Assistant Trader - Algorithmic Trading
Salary:
Negotiable + Bonus + Benefits
Location:
Ireland: Dublin City Centre
Duration:
Permanent
Consultant:
John Mullally
JobRef:
854370
Tel:
+353 (0)1 633 4111
Date posted:
Aug 4, 2009
Susquehanna International Group, LLP (SIG) is one of the largest securities trading organisations in the United States and has a staff of over 1,200 professionals devoted to institutional sales, trading, research and information technology. Formed in 1987 with a staff of 25, SIG has evolved into a global organisation active in the markets of over 20 countries on 5 continents. They currently have offices in Philadelphia, Bala Cynwyd, New York, Boston, Chicago, San Francisco, Sydney, and Dublin.
As a trading entity, SIG is a true leader. In aggregate, they currently represent up to 10% of listed equity option trading, 3% of all New York and American Stock Exchange listed equity volume, and 2% of NASDAQ volume. Their customers and competitors alike view them as one of the world’s premier trading organisations.
Summary
SIG offer opportunities to individuals interested in enhancing their quantitative and analytical skills in a fast-paced competitive setting. They operate as a meritocracy and provide opportunities to individuals based on competency, initiative and drive. Assistant Traders spend supervised time working on a domestic exchange floor or trading desk. Assistants are reviewed regularly, and based on their performance, may be invited to enter the formal training program to become traders for SIG.
Assistant Trader Responsibilities
Analysis & Flow of Market Information
Follow daily reports of dividends, earnings and news. Disseminate information to floor traders and produce reports for risk managers.
Adjustment of Markets
Input system parameters to generate quotes. Base analysis on theoretical models, customer order flow and interaction with traders and brokers.
Management of Market Maker Books
Assist the market maker in maintaining an orderly market by matching trades, maintaining positions and calculating Profit & Loss.
Requirements
• Exceptional quantitative and analytical skills
• Strong computer skills
• An interest in financial markets
• A team orientation with the confidence to act autonomously
Salary: Negotiable + Bonus + Benefits
If you would like to apply for this role or find out more, please apply or contact John Mullally at Robert Walters on +353 (0)1 633 4111 quoting the job reference 854370