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Market Making Trader Specialist

NDAX Inc.Calgary, Alberta, Canada
On-site Full-time

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Experience Level

Experience

Qualifications

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 the financial services sector. Comprehensive understanding of cryptocurrency markets, trading strategies, and market microstructure. Strong analytical abilities with expertise in quantitative analysis and financial modeling. Familiarity with trading platforms, algorithmic trading, and risk management tools. Exceptional communication and interpersonal skills to collaborate effectively in cross-functional teams. Able to excel in a fast-paced, dynamic environment, managing multiple priorities under pressure. Proficiency in programming languages such as Python or R is a plus.

About the job

NDAX, one of Canada's largest and rapidly expanding cryptocurrency trading platforms, is at the forefront of the fintech industry, setting high standards in security and innovation. Our mission is to empower Canadians to harness the full potential of digital finance. To meet the diverse needs of the Canadian cryptocurrency market, NDAX has built a multidisciplinary team with expertise spanning finance, technology, engineering, compliance, marketing, and more.

We take pride in being recognized as one of Canada’s Best Workplaces by Great Place to Work®.

We are seeking a talented and driven Market Making Trader Specialist to join our trading team. In this role, you will play a crucial part in ensuring liquidity within the market by adeptly managing the complexities of trading strategies and their execution. You will work closely with various teams to optimize market-making strategies, manage risk exposure, and elevate overall trading performance.

Key Responsibilities:

  • Formulate and execute market-making strategies to enhance liquidity across multiple trading pairs.
  • Continuously monitor and evaluate market conditions, trading volumes, and competitor actions to predict market movements.
  • Leverage algorithmic trading strategies to refine pricing, execution, and market positioning.
  • Manage risk exposure through quantitative analysis and effective hedging techniques.
  • Collaborate with technology teams to improve trading infrastructure and introduce new tools for operational efficiency.
  • Deliver insights and reports on trading performance, identifying areas for enhancement and opportunities for growth.
  • Stay informed on industry trends, news, and regulatory changes that could impact trading operations.
  • Participate in team knowledge-sharing and training initiatives to bolster overall trading expertise.

About NDAX Inc.

NDAX is a leading cryptocurrency trading platform in Canada, dedicated to providing secure and innovative solutions in the fintech space. Our diverse team is committed to empowering Canadians in the digital finance landscape.

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