Index Arbitrage Trader

Trevose Partners Limited; Hong Kong Island; On-site; HKD 1,800,000 - 3,000,000; Full time

Job summary

Taiping Financial Holdings Company Limited in Hong Kong seeks a Securities Finance Trader with 8+ years in delta one and market making to trade across cash equities, futures, ETFs, and swaps.

You will build systematic trading models in Python/C++, monitor risk, and coordinate with prime brokerage to manage stock borrowing and balance sheet limits. The role demands leadership and strong communication.

Qualifications

• Bachelor's degree in a relevant field.
• 8+ years of hands-on trading experience in Delta One, index market making, or systematic/quantitative market making.
• Proven profitability and risk management in quantitative strategies.
• Strong programming proficiency in Python or C++, with familiarity in low-latency trading infrastructure.
• Strong leadership and interpersonal skills, with the ability to work effectively with cross-functional teams.
• Excellent communication and presentation skills.
• Willingness to undertake establishing the business as a lead from the start.

Responsibilities

• Trade cash equities, index futures, ETFs, and swaps to capture pricing gaps.
• Control market risk, basis risk, and funding costs.
• Create systematic/algorithmic trading models in Python or C++ to spot price errors.
• Profit from predictable market flows during index rebalancing and corporate actions.
• Work with prime brokerage and lending teams to handle stock borrowing and balance sheet limits.

Skills

Leadership

Interpersonal skills

Communication

Analytical

Problem-solving

Cross-functional teamwork

Risk management

Profitability focus

Education

Bachelor's degree in a relevant field

Tools

Python

C++

Job description

Trade cash equities, index futures, exchange-traded funds (ETFs), and swaps to capture pricing gaps.

Control market risk, basis risk (the price difference between a futures contract and the cash market), and funding costs.

Create systematic or algorithmic trading models in programs like Python or C++ to spot price errors instantly.

Profit from predictable market flows during index rebalancing and corporate actions.

Work with prime brokerage and lending teams to handle stock borrowing and balance sheet limits.

Requirements

• Bachelor's degree in a relevant field
• 8+ years of hands-on trading experience in Delta One, index market making, or systematic or quantitative market making
• Proven history of profitability and risk management in quantitative or relative value strategies.
• Strong programming proficiency in languages such as Python or C++, with familiarity in low-latency trading infrastructure.
• Strong leadership and interpersonal skills, with the ability to work effectively with cross-functional teams
• Excellent communication and presentation skills
• Strong analytical and problem-solving abilities
• Willingness to undertake the establishment of the business as a business lead from the start

Securities Finance Trader

Taiping Financial Holdings Company Limited

Central, Central and Western District, HK