About the role

Aplyr's Quick Take

This role is for an ETF Trader focused on designing and improving algorithmic trading strategies, primarily in Asian markets. You'll be managing relationships with issuers and trading partners while collaborating with software engineers. It's an individual contributor role requiring strong analytical and programming skills.

Good fit

Ideal candidates have at least 3 years of ETF trading experience in China, Korea, or Taiwan, along with a solid understanding of derivatives and risk management. A background in programming, particularly with Python and SQL, is also beneficial.

Worth noting

The position emphasizes expansion in Asian markets, which may present unique growth opportunities. The initial screening includes a programming test, which could be a red flag for those less confident in coding.

Virtu is a leading financial firm that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide

THE ROLE

Our ETF Traders are responsible for the design, operation, and improvement of high‐performance algorithmic trading strategies deployed on both electronic trading venues and RFQ trading platforms around the world. Our ETF traders also build and manage relationships with issuers and other trading partners. This team works closely with software engineers to enhance and further develop the firm’s trading strategies. We are looking to significantly expand our market presence in China, Korea and Taiwan.

THE CANDIDATE

The ideal candidate has a minimum of 3+ years’ ETF experience trading in China, Korea or Taiwan.
Has strong understanding of derivative products and managing risk.
Superb mathematical and analytical skills.
Is experienced in programming and automation – Python and SQL a plus.
Has deep knowledge and execution capabilities across Chinese, Korean or Taiwan ETF markets.
Can Identify new business opportunities and cultivate new and existing client relationships in this region.
Is based in Singapore, or open to relocation.

THE PROCESS

After passing an application screening, candidates will be sent an online programming test via email from a service called HackerRank as a first step of the process. This is to gain an understanding of the candidates coding ability.

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

Skills & Tags

python go ai product design

Aplyr's read

Virtu Financial is a technology-driven trading firm excelling in market making and liquidity provision, attracting tech-savvy professionals and quantitative traders.
Synthesized from recent postings & public sources

What's promising

•Virtu Financial leverages cutting-edge technology to maintain a competitive edge in high-frequency trading.
•The firm offers diverse roles from software engineering to quantitative trading, appealing to a wide range of professionals.
•Virtu's global presence provides opportunities for international exposure and career growth.

What to watch

•High-frequency trading firms like Virtu face regulatory scrutiny that can impact operations.
•The fast-paced environment may lead to high stress and burnout among employees.
•Market volatility can significantly affect the firm's profitability and job stability.

Why Virtu Financial

•Virtu Financial stands out for its focus on technology-driven market making and liquidity provision.
•The firm offers a unique blend of finance and technology roles, attracting diverse talent.
•Virtu's commitment to innovation in trading technology differentiates it from traditional financial firms.

Aplyr’s read is generated by AI from public sources. Was it useful?