Futures Trading Execution

Singapore Excellen Pte. Ltd.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company specializing in trading seeks an experienced Futures Trader to execute trades and conduct market analyses for copper and cobalt. The role involves managing positions, conducting in-depth market studies, and communicating with clients to optimize trading strategies. Ideal candidates will possess a Bachelor’s degree in a relevant field, at least three years of trading experience, and strong analytical skills.

Qualifications

• Minimum 3 years of futures trading experience, preferably in copper or cobalt markets.
• Fluent in English with skills in Mandarin or other Asian languages as an advantage.
• Strong market insight and ability to work in high-pressure environments.

Responsibilities

• Execute copper and cobalt futures trades including pricing, order placement, and hedging.
• Conduct market analysis and provide daily trading opportunity reports.
• Implement hedging strategies to manage market risks.

Skills

Market analysis

Execution of futures trades

Supply and Demand analysis

Macroeconomic analysis

Risk management

Education

Bachelor’s degree in finance, economics, mathematics, or related field

Tools

Excel

Bloomberg

Python

Job description

Key Responsibilities

1. Futures Trading Execution

   • Execute copper and cobalt futures trades on platforms such as LME, SHFE, and CME, including pricing, order placement, hedging, and position management, ensuring efficient execution aligned with strategic goals.

   • Optimize trade timing based on market conditions and client needs, executing arbitrage, hedging, and speculative trades.

2. Market Analysis and Opportunity Identification

   • Conduct in-depth analysis of factors influencing copper and cobalt prices:

     • Supply and Demand Fundamentals: Monitor global copper and cobalt mine production, inventory levels, and downstream demand (e.g., electric vehicles, batteries, industrial sectors).

     • Macroeconomic Liquidity and USD Trends: Track global economic indicators (e.g., PMI, GDP), interest rates, and USD exchange rate fluctuations.

     • Speculative Forces: Analyze futures market positions, speculative behavior, and market sentiment.

     • Long-Term Structural Trends: Evaluate the long-term impact of electric vehicles, batteries, and green energy on copper and cobalt demand.

   • Provide daily market analysis reports, identifying trading opportunities and supporting team decision-making.

3. Risk Management

   • Monitor real-time copper and cobalt price movements, freight costs, and exchange rate fluctuations, implementing hedging strategies to mitigate market and financial risks.

   • Maintain accurate position records, ensuring compliance with company risk management policies and Singapore regulatory requirements (e.g., MAS regulations).

4. Client and Transaction Support

   • Communicate with clients to understand trading needs, assist with pricing, hedging, and contract execution, and provide market insights.

   • Coordinate with exchanges, clearinghouses, and brokers to ensure smooth transaction settlement processes.

5. Industry Information Collection

   • Gather and analyze domestic and international copper and cobalt production, trading, and industry developments (e.g., cobalt mining policies in the Congo, copper mine strikes in Chile).

   • Provide market forecasts and risk alerts to optimize trading strategies.

6. Team Collaboration

   • Collaborate with the trading manager and team members to execute the company’s overall trading plan.

   • Support cross-departmental coordination (e.g., logistics, finance) to ensure efficient transaction processes.

7. Other Duties

   • Complete tasks assigned by superiors, such as ad-hoc market analysis or trading optimization projects.

   • Ensure trading activities comply with Singapore and international futures trading regulations.

Job Requirements

• Bachelor’s degree or higher, preferably in finance, economics, mathematics, or a related field.

• Minimum of 3 years of futures trading experience, with familiarity in copper, cobalt, or non-ferrous metals markets and knowledge of LME, SHFE, and similar platforms.

• Strong market analysis skills, with expertise in supply and demand, macroeconomic trends, speculative forces, and structural trends; proficiency in Excel, Bloomberg, or Python is a plus.

• Fluent in English; proficiency in Mandarin or other Asian languages (e.g., Indonesian) is an advantage.

• Familiarity with Singapore’s financial markets and futures trading regulations, with strong learning and adaptability skills.

• Keen market insight, a spirit of exploration, and the ability to execute effectively in high-pressure environments.