Assistant Trader - Proprietary Options Trading
Salary:
Negotiable + Bonus + Benefits
Location:
Ireland: Dublin City Centre
Duration:
Permanent
Consultant:
John Mullally
JobRef:
1036940
Tel:
+353 (0)1 633 4111
Date posted:
15-Feb-2010
Our client is one of the largest securities trading organizations in the United States and has a staff of professionals devoted to institutional sales, trading, research, and information technology. As a trading entity, the firm 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 organizations.
The Role
Our client offers opportunities to individuals interested in enhancing their quantitative and analytical skills in a fast-paced competitive setting. It operates as a meritocracy and provides 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 the firm.
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 about other positions within financial services, please apply online or contact John Mullally at Robert Walters on +353 (0)1 633 4111 quoting the Job Reference 1036940