ETF & Options Trader

Our client is a global quantitative trading firm and an established market maker on exchanges across Asia, Europe and the US. Alongside the prop business, they also run a fast-growing quantitative asset management arm, and they hire traders for both. They're building out ETF / index options trading in APAC and want someone who already runs a book to join.

Responsibilities

• Trade ETFs / index and single-stock options across APAC markets
• Manage volatility surfaces, hedging and inventory risk for your book
• Identify and develop new trading opportunities and sources of edge
• Work closely with quantitative developers to design, automate and improve trading strategies on the firm's in-house low-latency infrastructure
• Monitor and analyse trading performance, P&L and risk on a daily basis

Requirements:

• 3+ years of experience trading ETFs or listed options at a market maker, fund, proprietary trading firm or bank flow desk
• Strong understanding of options pricing, volatility surfaces and risk management, with the ability to attribute P&L by Greek and by venue
• Working knowledge of ETF creation/redemption, basket hedging or skew dynamics in at least one Asian market
• Programming skills in Python or similar, sufficient to research and test trading ideas
• Track record of profitable trading and the ability to discuss it in detail
• Not suitable: pure discretionary with no automation, or only ever executed for clients.

*Candidates with a mid-frequency or systematic trading background are also encouraged to apply. In addition to its proprietary trading business, the firm recruits options and ETF traders for its asset management arm, where longer-horizon strategies may be a stronger fit.