software, and lead times to deployment can be lengthy. With ongoing support in short supply, firms risk losing that competitive edge. Programmable hardware requires a totally new approach and much more planning than software. CPU-familiar software engineers lack the required skills, so the recruitment challenge is finding individuals with the right combination of financial and engineering skills. Because such talent is in short supply, candidates with the right skills can command high salaries and may not want to stick around once a project has gone live.The business perspective - the hiring pictureOver recent years, hiring for hardware talent within the trading industry has been high in Chicago in particular. A couple of firms have been very aggressive with hiring and scaling (with teams of over 10+ engineers) whilst others have focused on building small, dedicated teams. Whilst a handful of firms are very much on the right track and led by engineers who truly understand the industry, there are still trading firms who are heading down the hardware route with little strategy behind it.Without a doubt, it is a candidate driven market and there are challenges faced by many firms in a bid to source and attract talent:Lack of industry knowledge. The majority of hardware engineers in the industry are on their first or second role within a trading firm. It can be difficult to tear them away โ€“ they are compensated very well, their work is still greenfield and exciting, plus they typically have hefty non-competes (unless they are in California, of course).This means that firms often look for candidates outside the industry. This has its own challenges. The majority of this candidate pool is based in Silicon Valley, where their skills can be applicable to multiple different industries in the start up world. For many of these candidates, relocating to Chicago to work in a trading firm is simply not on their radar or something that they are interested in. Narrow Focus. Many hardware engineers in technology companies โ€“ and especially those employed by larger companies โ€“ have responsibilities narrowly focusing on hardware development where knowledge in one or more additional fields including software engineering, algorithms, network engineering, or finance is desirable for careers in trading.The interview process. Many trading firms are still refining their interview process for hardware engineers. We have seen some cases of over 100 candidates being interviewed for one hire. Recommendations to source talentTap into candidate pools in locations such as Seattle, Idaho, Toronto, Phoenix.Take time to โ€˜sellโ€™ and explain the firm/industry early on in the interview process. Some candidates have little knowledge or awareness of what a trading firm does and need to be educated on all the benefits early on.Be flexible and understand that many professionals will come from consulting or contract backgrounds โ€“ something that is typically frowned upon by trading firms.Recognize that you need to be flexible and competitive when it comes to compensation. The professional's perspective โ€“ the future is brightAlthough the above paints a somewhat difficult picture from a business perspective, in fact, the outlook is bright for professionals and it is a great time to be a hardware engineer. Whilst 10 years ago, traders were seen as the key to success within an HFT firm, hardware engineers are now an essential. Compensation packages can be upwards of $500,000 total compensation for a seasoned hardware engineer within the trading industry, there are many projects are still in early stages, and professionals are highly sought after by organizations.Contact Selby Jennings today to learn more about attracting and retaining hardware engineering talent, or explore open sales and trading roles.

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