All of our foreign exchange jobs ("FX" or "forex"), including sales, trading, structuring and investing, are included in this sector. You'll find FX jobs in investment banks, trading houses, asset managers, hedge funds, commercial banks and corporates (companies). Within companies, corporate treasury departments are responsible for managing the organization's exposure to changes in exchange rates.
Forex jobs and money broker jobs basically include predicting how economic factors and/or government intervention will cause currencies to rise in value (appreciate) or fall in value (depreciate) against each other.
FX traders working in investment banks usually focus on specific trading currency pairs. The U.S. dollar and the Japanese Yen, the Euro and the U.S. dollar, the U.S. dollar and the Swiss franc and the British pound and the U.S. dollar are the most common of these pairs.
So-called "spot trading," where currencies are bought and sold for immediate delivery, makes up much of FX trading. A reasonable proportion of FX trading jobs also involve derivatives such as futures. These are products in which contracts are exchanged agreeing to trade one currency for another for a pre-determined price at a given date in the future, as well as swaps and options. Many currency derivatives are highly liquid and traded on major exchanges. FX derivative products may also be traded over the counter (OTC), both bought and sold, between individual buyers and sellers without going through exchanges.
Today, most FX trading takes place electronically using electronic execution systems that allow banks and corporate clients to place foreign exchange trades online without having to place them through human traders.
Sales jobs and careers in FX are usually split into different client types. Some salespeople might focus on selling FX products to hedge funds, while others will focus on selling FX products and electronic trading systems to private clients, asset managers, pension funds or corporates.
We also list our money market jobs in this section. Money markets are markets for short term fixed income investments over less than a year. Products traded in money markets are very liquid and can usually be purchased and sold simply and quickly. As a result, they're considered very low risk. Money market funds will invest in products like government bonds, though in a climate of governmental debt defaults, these may become far less safe and liquid than they're meant to be.
Money market careers can include repo trading positions, in which holders of government securities sell them on to a third party but agree to purchase them back for a pre-determined price at an agreed date of no more than 30 days from the initial sale.
Show more » « Show less
| Buy Side Account Manager/Fund Accounting/Middle and Back office | EC1 Partners $100,000 + $50,000 OTE + Benefits | Sacramento, CA, 94203 | 09 Feb 12 |
|---|
Our client is a global leader in alternative investment solutions for the financial markets.
| VP LEVEL - FX Corporate Sales – United States of America/NY | Selby Jennings Basic plus discretionary bonus. | New York, NY, 10001 | 09 Feb 12 |
|---|
My client is a global investment bank, currently looking for a Senior Salesperson in FX selling to large Cap C...
| Institutional FX Sales. £Competitive package - United States of America /NY | Selby Jennings Competative | New York, NY, 10001 | 09 Feb 12 |
|---|
US Institutional FX Sales, New York. £Competitive package (FX, OPTIONS, SPOT, FORWARD, US, INSTITUTIONAL, SALE...
| Cross Asset Structurer- New York | Selby Jennings Structuring V Competitive | New York, NY, 10001 | 09 Feb 12 |
|---|
My client, a top European investment bank, are looking to make the hire of an Analyst level candidate into the...
| Fixed Income FICC Quantitative Portfolio Research Analyst - Top Quantitative Asset Management - | GQR Global Markets Up to $200,000 USD base (DOE) + extremel... | New York, NY | 09 Feb 12 |
|---|
As the quantitative portfolio management becomes increasingly integral to the markets, particularly in the cur...
| Head of Global Bond Investment Technology - US | GQR Global Markets $250,000 – $450,000 basic + bonus | New York, NY | 09 Feb 12 |
|---|
Our client is currently seeking a Head of Global Bond Investment Technology.
| VP, LATAM FX Options Trader, New York | GQR Global Markets Highly competitive | New York, NY | 09 Feb 12 |
|---|
A top tier European Investment bank is looking to add to its LATAM FX Options trading desk in New York.
| Fixed Income FICC Quantitative Portfolio Research Analyst - Top Quantitative Asset Management - San Francisco, USA | GQR Global Markets Up to $200,000 USD base (DOE) + extremel... | San Francisco, CA | 09 Feb 12 |
|---|
As the quantitative portfolio management becomes increasingly integral to the markets, particularly in the cur...
| Junior Model Validation FICC Quant Analyst – Quantitative Analytics - Leading Global Investment Bank - US, New York | GQR Global Markets Up to $80,000 USD base (DOE) + competiti... | New York, NY | 09 Feb 12 |
|---|
For those with the relevant skill-set, an influential role within a leading group covering model validation of...
