Position Overview:
The Equity Trader will be responsible for executing trades based on market analysis and strategic direction from senior management. The role involves real-time decision-making, managing open positions, and ensuring compliance with risk and trading protocols.
Key Responsibilities: -Trade Execution:- Execute buy and sell orders for equities according to the company’s trading strategies.- Monitor real-time market movements, trading volumes, and price changes to identify trading opportunities.- Ensure best execution of trades by managing order routing and trading platforms effectively.- React swiftly to market developments and adapt strategies to capture opportunities or mitigate risks. -Market Analysis:- Continuously monitor equity markets, technical indicators, and news that could impact price movements.- Analyze intraday price trends and patterns to identify short-term opportunities.- Collaborate with technical analysts to refine entry and exit points based on technical analysis.-Risk Management:- Adhere to pre-defined risk management strategies, including position sizing, stop-loss levels, and trade exposure limits.- Regularly review open positions to ensure compliance with risk management guidelines.- Monitor daily performance, identifying areas of improvement for future trades. -Reporting and Documentation:- Maintain accurate trade logs and records of executed trades for compliance and reporting purposes.- Prepare daily summaries of trade activities, including rationales for key trades, for internal review.- Communicate trade decisions and market insights with the Head of Equity Trading and senior management.-Collaboration:- Work closely with the Head of Equity Trading and technical analysts to ensure alignment with overall trading strategies.- Participate in strategy sessions, sharing insights and feedback to optimize trading approaches. -Compliance:- Ensure all trading activities comply with internal guidelines and external regulatory requirements.- Stay informed on any regulatory changes affecting equity markets and adjust practices as needed. -Qualifications:- 2-5 years of experience in equity trading, with a solid understanding of market dynamics.- Proficiency with trading platforms and market analysis tools.- Strong decision-making and risk management skills in fast-paced environments.- Knowledge of technical analysis and familiarity with various charting tools.- Ability to work well under pressure and manage multiple trades simultaneously.