Quantitative Trader

Quant Trader Interest Rate DerivativesQuant Capital is urgently looking for a STIR Futures Trader to join our high profile clients Medium Frequency IR Derivs Team.Our client is a well known global Prop Trading firm. They value technology especially the opensource variety as well as scalability and robust performance (much like their track record).This is a bleeding edge role as close as it gets to the market. The firm offers market leading PnL share as well as transparent costs. (This is a paid permanent role with an established team). They have invested heavily in infrastructure and are looking to take this to market. As a smaller shop they are able to offer a considerably better share than a larger firm.We are looking for traders with a strong derivatives background or a strong quant trading strategy.Oversee Relative Value trading strategy by:Setting, monitoring and adjusting parametersManaging positions / our trading riskEvaluating the models’ performance and maximising return of capitalOptimising desk participation in exchange market maker programsTeaching the strategies to the other traders on the teamWork as part of a 24hr trading team and provide redundancy to other team members within the “Rates” business unit, when neededSTIR Traders should have:Experience in a Bank, Fund or Prop Shop in a successful trading team4 years of STIR Futures TradingRelative Value Modelling and Trading Python Programming Strategy ideally portableAcademic background to matchStrong Macro experienceFixed Income ideally IR Derivs or Specific Rates KnowledgeThe environment is that of Facebook or Google, relaxed open with time to think and make the right decisions. The atmosphere is calm and relaxed with an open dress code. This is a role for techies and traders, those who are motivated by the sharp end of technology and the possibility of making serious money doing something you are passionate about.The role is City based.