Manager - Cash Equities

ASX: Powering Australia's financial markets

Why join the ASX?

When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub. 

Want to know why we are a great place to work, click on the link to learn more.

www.asx.com.au/about/careers/a-great-place-to-work

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines. 

We run critical market infrastructure, with 1 in 3 people employed within technology.  Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive.

The primary objective of this role is to own, drive and support ASX’s Cash Equities offering covering strategy, revenue, market structure initiatives and customer outcomes across ASX Trade.

• The role will work closely with ASX Participants and vendors, trading and execution desks,technology, operations, compliance and commercial teams.
• You will bring strong knowledge of Cash Equities, including order types, trade reporting, execution workflows and the needs of participant trading desks.
• You’ll have the opportunity to contribute to one of Australia’s most important financial market infrastructures.
• You’ll be supported by a close-knit, commercially focused and highly experienced Markets Product and Platform team.

What you’ll do:

• Work within the Markets Product Management team, you will be responsible for owning and delivering product strategy, customer outcomes and commercial (PnL) performance across ASX’s Cash Equities business.
• Shape the Cash Equities product roadmap, including initiatives relating to ASX Trade functionality, market structure, order types, trade types, trading sessions, fee schedules and execution workflows.
• Act as a key product contact for ASX Participants, with regular engagement across trading, dealing, execution and market structure teams.
• Translate participant and customer feedback into clear product requirements, business cases, market analysis and prioritised recommendations.
• Develop a deep understanding of liquidity, execution quality, market data, trading behaviour and participant needs across ASX’s cash equities market.
• Prepare analysis, presentations and briefing material for senior management, internal governance forums, regulators, industry groups and external stakeholders.
• Partner with Technology, Operations, Compliance, Legal, Risk, Sales, Platform and Distribution teams to support delivery of product enhancements and market change initiatives.
• Monitor domestic and international market structure developments and assess implications for ASX’s Cash Equities product offering.
• Support consultation processes, customer communications and implementation planning for changes impacting ASX Participants and cash equities trading workflows.

What you’ve done:

• Demonstrated experience in cash equities trading, execution, market structure, product management, sales trading, operations, technology or a related markets function.

• Strong working knowledge of ASX Trade, including order types, trade types, market phases, execution mechanics and participant trading workflows.

• Established a network across ASX Participants, particularly trading, dealing, execution and market structure desks.

• Experience converting customer insights, data and market observations into commercial recommendations and product outcomes.

• Tertiary qualifications in finance, economics, business, commerce, law, technology or a related discipline.

• Ability to source, interpret and present data-driven analytics to support decision-making, stakeholder engagement and product prioritisation.

• Confident communicator with experience presenting to internal and external stakeholders, including senior management and market participants.

And if you’ve got some of this, even better: 

• Direct experience on, or supporting, a participant trading or execution desk.
• Experience with electronic trading, algorithmic execution, smart order routing, liquidity provision or market making in cash equities.
• Data analytics experience, including SQL, Python, visualisation tools or market data analysis.
• Project delivery experience across trading platform, market structure or regulatory-change initiatives.
• Exposure to working with regulators, industry bodies or formal market consultation processes.

What you need to enjoy and be good at this role:

• A strong customer mindset and the ability to build trusted relationships with participants, trading desks and internal stakeholders.

• Commercial curiosity and a genuine interest in how trading behaviour, liquidity, technology and market structure influence customer outcomes.

• The ability to communicate complex trading, product and market structure topics clearly to technical and non-technical audiences.

• An analytical, data-informed and outcome-focused approach, with strong attention to detail and persistence to follow through.
• A proactive, collaborative mindset with the confidence to influence across teams and represent the voice of the customer.
• A results-driven approach that embodies ASX’s values and supports fair, orderly and transparent markets.

We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at careers@asx.com.au.

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on-boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.