DMA Dealer

Role Overview

The DMA Dealer position within Institutional Broking and Trading entails executing orders for institutional clients through Direct Market Access platforms. The role demands precision, speed, and adherence to regulatory and risk management requirements while handling substantial trade volumes and supporting trading strategies.

Key Responsibilities

• Conduct institutional client order executions via DMA platforms, focusing on high-value and large-volume trades with accuracy and timely delivery.
• Oversee institutional and algorithmic trades in accordance with established strategies and prevailing market conditions.
• Comply rigorously with exchange rules, internal policies, and risk frameworks throughout trading activities.
• Perform real-time and retrospective trade surveillance to detect irregularities or potential compliance issues.
• Work collaboratively with Risk and Compliance departments to investigate flagged trades, ensuring thorough documentation and reporting.
• Support trading strategy formulation and implementation alongside Research and Institutional Sales teams.
• Manage complex and voluminous orders efficiently to reduce market impact and enhance execution quality.
• Engage closely with institutional clients to understand trade needs and provide effective execution assistance.
• Track market trends, liquidity, and volatility to refine execution decisions and optimize trade outcomes.
• Ensure accurate post-trade processes, including confirmation, reconciliation, and reporting.
• Keep abreast of regulatory updates, exchange notifications, and best practices involving DMA and algorithmic trading.

Ideal Candidate Profile

• Minimum of 4 years’ experience in institutional broking, DMA dealing, or algorithmic trading settings.
• Comprehensive knowledge of equity markets, trade lifecycle, and execution technologies.
• Well-versed in regulatory norms, compliance standards, and trade surveillance procedures.
• Experienced in handling significant and bulk orders for institutional clientele.
• Strong analytical ability with keen attention to detail and risk sensitivity.
• Effective communication capabilities and efficient stakeholder management.
• Proficient with trading platforms such as Omnesys and Greek-soft.
• Hands-on expertise with FIX connectivity operations.