Instinet's proprietary algorithmic trading systems that address our clients' diverse range of trading styles and goals. The platform trades $7-8bn of client order flow per day globally, and represents a business-critical system for Instinet. 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.
The Development Manager Algorithmic Trading Technology will lead 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.
This role is a player-coach. Hands-on development is expected in conjunction with the technical management and oversight of the team. The teams follow an Agile development lifecycle with a strong focus on DevOps and test automation to achieve exceptional velocity and low defect rates. Key responsibilities include:
Create application architecture and design
Recruit and Train the team
Develop the new platform
Migrate existing algorithms to the new platform
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.
Experience and Education
5+ years of demonstrated management of IT development teams. Strong people management skills with experience leading small, highly skilled engineering teams. Ability to recruit, train, mentor and motivate high-performance development teams
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.
Bachelor or Master Degree in computer science, engineering or related disciplines
Culture & Conduct
Client Centricity & Business Acumen
Strategy & Innovation
Leadership & Collaboration
Communication & Connectivity
Execution & Delivery
Instinet is an Equal Opportunity Employer
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