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Trexquant Investment LP

Fixed Income Trader (USA)

Trexquant Investment LP, Stamford, Connecticut, United States, 06925

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Trexquant is seeking a Fixed Income Trader to join our team. The ideal candidate will have experience executing both high-touch and electronic trades in corporate credit and rates instruments. In addition to trade execution, this role also involves cultivating relationships with liquidity providers and trading venues, contributing to the firm’s execution excellence, and working closely with quantitative researchers and technologists to enhance execution workflows and advance Trexquant’s systematic fixed income strategies.

Responsibilities

Execute trading in corporate credit instruments (IG, HY, EM), including cash bonds, credit indices, and ETFs, as well as rates instruments, including treasuries, bond futures, and other interest rate derivatives

Conduct both high-touch and electronic executions across OTC and exchange venues, covering both secondary and new issue transactions

Cultivate and strengthen relationships with street sales, trading, and syndicate teams to broaden liquidity access

Monitor market microstructure, liquidity dynamics, and credit developments to optimize execution, manage transaction costs, and improve portfolio outcomes

Track execution metrics and conduct transaction cost analysis to identify and implement execution enhancements

Collaborate with quantitative researchers and technologists to develop and refine execution workflows and algorithmic trading strategies

Coordinate with operations on settlements and corporate actions

Monitor risk exposures and ensure adherence to the firm’s trading, operation, and compliance standards

Provide real-time market insights and feedback to researchers and contribute to alpha and strategy development

Qualifications

Bachelors, Masters or PhD in STEM related fields

3+ years of experience in corporate credit and rates trading, preferably on the buyside

Proficiency in trading platforms: MarketAxess, TradeWeb, TruMid, and Bloomberg

Exposure to fixed income quantitative/systematic strategies

Proficiency in programming languages (such as Python) and statistical modeling

Deep understanding of corporate credit and rate markets

Strong problem-solving skills with an ability to work independently and as part of a team

Benefits

Competitive salary plus bonus bonus based on individual and company performance

Collaborative, Casual, and friendly work environment

PPO Health, dental and vision insurance premiums fully covered for you and your dependents

Pre-tax commuter benefitsWeekly company meals

Trexquant is an Equal Opportunity Employer

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