Listed Execution Broker, COEX

Group Overview

TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.

We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

We are seeking an experienced Listed Interest Rates Broker to join our global macro and listed derivatives business. The successful candidate will be responsible for developing institutional client relationships, facilitating execution across listed interest rate products, identifying liquidity, generating trading opportunities, and providing high-quality market intelligence to buy-side and sell-side clients.

The role requires a deep understanding of global rates markets, exchange-traded interest rate products, and the ability to connect market participants efficiently while maintaining the highest standards of compliance, professionalism, and market conduct. Consistent with brokerage responsibilities, the broker will support price discovery, develop new business, and facilitate transactions for clients.

• Build and maintain relationships with hedge funds, asset managers, banks, proprietary trading firms, and institutional investors.
• Generate brokerage revenues through active client coverage and new business development.
• Identify trading opportunities and connect buyers and sellers across global listed rates markets.
• Develop the desk's franchise and expand market share within core products.

• Source and disseminate liquidity across exchange-traded interest rate products.
• Maintain real-time knowledge of market positioning, flows, and pricing.
• Facilitate execution while ensuring fair and orderly market practices.
• Support clients with market color, trade ideas, and relative value opportunities.

Products may include:

• CME SOFR Futures & Options
• Eurodollar Legacy Positions
• U.S. Treasury Futures & Options
• Eurex Euribor Futures & Options
• SONIA Futures & Options
• ICE Gilt Futures & Options
• JGB Futures & Options
• STIR spreads, packs, bundles, butterflies and curve structures

• Adhere to all exchange, regulatory, and internal compliance requirements.
• Maintain confidentiality of client information and trading activity.
• Ensure accurate trade capture, booking, and reporting.
• Demonstrate the highest standards of market conduct and integrity.

• Deep understanding of global interest rate markets.
• Strong knowledge of monetary policy transmission and central bank pricing.
• Thorough understanding of futures, options, spreads, packs, bundles, flies, and curve trades.
• Understanding of exchange delivery mechanics and contract specifications.

• Strong institutional client network.
• Ability to develop new relationships and grow existing accounts.
• Credibility with portfolio managers, traders, and risk managers.
• Excellent communication and negotiation skills.

• Demonstrated ability to generate brokerage revenues.
• Proven business development capability.
• Commercial awareness and entrepreneurial mindset.
• Ability to identify and monetize market opportunities.

• Experience executing large and complex listed rates transactions.
• Strong understanding of exchange market structure.
• Knowledge of electronic and voice execution methods.
• Ability to monitor liquidity and market flows in real time.

• Bloomberg proficiency.
• Familiarity…