Trexquant Investment
Head of Execution Team (USA)
Trexquant Investment, Stamford, Connecticut, United States, 06925
We are looking for a Head of Execution Team to lead and grow the Execution Team at Trexquant. In this role, you will be responsible for overseeing Trexquant's daily executions, establishing processes to identify execution improvement on core strategies, and implementing expansion in trading styles and holding periods for new strategies and asset classes. Your work will significantly influence our profitability and strengthen our competitive edge.
Responsibilities
Oversee and enhance seamless daily execution of $1bn+ notional across 5k+ equities, global futures, and an expanding list of asset classesDevelop tools to continuously analyze execution data across various trading instrumentsManage and update market impact models across all our traded asset classesDesign Trading experiments and present results in order to collaborate with senior research team membersImplement execution strategies to further improve transaction costs and fill ratesWork with our Operations team to ensure best execution services provided by brokersDevelop and implement processes for control, trade support, redundancy and automated prosecution of the trade lifecycleDeepen firm execution capabilities through broker relationships, assessments, onboarding, commission management, and trade cost analysisBuild and lead a team of quantitative execution professionals capable of fine-tuning existing trading flow as well as expansion into new holding periods, countries and asset classesRequirements
Bachelor's, Master's, or Ph.D. degrees in Mathematics, Statistical Modeling, Computer Science or other related STEM fields5+ years of experience working in an electronic execution role within quantitative trading companyExperience managing a team of quant researchers and execution specialistsStrong quantitative skills, detail oriented, and proficiency in Python programmingBenefits
Competitive salary, plus bonus based on individual and company performanceCollaborative, casual, and friendly work environment while solving the hardest problems in the financial marketsPPO Health, dental and vision insurance premiums fully covered for you and your dependents
Responsibilities
Oversee and enhance seamless daily execution of $1bn+ notional across 5k+ equities, global futures, and an expanding list of asset classesDevelop tools to continuously analyze execution data across various trading instrumentsManage and update market impact models across all our traded asset classesDesign Trading experiments and present results in order to collaborate with senior research team membersImplement execution strategies to further improve transaction costs and fill ratesWork with our Operations team to ensure best execution services provided by brokersDevelop and implement processes for control, trade support, redundancy and automated prosecution of the trade lifecycleDeepen firm execution capabilities through broker relationships, assessments, onboarding, commission management, and trade cost analysisBuild and lead a team of quantitative execution professionals capable of fine-tuning existing trading flow as well as expansion into new holding periods, countries and asset classesRequirements
Bachelor's, Master's, or Ph.D. degrees in Mathematics, Statistical Modeling, Computer Science or other related STEM fields5+ years of experience working in an electronic execution role within quantitative trading companyExperience managing a team of quant researchers and execution specialistsStrong quantitative skills, detail oriented, and proficiency in Python programmingBenefits
Competitive salary, plus bonus based on individual and company performanceCollaborative, casual, and friendly work environment while solving the hardest problems in the financial marketsPPO Health, dental and vision insurance premiums fully covered for you and your dependents