Options Trader - India (785297B)

Referment; Singapore; On-site; SGD 120,000 - 240,000; Full time

Job summary

Referment is hiring an Options Trader for its market-making team in Singapore. You will manage a proprietary trading book focused on Indian index and stock options, monitor real-time risk, and develop data-driven trading ideas.

The role emphasizes quantitative modelling, backtesting, and collaboration with a skilled team. A STEM degree and programming proficiency are required, with a willingness to drive projects and solve complex problems.

Qualifications

• 2+ years of experience trading Indian options or similar markets.
• In-depth knowledge of pricing, execution and risk in index futures and cash equity markets.
• Proficiency in Python and/or C++, strong quantitative and analytical skills.
• Experience in mathematical and statistical modelling using various techniques.

Responsibilities

• Manage and optimise a proprietary trading book focused on Indian options.
• Monitor and manage real-time risk exposures.
• Generate and implement trading ideas using data-driven research.
• Analyse historical trading performance to improve strategies and execution.
• Use quantitative tools to build hypotheses, design experiments and backtest strategies.

Skills

Python

C++

Quantitative analysis

Data interpretation

Communication

Collaboration

Self-motivation

Education

Bachelor's or higher degree in STEM

Tools

Algorithmic trading systems

Backtesting tools

Job description

Referment is working with a global options market maker to hire an Options Trader for its market-making team in Singapore, with a focus on index and stock options in the Indian market. You will join a collaborative trading operation and take direct responsibility for a proprietary trading book.

The Role

You will manage and optimise a proprietary trading book focused on Indian index and stock options, monitoring and managing risk exposures in real time. You will generate and implement trading ideas using both intuition and data-driven research, analyse historical trading performance to improve strategies and execution, and use quantitative tools to build hypotheses, design experiments and backtest strategies.

What We're Looking For

• 2+ years of experience trading Indian options (Korean or other markets experience is a plus)
• In-depth knowledge of pricing, execution and risk in index futures and cash equity markets
• Familiarity with algorithmic trading systems (high- or mid-frequency strategies)
• Bachelor's or higher degree in a STEM discipline (e.g. mathematics, engineering, physics, computer science)
• Proficiency in Python and/or C++; strong quantitative and analytical skills and the ability to interpret large datasets
• Experience in mathematical and statistical modelling using a range of techniques
• A self-starter capable of conducting independent research and driving projects, with excellent communication and collaboration skills and a passion for solving complex problems

The employer explicitly encourages driven, curious problem-solvers who do not meet every requirement to apply, and is building a well-rounded trading operation open to diverse profiles that add value to its Indian options strategy.

This could suit a quantitatively minded trader early in their career who wants direct ownership of a proprietary book in a specialist market.

#Referment