Primarily responsible for global convertible bond trading (includes some off-hour and holiday trading of overseas markets) as well as trading in other asset classes (equities, derivatives, fixed ...
Primarily responsible for global convertible bond trading (includes some off-hour and holiday trading of overseas markets) as well as trading in other asset classes (equities, derivatives, fixed ...
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Trader/Quant Analyst
Stamford, NY · On-site
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Trader/Quant Analyst
Stamford, NY · On-site
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Associate, Convertible Bonds Trader
New York, NY · Hybrid
$150K - $170K/yr
Trader on the Convertible Bonds Trading Desk. Will be responsible for market making, hedging, client runs management, valuation analysis, trade executions & settlement, running p/l, and other trading ...
Associate, Convertible Bonds Trader
New York, NY · Hybrid
$150K - $170K/yr
Trader on the Convertible Bonds Trading Desk. Will be responsible for market making, hedging, client runs management, valuation analysis, trade executions & settlement, running p/l, and other trading ...
S., as well as the IEST (Cash Equity), and Convertible Bond Trading desk. What You'll Do * Be the primary market risk management lead for the Metals Trading business (Base and Precious metals) as ...
S., as well as the IEST (Cash Equity), and Convertible Bond Trading desk. What You'll Do * Be the primary market risk management lead for the Metals Trading business (Base and Precious metals) as ...
S., as well as the IEST (Cash Equity), and Convertible Bond Trading desk. What You'll Do * Be the primary market risk management lead for the Metals Trading business (Base and Precious metals) as ...
S., as well as the IEST (Cash Equity), and Convertible Bond Trading desk. What You'll Do * Be the primary market risk management lead for the Metals Trading business (Base and Precious metals) as ...
Blackstone Multi-Asset Investing (BXMA) -Equity Capital Markets, Associate
New York, NY · On-site
$150K - $175K/yr
Valuation & Trading: Leverage expertise in convertible bond valuation and trading to support deal execution and risk management. * Hedging Strategies: Develop and implement hedging strategies for ...
Blackstone Multi-Asset Investing (BXMA) -Equity Capital Markets, Associate
New York, NY · On-site
$150K - $175K/yr
Valuation & Trading: Leverage expertise in convertible bond valuation and trading to support deal execution and risk management. * Hedging Strategies: Develop and implement hedging strategies for ...
The developer will also be responsible for framework development and new API implementation across multiple Cash Equities single stock, option, convertible bond and program trading applications.
The developer will also be responsible for framework development and new API implementation across multiple Cash Equities single stock, option, convertible bond and program trading applications.
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds Strong understanding of high‑touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds Strong understanding of high‑touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Products range from vanilla options to more complex aka "exotic" or structured payoffs, convertible bonds, and equity-collateralized margin loans. The Corporate Equity Derivatives Trading team is ...
Products range from vanilla options to more complex aka "exotic" or structured payoffs, convertible bonds, and equity-collateralized margin loans. The Corporate Equity Derivatives Trading team is ...
Risk Manager
New York, NY · On-site
$175K - $275K/yr
Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...
Risk Manager
New York, NY · On-site
$175K - $275K/yr
Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...
Risk Manager
$175K - $275K/yr
Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...
Risk Manager
$175K - $275K/yr
Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...
Equities Trade Support
Manhattan, NY · On-site
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds · Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Equities Trade Support
Manhattan, NY · On-site
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds · Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds * Strong understanding of high touch trading workflows, FIX protocol, OMS platforms , IOI processing, market ...
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds * Strong understanding of high touch trading workflows, FIX protocol, OMS platforms , IOI processing, market ...
Equity Research Analyst
Chicago, IL · On-site +1
A successful candidate will work closely with options traders to capitalize on event-driven ... convertible bonds and earnings * Develop proprietary tools and models to systematically identify ...
Equity Research Analyst
Chicago, IL · On-site +1
A successful candidate will work closely with options traders to capitalize on event-driven ... convertible bonds and earnings * Develop proprietary tools and models to systematically identify ...
Stocks ETFs Convertible Bonds Listed Options Futures Preferred Treasury Interest Rate Swaps Credit Agency Municipals FX Qualifications E-trading/ ELECTRONIC COMMUNICATIONS NETWORK (ECN ) experience ...
Stocks ETFs Convertible Bonds Listed Options Futures Preferred Treasury Interest Rate Swaps Credit Agency Municipals FX Qualifications E-trading/ ELECTRONIC COMMUNICATIONS NETWORK (ECN ) experience ...
