Stokhos - Derivative/Algorithmic Trader

4 weeks ago


Noida, India Stokhos Research Capital LLP Full time

Job Description : Derivative/Algorithmic Trader

Company: Stokhos Research Capital LLP

Location: Urbtech Trade Centre, Noida Sector 132

Salary: INR 15-18 LPA + Incentives

Working Hours: Monday to Friday, 8:00 AM to 4:00 PM (Full-Time)

Work Mode: Onsite

Experience: Minimum 2 years

Job Responsibilities:

- Develop and implement algorithmic trading strategies for derivative products in accordance with company guidelines and market conditions.

- Utilize quantitative models and statistical techniques to analyze market data and identify trading opportunities.

- Execute trades autonomously or in collaboration with trading desks to achieve optimal results.

- Monitor algorithmic performance, conduct back-testing, and refine strategies to enhance profitability and mitigate risks.

- Stay updated with market developments, regulatory changes, and technological advancements in algorithmic trading.

- Collaborate with research analysts and developers to enhance trading algorithms and implement new strategies.

- Maintain comprehensive documentation of trading strategies, algorithms, and performance metrics.

- Ensure compliance with NISM-VIII certification requirements and other regulatory Minimum 2 years of experience as a Derivative or Algorithmic Trader in financial markets.

- Post-graduation in Finance, Economics, Mathematics, Computer Science, or a related field.

- NISM-VIII certification is mandatory.

- Proficiency in algorithmic trading techniques, quantitative analysis, and risk management.

- Strong programming skills (e.g., Python, R, MATLAB) and experience with algorithmic trading platforms.

- Proven track record of successful algorithmic trading performance and risk management.

- Ability to thrive in a fast-paced, data-driven environment with strong analytical and problem-solving skills.

(ref:iimjobs.com)

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