Equity Trader

Cumberland; Greater London; On-site; GBP 60,000 - 100,000; Full time

Job summary

DRW in the United Kingdom is seeking an ambitious early-career Trader focused on equities and derivatives. You will identify trading opportunities, evaluate market moves, and execute ideas while learning to manage risk across evolving product sets, with support from experienced colleagues.

Candidates should bring strong numerical and analytical skills, sound judgement under pressure, and a willingness to learn beyond your current focus.

Qualifications

• Early-career trader with <5 years’ experience in a banking or buy-side environment.
• Backgrounds include single-stock volatility, delta one, index volatility, exotic derivatives, dispersion strategies, event-driven or special situations, and index rebalancing.

Responsibilities

• Analyse market moves, positioning and catalysts to generate trading ideas.
• Execute trades and manage positions within risk limits.
• Monitor exposures, performance and changing market conditions.
• Developing tools and research to improve trading decisions.
• Collaborating with the team to learn new products and strategies.

Skills

Strong numerical ability

Analytical skills

Risk judgement

Curiosity about markets

Coding or data-analysis

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

Trader — Equities & Derivatives

We’re looking for an early-career trader with fewer than five years’ experience who is currently working at a bank, market maker or buy-side firm.

We’re open to a broad range of trading backgrounds. We believe a strong trader can learn new products and strategies, so we place more weight on judgement, analytical ability and curiosity than on experience in a particular market.

The role

You’ll help identify, evaluate and execute trading opportunities, manage risk and develop ideas across equities and derivatives. The precise remit will reflect your strengths and evolve as you build experience.

Your responsibilities will include:

• Analysing market moves, positioning and catalysts to generate trading ideas.
• Executing trades and managing positions within agreed risk limits.
• Monitoring exposures, performance and changing market conditions.
• Developing tools and research to improve trading decisions.
• Working closely with the team to learn new products and strategies.

Your background

You should currently be in a trading role, with fewer than five years’ professional experience. Relevant backgrounds include one or more of:

• Single-stock volatility.
• Delta One or dividend trading.
• Index volatility.
• Exotic derivatives.
• Dispersion strategies.
• Event-driven or special situations strategies.
• Index rebalancing.

We welcome candidates from banks, market makers and buy-side firms, including those working within specialist trading pods.

What we’re looking for

• Strong numerical and analytical skills.
• Sound risk judgement and a disciplined approach to trading.
• Curiosity about markets and a willingness to learn beyond your current specialism.
• The ability to make clear decisions under pressure.
• Ownership of your work and an ability to collaborate effectively.
• Coding or data-analysis skills would be useful.

You don’t need experience across every area listed. We’re looking for someone with strong foundations and the potential to develop into a versatile trader.

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