Equiduct is an innovative, client driven pan-European exchange designed to enable retail brokers and institutional clients to achieve Best Execution in the most liquid and fragmented cash equities and ETFs. Focused on providing solutions for our members in the post MiFID environment, Equiduct has developed unique products designed to revolutionise retail trading which facilitate order execution against the pan- European consolidated order book. Its focus is to ensure market participants are able to access the best prices available in Europe by utilising a proprietary price discovery mechanism. Equiduct provides pan- European trading across 12 markets covering 16 European headline indices.
In 2019, Equiduct launched Apex: a fully transparent, MiFID-compliant, zero-commission Best Execution service which allows retail orders to execute against the pan-European order book and is supported by a pool of Liquidity Providers and active brokers.
About the job
The Market Operations Team is an operational, client-facing team within Equiduct and is responsible for the day-to-day management of trading and post trade processes.
Reporting to the Head of Market Control, the candidate will be assigned to participate to the following tasks:
Market Monitoring
Monitoring of trading activity; auction and continuous trading
Monitoring Corporate Actions
Monitoring internal (Equiduct) and external (other markets) incidents status (IT updates, resolution time...)
Trading Environment Operations
Running Market Ops systems and platforms - Full checks from the start to end of the trading day of the systems (both PROD and UAT – Test Environment)
After market hours processes including new stock and new client set-ups
Liaising with CCPs to ensure correct set up of post trade routes
Internal and User Acceptance Testing of new functionality, bug fixes and enhancements
Performing the required sanity checks after new releases are implemented
Maintenance of reference data and the tradable universe
MiFID II Reporting and Order Record Keeping
Client-facing responsibilities
Timely response to client queries, via the telephone, email and in person
Investigation of market operation trading related queries
Assisting with the onboarding of new clients including conformance testing and connectivity set-up
Knowledge and understanding of European equity markets
Market communications
Creation and publication of Market Notices
Documentation and procedural update and reviews
The role is demanding and challenging, focussed on proactivity and error minimisation. As a small company experiencing significant growth, areas of involvement and responsibility are wide-in-scope, and as such the successful candidate will be involved in the evolution of the market and will in turn have the opportunity to broaden knowledge and experience within a fast-paced Stock Exchange environment.
Skills and qualifications
Degree from Business/Engineering School or Universities
Interest in trading environments, trade lifecycle and exchanges
Proactive approach and self-starter
Good organizational skills and a positive problem-solving attitude when under pressure
Keen eye for detail
Ability to work in a high-pressure production environment
Highly computer literate, including excellent Excel skills
Fluent written and spoken English essential
Additional European languages, fluency in Swedish would be a distinct advantage
Efficient & reliable
Enthusiastic and motivated to learn
Excellent team player with ability to work in a virtual team across locations
Location
Equiduct’s Spanish office – city centre of Madrid / remote working (flexible regime).
About our interview process
We have a 3-stage interview process which will enable you to meet remotely with various members of our team. This will include Human Resources, the hiring Manager, and other members of our Management Team, including the Country Head of Spain.
About the benefits
Competitive base salary
Discretionary incentive scheme
30 days paid holiday per year
Competitive social benefits
Equiduct is a market segment of Börse Berlin, a regulated market operator under Article 44 of MiFID II. Börse Berlin is regulated by the Competent Authority Senatsverwaltung für Wirtschaft, Energie und Betriebe - Börsenaufsichtsbehörde and participation in trading is governed by German and European law.
Tipo de empleo
Jornada completa
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