Hero

Careers

Search Available Jobs

Summer Intern 2023 - Securities Lending in New York, NY at TradeStation

Date Posted: 3/24/2023

Job Snapshot

Job Description


Who We Are:
TradeStation is an online brokerage firm seeking to level the playing field for self-directed investors and traders, empowering them to claim their individual financial edge. At TradeStation, we're continuously pushing the boundaries of what's possible, encouraging out-of-the-box thinking and relentless search for innovation. 

What We Are Looking For:
At TradeStation, our interns are key players in our daily innovation and have the opportunity to make big contributions.  We use advance technologies to provide our customers with enhanced market analysis tools, order execution and educational resources.

Intern projects include working with various teams in the Securities Lending department to assist with ongoing work responsibilities and projects. In this role the intern will be responsible for securities lending conduit trading assistance across multiple domestic asset classes, covering client short positions, approving short locates, monetizing Fully Paid Lending positions and identifying arbitrage opportunities related to effective cash management opportunities. This is an excellent opportunity learn from a high-energy, entrepreneurial culture that values individuals who exhibit a strong work ethic, a willingness to learn and desire to achieve maximum results.

What You'll Be Doing:
  • Work closely with other Securities Lending flow traders and help drive revenue, trading commissions, financing revenues and short balances
  • Work closely with Business Management and Technology teams to identify enhancements that will streamline the workflow and enhance the client experience
  • Liaise with back and middle office teams on issues such as settlement, control, P&L, and regulatory, etc.
  • Identify market trends with a focus on capitalizing on market events
The Skills You Bring:
  • Strong analytical skills
  • Strong oral and verbal communication skills
  • Results-oriented mindset; interns will be solving real problems
  • Willingness to work as a team to achieve results
  • Eager to share with and learn from others
Minimum Qualifications:
  • Currently pursuing a Bachelor’s or Master’s degree
  • Strong Excel experience with pivot table knowledge is required; ability to convert text file reports into Excel files would be helpful
  • Experience with other Microsoft products (Word and PowerPoint)
Desired Qualifications:
  • Basic understanding of the securities and crypto industries

CHECK OUT OUR SIMILAR JOBS

  1. Financial Analyst Jobs
  2. Investment Analyst Jobs