: Equity Dealer
Location: Indore, India
Company Type: Proprietary Trading (Prop Desk) Firm
Experience: 0-4 Years
About the Role:
We are seeking a highly skilled and fast Equity Dealer to join our boutique proprietary trading firm in Indore. The ideal candidate will have a strong understanding of equity markets, excellent execution speed, and the ability to handle high-pressure environments efficiently. This role requires an individual who can work closely with portfolio managers, traders, and research teams to execute trades and manage portfolios.
Key Responsibilities:
• Order Execution:
Execute trades in equities across various exchanges with speed and accuracy, ensuring the best possible execution for the firm's trading strategies.
• Market Monitoring:
Constantly monitor the live market, identify trading opportunities, and respond swiftly to changes in price action, market depth, and liquidity.
• Portfolio Management Assistance:
Work closely with portfolio managers to rebalance portfolios, ensure appropriate asset allocation, and manage risk within defined parameters.
• Risk Management:
Assist in monitoring market exposure, ensuring adherence to risk management guidelines, and flagging any issues that may affect trading performance or compliance.
• Client Order Management (if applicable):
Manage and execute client orders efficiently, ensuring accuracy in order placement and proper communication of execution details to clients.
• Relationship Management:
Develop and maintain strong relationships with brokers, ensuring smooth communication and best price discovery for trades.
• Trade Reconciliation:
Ensure all trades are settled on time by working closely with the back office for trade reconciliation, resolving any discrepancies promptly.
• Compliance & Reporting:
Ensure all trades comply with regulatory requirements, firm guidelines, and exchange rules. Provide daily reports on executed trades, market activity, and positions.
Key Qualifications & Skills:
• Education:
Bachelor's or Master's degree in Finance, Economics, Business, or a related field.
• Trading Knowledge:
Strong understanding of equity markets, market microstructure, and execution strategies. Knowledge of order types, market depth, and trading mechanisms is essential.
• Speed & Accuracy:
Ability to execute trades quickly and efficiently under pressure, with a focus on minimizing slippage and errors.
• Analytical Skills:
Strong analytical and problem-solving skills to identify trading opportunities and manage risks.
• Technical Skills:
Proficiency in trading platforms (e.g., NSE NOW, ODIN, or similar terminals) and Microsoft Excel. Knowledge of algorithmic trading is a plus.
• Attention to Detail:
Precision in order placement and trade reporting is critical to success in this role.
• Communication Skills:
Excellent verbal and written communication skills for interacting with portfolio managers, clients, and brokers.
• Teamwork:
Ability to work collaboratively with the trading team, research analysts, and portfolio managers in a dynamic environment.
Preferred Experience:
• 0-4 years of experience in equity dealing, trading, or related roles in a brokerage firm, prop desk, or investment firm.
• Experience dealing in Indian equities and understanding the dynamics of Indian stock markets.
Added Advantage:
• NISM Certification (Equity Derivatives or Securities Markets) will provide a competitive edge.
• Experience with algorithmic trading or high-frequency trading environments.
• Knowledge of risk management and compliance procedures in trading.
What We Offer:
• Competitive compensation with performance-linked incentives.
• A dynamic, fast-paced working environment within a growing boutique investment firm.
• Exposure to senior management and direct involvement in the firm's proprietary trading strategies.
• Opportunities for career advancement and skill enhancement in equity markets.
• Salary based on interview
How to Apply:
Send your updated resume and a cover letter highlighting your experience in equity dealing and execution to twipl_indore@yahoo.co.in & twiplindore@gmail.com .
Job Type: Full-time
Pay: ?10,529.64 - ?20,853.85 per month
Schedule:
• Day shift
Experience:
• total work: 1 year (Preferred)
Work Location: In person
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