at Spotware Systems (🇨🇾 Cyprus). The type of work: Full-time / ✈️ Relocation in 🚀 Management category.
Responsibilities
- Lead day-to-day dealing and trading operations across FX and multi-asset CFDs, ensuring accurate trade lifecycle controls, clean books, and stable execution under volatility.
- Own FIX connectivity and institutional execution workflows (sessions, symbology, order types, throttling, heartbeat/reconnect, sequencing, drop-copy, rejects management).
- Design and operate multiple pricing streams for different client segments and flow profiles (e.g., institutional vs retail broker flow, toxic vs soft flow, region-specific sessions, spread/markup tiers, depth profiles).
- Build and govern the pricing framework: aggregation logic, executable book depth, markups, skewing, dynamic spread controls, quote filtering, LP selection, and fallback logic.
- Implement toxic-flow controls and flow monetization levers: segmentation, routing rules, latency controls, last-look policy governance (where applicable), execution limits, and risk-based pricing adjustments.
- Develop real-time risk monitoring and escalation protocols: exposure limits, concentration risk, stress triggers, margin adequacy, hedging slippage, and liquidity outages.
- Own hedging/routing strategy oversight: internalization vs externalization rules, hedge thresholds, venue/LP routing, post-trade reconciliation, and PnL attribution (client vs hedge vs spread capture).
- Execution quality & TCA governance: monitor slippage, fill ratios, reject ratios, re-quotes (if any), latency, and LP performance; drive continuous improvements and vendor accountability.
- Regulatory alignment and reporting support across jurisdictions (offshore + international footprint): trading controls evidence, best execution-style metrics where relevant, and operational risk documentation.
Requirements
- 8–10+ years in FX/CFD dealing, trading operations, liquidity/risk, or institutional execution roles (broker, LP, prime-of-prime, or multi-asset CFD venue).
