The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
About ICAP RV
ICAP Relative Value (ICRV) is a dedicated global execution division specializing in US Treasuries (USTs), Futures, and Options markets. Operating around the clock, the unit consists of a dedicated team that executes complex, multi-leg synthetic strategies on behalf of institutional clients.
Role Overview
The Execution & Sales Broker will be a key member of the ICAP Relative Value (ICRV) Fixed Income execution team, supporting the desk’s day-to-day trading activities and technology initiatives. The role combines market analysis, client-focused trade execution, and the development and deployment of technology-driven trading solutions that enhance the desk’s offering and contribute to its long-term strategic growth.
The successful candidate will have prior experience in financial markets, with a particular focus on Futures and Options, and demonstrate a strong understanding of market structure and trading dynamics. They will possess advanced Microsoft Excel skills, including the ability to build, interpret, and troubleshoot complex mathematical and analytical models. Strong communication, relationship management, and sales abilities are essential, along with the capacity to perform effectively in a fast-paced, high-pressure trading environment.
This role offers an opportunity to work at the intersection of trading, analytics, and technology, helping to drive execution excellence, client engagement, and innovation across the business.
While we are primarily targeting candidates with prior Front Office experience, we are open to a range of profiles as part of our longer-term team development plans. This includes high-potential graduates with relevant internship experience, as well as individuals with several years of experience in execution, derivatives, or trading support roles.
Role Responsibilities
Support in building and integrating asset pricing tools and advanced software tools used by the desk
Conduct valuation & data analysis with production of daily market analytical reports
Ensure timely input of trades into trading systems
Resolve any trade queries received internally or externally, and ensure any trade discrepancies are resolved in a timely manner
Identify trade opportunities and calculate strategies
Maintain accurate and timely trade capture and records
Give live quotes to traders through the messaging systems
Monitor markets and follow financial news and developments
Liaise with clients, via telephone and face to face, to provide a reliable and efficient broking service
Fulfil additional / ad hoc duties as required to meet the needs of the business
Experience / Competences
Essential
Strong understanding of global financial markets, particularly fixed income or derivatives
Advanced Microsoft Excel skills, which might include modelling and data analysis
Strong analytical and problem-solving capability
Excellent communication and interpersonal skills
Ability to operate effectively in a fast-paced, high-pressure trading environment
Collaborative approach with the ability to build relationships across teams
Desired
Proven experience in Front Office trade execution
Excellent & proven knowledge of Options
Experience in Government Bonds, and/or Equity Markets, and/or Interest Rate based products
Solid understanding in statistics
Role Band & Level: Professional / 4
#LI-Onsite #LI-ASO
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
UK - 135 Bishopsgate - London
