Trading Developer & Execution

BIT Official; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

BIT seeks a Python-focused engineer to develop and optimize hedging systems that power daily operations across centralized and decentralized exchanges. You will work on market-making, API integrations, and risk monitoring in a globally distributed environment.

The role emphasizes clean code, thorough testing, and clear technical documentation, with collaboration across trading desks and engineering teams. A strong command of English is essential.

Qualifications

• 2+ years of hands-on Python development experience.
• Familiarity with the API of at least one cryptocurrency exchange and market mechanics.
• Proficient in Linux server environments and Docker containerization.
• Strong written and spoken English for cross-border communication.

Responsibilities

• Develop, maintain, and optimize internal hedging systems using Python.
• Deploy and monitor market-making strategies across CEX/DEX platforms.
• Maintain exchange API trading integrations (REST/WebSocket).
• Execute manual orders and hedging via futures and prime brokers.
• Perform daily position reconciliation and risk monitoring; report anomalies.
• Document technical processes and SOPs.

Skills

Python development

Fluent English

Attention to detail

Tools

Docker

Linux

REST/WebSocket APIs

Job description

BIT (formerly Matrixport) is a global digital asset financial services and infrastructure group. Headquartered in Singapore and founded in 2019, BIT bridges traditional finance and digital assets through governance-driven financial services and technology.

The firm manages over US$7 billion in assets and facilitates more than US$7 billion in monthly trading volume. BIT offers services including custody, trading, asset and wealth management, liquidity and financing solutions, and tokenised real-world assets (RWA), serving institutional and professional investors globally.

BIT Group entities maintain a licensed and regulated footprint across Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan.

For more information, visit www.bit.com

Key Responsibilities

• Develop, maintain, and optimize internal hedging systems using Python to ensure stable daily operations, handle exceptions, and implement continuous improvements.
• Deploy, configure, and maintain market-making quotation strategies across centralized and decentralized exchanges (CEX/DEX) based on open-source market-making frameworks; monitor order books, spreads, inventory, and executions.
• Maintain exchange API trading integrations (REST / WebSocket), covering order placement, cancellation, as well as position and balance synchronization.
• Execute manual orders and discretionary hedging through futures and prime broker platforms.
• Conduct daily position reconciliation, trade balancing, and risk exposure monitoring; identify and report anomalies in a timely manner.
• Write, maintain, and update system technical documentation and standard operating procedures (SOPs).

Requirements

• 2+ years of hands-on Python development experience, with the proven ability to independently read, refactor, and maintain existing codebases.
• Familiarity with the API of at least one cryptocurrency exchange, with a solid understanding of market mechanics including order books, limit orders, fee structures, and funding rates.
• Proficient in Linux server environments, Docker containerization, log troubleshooting, and basic DevOps/system administration tasks.
• Highly detail-oriented with a strong sense of responsibility and extreme prudence regarding capital safety and order execution.
• Fluent in written and spoken English, capable of communicating effectively with overseas counterparties.

Nice-to-Haves

• Prior experience utilizing open-source market-making frameworks or having developed proprietary market-making/quoting programs.
• Trading or professional background in precious metals.
• Experience in trading desk support, trade operations, or clearing and settlement reconciliation.