The role involves developing and maintaining low-latency trading infrastructure and applications, optimizing code, and troubleshooting trading strategies in the equity derivatives space.
Position DescriptionThe CITICS CLSA Equity Derivatives team (EQD) offers its clients a wide range of products and services meeting different needs like risk management, investment return enhancement, financing, and cross-border market access. EQD’s products and services include Prime Services, Derivative Products, Quantitative Investment Strategies (QIS), and Market Making. EQD Quants is a team of quantitative analysts who specialize in quantitative finance and technology and work closely with EQD traders, sales and structuring teams. EQD quants design and implement EQDs e-trading infrastructure, market making systems, and trading systems for OTC non-linear, QIS, OTC prime and delta one.This role will be primarily focussed on developing and enhancing market making and trading strategies for EQD in India and other Asia-Pacific markets. The hire will report locally to the head of EQD Quant India and work closely with (a) EQD developers in Hong Kong and London, (b) EQD Quants in Mumbai, Hong Kong, and London (c) CITICS CLSA’s technology teams in Pune and Asia-Pacific. The position will report to the EQD Quant India head in Mumbai.Key Areas of ResponsibilitiesThe day-to-day responsibilities of the EQD Developer will include—
- Development of front-office low-latency trading and execution infrastructure and applications using C++ in India and other Asia-Pac markets
- Maintenance of the above infrastructure and applications
- Understanding business requirements and trading strategies and translating them into technical specifications
- Optimising code of EQD’s trading infrastructure and improving application performance
- Troubleshooting and debugging EQD’s trading and market making strategies
- Staying up to date with latest technological trends
- Production support (as and when required)
- Building and enhancing infrastructure and libraries that can be reused by other EQD developers
- A bachelor’s degree in engineering from a top-tier Indian institute (e.g., the top IITs) and/or a master’s or PhD degree in a quantitative field (Mathematics, Physics, Computer Science, Electrical Engineering, Quantitative Finance, etc.) from a top-tier Indian or foreign university
- 3-5 years of professional industry experience, ideally in development of trading strategies
- Knowledge of options, futures and other equity derivatives, especially in India
- Strong programming skills and experience in C++ (17.0 or later) and Python
- Self-starter with a passion for coding and strong analytical and problem-solving skills
- Ability to work in a fast-paced environment and deliver solutions under pressure
- Experience developing market making and trading strategies in India/APAC markets
- Experience working as a developer in a market making or trading environment
- Excellent collaboration and communication skills
- Experience of trading on the NSE or BSE using low-latency or ultra-low-latency real-time data
- Experience of working on FPGAs
- Ability to adapt to new technologies and frameworks
Stay informed on CITIC CLSA Job Opportunities
Not the right fit? You can create a job alert to receive our latest job openings that meet your interest.
Top Skills
C++
Low-Latency Trading Systems
Python
Similar Jobs
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Responsible for driving business opportunities within mid-market clients, maintaining relationships, forecasting sales, and collaborating with internal teams to succeed in sales quotas.
Top Skills:
Business DevelopmentCybersecurity SolutionsSales Process
Yesterday
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
The Collaboration Tool Engineer is responsible for administering, securing, and optimizing multiple collaboration platforms, ensuring compliance and integration, while enhancing user experience across the organization.
Top Skills:
AsanaBoxDropboxKalturaMiroNextup.AiPowershellPythonRest ApisSmartsheetSso/Saml
Artificial Intelligence • Analytics
The Associate Helpdesk role involves providing L1 desktop support, including hardware and software troubleshooting, asset management, and ticket logging for end users at Sutherland.
Top Skills:
AdobeAnti-Virus SoftwareLogmeinOffice 365Open OfficePrint ServersTechnologies For Data Backup And RestorationWindows 10Windows 11
What you need to know about the Mumbai Tech Scene
From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.
