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.
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| Technical Account Manager | SunGard not disclosed | China-Shanghai | 23 May 12 |
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See job description below
| Systematic Investment Manager - (futures/options/commodities) – Shanghai, China, AsiaPac | Selby Jennings Singapore (Licence No. 11S3033) 150,000 USD + BONUS BENEFITS | China-Shanghai | 23 May 12 |
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A leading Asian asset management firm with a cross asset futures and options fund based in shangahai is curren...
| Sales Executive Officer | Kelly Services China Negotiable | China-Shanghai | 22 May 12 |
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Our client is a leading FX broker who's now seeking to recruit Sales Executive Officer for its European office...
| Expert of CNY FX Trade | ICBC Competitive | China-Beijing | 21 May 12 |
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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 | 21 May 12 |
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Are you a native mandarin speaker willing to relocate to China and join one of the leading banks, ICBC as an ...
| Treasury Sales / Product Specialist | Robert Walters Shanghai Competitive | China-Shanghai | 21 May 12 |
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This is for a leading foreign bank in Shanghai.
| Head of Metals Trading, China | PSD China Competitive | China-Shanghai | 21 May 12 |
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Top tier European commodities trading house is looking to set up a new office in Shanghai. Strong track record...
| Northern China Team Head, VP, Treasury Sales (FI Group) | Bank of America Merrill Lynch China Open | China-Beijing | 04 May 12 |
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This role will be for Bank of America Merrill Lynch Northern China GTS FI sales team leader.