Senior Quantitative Trader – HFT Desk, East London

Placements24; East London; On-site; ZAR 2,500,000 - 6,000,000; Full time

Job summary

Placements24 is seeking a Senior Quantitative Trader to join its trading desk in East London. The role involves developing and executing quantitative trading strategies across multiple asset classes, leveraging advanced models and programming to identify opportunities and manage risk.

The ideal candidate has a strong background in market microstructure, algorithmic trading, and a proven ability to perform under pressure in a high-frequency environment, collaborating with researchers and

Qualifications

• Master's or Ph.D. in a highly quantitative field such as Financial Engineering, Mathematics, Computer Science, Physics, or Statistics.
• Minimum of 5 years of experience as a quantitative trader or in a similar quantitative role within a trading firm or hedge fund.
• Proven track record of developing and implementing successful quantitative trading strategies that have generated consistent profits.
• Proficiency in programming languages commonly used in quantitative finance, such as Python, C++, Java, or R.
• Deep understanding of financial market microstructure, order book dynamics, and statistical arbitrage.

Responsibilities

• Design, develop, back-test, and deploy quantitative trading strategies for equities, futures, options, or FX markets.
• Execute trades using proprietary algorithmic trading systems, managing positions and risk parameters in real-time.
• Collaborate with quantitative researchers and software engineers to refine trading models and infrastructure.
• Analyze trade performance, identify areas for improvement, and implement enhancements to strategies.
• Manage portfolio risk, including position sizing, stop-loss levels, and overall exposure limits.

Skills

Quantitative trading

Programming experience

Risk management

Analytical thinking

Teamwork

Education

Master's or PhD in Financial Engineering/Math/CS/Physics/Stats

Tools

Python

C++

Java

R

Job description

Placements24 is seeking a Senior Quantitative Trader to join its trading desk in East London. The role involves developing and executing quantitative trading strategies across multiple asset classes, leveraging advanced models and programming to identify opportunities and manage risk.

The ideal candidate has a strong background in market microstructure, algorithmic trading, and a proven ability to perform under pressure in a high-frequency environment, collaborating with researchers and