Derivatives Trader

Company Overview

Manu Stock Broking Pvt. Ltd. is a prominent financial services company based in Kolkata, West Bengal. Specializing in equities, futures, and currency trading, we provide a seamless and efficient trading experience on major exchanges like the Bombay Stock Exchange and National Stock Exchange. Our commitment to delivering fast and reliable services, paired with real-time support throughout trading hours, makes us a preferred choice in the financial services industry.

Job Overview

We are seeking a highly skilled and experienced Derivatives Trader to join our team in Kolkata. This is a full-time, senior-level position requiring 7 to 10 years of relevant work experience. The ideal candidate will possess a deep understanding of derivatives trading and excel in quantitative analysis, risk management, and algorithmic trading strategies. Join us to leverage your expertise in a dynamic trading environment.

Qualifications and Skills

• Proven experience in derivatives trading, with a minimum of 7 years working in a fast-paced financial environment.
• Strong proficiency in quantitative analysis to identify trading opportunities and forecast market trends effectively.
• Expertise in risk management practices to mitigate exposure and safeguard returns.
• Proficient in Excel VBA to automate trading processes and enhance data analysis capabilities.
• Thorough knowledge of futures and options trading to execute effective market strategies.
• Ability to conduct comprehensive market trend analysis for informed decision-making in derivatives trading.
• Prior experience in using Greek Terminal, Symphony, and Odin algo systems.

Roles and Responsibilities

• Analyze and interpret market data to make informed trading decisions in the derivatives market.
• Develop and implement risk management strategies to protect trading positions and maximize profitability.
• Create, test, and refine algorithmic trading models to increase trading efficiency and reduce manual interventions.
• Collaborate with cross-functional teams to gather insights and refine trading strategies accordingly.
• Maintain and enhance trading systems and tools, ensuring they are efficient and up-to-date with market changes.
• Monitor and report on trading activity to senior management, providing insights and recommendations for improvement.
• Stay updated with financial regulations, market conditions, and new trading technologies to maintain a competitive edge.