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Quantitative Trader

Millennium Management

Hong Kong, Hong KongMid
Sign in to applyVerified 1h ago
Location
Hong Kong, Hong Kong
Work model
On-Site
Level
Mid
Posted
177d ago

About this role

Quantitative Trader We are seeking a highly analytical and detail-oriented Quantitative Trader specializing in APAC Delta 1 to join our Central Liquidity Strategies team. This role is pivotal in driving enhanced profitability through the development and execution of sophisticated equity finance trading strategies, across index and single-name structures.  The ideal candidate will have deep expertise in Asia market mechanics, including execution and financing, and a proven ability to build inventory models and monetize a diverse range of positions. You will leverage your strong analytical skills, data-driven approach, and broker relationships to stay ahead of market developments and financing product offerings.  This role requires exceptional communication skills, attention to detail, and the ability to thrive in a fast-paced, high-pressure environment. We work closely with execution traders, core developers, and various businesses within Millennium as we seek to capture efficiencies across the platform.

Principal Responsibilities

Price and trade both index and single-name synthetic transactions, along with related hedging products, leveraging a deep understanding of market mechanics and financing solutions.  Partner with quantitative researchers and developers to build and maintain robust inventory models to optimize trading decisions and manage risk effectively.  Monitor market trends, liquidity, and pricing dynamics to identify trading opportunities and improve both execution and financing efficiency, at a firm wide level. Leverage and maintain strong relationships with brokers to stay informed about financing product offerings and market developments across Asia.  Utilize advanced analytical tools and data-driven approaches to evaluate trading opportunities, identify inefficiencies, and refine strategies.  Work closely with internal teams, including portfolio finance, quantitative researchers/developers, and technology, to continuously enhance trading models and processes by incorporating new data sources and methodologies.  Qualifications/Skills Required  Asia Delta-1 Trading experience, covering equities, futures, and FX, preferably with a focus on China, Taiwan, and Korea Proven experience in building inventory models and pricing synthetic transactions for both index and single-name structures.  Strong analytical and data-driven approach, with the ability to leverage quantitative tools to optimize trading strategies and decision-making; programming ability strongly preferred. Established network and ability to maintain strong connectivity with brokers to stay informed about financing product offerings and market dynamics. Strong written and verbal communication skills and the ability to work effectively across multiple teams.  Demonstrates thoroughness and strong ownership of work, ensuring accuracy and reliability in all aspects of trading activities.  Quick learner with a good sense of urgency, capable of prioritizing effectively in a fast-moving and dynamic environment.  Ability to work independently and thoughtfully, taking proactive steps to identify and capitalize on trading opportunities.  Flexible and collaborative teammate, willing to interact and contribute to the success of other teams and the broader organization.

Quantitative Trader at Millennium Management, Hong Kong, Hong Kong | Yoinka