Our client is a fast-growing proprietary trading firm in Hong Kong. We are looking for a Delta One Trader to join their dynamic team. This role will focus on capturing arbitrage opportunities and managing short-term Greeks.
Key Responsibilities
- Assist senior traders in the daily risk management and P&L oversight of the Delta One portfolio, including commodities, ETFs, futures, and total return swaps across global exchanges.
- Generate and execute trade ideas, monitor real time positions, and hedge delta/vega/gamma exposure as market conditions shift.
- Work alongside quantitative researchers and software engineers to improve execution tools, backtest signals, and automate routine processes.
- Identify relative value and arbitrage opportunities in cash/futures/swap markets, and propose new strategies to grow the desk.
- Keep the team informed of significant market moves, liquidity changes, and flow patterns; contribute to daily market commentary.
- Take full responsibility for your own risk limits, trade records, and continuous learning.
Key Requirements
- 1-5 years of experience in Delta One products (equities or commodities strongly preferred; other asset classes will be also considered).
- Open to Candidates with no direct trading P&L responsibility but who possess deep Delta One product knowledge (e.g., ex-Markets or Structuring analysts).
- Fluent English is mandatory. Mandarin is a plus.
- Basic scripting skills (Python, R, or similar) for data analysis and idea testing is a bonus
- Strong understanding of total return swaps, ETFs, futures, and basket trading.
- Strong trading sense, the ability to read liquidity, and market intuition to drive decisions
If you would like to find out more, please submit your CV (English), or call us on +852 36199860.