| Entry Level FICC Quantitative Research Analyst – Leading Investment Bank - New York, USA | GQR Global Markets Up to $100,000 sterling base (DOE) + com... | New York, NY | 09 Feb 12 |
|---|
As the quantitative pricing and modelling space becomes increasingly integral to the markets, particularly giv...
| Sales Associate | Not Disclosed Competitve + Bonus upon hitting sales ta... | Boston, MA | 08 Feb 12 |
|---|
We are a well-known financial research company with a firm history of producing top-level analysis and stand a...
| World Class Quant Researchers / Traders - Alpha Research - (High Frequency) Prop Trading and Automated Market Making | Westbourne Partners $200,000 - $550,000 base + Guaranteed Bo... | New York, NY, 10001 | 08 Feb 12 |
|---|
x2 opportunities (1collaborative & 1 individualistic)
| MARKETERS LATIN AMERICAN DERIVATIVE PRODUCTS | Not Disclosed BASE PLUS BONUS | Manhattan, NY, 10017 | 07 Feb 12 |
|---|
Sound Global Investment Banks with needs for experienced marketers to Latin America Corporates and Institution...
| PhD - Quantitative Research | Not Disclosed Compensation Competitive | New York, NY, 10001 | 07 Feb 12 |
|---|
Multi-billion dollar award winning quant fund is seeking an experienced researcher in the area of systematic f...
| Economic Research Analyst – New York | Analytic Recruiting Inc. Competitive compensation | New York, NY | 07 Feb 12 |
|---|
Chief Economist seeks a junior economic research analyst to analyze data and produce high quality economic res...
| Business Analyst -- FICC | Newedge not disclosed | New York, NY | 06 Feb 12 |
|---|
See job description below
| High Frequency Researcher | IJC Partners, LLC. Base plus bonus | New York, NY, 10017 | 06 Feb 12 |
|---|
Algorithmic Hedge Fund is looking for a High Frequency Developer or Researcher
| FX Researcher | IJC Partners, LLC. base & bonus | Greenwich, CT | 06 Feb 12 |
|---|
FX Quant needed for major hedge fund
| Sr Global Macro PM | IJC Partners, LLC. Base + % of PnL | New York, NY, 10017 | 06 Feb 12 |
|---|
Our client, a CT hedge fund, is seeking a Global Macro PM for CT. or London office
| Fixed Income developer - NY or Chicago | Prairie Consulting Services, Inc. Open, DOE | New York City, NY | 06 Feb 12 |
|---|
Do you want to be part of a highly sought after Trading firm in the loop with stunning view of the river from ...
| Business Analyst - PMO | Not Disclosed $600+/ day | New York, NY, 10022 | 06 Feb 12 |
|---|
Leading Bank looking for a qualified Business Analyst with PMO experience with multiple large scale projects....
| Chief Equity Strategist - Executive Director/Managing Director - New York | JPMorgan Competitve | New York, NY, 10001 | 06 Feb 12 |
|---|
Please see the job description
| Chief FX Strategist - Executive Director/Managing Director - New York | JPMorgan Competitve | New York, NY, 10001 | 06 Feb 12 |
|---|
Please see the job description
| Project Managers/Business Analysts - Front Office - New York, North America, South America | Denovo up to $1000 per day (+ expenses if trave... | New York, NY, 10001 | 06 Feb 12 |
|---|
Project Managers/Business analysts - Front office required by large Investment Bank to lead and advise on the ...
| Sales Manager New York | Not Disclosed Competitive | New York, NY, 10001 | 06 Feb 12 |
|---|
My client is looking to hire a sales professional to develop and manage a portfolio of North American clients.
| Senior Manager of FX Risk Management | ICBC Competitive | China-Beijing | 06 Feb 12 |
|---|
Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as a Se...
| Expert of CNY FX Trade | ICBC Competitive | China-Beijing | 06 Feb 12 |
|---|
Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as an E...
| Expert of CNY FX Option Trade | ICBC Competitive | China-Beijing | 06 Feb 12 |
|---|
Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as an ...
| Senior Portfolio Manager of Foreign Exchange | ICBC Competitive | China-Beijing | 06 Feb 12 |
|---|
Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as a Se...
| Foreign Exchange Technology Manager | DTG Capital Markets Base + Bonus | Manhattan, NY, 10017 | 05 Feb 12 |
|---|
Major Broker Dealer/Commodities Firm located in NYC seeks a Senior Level Foreign Exchange Technology Manager w...