BLB Limited is an India-based holding company engaged in equity, commodity & derivatives trading. Led by Mr. Brij Bagri, the Company has been enriched by his experience of around 36 years in capital market and stands today with a Group net worth of Rs.250 crores.
For the last 40 years, the company has been a pioneer and leader in Equity Jobbing and Arbitrage in India. The company has controlled around 4% capital market share and has been consistently recognized and ranked among 'Top Volume Drivers' by BSE and NSE.
To reposition its proprietary Equity Derivative trading space, with program/software driven trading, algorithmic trading and electronic high-frequency trading, BLB Limited looks to hire a candidate with domain expertise in them and a proven track record. The company has one of the best platforms in terms of infrastructure. BLB is looking for a dynamic leader to head the equity trading desk. This position offers a stimulating and highly rewarding work environment and compensation potential.
We wish to invite talent having experience & expertise in any one or all of the following asset class: Equities/Commodities/Forex.
ONLY those who desire to associate on a long-term basis, work with real ownership and aim to create a world class trading desk for the company should apply.
Position:
Head – Trading – Equities
Head – Trading – Commodities
Head – Trading -- Forex
Job Description:
Responsibility for leading the Proprietory Equity, Commodity and Forex Trading desk. Excellent knowledge of trading on multi-platform exchange environment and hands-on involvement with the software/technology team to design and develop trading strategies, algorithms, optimizing trading infrastructure and generating high returns.
Focus-Futures/Options Trading
(Equity/Commodity/Forex)
• Proficient in developing Futures/Option Trading Strategies and executing them by creating and training a team of traders
• Proficient in Software-driven Equity/Commodity /Forex Arbitrage (Cash-Future/ Spread Trading) using proprietary trading systems, while 'optimizing' performance, fund deployment and trading infrastructure
• Proven track record in High-Frequency Trading (HFT), configuring and monitoring automated trading system with intra-day trading strategies.
• Proficient in strategies in Index Arbitrage
• Traded and Developed Algorithmic/ Systematic Trading by working closely with the Software team with computer programmers and analysts combining quantitative methods, technological infrastructure and trader expertise for back testing, new trading strategy development, and optimizing performance of existing strategies.
• Manage all trading software related issues.
Experience
• Minimum 5 years of experience at a prop desk as team leader / Head or self-employed traders for any one of the above mentioned asset class or all of them.
• Currently working as a trader with expertise in using software and equivalent experience of high-frequency trading/algorithmic –trading.
• Experienced trader on international exchanges such as LME, CME, DGCX, SGX etc... Trading Expertise in domestic exchanges required as well.
• Know-how of Fundamental and Technical Analysis to analyze market conditions, economic data and financial information, sector fundamentals for equity, commodity, forex markets.
Qualification & Skill Set
• Vision and Determination to associate on a long-term basis. Leadership abilities to build, lead the trading desk.
• Desire to achieve record turnovers while generating marketing beating returns.
• Strong Quantitative background, Excellent numerical and analytical skills.
• Detail orientated and conscientious working manner
• Ambitious and keen to take on responsibility in an organization that provides a high level of autonomy and individual responsibility
• Strong Entrepreneurial and Leadership skills
• Good communication skills
Technical Competency
• Experience with C++, C#, JAVA, MS Excel, VBA, R, and /or MATLAB, MS SQL.
• Hands-on in any of the following trading software: NEST, FlexTrader, RTS, Apama, Presto, AlgoStudio, ODIN or any other.
Candidates can mail their updated resume to riniaby.bcpl@blblimited.com
