VP – FX & Rates Flow & Prop Trader (Asian Currencies)

UK Home Square; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

UK Home Square is seeking a Senior VP-level FX & Rates Flow & Prop Trader to lead dual responsibilities in market-making liquidity and proprietary strategies across Asian currencies and interest rate products. The role demands a consistent, verifiable Sharpe-ratio track record, execution discipline, and sophisticated risk controls.

The ideal candidate will bring 10+ years of institutional trading experience, deep product knowledge (CNH, TWD, KRW, INR, IDR, SGD, MYR, THB, HKD, JPY), and a

Qualifications

• Minimum 10 years of active trading experience on an institutional FX/Rates desk (Investment Bank or Hedge Fund).
• Proven, verified positive Sharpe ratio P&L track record in both flow market-making and proprietary risk-taking.
• Deep technical expertise in Asian Currencies & Rates (CNH, TWD, KRW, INR, IDR, SGD, MYR, THB, HKD, JPY), including Spot, NDFs, FX Swaps, IRS, NDIRS, CCS, and Government Bonds.

Responsibilities

• Market Making & Flow: Provide continuous pricing for Asian FX and Rates; manage delta, gamma, and duration risks from client flows.
• Proprietary Trading: Formulate and execute directional, relative value, and cross-currency basis strategies using macro research and yield curve models.
• Execution & Analytics: Improve pricing engines, capture onshore/offshore spread differentials, exploit yield curve dislocations.
• Risk & Compliance: Monitor real-time VAR, stress tests, and capital limits per regulations and internal policies.

Skills

Flow market-making

Proprietary trading

Risk management

P&L generation

Education

Bachelor’s or Master’s degree in Quantitative Finance, Economics, Finance, Mathematics

Tools

Pricing engines

Job description

VP – FX & Rates Flow & Prop Trader (Asian Currencies)

Hong Kong, Hong Kong | Posted on 11/05/2026

Senior Vice President-level trader responsible for a dual mandate: Flow Market-Making and Proprietary Trading across G10/EM Asian FX and Interest Rate products. Requires strong P&L generation, client flow execution, and dynamic risk management.

Key Responsibilities

Market Making & Flow: Provide continuous e-FX/voice pricing for Asian FX (Spot, NDFs, Swaps) and Rates (IRS, NDIRS, CCS). Warehouse delta, gamma, and duration risks from client flows.

Proprietary Trading: Formulate and execute directional, relative value, and cross-currency basis strategies using macro research, central bank policies, and yield curve models.

Execution & Analytics: Optimize algorithmic pricing engines, capture onshore/offshore spread differentials (e. g., CNY/CNH, INR/NDF), and exploit yield curve dislocations.

Risk & Compliance: Manage real-time VAR, stress metrics, and capital limits in strict compliance with regulatory and internal guidelines.

Requirements

Requirements

Experience: Minimum 10 years of active trading experience on an institutional FX/Rates desk (Investment Bank or Hedge Fund).

Track Record: Proven, verified positive Sharpe ratio P&L track record in both flow market-making and proprietary risk-taking.

Product Expertise: Deep technical expertise in Asian Currencies & Rates (CNH, TWD, KRW, INR, IDR, SGD, MYR, THB, HKD, JPY), including Spot, NDFs, FX Swaps, IRS, NDIRS, CCS, and Government Bonds.

Education: Bachelor’s or Master’s degree in Quantitative Finance, Economics, Finance, Mathematics, or a related field.