13 Midas Fintech Solutions Jobs
5-6 years
Mumbai, Dadar
1 vacancy
Equity Derivatives Dealer
Midas Fintech Solutions
posted 21d ago
Fixed timing
Key skills for the job
As an Equity Derivatives Dealer, you'll be responsible for executing and managing equity derivatives trades. Your role involves implementing trading strategies, monitoring market trends, and ensuring accurate trade execution. Compliance with regulations, effective risk management, and staying updated on market developments are crucial aspects of the role. You'll contribute to the organization's success by driving profitable trading activities while maintaining a strong focus on risk and compliance. Responsibilities:
Execute trades efficiently across various accounts, ensuring minimal slippage and optimal trade execution.
Monitor exposure limits at each account level, ensuring compliance with risk management policies and internal limits.
Maintain accurate and thorough records of all trades, ensuring full compliance with company policies and regulatory requirements.
Monitor and manage multiple accounts, switching seamlessly between them as needed to provide timely execution and updates.
Provide ongoing account management, including account reconciliation, trade confirmations, and regular reporting.
Use advanced Excel functions to analyze data, prepare reports, and model trade scenarios.
Coordinate with the risk management team to ensure appropriate hedging strategies are in place.
Provide regular ledger balance updates and account reconciliation to management.
Use the ODIN terminal proficiently for trade execution, monitoring, and reporting.
Stay updated with market trends, regulatory changes, and best practices in derivatives trading.
Experience:
Bachelors degree in finance, or a related field.
Relevant certifications such as NISM Equity Derivatives (mandatory).
5-6 years of experience in equity derivatives dealing or trading.
Strong knowledge of derivatives markets, options, futures, and risk management strategies.
Proficiency in using the ODIN terminal for trade execution and monitoring.
Advanced Excel skills, with the ability to use complex formulas for analysis and reporting.
Experience in providing ledger balance details and account management insights to senior management.
Attention to detail in executing and recording trades.
Ability to work effectively under pressure in a fast-paced trading environment.
Ability to work effectively under pressure in a fast-paced trading environment.
Employment Type: Full Time, Permanent
Read full job description1-3 Yrs
1-3 Yrs