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.
Show more » « Show less
|Regulatory Compliance Liaison||FX Alliance, LLC DOE||New York City, NY||24 May 13|
The Regulatory Compliance Department is looking for a candidate with strong regulatory compliance skills. The ...
|Director, Product Manager||FX Alliance, LLC Competetive||New York City, NY||24 May 13|
Director, Buy Side Trading Workflow Product Manager
|FX CASH MANAGER||BNP Paribas Investment Partners Competitive||New York City, NY||24 May 13|
Fischer Francis Trees & Watts, Inc. (FFTW) is a specialist manager of US and global fixed income portfolios fo...
|Trading Systems Support Analyst||Futures Group IT, LLC Based on years of experience||New York City, NY||22 May 13|
If interested, send resumes to firstname.lastname@example.org or call Matt at 212-244-4220 for more informatio...
|eFX Sales||Not Disclosed $200000 - $280000 per annum||New York City, NY||21 May 13|
My client is a top tier investment bank based in the New York that is looking for a strong and driven eFX sale...
|VP/Director, Rates Trader - Exotic Interest Rates Trading||OCG - Obtain Consulting Group Competitive||New York City, NY||20 May 13|
My client is a Tier One investment bank who are looking to expand their Interest Rates Exotics Trading Desk. T...
|Investment Banking FX Project Manager/Business Analyst||Michael Page International - US Competitive||New York City, NY||17 May 13|
Leading Investment Bank in NYC is seeking a hybrid business analyst, testing and project managemer within the...
|FX Quality Assurance (QA) Tester Job||Bloomberg Negotiable||Manhattan, NY||17 May 13|
FX Quality Assurance (QA) Tester
|Director/MD, Institutional Credit Sales, Bulge Bracket Bank||Michael Page International - US $Base plus $Bonus||New York City, NY||15 May 13|
Our client is a Bulge Bracket Bank. They are looking for an MD/Director Credit Salesperson, to market Credit p...
|Vice President, Product Specialist, Indices||Markit Commensurate with your experience||New York City, NY||15 May 13|
As the team lead for the Structured Finance Indices, a successful candidate will be on the front lines of all...
|Emerging Markets Rates Analyst - Jersey City||Analytic Recruiting Inc. Competitive comp||Jersey City, NJ||14 May 13|
Large Asset Management Firm located in Suburban NYC is looking for an expert in emerging markets rates analysi...
|FX sales||GW Search $300,000||New York City, NY||10 May 13|
Our client is a leading International Investment Bank located in the US who require a Head of FX Sales to focu...
|Sales Specialist - Corporate Treasury||Thomson Reuters Not Specified||New York City, NY||09 Apr 13|
Overview: The Corporate Treasury Sales Specialist will be responsible for the development of new treasury sal...
|Director, Asian Corporate FX Sales||APA International Placement Consultants $190K||New York City, NY||08 Apr 13|
**For a complete listing of all our jobs, please visit www.apaintl.com**
|FX Electronic Trading Integration Specialist Job||Bloomberg Negotiable||Manhattan, NY||15 Mar 13|