FTR Trader – Power & Gas Trading Firm – Stamford, CT

Redstone Search; Canada; On-site; CAD 70,000 - 130,000; Full time

Job summary

An established industry player in energy trading is seeking a skilled FTR Trader or Quantitative Analyst ready to transition into trading. This role offers the chance to join a high-performance proprietary trading team, focusing on developing and executing innovative trading strategies in the SPP and ERCOT markets. You will leverage advanced analytics tools and collaborate with experts to enhance portfolio performance while managing risk exposure. With competitive compensation and significant upside potential, this is an exciting opportunity to make a direct impact in a fast-paced, data-driven environment.

Benefits

Competitive compensation

Ownership of algorithmic trading strategies

Cutting-edge technology

High-frequency trading infrastructure

Clear career progression

Qualifications

• 4+ years in FTR trading or quantitative analysis with power markets expertise.
• Strong understanding of US power grid and auction dynamics.

Responsibilities

• Develop and execute FTR trading strategies using power market modelling.
• Conduct market analysis to identify trading opportunities.

Skills

FTR trading

Quantitative analysis

Market analysis

Machine learning

Statistical arbitrage

Risk management

Bidding strategies

Analytical mindset

Education

Bachelor's degree in Finance, Mathematics, or related field

Tools

Python

R

SQL

Job description

A premier energy trading firm in Stamford seeks a skilled FTR Trader or a Quantitative Analyst ready to transition into trading. This is an opportunity to join a high-performance proprietary trading team and contribute to a data-driven, algorithmic trading environment, with a focus on SPP and ERCOT markets.

The Role:

• Develop and execute FTR trading strategies, leveraging power market modelling and congestion analysis.
• Conduct market analysis, using quantitative modelling, machine learning, and statistical arbitrage to identify trading opportunities.
• Collaborate with quantitative analysts, fundamental analysts, and senior traders to refine predictive analytics.
• Manage risk exposure, optimise bidding strategies, and enhance portfolio performance.

Your Profile:

• Experience: 4+ years in FTR trading, power trading, or a quantitative analyst role with power markets expertise.
• Market Knowledge: Strong understanding of the US power grid, nodal markets, transmission congestion, and auction dynamics (SPP & ERCOT preferred).
• Technical Skills: Proficiency in Python, R, SQL, or similar for data analysis, market modelling, and optimisation techniques.
• Mindset: Analytical, innovative, and able to thrive in a fast-paced, quantitative trading environment.

Why Join?

• Competitive compensation with significant upside potential.
• Direct impact on P&L, with ownership of algorithmic trading strategies.
• Cutting-edge technology, cloud computing, and advanced analytics tools.
• High-frequency trading infrastructure and a collaborative environment.
• Clear career progression within a top-tier trading firm.

For a confidential discussion, apply now or reach out directly. If you match the job description and are keen on applying for this role; please send us a copy of your resume/cover letter to [e-mail] or submit your application through the Vacancy Form.