Description

Company Overview

An international fintech trading environment is enhancing its electronic execution capabilities through improved order routing, liquidity connectivity, execution analytics, and real-time trading infrastructure. Its operational framework supports professional trading activity across multiple financial instruments and relies on reliable technology to deliver efficient and transparent execution.

The organisation is seeking an Electronic Trading Performance & Execution Optimisation Specialist to evaluate execution quality, identify trading inefficiencies, and improve the performance of electronic order handling systems.

Role Summary

The Electronic Trading Performance & Execution Optimisation Specialist will focus on measuring and improving the quality of electronic trade execution. The position involves analysing order flow, evaluating execution outcomes, reviewing market impact, and identifying opportunities to improve routing decisions and trading system performance.

Working with front-office trading, quantitative research, and technology teams, the specialist will provide data-driven recommendations that support better execution outcomes and more efficient trading operations.

Key Responsibilities

  • Analyse electronic trading activity across supported financial instruments and execution venues.

  • Evaluate execution quality using transaction cost analysis and relevant performance metrics.

  • Monitor order fill rates, execution latency, slippage, spread costs, and rejection rates.

  • Assess the performance of different liquidity providers, brokers, and execution venues.

  • Analyse order-routing decisions and identify opportunities to improve execution efficiency.

  • Conduct pre-trade and post-trade execution analysis.

  • Investigate market impact and liquidity conditions affecting large or complex orders.

  • Develop execution performance dashboards and analytical reporting tools.

  • Compare actual execution results against benchmark prices and established execution objectives.

  • Identify recurring execution issues and recommend corrective measures.

  • Collaborate with quantitative researchers on execution models and trading strategy improvements.

  • Work with technology teams to investigate latency, connectivity, and order-processing problems.

  • Support the evaluation of smart order routing and execution algorithm configurations.

  • Prepare regular reports for trading management covering execution performance and operational trends.

  • Maintain documentation of execution methodologies, analytical assumptions, and improvement initiatives.

  • Contribute to the development of consistent execution monitoring and performance assessment procedures.

Requirements and Qualifications

  • Bachelor’s or Master’s degree in Finance, Financial Engineering, Economics, Mathematics, Statistics, or Computer Science.

  • At least 3 years of experience in electronic trading, execution analysis, quantitative trading support, or transaction cost analysis.

  • Strong understanding of financial markets, order execution, liquidity, and market microstructure.

  • Experience analysing trading data and evaluating execution performance.

  • Knowledge of transaction cost analysis, implementation shortfall, VWAP, TWAP, and related execution benchmarks.

  • Proficiency in Python, SQL, or comparable data analysis tools.

  • Strong Excel and data visualisation capabilities.

  • Familiarity with order management systems, execution management systems, and electronic trading platforms.

  • Understanding of FIX messaging and electronic order-routing processes is advantageous.

  • Ability to interpret large datasets and convert findings into practical recommendations.

  • Strong numerical reasoning, problem-solving, and reporting skills.

  • Excellent communication skills and the ability to work across trading and technology functions.

  • Experience with multi-asset execution analytics or institutional trading environments is an advantage.

Benefits

  • Fully remote working opportunity within Estonia.

  • Opportunity to influence electronic trading performance and execution quality.

  • Exposure to institutional trading systems, liquidity networks, and execution analytics.

  • Collaboration with international quantitative, technology, and front-office professionals.

  • Access to professional development in electronic trading and financial market analytics.

  • Flexible working arrangements in a technology-driven fintech environment.

Application Instructions

Interested candidates should submit an updated CV highlighting their electronic trading, execution analytics, or transaction cost analysis experience. Applicants should include examples of performance analysis, trading data projects, execution optimisation initiatives, and relevant technical tools used in previous roles.

Are you interested in this position?

Apply by clicking on the “Apply Now” Button below!

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