Trexquant is seeking a Fixed Income Trader to join our team. The ideal candidate will have experience executing both high-touch and electronic trades in corporate credit and rates instruments. In addition to trade execution, this role also involves cultivating relationships with liquidity providers and trading venues, contributing to the firm’s execution excellence, and working closely with quantitative researchers and technologists to enhance execution workflows and advance Trexquant’s systematic fixed income strategies.
Responsibilities
- Execute trading in corporate credit instruments (IG, HY, EM), including cash bonds, credit indices, and ETFs, as well as rates instruments, including treasuries, bond futures, and other interest rate derivatives
- Conduct both high-touch and electronic executions across OTC and exchange venues, covering both secondary and new issue transactions
- Cultivate and strengthen relationships with street sales, trading, and syndicate teams to broaden liquidity access
- Monitor market microstructure, liquidity dynamics, and credit developments to optimize execution, manage transaction costs, and improve portfolio outcomes
- Track execution metrics and conduct transaction cost analysis to identify and implement execution enhancements
- Collaborate with quantitative researchers and technologists to develop and refine execution workflows and algorithmic trading strategies
- Coordinate with operations on settlements and corporate actions
- Monitor risk exposures and ensure adherence to the firm’s trading, operation, and compliance standards
- Provide real-time market insights and feedback to researchers and contribute to alpha and strategy development
Requirements
Bachelors, Masters or PhD in STEM related fields3+ years of experience in corporate credit and rates trading, preferably on the buysideProficiency in trading platforms : MarketAxess, TradeWeb, TruMid, and BloombergExposure to fixed income quantitative / systematic strategiesProficiency in programming languages (such as Python) and statistical modelingDeep understanding of corporate credit and rate marketsStrong problem-solving skills with an ability to work independently and as part of a teamBenefits
Competitive salary plus bonus bonus based on individual and company performanceCollaborative, Casual, and friendly work environmentPPO Health, dental and vision insurance premiums fully covered for you and your dependentsPre-tax commuter benefitsWeekly company mealsTrexquant is an Equal Opportunity Employer