Quantitative Trader

Millennium; Hong Kong; On-site; HKD 1,200,000 - 2,000,000; Full time

Job summary

A leading financial services firm in Hong Kong is seeking a Quantitative Trader specializing in APAC Delta 1. This pivotal role involves developing and executing equity finance trading strategies across index and single-name structures. Candidates should have experience in Asia market mechanics, strong analytical and trading skills, and proven ability to build inventory models. The fast-paced environment requires effective communication and strong relationships with brokers to capitalize on market opportunities.

Qualifications

• Experience covering equities, futures, and FX focused on China, Taiwan, and Korea.
• Ability to build inventory models and price synthetic transactions.
• Data-driven approach utilizing quantitative tools for trading optimization.
• Established broker network for financing products and market updates.
• Excellent written and verbal communication across teams.
• Independent, proactive, detail-oriented with ownership.

Responsibilities

• Price and trade index and single-name synthetic transactions.
• Partner with quantitative researchers to maintain robust inventory models.
• Monitor market trends to identify trading opportunities.
• Leverage broker relationships to stay informed on financing offerings.
• Use analytics to evaluate opportunities and refine strategies.
• Collaborate with portfolio finance, researchers and technology to enhance models.

Skills

Asia Delta-1 Trading experience

Strong analytical skills

Programming ability

Established network with brokers

Strong communication skills

Ability to work independently

Communication

Cross-team collaboration

Ownership

Independent work

Fast-paced environment

Job description

We are seeking a highly analytical and detail-oriented Quantitative Trader specializing in APAC Delta 1 to join our Central Liquidity Strategies team. This role is pivotal in driving enhanced profitability through the development and execution of sophisticated equity finance trading strategies, across index and single-name structures.

The ideal candidate will have deep expertise in Asia market mechanics, including execution and financing, and a proven ability to build inventory models and monetize a diverse range of positions. You will leverage your strong analytical skills, data-driven approach, and broker relationships to stay ahead of market developments and financing product offerings.

This role requires exceptional communication skills, attention to detail, and the ability to thrive in a fast-paced, high-pressure environment. We work closely with execution traders, core developers, and various businesses within Millennium as we seek to capture efficiencies across the platform.

Principal Responsibilities

• Price and trade both index and single-name synthetic transactions, along with related hedging products, leveraging a deep understanding of market mechanics and financing solutions.
• Partner with quantitative researchers and developers to build and maintain robust inventory models to optimize trading decisions and manage risk effectively.
• Monitor market trends, liquidity, and pricing dynamics to identify trading opportunities and improve both execution and financing efficiency, at a firm wide level.
• Leverage and maintain strong relationships with brokers to stay informed about financing product offerings and market developments across Asia.
• Utilize advanced analytical tools and data-driven approaches to evaluate trading opportunities, identify inefficiencies, and refine strategies.
• Work closely with internal teams, including portfolio finance, quantitative researchers/developers, and technology, to continuously enhance trading models and processes by incorporating new data sources and methodologies.

Qualifications/Skills Required

• Asia Delta-1 Trading experience, covering equities, futures, and FX, preferably with a focus on China, Taiwan, and Korea
• Proven experience in building inventory models and pricing synthetic transactions for both index and single-name structures.
• Strong analytical and data-driven approach, with the ability to leverage quantitative tools to optimize trading strategies and decision-making; programming ability strongly preferred.
• Established network and ability to maintain strong connectivity with brokers to stay informed about financing product offerings and market dynamics.
• Strong written and verbal communication skills and the ability to work effectively across multiple teams.
• Demonstrates thoroughness and strong ownership of work, ensuring accuracy and reliability in all aspects of trading activities.
• Quick learner with a good sense of urgency, capable of prioritizing effectively in a fast-moving and dynamic environment.
• Ability to work independently and thoughtfully, taking proactive steps to identify and capitalize on trading opportunities.
• Flexible and collaborative teammate, willing to interact and contribute to the success of other teams and the broader organization.