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds * Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds * Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Equities Trade Support Analyst
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds · Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Quick apply
Equities Trade Support Analyst
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds · Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Financial Operations Associate, Corporate Actions
Chicago, IL · On-site
$120K - $150K/yr
Deep asset class knowledge across equities, swaps, corporate bonds, convertible bonds, etc. * Strong project management and business analysis experience within trade operations. * Experience ...
Financial Operations Associate, Corporate Actions
Chicago, IL · On-site
$120K - $150K/yr
Deep asset class knowledge across equities, swaps, corporate bonds, convertible bonds, etc. * Strong project management and business analysis experience within trade operations. * Experience ...
Convertible Bond Trader information
See salary details
$49.5K - $52.2K
7% of jobs
$52.2K - $54.9K
11% of jobs
$57.2K is the 25th percentile. Wages below this are outliers.
$54.9K - $57.5K
9% of jobs
$57.5K - $60.2K
9% of jobs
$60.2K - $62.9K
9% of jobs
The median wage is $64.5K / yr.
$62.9K - $65.6K
11% of jobs
$65.6K - $68.3K
9% of jobs
$68.3K - $71K
9% of jobs
$72K is the 75th percentile. Wages above this are outliers.
$71K - $73.6K
9% of jobs
$73.6K - $76.3K
11% of jobs
$76.3K - $79K
9% of jobs
$49.5K
$65K
$79K
How much do convertible bond trader jobs pay per year?
What are the key skills and qualifications needed to thrive in the Convertible Bond Trader position, and why are they important?
To thrive as a Convertible Bond Trader, you need strong analytical skills, a deep understanding of fixed income and equity markets, and typically a relevant degree in finance, economics, or a quantitative field. Familiarity with trading platforms such as Bloomberg, proficiency in Excel or programming languages like Python, and certifications like CFA can be advantageous. Excellent communication, decision-making under pressure, and strong teamwork skills help you effectively manage trades and client relationships. These competencies are essential for identifying market opportunities, managing risk, and delivering value in the fast-paced world of convertible bond trading.
What are the typical daily responsibilities of a Convertible Bond Trader?
Convertible Bond Traders are responsible for analyzing market trends, executing trades, and managing risk within their portfolio of convertible securities. A typical day often involves monitoring market news, pricing bonds and related derivatives, liaising with sales teams and clients, and adjusting trading strategies in response to market movements. Collaboration with research analysts and risk managers is common to ensure informed decision-making. Traders must also regularly provide market insights and performance reports to management. This role is fast-paced and requires the ability to respond quickly to shifting market conditions.
What does a Convertible Bond Trader do?
A Convertible Bond Trader buys and sells convertible bonds, which are hybrid securities that can be exchanged for a company's stock. They analyze market conditions, pricing inefficiencies, and risks to capitalize on trading opportunities. Their role involves managing positions, hedging risks, and leveraging arbitrage strategies to maximize returns. Traders often work closely with research analysts and sales teams to interpret financial data and execute trades efficiently.
Full-time
Re-posted 2 days ago
Job description
Maganti IT Resources LLC
Title: Trader
Location: Dallas, TX
Type: Permanent
Job description:
Working closely with Boston-based convertible team this position is responsible, under direction, for executing global convertible bond trades authorized by portfolio managers or senior traders.
Job requirement:
REPORTING RELATIONSHIP: Reports directly to Senior Trader.
Primarily responsible for global convertible bond trading (includes some off-hour and holiday trading of overseas markets) as well as trading in other asset classes (equities, derivatives, fixed income), as needed
Managing positions via contracts for difference (CFD) and total return swaps (TRS)
Sourcing and monitoring borrow
Effectively managing sell-side trading relationships
Assisting with trade origination and trade settlement
Monitoring position data for accuracy and compliance
*$10k of the bonus is restricted stock options
Identifying procedural deficiencies then working to resolve them
Reading, analyzing and interpreting relevant periodicals, professional journals, or technical procedures
Writing reports and business correspondence
Effectively presenting information and respond to questions
Solving practical problems and dealing with a variety of concrete variables in situations where only limited standardization exists
Interpreting a variety of instructions furnished in written, oral, diagram or schedule form
Detail-oriented, thorough; does not make errors
Required qualification:
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)
Advanced proficiency with Bloomberg, Kynex, and Excel
Familiar with order management systems and desktop trading platforms
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time
Other asset classes (equities, fixed income, derivatives) trading experience
equired qualification:
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)
Advanced proficiency with Bloomberg, Kynex, and Excel
Familiar with order management systems and desktop trading platforms
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time
Other asset classes (equities, fixed income, derivatives) trading experience
Please help pass along to colleagues or associates below position who are looking for new role if you are not available.
For further details contact me at
chaitanya (at) mitresource (dot) com
Thank you for your time.