MarketAxess
Quant Researcher
MarketAxess, New York, New York, us, 10261
About Us
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
As a Quant Researcher, you will be instrumental in the development of data solutions that drive both our trading and data businesses. Utilizing MarketAxess' proprietary platform data, you will enhance our suite of products, including data analytics, Tradability, and other data-driven solutions that address critical trading decisions such as what, how, and when to trade, as well as who to trade with. Your contributions will span both long-term strategic projects and immediate impact initiatives, all with the aim of making the fixed income trading landscape more efficient, transparent, and competitive. Will you Take Us There?
How You'll Help Take Us TherePartner with the MarketAxess Sales team to provide tailored data insights that enhance trading execution for clients and dealers. Act as a trusted partner to the sales teams, empowering them with the quantitative analysis and data-driven solutions needed to support our clients' success and grow MarketAxess' market share.Analyze bond market activity and market micro-structure, including MarketAxess' proprietary data.Take ownership of existing research models and reports like Transaction Costs Analysis, Tradability and other data products.Develop new models and reports.Collaborate closely with global product and development teams to enrich data-driven trading solutions.What We're Looking for
Proficiency in programming languages and tools commonly used for quantitative analysis and data manipulation, such as R, Python, and SQL.3+ years of experience as a quantitative researcher in Fixed Income markets.Deep understanding of fixed income market dynamics and ability to apply quantitative techniques to solve real-world trading problems.Experience applying advanced Machine Learning and AI techniques (Deep Learning, Tree based models, Reinforcement Learning).Strong written and verbal communication skills.Familiarity with cloud computing platforms like AWS and data visualization tools like Tableau is also highly desirable.What You Can Expect from Us
Hybrid Environment: Our employees enjoy a mix of working in the office and from homeFree Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacksPaid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity daysGenerous Parental Leave: Up to 20 weeks fully paid leave401(k): Dollar-for-dollar employer match up to $17,500Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discountWellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and moreOnsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards locationTuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakersCore 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 $110,000 USD to $165,000 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.
MarketAxess Privacy Notice for Candidates
CCPA Notice at Collection for California Employees and Applicants
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
As a Quant Researcher, you will be instrumental in the development of data solutions that drive both our trading and data businesses. Utilizing MarketAxess' proprietary platform data, you will enhance our suite of products, including data analytics, Tradability, and other data-driven solutions that address critical trading decisions such as what, how, and when to trade, as well as who to trade with. Your contributions will span both long-term strategic projects and immediate impact initiatives, all with the aim of making the fixed income trading landscape more efficient, transparent, and competitive. Will you Take Us There?
How You'll Help Take Us TherePartner with the MarketAxess Sales team to provide tailored data insights that enhance trading execution for clients and dealers. Act as a trusted partner to the sales teams, empowering them with the quantitative analysis and data-driven solutions needed to support our clients' success and grow MarketAxess' market share.Analyze bond market activity and market micro-structure, including MarketAxess' proprietary data.Take ownership of existing research models and reports like Transaction Costs Analysis, Tradability and other data products.Develop new models and reports.Collaborate closely with global product and development teams to enrich data-driven trading solutions.What We're Looking for
Proficiency in programming languages and tools commonly used for quantitative analysis and data manipulation, such as R, Python, and SQL.3+ years of experience as a quantitative researcher in Fixed Income markets.Deep understanding of fixed income market dynamics and ability to apply quantitative techniques to solve real-world trading problems.Experience applying advanced Machine Learning and AI techniques (Deep Learning, Tree based models, Reinforcement Learning).Strong written and verbal communication skills.Familiarity with cloud computing platforms like AWS and data visualization tools like Tableau is also highly desirable.What You Can Expect from Us
Hybrid Environment: Our employees enjoy a mix of working in the office and from homeFree Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacksPaid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity daysGenerous Parental Leave: Up to 20 weeks fully paid leave401(k): Dollar-for-dollar employer match up to $17,500Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discountWellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and moreOnsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards locationTuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakersCore 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 $110,000 USD to $165,000 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.
MarketAxess Privacy Notice for Candidates
CCPA Notice at Collection for California Employees and Applicants