OCTA MARKETS CYPRUS LTD
Limassol, Cyprus
The Head of Reception, Transmission, and Execution is responsible for overseeing the firm’s processes for receiving, transmitting, and executing client orders in compliance with CySEC regulations, MiFID II requirements, and internal policies. This role combines strategic oversight with hands-on management of trading operations, ensuring best execution, transparency, and client protection while aligning with the firm’s risk appetite and business objectives.
Key Responsibilities:
Order Reception & Transmission:
Overseeing the receipt of client orders via trading platforms (e.g., MT4/MT5, other proprietary systems), phone, or other approved channels.
Ensuring orders are transmitted promptly and accurately to liquidity providers, execution venues, or internal dealing desks as per the firm’s model (e.g., STP, market maker).
Maintaining and updating the Order Transmission Policy, detailing workflows, latency tolerances, and contingency plans...