Trader - Market Making Specialist

NDAX Canada Inc.

• $100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, or related field
  • 3+ years of experience in market making or proprietary trading
  • In-depth knowledge of cryptocurrency markets and trading strategies
  • Strong analytical skills with proficiency in quantitative analysis
  • Familiarity with trading platforms and risk management tools
  • Excellent communication skills for cross-functional collaboration
  • Ability to thrive in fast-paced, dynamic environments
  • Proficiency in programming languages like Python or R is a plus

Responsibilities

  • Develop and implement market-making strategies to ensure liquidity
  • Monitor and analyze market conditions and trading volumes
  • Utilize algorithmic trading strategies for pricing and execution optimization
  • Manage risk exposure through quantitative analysis and hedging
  • Collaborate with technology teams to enhance trading infrastructure
  • Provide insights and reports on trading performance and improvement areas
  • Stay updated on industry trends and regulatory changes
  • Contribute to knowledge-sharing and training initiatives within the team

Benefits

  • Competitive Compensation including performance-based bonuses
  • Extended Healthcare Plan including Medical, Disability, Dental & Vision
  • Life Insurance coverage
  • Paid Time Off for personal and vacation days
  • Potential for Equity or Stock Option participation
  • Training and Development Opportunities for career growth
  • Bonus and Awards incentives
  • Collaborative, fast-paced culture focused on innovation in crypto trading
  • Modern offices with advanced technology or remote options for eligible candidates
  • Free access to gym facilities for Calgary-based employees
Full Job Description
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)

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