Trader - Market Making Specialist

Job summary

The Trader - Market Making Specialist will develop and implement market-making strategies to ensure liquidity across various trading pairs. They will also monitor market conditions and collaborate with technology teams to enhance trading infrastructure.

Job details

As one of Canada's largest and fastest growing cryptocurrency trading platforms, NDAX has set the bar high for the country's fintech industry and is constantly leading the way in terms of security and innovation. We're on a mission to empower more Canadians to unlock the full potential of digital finance. To address the various needs in the Canadian cryptocurrency space, NDAX has assembled a multidisciplinary team with diverse backgrounds, including finance, technology, engineering, compliance, marketing, and more. We're proud to have been recognized as one of Canada's Best Workplaces by Great Place to Work®. We are looking for a highly skilled and motivated Trader - Market Making Specialist to join our trading team. In this role, you will be responsible for ensuring liquidity in the market by actively managing the complexities of trading strategies and execution. You will collaborate with various teams to optimize market-making strategies, manage risk exposure, and enhance the overall trading performance. Key Responsibilities: Develop and implement market-making strategies to provide liquidity across various trading pairs Monitor and analyze market conditions, trading volumes, and competitor activities to anticipate market movements Utilize algorithmic trading strategies to optimize pricing, execution, and market positioning Manage risk exposure through quantitative analysis and effective hedging strategies Collaborate with technology teams to enhance trading infrastructure and implement new tools for operational efficiency Provide insights and reports on trading performance, identifying areas for improvement and opportunities Stay up-to-date with industry trends, news, and regulatory changes that may affect trading activities Contribute to team knowledge-sharing and training initiatives to build overall trading proficiency Requirements Bachelor's degree in Finance, Economics, Mathematics, or a related field 3+ years of experience in market making, proprietary trading, or a similar role within financial services In-depth knowledge of cryptocurrency markets, trading strategies, and market microstructure Strong analytical skills with proficiency in quantitative analysis and financial modeling Familiarity with trading platforms, algorithmic trading, and risk management tools Excellent communication and interpersonal skills to work effectively within cross-functional teams Ability to thrive in a fast-paced, dynamic environment, managing multiple priorities under pressure Proficiency in programming languages such as Python or R is a plus Benefits Competitive Compensation (Base salary plus performance-based bonuses) Extended Healthcare Plan (Medical, Disability, Dental & Vision) Life Insurance Paid Time Off Potential Equity or Stock Option Plan Training & Development Opportunities Bonus - Awards - Gifts Collaborative, fast-paced culture with a passionate team dedicated to shaping the future of crypto trading Modern offices with cutting-edge technology (or remote options for qualified candidates) Free access to gym (For Calgary based employees only)

What you’ll do

The Trader - Market Making Specialist will develop and implement market-making strategies to ensure liquidity across various trading pairs. They will also monitor market conditions and collaborate with technology teams to enhance trading infrastructure.

Requirements

Candidates should have a bachelor's degree in Finance, Economics, Mathematics, or a related field, along with 3+ years of experience in market making or proprietary trading. Strong analytical skills and familiarity with trading platforms and risk management tools are also required.

Benefits

• Competitive Compensation • Extended Healthcare Plan • Life Insurance • Paid Time Off • Potential Equity or Stock Option Plan • Training & Development Opportunities • Bonus • Awards • Gifts • Collaborative Culture • Modern Offices • Free Access to Gym

Listed skills

• Dedicated · Preferred
• collaborative · Preferred
• Analytical · Preferred
• analysis · Preferred
• Training · Preferred
• Teams · Preferred
• Compliance · Preferred
• Risk Management · Preferred
• management · Preferred
• Communication · Preferred
• Development · Preferred
• Time · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Market Making
• Trading Strategies
• Risk Management
• Quantitative Analysis
• Financial Modeling
• Algorithmic Trading
• Communication
• Interpersonal Skills
• Analytical Skills
• Cryptocurrency Markets
• Team Collaboration
• Operational Efficiency
• Industry Trends
• Regulatory Changes
• Python
• R

Job areas

• Finance & Accounting
• Technology
• Data & Analytics