This section contains all our foreign exchange jobs ('FX' or 'forex'), including sales, trading, structuring and investing. FX jobs crop up in investment banks, trading houses, asset managers, hedge funds, commercial banks and corporates (companies). Within companies, corporate treasury departments manage the organisation's exposure to changes in exchange rates.
Fundamentally, forex jobs and money broker jobs are all about predicting how economic factors and or government intervention cause currencies to rise in value (appreciate) or fall in value (depreciate) against one another.
Within investment banks, FX traders typically focus on trading currency pairs, the most common of which are: the US dollar and the Japanese Yen; the Euro and the US dollar; the US dollar and the Swiss franc; and the British pound and the US dollar.
A large proportion of FX trading is comprised of so-called 'spot trading,' where currencies are bought and sold for immediate deliver. Equally, however, a significant proportion of FX trading jobs involve derivatives such as futures - products in which contracts are exchanged agreeing to trade one currency for another for a specified price at a particular point in the future, as well as swaps and options. Most currency derivatives are highly liquid and traded on major exchanges. However, FX derivative products are also traded over the counter (OTC), bilaterally, between individual buyers and sellers without going through exchanges.
Most FX trading takes place electronically using electronic execution platforms that allow banks and corporate clients to place foreign exchange trades online, without having to place them through actual human traders.
Sales jobs and careers in FX are typically divided into different client types. For example, some salespeople will focus on selling FX products to hedge funds. Others will focus on selling FX products and electronic trading systems to private clients, asset managers, pension funds or corporates.
This section also contains our money market jobs. Money markets are markets for short term fixed income investments of less than one year. Products traded in money markets are very liquid and can typically be bought and sold quickly and easily, meaning they're considered very low risk and similar to cash. So-called money market funds invest in products such as government bonds. However, in a climate of sovereign debt defaults these may prove far less safe and liquid than they're supposed to be.
Money market careers can include, for example, repo trading roles, in which holders of government securities sell them on to a counterparty, but agree to buy them back for a specified price at an agreed date no more than 30 days in the future.
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|FX algorithmic trader - world leading hedge fund - Dubai||Cobalt Recruitment 'Above Market' package (Tax Free) + unca...||UAE-Dubai||22 May 13|
My Client a world's leading Hedge Fund is looking for a FX algorithmic trader to join their world class Tradin...
|FX Trader/Market maker - Tier 1 investment Bank - Dubai||Cobalt Recruitment 'Above Market' package (Tax Free) + unca...||UAE-Dubai||21 May 13|
My Client a Tier 1 investment Bank is looking for a FX Trader/Market maker with at least seven years experienc...
|FX Sales Specialist||Elgin White 750,000 - 1000,000 ZAR OTE||South Africa-Johannesburg||20 May 13|
My client is seeking a highly motivated, financially astute and experienced sales person to join their rapidly...
|Product Manager [Wealth Management & Fee Based Products]||Emirates Islamic Bank Competitive||UAE-Dubai||12 May 13|
Since its establishment in 2004, Emirates Islamic Bank has offered a range of exciting career opportunities fo...
|MENA Regional Head of Financial Institutions||McGregor Boyall Excellent Tax Free Package and Bonus Sch...||UAE-Dubai||09 May 13|
A leading Financial Institution is looking for a MENA Head of Financial Institutions. This is an exciting oppo...
|TREASURY MANAGER||Reeg Global UAE AED35000 - AED50000 per month + airticke...||UAE-Dubai||07 May 13|
Treasury Manager required to join a leading local UAE bank in Dubai.
|Treasury - Head of Abu Dhabi Sales||First Gulf Bank Competitive||UAE-Abu Dhabi||02 May 13|
DO YOU WANT TO WORK FOR THE FASTEST GROWING BANK IN THE MIDDLE EAST THAT HAS A CLEAR VISION FOR ITS FUTURE?
|FX / Commodities – Arabic speakers only||Swisslinx AG Competitive||Bahrain-Manama||28 Mar 13|
On behalf of our client, a large International Financial Institution, Swisslinx is currently seeking a FX / Co...