Trainee Broker - ICAP Single Stocks
ICAP London, United Kingdom Apply now Posted 3 days ago In-Office Job Permanent Competitive
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.
The Group operates from more than 60 offices in 27 countries. We are 5,300 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
ICAP, part of TP ICAP group, provides a wide variety of execution and information services to wholesale market participants.
We offer broking services covering a wide range of asset classes, including Commodities, Credit, Equities, FX, Money Market Funds and Rates.
For each asset class, ICAP offers e-trading capability, giving clients the option to enter prices and execute trades directly via one of our hybrid electronic trading systems, or to engage with brokers who can identify and negotiate trades.
Role Overview
ICAP Single Stocks refers to the broking services provided by ICAP (a division of TP ICAP Group) in trading single stock derivatives and other equity-related instruments. In the world of financial services, this involves facilitating trades in individual stocks rather than indices or other broader equity-related products. These services cater to institutional clients, such as hedge funds, asset managers, and proprietary trading firms, looking to execute sophisticated trading strategies.
This entry-level role is an excellent opportunity for someone passionate about financial markets, eager to learn, and ready to build a career specialising in Equities. You will receive comprehensive training and mentorship to develop the skills and knowledge necessary to excel in broking, with a focus on Equity Options, Swaps and Cash.
Role Responsibilities
* Promote TP ICAP Group
* Provide complete support to the brokers for the smooth running of the desk
* Ensure timely input of trades into trading systems
* Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner
* Identify trade opportunities and calculate strategies
* Keep trade records up to date.
* Update real-time manual / electronic whiteboards with market data
* Provide input on various projects for brokers and traders
* Provide trade details to brokers and traders on a daily basis
* Give live quotes to traders through the messaging systems
* Monitor markets and follow financial news and developments
* Understand the underlying products being traded and keep up to date with knowledge of new products/procedures
* Liaise with clients, (via telephone and face to face) to understand the business objectives of your clients as to provide a reliable and efficient broking service
* Develop new business with existing clients and on-board new clients following the correct process with the Client On-Boarding team
Experience / Competences
Essential
* Demonstrated interest and understanding in the financial markets and the economy, ideally within Equities.
* Willingness to engage with internal and external stakeholders outside of the immediate desk environment.
* Evidences professional and personal integrity at all times.
* Hard working and willingness to learn.
* Good communication skills, written and verbal.
* Handles situations and problems effectively using own initiative.
Desired
* Demonstrates ability to work effectively with others.
* Seeks opportunities for improvements.
* Demonstrates high levels of energy in seeking out and achieving new goals.
* Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations with proven resilience.
Location
UK - 135 Bishopsgate - London #J-18808-Ljbffr