ABOUT US:
Velocity Clearing began in 2003, providing third-party security locate services. We saw the challenge clients experienced when dealing with multiple companies to reach their goals. We sought to build a streamlined system that integrated all aspects of their trading experience into one full-service firm.
Velocity has since created a robust trading product and service ecosystem including stock locate, securities borrow coverage, clearing infrastructure, competitive financing, in-house trading desk, and full support client services.
- Regulatory Compliance & Advisory
- Provide regulatory guidance to the business divisions covering:
- U.S. equities and options execution
- Futures and derivatives trading
- Market access and electronic routing
- Stock Loan
- Clearance and Settlement
- Interpret and implement regulatory requirements including:
- SEC rules (Reg NMS, Reg SHO, Reg ATS, Rule 15c3-5 Market Access)
- FINRA trading and supervision rules
- CFTC / NFA rules governing futures and swaps
- Exchange rules (NYSE, Nasdaq, Cboe, CME Group, ICE)
- Advise on new product launches, trading strategies, market structure changes, and regulatory developments.
Required Qualifications
- 7+ years compliance experience at a broker-dealer, FCM, exchange, or regulatory body.
- Deep knowledge of:
- U.S. equity and options market structure
- Futures and derivatives trading regulation
- Clearing and prime brokerage frameworks
- Experience interacting with SEC, FINRA, CFTC, NFA, and exchanges.
- Strong understanding of:
- Surveillance systems
- Algorithmic trading governance
- Best execution frameworks
- Market access risk controls
- FINRA licenses: Series 7, 24 required (Series 3 preferred).
Pay: $125,000.00 - $150,000.00 per year
Work Location: In person
