eRates Desk Strategist

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 15 Dec 18

eRates Desk Strategist

Morgan Stanley's Institutional Securities Group (ISG) is a remarkably broad and diversified business. We provide institutions with almost every kind of financial product and service across the world's major markets. Whether you're interested in planning complex deals; trading on the moment-to-moment movements of the capital markets; analysing the financial needs of a company or a wealthy family, Morgan Stanley is the place to be.

D epartment Profile:

The electronic Rates Strats team develops pricing and trading algorithms to supports flow rates trading, in government bonds, IR-Swaps, Bond Futures, EuroDollar Futures, and TRS.

Primary Responsibilities:

eRates is seeking an experienced candidate in New York to contribute to the research and development of algorithmic trading strategies. Primary responsibilities include:

• Collaboration with trading desks to identify commercial opportunities
• Ongoing optimization of existing trading strategies and research into new strategies
• Continued monitoring, calibration and optimization of trading parameters
• Collaboration with IT to co-ordinate critical delivery and contribute to the trading framework
• Coordination with risk functions to ensure algorithms operate within risk-limits.


• 5+ years of experience in an electronic trading or research role
• Advanced degree in a quantitative field such as Mathematics, Statistics, Engineering, Physics or Computer Science
• Knowledge of Fixed Income products and Market Microstructure
• Strong technical skills in object-orientated programming and experience in contributing to algorithmic trading systems
• Strong statistical /econometric skills and ability to analyze large datasets
• Strong communication skills (the role requires effective collaboration across a range of groups and regions)
• Ability to present complex issues clearly, both verbally and in writing
• Ability to work thoughtfully, independently and manage multiple projects