Flow Traders
Graduate Trader
Are you interested in executing trades, developing innovative strategies and applying AI or machine learning techniques to the financial markets? Looking for a career that allows you to be on the edge of your seat while making decisions? Keep on reading! This full-time role offers the training necessary for you to become a successful Trader at our world-renowned trading firm.
Flow Traders is at the intersection of finance, cutting-edge technology and scientific research. Financial markets have rapidly shifted from trading in the pit to algorithmic trading, and our business model has made us an entrepreneurial and competitive firm in the FinTech space.
As a Trader, you manage and optimize our daily positions (pricing and trading) in a wide range of financial products including ETPs, bonds, derivatives, FX, crypto’s and other complexly structured products. You will work with the Traders on your desk to formulate innovative trading strategies, while also developing models and tools in collaboration with our technology teams. This team-driven mindset when creating trailblazing strategies is what allows us to capitalize on opportunities swiftly and efficiently.
All Graduate Traders will begin with an extensive 3-4 month onboarding program, during which they will learn about our core business, the financial products we trade, and the mathematics behind their pricing. You will also go through trading simulations and quantitative classes given by our Senior Traders. The job starts in March, June, September and December.
Onboarding
As we do not expect you to have any far-reaching trading or finance knowledge upfront, we offer you an extensive onboarding program of 3 months. You will learn about our core business, the financial products we trade and the mathematics required to price them. You will also go through trading simulations and quantitative classes given by our Senior Traders. Gradually, you will take on more responsibilities, start monitoring markets, making split-second portfolio adjustments, and you will finish your onboarding program with a real trading project with other graduate Traders.
After your onboarding, you will be assigned to a trading desk based on your skills and interests. From that moment on you will start developing into one of the following trading areas:
Spread Trading
Focus on pricing challenging financial products that require impeccable risk/reward trading decisions.
As a Spread Trader, you will use statistical models to price and capitalize on expected price movements of a wide range of asset classes. This form of arbitrage is often less speed dependent. The edge comes from determining the true price of these products better than the rest of the market. You will constantly evaluate the risk/reward associated with your trades and positions based on robust statistical analysis combined with years of trading experience.
Quantitative Trading
Focus on applying Mathematics, Statistics, Probability Theory, Machine Learning techniques (e.g. deep neural networks) to create profitable trading strategies.
As a Quantitative Trader, you will work in a team consisting of Quantitative Traders, Traders and Quantitative Researchers to optimize existing trading strategies while learning how to ultimately develop your own trading ideas. You will back test, optimize and implement it in the trading engine to convert simulation results to a profitable trading strategy. Interest in Machine Learning Techniques and AI, experience is an advantage;
Tech Trading
Focus on optimizing our trading software in close collaboration with our Product Managers and Software Engineers. You will lead the process of the development of new tools that will improve several trading desks on the trading floor.
As a Technical Trader, you will use in-depth knowledge of market structure and algorithms to create strategies and setups that enable us to trade a large range of products effectively. You will create new approaches to automate trading and develop setups that resemble the strategic approaches of a screen Trader, allowing us to trade orders of magnitude faster, and in many more assets than would be possible with manual trading. Finally, you will provide guidance to our development department regarding the continuous development of our in-house trading software, using experience obtained from analyzing our automated trading, to improve our trading strategies.
Screen Trading
Continuously quoting bid and ask prices and making split second decisions based on movements in the market.
As a Screen Trader, your primary responsibility is to act as a market maker in a group of products. This can be based on high frequency trades on exchange, or requesting one of our counterparties to show a price off exchange. By offsetting all the different flows you will try to optimize the spread between buy and sell prices. In order to do this as efficiently as possible, we continuously have to improve on all fronts, for example developing new pricing models.
Requirements
· University degree, preferably in Mathematics, Statistics, Econometrics, Engineering, Finance, Technology or related;
· Demonstrable interest in trading and global financial markets;
· Keen interest in IT systems, and an affinity for development languages (C, C++, Python, JAVA, or similar);
· Innovative & creative high potential with excellent mental arithmetic and analytical skills;
· Competitive, communicative and able to deliver under pressure;
· A distinct ability to spot arising opportunities and the assertiveness to seize them;
· Fluent in English;
· Maximum of three years’ work experience.
We Offer
We like to think that talent grows at Flow and stays at Flow. To ensure this, we provide our employees with a great, non-hierarchical working environment with many opportunities and fantastic perks, such as:
· Competitive salary and annual discretionary bonus;
· Flow Academy for continuous learning;
· We have our own in-house bar and gym, and a company boat;
· Breakfast, lunch, snacks and amazing coffee;
· Table tennis, pool table, arcade and console games;
· A yearly company trip and Christmas party that exceed expectations;
· Fun team outings during the year;
· Rotation within and between our offices worldwide;
· And many more.
Trading Intern
Flow Traders is looking for entrepreneurial, competitive and analytical talent to join our Trading department as an Intern. What better way to find out if a career in (Quantitative) Trading is something for you, than by experiencing it yourself as a Trading Intern?
During 6 weeks, you will get a 360-degree view of our role in the financial markets, how our Traders seize arbitrage opportunities, and how they work together as a team to optimize and improve their desk.
This Trading internship is about immersing yourself in financial markets and experience trading from up close. You do not need to have a financial background; we will teach you all you need to know. Experience with a scientific programming language or excel is an advantage though. Working closely with Traders and Quantitative Researchers, you will add value by working on real trading projects. You will solve problems, create new tools and/or design new strategies. You will test your project in a trading simulation.
Intern benefits
· Get a chance to experience the fast-paced Trading Environment.
· Work together and learn from the best of the industry.
· Enjoy our healthy breakfast, lunch and some less healthy snacks.
· Participate in workout classes in our in-house gym.
· Celebrate our wins with the Flow team in our in-house bar.
· Opportunity to get a full-time position after your internship!
Requirements
· Graduating end 2021 or in 2022 with a University Degree, preferably in Mathematics, Econometrics, Engineering, Finance or related
· Experience with a scientific programming language ( e.g. Python / MATLAB / R or similar) or Excel;
· Competitive, innovative & creative personality with excellent mental arithmetic skills;
· Capability to reason logically and deliver under pressure;
· Ability to spot opportunities and the assertiveness to seize them.