- Tokai
- Salary: Market Related
- Job Type: Permanent
- Sectors: Investment Finance Stockbroking
- Reference: Junior Derivatives Trader
Vacancy Details
Purpose of the Role
An exciting opportunity for a junior trader to join a dynamic Derivatives Trading team. This role offers incredible growth potential and exposure to financial markets, making it ideal for an individual eager to build a career in the derivatives market. The candidate will work alongside senior traders, gaining hands-on experience in all aspects of trading, with the goal of becoming an independent and capable trader.
Key Responsibilities
- Trading Support: Work closely with senior traders to understand and support the day-to-day trading process. This includes learning how trades are executed, how strategies are developed, and how risk is managed.
- Market Intelligence: Provide high-quality, asset-class-specific market intelligence to clients, helping them make informed decisions in the derivatives market.
- Proactive Revenue Generation: Focus on generating revenue by identifying market opportunities, taking the initiative, and proactively engaging with clients and market developments.
- Order Execution: Manage and execute orders with precision, ensuring each trade is handled with accountability and professionalism.
- Research & Analysis: Generate and distribute market intelligence and ongoing research reports to support the trading desk. Develop bespoke research products and new trading ideas.
- Client Interaction: Participate in client meetings, answering queries and providing updates on market conditions and trading opportunities.
- Team Collaboration: Engage in team discussions, attend morning meetings, and collaborate on strategies to ensure effective execution and a cohesive working environment.
Candidate Requirements
Required Qualifications
- Tertiary qualification with a solid understanding of Statistics and Economics.
- Completion of the JSE trading exams (RPE) is advantageous.
- Strong Excel skills; any additional programming skills (e.g., Python, VBA) are a bonus.
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