27 Aug
|
Rahane One Private
|
India
27 Aug
Rahane One Private
India
Algorithmic Trader
We are seeking an Algorithmic Trader with strong expertise in finance and quantitative strategies to play a key role in establishing and scaling our trading desk. The ideal candidate will design, develop, and optimize trading algorithms and strategies for multiple asset classes. This role offers a unique opportunity to be involved in the inception of a trading desk, contributing to its core infrastructure and strategy development.
Key Responsibilities:
Algorithm Development:
- Design, implement, and optimize low-latency, high-frequency trading algorithms.
- Develop and back-test quantitative trading strategies using historical and real-time data.
Data Analysis & Strategy:
- Analyze large datasets to identify market patterns and opportunities.
- Collaborate with quant researchers to translate financial models into executable algorithms.
- Continuously improve strategy performance through robust research and testing.
- Design systematic options strategies, primarily for index options.
- Statistical and mathematical reasoning to evaluate strategies.
- Review backtest results and support forward testing, and live deployment of algo strategies.
Infrastructure Development:
- Build and maintain trading infrastructure, including order management systems. PnL monitoring system and market connectivity.
- Ensure the reliability and scalability of trading systems.
- Collaborate with IT and operations teams to ensure seamless integration of systems.
RiskManagement:
- Implement robust risk controls within algorithms to minimize operational and financial risks.
- Monitor and analyze algorithmic performance, ensuring compliance with regulatory standards.
Qualifications:
- Programming Languages: basic knowledge in Python, ability to write clean, optimized, and well-documented code.
- Trading Platforms s APIs: Experience with algorithmic trading platforms such as FIX,
Interactive Brokers API, or custom APIs will be an add on.
- Experience in Nifty, Bank Nifty, or Sensex derivatives.
- Strong understanding of options, payoff structures, probability, drawdowns, and risk management.
- Experience and proficiency in MTQuant, AlgoTest, and trade algo , tradetron , utrade algo is required.
- Ability to convert market behaviour into structured, testable trading logic.
Market Understanding:
- Basic knowledge of financial markets, instruments, and trading mechanics.
- Understanding of market microstructure, including order books and trade execution.
- Understanding of financial instruments (futures, options, FX, etc.) and electronic trading workflows.
- Markets Knowledge - Indian Equity Derivatives (NSE)
Index Options: Nifty 50, Bank Nifty, FINNIFTY, Sensex
Index Futures Stock Futures & Options
Cash Equity (for hedging and strategy execution)
Additional Ǫualifications:
- Bachelor’s or Master’s degree in Computer Science, Finance, Mathematics, or a
- related field.
- 2+ years of experience in algorithmic trading, quantitative research, or related roles.
- Strong analytical skills and attention to detail.
- Excellent communication and collaboration skills.
- Ability to thrive in a fast-paced, entrepreneurial workplace.
What We Offer:
- Competitive compensation package, including performance-based incentives.
- Opportunity to work on cutting-edge technology in a high-growth environment.
- Exposure to multiple asset classes and global markets.
- Collaborative and entrepreneurial culture.
- Professional development opportunities, including training and certifications.
Pay: ₹30,000.00 - ₹70,000.00 per month
Benefits:
- Food provided
Application Question(s):
- How Much experience do you have in Algorithmic Trading?
- What is your current Salary?
- What is your salary expectation?
- How much is your notice period?
Work Location: In person
📌 Algorithmic Trader (India)
🏢 Rahane One Private
📍 India