Quantitative Trader: HKEX Govt Bond Futures Market Maker

Huatai International Financial Holdings Company Limited; Hong Kong; On-site; HKD 800,000 - 1,200,000; Full time

Job summary

Huatai International Financial Holdings Company Limited in Hong Kong is seeking an experienced professional for market making activities in HKEX government bond futures. This role involves developing quantitative models, optimizing trading algorithms, and managing portfolio risks.

The ideal candidate should hold a Master’s or Ph.D. in a quantitative field with at least 5 years of hands-on experience in rates trading or related areas, along with strong programming skills in Python or C++.

Qualifications

• Master’s or Ph.D. degree in relevant quantitative fields.
• 5+ years of experience in rates trading or market making.
• Strong programming skills in Python or C++.

Responsibilities

• Execute market making activities for HKEX government bond futures.
• Develop and maintain quantitative models for trading strategies.
• Conduct market data analysis and optimize trading algorithms.

Skills

Quantitative analysis

Market making

Statistical modeling

Programming in Python

Programming in C++

Education

Master’s or Ph.D. in Finance, Mathematics, Computer Science, Physics

Tools

MATLAB

Job description

About Us

Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:

• not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
  
  

About Us

Huatai International Financial Holdings Company Limited (“Huatai International” or “the Company”), is the only overseas wholly-owned or controlled subsidiary of Huatai Securities. Huatai International is the Huatai Group’s international arm which plays as a crucial role in the group's internationalization strategy by:

• not only providing offshore capital market services (and a global business platform) but also provides onshore clients with valuable cross-border capital market services (aligned with the mainland China government’s policies and commercial intentions);
• actively making use of Huatai Securities’ leading position, distribution network and customer base in mainland China;
• integrating on a global basis across many jurisdictions and regions, a successful and fully integrated international financial platform with innovative financial services solutions.
  
  

Huatai International operates as a holding company for consolidating all of the group’s cross-border businesses and companies under one umbrella, offering a truly unified and international business platform. In recognition of such international strength, the renowned international rating agency Standard and Poor’s has assigned Huatai International a “BBB+” rating (for long term) and “A-2” (for short-term).

Job Responsibilities

• Execute market making activities and provide continuous liquidity for HKEX government bond futures
• Develop, enhance, and maintain quantitative models for pricing, statistical arbitrage, and hedging strategies
• Conduct market data analysis and volatility research to continuously optimize trading algorithms and execution strategies
• Monitor and manage multi-dimensional portfolio risk exposures
• Implement automated hedging strategies and oversee daily position management
  
  

Qualifications

• Master's or PhD degree in Finance, Mathematics, Computer Science, Physics, or related quantitative fields
• Solid understanding of derivatives pricing models and fixed income products with strong mathematical and statistical modeling capabilities
• Minimum 5 years of hands-on experience in rates trading, market making, or related quantitative trading fields
• RA1/2/4/5 License Holder is prefered
• Strong programming skills in one or more of the following: Python, C++, Java, or MATLAB, with experience in data analysis, model calibration, and strategy development
• Proven track record in backtesting and implementing automated trading strategies
• Experience in market making for exchange-traded futures, HKEX products or CFFEX government bond futures is preferred.
• Previous market making or high frequency trading (HFT) experience on established exchanges (e.g. CME/CBOT, ICE, HKEX or China Financial Futures Exchange (CFFEX)) is highly preferred
• Experience with automated trading systems and high-frequency trading strategies
• Knowledge of yield curve modeling and term structure models
• Familiarity with market microstructure and exchange trading mechanisms