Equity Derivatives Quant, Equity Derivatives

CLSA Global Markets Pte Ltd; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A global financial services firm in Mumbai is looking for an EQD Quant to research and develop trading strategies for equity derivatives in India and other Asia-Pacific markets. You will analyze market microstructure data, develop and back-test trading models, and work closely with traders and technology teams. Ideal candidates should have 6+ years of experience, strong programming skills, and a degree in a quantitative field from a leading institution.

Qualifications

• Bachelor's degree in engineering from a top-tier Indian institute.
• 6+ years of professional industry experience in trading strategies.
• Deep knowledge of equity derivatives, especially in India.

Responsibilities

• Analyze market microstructure data to identify trading signals.
• Develop trading models using real-time and historical data.
• Back-test trading strategies and optimize performance.

Skills

Quantitative analysis

Programming in C++

Market microstructure knowledge

Real-time data processing

Statistical analysis

Education

Bachelor’s in Engineering from top-tier Indian institute

Master’s or PhD in Quantitative Field

Job description

**Position Description**The CITICS CLSA Equity Derivatives team (EQD) offers its clients a wide range of products and services meeting different needs like risk management, investment return enhancement, financing, and cross-border market access. EQD’s products and services include Prime Services, Derivative Products, Quantitative Investment Strategies (QIS), and Market Making.EQD Quants is a team of quantitative analysts who specialize in quantitative finance and technology and work closely with EQD traders, sales and structuring teams. EQD quants design and implement EQDs e-trading infrastructure, market making systems, and trading systems for OTC non-linear, QIS, OTC prime and delta one.This role will be primarily focused on researching and designing market making and trading strategies for EQD in India and other Asia-Pacific markets. The hire will report locally to the head of EQD Quant India and work closely with (a) EQD quants in Hong Kong and London, (b) EQD traders and structurers in Hong Kong, Singapore, Tokyo, London and New York and (c) EQD developers in India and other markets. The position will report to the EQD Quant India head in Mumbai.**Key Areas of Responsibilities**The day-to-day responsibilities of the EQD Quant will include—* Analysis of market microstructure data to identify actionable trading signals for equities and derivatives in India and other Asia-Pac markets* Analysis of order book data to identify actionable trading signals for equities and derivatives in India and other Asia-Pac markets* Research and development of trading models using real-time and historical trade and quote data for equities and derivatives in India and other Asia-Pac markets* Back-testing of the above strategies* Understanding and enhancing EQD’s trading strategies for India and other Asia-Pac markets* Working with EQD developers and the firm’s technology teams to implement trading strategies and optimizing code* Understanding and contributing to EQD’s trading infrastructure* Monitoring live performance of EQD’s trading strategies for continuous enhancement of signal detection and performance robustness**Requirements*** (Mandatory) A bachelor’s degree in engineering from a top-tier Indian institute (e.g., the top IITs) and/or a master’s or PhD degree in a quantitative field (Mathematics, Physics, Computer Science, Electrical Engineering, Quantitative Finance, etc.) from a top-tier Indian or foreign university* (Mandatory) 6+ years of professional industry experience, ideally in research or development of trading strategies* (Mandatory) Deep knowledge of options, futures and other equity derivatives, especially in India* (Mandatory) Deep knowledge of market microstructure and exchange protocols in India/Asia-Pac markets* (Mandatory) Advanced knowledge of low-latency systems and real-time data processing* (Mandatory) Experience in trading or microstructure-based signal research using high-frequency or ultra-high frequency data in India/Asia-Pac markets* (Mandatory) Strong programming skills and experience in C++ (17.0 or later), Python or similar languages* (Mandatory) Self-starter with a passion and strong analytical and problem-solving skills* (Mandatory) Ability to work in a fast-paced environment and deliver solutions under pressure* (Optional) Excellent collaboration and communication skills* (Optional) Experience of trading on the NSE or BSE using low-latency or ultra-low-latency real-time data* (Optional) Experience of working on FPGAs* (Optional) Ability to adapt to new technologies and frameworks**Stay informed on CITIC CLSA Job Opportunities****job alert** to receive our latest job openings that meet your interest.