ETF Market Trader Break into bfsi

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

The Corporate Institute in Mumbai invites you to join as an ETF Market Trader. You will actively trade ETFs on NSE/BSE, quote both sides, monitor liquidity, and manage spreads in real time.

You will execute arbitrage between ETF and underlying baskets, track NAV premiums/discounts for fair value, use APIs and dashboards to monitor markets, and contribute to team strategy reviews and reporting.

Responsibilities

• Actively trade ETFs on NSE/BSE, quote both sides, monitor liquidity, and manage spreads in real time.
• Execute arbitrage opportunities between ETF and underlying basket/index.
• Track NAV premiums/discounts and align with fair value.
• Use APIs and real-time dashboards to manage trades and monitor volume spikes.
• Maintain execution logs and participate in team strategy reviews and efficiency sessions.

Job description

ETF Market Trader

Market-Making & Arbitrage Execution:

• Actively track and trade ETFs (Equity, Gold, Debt, International) on NSE/BSE.
• Quote both sides, monitor liquidity, and manage spreads on real-time basis.

Price Discovery & Order Book Management:

• Execute arbitrage opportunities between ETF vs underlying basket/index.
• Track NAV premiums/discounts and align with fair value.

Risk Management First:

• Stick to position limits, manage inventory, and control execution slippage.
• Real-time awareness of bid/ask spreads, execution impact, and trading costs.

Live Monitoring & Tools Usage:

• Use APIs, custom tools, and real-time dashboards to manage trades.
• Monitor volume spikes, news-based volatility, and macro triggers (RBI, Fed, CPI data).

P&L Tracking & Reporting:

• Maintain execution logs and daily trading reports.
• Participate in team strategy reviews and efficiency optimization sessions.