FX Trader
At Optiver we operate without bureaucracy, without hierarchy and without egos. We seek to continuously improve our approach to pricing, execution and risk management. We believe that the rigour with which we approach these problems is a source of competitive edge. We have an appetite to diversify and improve and are always looking for great new talent to bring fresh ideas and perspectives to our trading team. We are uniquely placed in the market with a combination of access to great liquidity through our market-making desks and a progressive risk appetite to leverage upon that.
As we continue to expand our footprint in the Fixed Income and FX markets, we are looking for an FX Trader to join our team in Singapore, specializing in Asia Rates to drive our trading strategies and contribute to the growth of our FX desk in the region. In this role, you will be responsible for trading across various Asian currencies, executing strategies based on macroeconomic developments, interest rate trends, and market dynamics.
WHAT YOU'LL DO
- Execute and manage FX trading strategies with a focus on Asia Rates (e.g., USD/JPY, USD/CNY, USD/INR, SGD crosses).
- Monitor global macroeconomic and interest rate developments, specifically those impacting Asian FX markets.
- Identify trading opportunities in spot FX, forwards, and FX swaps while managing risk across different currency pairs.
- Collaborate with quantitative researchers to develop and refine models for pricing, risk management, and identifying arbitrage opportunities.
- Ensure efficient execution of trades through the use of automated trading systems and proprietary algorithms.
- Manage and hedge risk effectively, keeping within defined risk limits.
- Monitor market liquidity and optimize execution strategies to minimize trading costs.
- Work closely with the technology and development teams to refine and improve trading tools and infrastructure.
- Maintain a comprehensive understanding of regulatory requirements in various Asian markets, ensuring compliance with trading regulations.
- Provide market insights and feedback to senior management on opportunities and challenges in the Asia FX market.
WHO YOU ARE
- At least 5 years of experience in FX trading, with a focus on Asia Rates (e.g., USD/JPY, SGD, CNH, INR).
- A strong track record of profitability and performance in FX trading.
- In-depth knowledge of FX markets, interest rates, and macroeconomic factors affecting Asian currencies.
- Strong understanding of spot FX, forwards, and FX swaps, with a proven ability to manage large positions across multiple instruments.
- Excellent risk management skills, with experience in managing risk exposure in volatile markets.
- Proficiency with trading platforms and market data systems (e.g., Bloomberg, Reuters).
- Experience with algorithmic trading systems and a strong understanding of quantitative models for pricing and risk management.
- Collaborative mindset, with the ability to work effectively in a team-oriented environment.
- Strong communication skills, with the ability to articulate market views and trading strategies to colleagues and senior management.
- Ability to adapt to fast-moving markets and quickly adjust trading strategies as market conditions change.
WHAT YOU’LL GET
- The chance to work alongside diverse, intelligent, and driven peers in a rewarding environment
- Competitive remuneration, including an attractive bonus structure and additional leave entitlements
- Training, mentorship and personal development opportunities
- Gym membership plus weekly in-house chair massages
- Daily breakfast and lunch
- Regular social events including an annual company trip
- A work-from-home allowance and support
- Guided relocation, a competitive relocation package and visa sponsorship where necessary.
As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.
Our commitment to diversity and inclusion is hardwired through every stage of our hiring process, we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.