Open Trading Specialist
MarketAxess
- Location
- New York, New York, United States
- Employment
- Full Time
- Work model
- On-Site
- Level
- Mid
- Salary
- $17.5k/yr
- H-1B history
- 4 approvals (FY2023)
- Posted
- 2h ago
Skills
About this role
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
The Open Trading Specialist plays a critical role in driving the growth and effectiveness of MarketAxess’s Open Trading marketplace. This individual will act at the intersection of trading, sales, and client engagement—building strong relationships with dealer and client desks while actively facilitating liquidity and trade execution across the platform.
In this role, you will proactively identify trading opportunities, help match supply and demand, and contribute to the overall efficiency and integrity of the Open Trading ecosystem. You will serve as a key point of contact for market participants, providing insight into trading activity, pricing dynamics, and market trends, while ensuring a high-quality experience for both dealers and clients.
Success in this position requires a strong understanding of fixed income markets, a commercial mindset, and the ability to operate in a fast-paced, collaborative environment. You will work closely with Sales, Client Services, and Product teams to support strategic initiatives, enhance platform adoption, and drive continued growth of Open Trading globally.
How You'll Help Take Us There
• Resolution of trade disputes in collaboration with Dealer and Client Sales, and the Customer Services teams.
• Build and strengthen relationships with dealer and client desks to support Open Trading activity.
• Partner with Sales to drive Open Trading growth in the U.S., including supporting strategic initiatives and new product development to expand the global business.
• Develop deeper relationships with sell-side traders, serving as a resource for pricing data and market insights.
• Report Open Trading performance, trends, and insights to management on a regular basis
• Partner with Product and Technology teams to provide feedback on emerging AI-enabled trading, workflow, and analytics capabilities that support the evolution of the Open Trading marketplace.
The candidate will be measured on
• Contribution to overall team workload and effectiveness.
• Growth in Open Trading participation across the region.
• Ability to mitigate trading risk and uphold MarketAxess’s reputation as a high-quality counterparty.
What We're Looking for
• 5+ years of strong product knowledge in fixed income markets.
• Experience in a front office role at a broker/dealer and/or within the interdealer corporate credit trading environment.
• Strong verbal and written communication skills with the ability to build effective relationships.
• Demonstrates a high level of accountability, focus, and attention to