Options Trader - Volatility & Market Making (HK)

Eclipse Trading; Hong Kong; On-site; HKD 725,000 - 837,000; Full time

Benefits offered by this job

Dynamic and collaborative work environment

Opportunity for mentorship and training

Attractive benefits package

Job summary

A leading proprietary derivatives trading firm in Hong Kong is seeking an Options Trader to manage and improve trading strategies. The role involves collaboration with researchers and technologists in a dynamic environment, offering professional growth and competitive compensation. Applicants should possess a degree and relevant market-making experience.

Qualifications

• 2+ years of options market making experience required.
• Proven track record of profitability in options markets.
• Deep understanding of equity option markets.

Responsibilities

• Manage and execute multiple options trading strategies.
• Monitor the market for trading opportunities.
• Collaborate with traders and quantitative researchers.

Skills

Analytical skills

Problem-solving skills

Collaboration skills

Communication skills

Education

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

Tools

Electronic trading systems

Job description

Eclipse Trading is a leading proprietary trading firm. Founded in 2007, we have over 110 employees across 4 office locations – Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.

We are actively seeking an Options Trader to join our growing volatility trading team in Hong Kong. You will play a key role in managing and improving our systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and technologists to drive our trading system forward and unlock trading opportunities. The position is primarily located in Hong Kong; however, we welcome applications from overseas candidates as well. For those qualified candidates who are considering relocating to Hong Kong, we offer relocation assistance and sponsorship for a work visa.

Responsibilities and Duties

• Manage and execute multiple options trading strategies, systematic market making and positional strategies
• Responsible for the risk management of the portfolio
• Monitor the market to identify trading opportunities and develop trading metrics based on proprietary research and data analysis
• Collaborate with other traders and quantitative researchers to optimise existing strategies and explore new alphas for the desk
• Work closely with quants, developers, and support staff to continually improve our trading infrastructure
  
  

What you offer

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 2+ years of options market making experience
• Proven track record of profitability and consistent trading performance in options markets
• Deep understanding of equity option markets and the trading opportunities
• Strong knowledge of options pricing models and volatility analysis
• Prior experience in electronic trading systems
• Excellent analytical and problem-solving skills, with the ability to make informed trading decisions
• Ability to thrive and make decisions in a fast-paced trading environment and handle pressure effectively
• Strong communication and collaboration skills
• Good command of spoken and written English
  
  

What we offer

• Dynamic and collaborative work environment
• Opportunity to contribute directly to the bottom line
• Mentorship and training opportunities
• A flat management structure, where everyone's voice is valued
• Work life balance within a multi-cultural environment
• Fully stocked kitchen for breakfast and lunch
• Attractive benefits package with discretionary bonus
  
  

Eclipse Trading is an equal opportunity employer and we believe that diversity and inclusion are essential pillars of our success as a company. We are dedicated to embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

All information provided will be treated in strict confidence and used solely for recruitment purposes.

Due to the high number of responses that we receive, we are only able to respond to successful applicants.