Manager - FX Products

at  CME Group

CME FX

CME FX have the most comprehensive suite of FX products across FX Futures and Options, Spot FX, NDFs and FX Link. We also offer a range of post-trade analytics, credit and clearing tools-providing customers with further benefits to optimize their activity and maximize efficiencies.
Following the successful migration of the EBS platform to Globex these FX products are offered through one technology stack and one integrated team.
The business is now focused upon investing in new product initiatives to offer more choice, access and efficiencies to our customer base. These include new order types, market data offerings, market ecology changes and CME FX Spot+. CME FX Spot+ , available in test Q4 2024, is the next step in bringing the FX market together: using technological innovation to offer both FX Futures liquidity in spot form and spot liquidity in the FX Futures order book.
Role Summary
FX Products Platforms and Workflows- Liquidity Management role is to develop and support the continued growth of volumes and counterparties on CME FX Trading platforms as part of the global CME FX Business Line Management team. As well as feedback intelligence gained from customers/market into future product development initiatives.
Key success metrics include growing Global Average Daily Volume, number of bilateral trading relationships, daily spread of currency pairs traded by customers, LP/currency pair coverage, and other relevant business performance measures.
Key Responsibilities
Build strong business relationships with customers (banks and non-banks) eFX-Sales, Trading, and Client Services teams across the CME FX franchise.

Service and advise Liquidity Providers on how to best use the EBS platforms to distribute their pricing and extend client reach.

• Develop awareness of all CME FX platform functionality across Spot, NDFs, Futures and Options with clients to enhance their exposure across the whole CME FX product suite

Use quantitative analytics to review trading data and have a solid understanding of market microstructure, eFX pricing and risk management to provide insights to clients.

• Work closely with Regional Sales teams to understand and service client requirements (in terms of LPs, credit, currency pair coverage, liquidity and spreads).
• Work closely with internal Client Integration teams, Onboarding team and Customer Support team on new client onboarding, connectivity, issue resolution and everyday operational management of trading activity.
• Contribute to Product strategy, gather and/or deliver relevant business information and participate in growth plans.

Skills
Excellent interpersonal skills are essential, with the ability to clearly communicate at a senior level.
Technical data analysis and presentation of trading data.
Knowledge & Experience:
A minimum of 5 years experience in the FX Market ideally with exposure to e-Trading for FX Spot, FX Forwards & Precious Metals.
Experience in Liquidity Management, post trade analytics and Credit & Risk management would be an advantage.
Good awareness of FX Market Structure- participants, competitive dynamics, impacts of regulatory change and other dynamics
Educated to degree level
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Please refer the Job description for details