Overview

About Instinet:
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 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. In the US, Instinet also offers a boutique-model Equity Research offering to assist their clients in the pursuit of alpha generation in a changing landscape. Over the course of its 45+ 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.

Instinet’s proprietary algorithmic trading systems that address our clients’ diverse range of trading styles and goals. We provide a core set of global, event-driven, multi-asset trading strategies and deploy a library of regularly updated component tactics and extensive controls to refine behavior. Clients can easily tailor strategies to meet specific objectives.

Role description:

The Senior Developer – Algorithmic Trading Technology will participate in the design, development and deployment of a state-of-the-art algorithmic trading platform for Instinet.  The project is a greenfield development initiative that will leverage Instinet’s Trading Core to deliver a highly reliable, performant and flexible platform to deliver Instinet’s proprietary execution algorithms.

Critical Success Factors:

  •  Software Delivery – Excellent software engineering skills with an emphasis on high-performance system design and development in Java.
  • Teamwork – Collaborate with architecture and other technical teams to deliver value in a component-based system.  Leverage in-house market data, gateway and infrastructure components to reduce time to market and increase software reuse across the platform.
  • Domain Expertise – In-depth understanding of algorithmic trading of global equities; experience with Futures, FX and Fixed Income produce

Experience and Education

  • Expert developer with a minimum of 5 years programming in java or C++
  • 10+ years of experience designing, developing and operating IT systems in the capital markets industry.
  • 3+ years designing, developing and operating algorithmic trading platforms in global equities, futures, FX and/or Fixed income.
  • Good understanding of the mathematics of trading algorithms; familiarity with AI / ML techniques a plus.
  • Bachelor or Master Degree in computer science, engineering or related disciplines; PhD a plus.
  • Prior experience delivering applications in a Trading Core architecture a plus

Competencies

Culture & Conduct – Active in making a positive contribution to Instinet’s culture and values, ensuring a respectful and inclusive working environment and setting the highest standards of integrity in all dealings. Creates and pursues own development and finds opportunities to achieve objectives.

Client Centricity & Business Acumen – Drives, builds, and sustains prosperous and lasting client relationships. Focused on business success and profitability. Seeks, analyses and links complex data.  Generates viable options, opportunities, and ways forward through novel and/or tried and tested solutions.

Strategy & Innovation – Stays ahead, up to date and aligned with Instinet’s global strategy, builds clarity from ambiguity and enables the implementation and acceptance of change. Makes sound decisions appropriate to own level and is positive and nimble when circumstances demand it.

Leadership & Collaboration – Motivates, supports and encourages others. Provides feedback, helps build others careers. Co-operates and collaborates cross-regionally and cross-divisionally with colleagues inside and outside own business. Proactive when conflict arises.

Communication & Connectivity – Conveys information clearly, accurately and succinctly and adjusts to the audience’s needs. Has credibility and impact, uses a range of effective interpersonal skills to engage others to adopt a position and/or take action. Knows when to listen and participate.  Builds and sustains relationships. Contributes actively to help create effective partnerships.

Execution & Delivery – Has the determination and resiliency to deliver. Takes the initiative, originates action and keeps things moving. Commits to a course of action to accomplish goals. Formulates objectives and priorities to build and sustain long-term business interests. Drives work to successful completion.

 

Instinet is an Equal Opportunity Employer