Job Description
We are expanding our trading team and seeking experienced Traders who specialize in mid-frequency trading strategies. The selected candidates will play a pivotal role in executing trading strategies with a focus on low risk and no delta positions, particularly in Conversion Reversal, Box, and Butterfly strategies.
KRA
Strategy Execution:
- Execute mid-frequency trading strategies using approved software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) to achieve optimal results.
- Implement strategies that maintain no delta positions and adhere to low-risk trading principles.
Market Analysis and Research:
- Conduct thorough market analysis and research to identify trading opportunities based on market trends, volatility, and options pricing dynamics.
- Stay updated with market news, economic indicators, and geopolitical events that may impact trading strategies.
Risk Management:
- Manage trading risks effectively by implementing robust risk management techniques and adhering to internal risk limits.
- Monitor portfolio exposure and adjust trading strategies as necessary to mitigate risks.
Software Utilization:
- Utilize approved trading software (Greek, Omneysys, Utrade, Multitrade, XTS) proficiently to execute trades, analyze market data, and manage positions.
- Provide feedback and suggestions for software enhancements or additional tools that could improve trading efficiency.
Performance Monitoring and Reporting:
- Track and evaluate trading performance metrics including profitability, risk-adjusted returns, and trading costs.
- Prepare regular reports and presentations on trading activities and performance for review by senior management and stakeholders.
Requirements
- Bachelor’s degree in Finance, Economics, Mathematics, or related field. Advanced degrees (e.g., MBA, CFA) preferred.
- Minimum 5 years of experience as a Trader or Senior Trader in a brokerage firm or financial institution, with a strong background in mid-frequency trading strategies.
- Proven track record of executing Conversion Reversal, Box, and Butterfly strategies with an emphasis on low risk and no delta positions.
- Experience trading with substantial margins (more than 20 crores).
- Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.