Sales and Trading
Company Overview
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 60 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance. Over the course of its 50+ year history, Instinet has introduced a range of now industry-standard trading technologies, and has been an innovator at the forefront of the market's evolution. For more information, please visit www.instinet.com
Sales Trading - Role Description
The Sales and Trading position will be working with a team in Toronto to cover our institutional client base trading into Canada or Canadian clients trading into US. Candidates will work closely with other coverage teams, product and quantitative groups, and technology teams to provide live trading coverage and analytics review and trading strategy discussions with clients.
Work as a producer on the Canadian Institutional Sales & Trading team, serving as a Subject Matter Expert on our Trading platform
Work closely with the rest of trading team, as well as other coverage teams to provide exemplary service to clients and look for cross selling opportunities
Work closely with quantitative team to stay in front of clients on performance discussions and look for improvements to the trading platform.
Stay up to date on market structure changes and how our trading platform will handle those changes and present to clients.
Assists in client reporting, trade reconciliation and technology troubleshooting
Liaise with various internal groups (technology, middle office, support, back office) in resolving technical and settlement issues
Ensure products and/or services are delivered accurately, efficiently and on time
Develop functions and activities for Canadian Algo performance, which requires collaboration of functions that include global counterparties and clients
Qualifications
BA/BS degree (or equivalent) from an accredited college/university
5-10 years of experience in an Sales & Trading coverage role. Existing client relationships a plus
Strong understanding of TCA review and trading strategy customization
Familiar with market structure and relevant discussions on topic
Strong quantitative and analytical skills (coding skills are a plus)
Ability to work independently while functioning as part of a team in a fast-paced environment
Excellent communication/interpersonal skills
Canadian regulatory Registrations (CSC, CPH, Traders Training) required. CFA, PDO or US licensing courses would be nice to have
Experience with Bloomberg
Superior problem solving, analytical, judgement and change implementation capabilities
Excellent oral and written communication skills are required for contacts with all clients and internal management groups
Ability to manage deadlines while balancing multiple complex priorities
Organized, detail-oriented individual with highly developed analytical skills
