Eclipse Trading
2022 Intake Graduate Trainee Trader
Opportunity expired
Opportunity details
- Graduate Job or Program
- AUD 110,000 / Year
- Apply by 31 Mar 2021
Do trading and the financial markets excite you? Are you a risk taker who enjoys problem solving? Eclipse Trading is looking for upcoming campus graduates, who are passionate and decisive, and desire to work in a fast paced trading environment. The environment is team-oriented, and your strong analytical and quantitative skills are key in becoming a successful trader. The market moves fast on a daily basis, so it is important to have a healthy competitive attitude and a result orientated mind-set to succeed in this role.
Eclipse Trading is a leading equity derivatives proprietary trading firm, specialising in options market making. Our strengths are our trading expertise and strategies, with a strong focus on technology. Founded in 2007, we trade several Asian markets, with headquarters in Hong Kong and offices in Sydney and Shanghai.
The successful candidate will go through an intensive training program, which typically lasts for 3-6 months. You will study options theory and different arbitrage strategies and the knowledge you learn will be tested in a simulated trading environment. From day one, you will be given responsibilities as a member of our successful trading team. The learning curve is steep, so a proactive approach will be essential.
What you offer:
- Recently graduated or having graduated in the last 2 years in a Finance, Math, Business or Engineering discipline
- Passion for trading and financial markets
- High level of numerical ability
- Competitive mind-set
- Decision-maker
- Ability to work under pressure
- Willingness to continuously learn
- Motivation to work independently
- Fluency in English is essential
What we offer:
- A dynamic and collaborative work environment where the focus is on getting things done efficiently instead of working long hours
- A flat management structure where everyone's opinion is valued
- A hands-on experience in the most exciting part of the financial industry, with a direct impact on trading
Compensation: Annual salary of AUD110,000 for the first year, plus bonus
Reviews
Write code in java to aid the business Communicate with other teams to gather business requirements
As a Trainee Trader, my daily responsibilities include constantly monitoring and evaluating the positions I hold in my books, trading from 9-4 (with a 1hr lunch break) and completing any admin tasks/projects to help the desk
Trading specific products, PNL reconciliation/reports,other trading related research/projects
About the employer
Eclipse Trading
4.1
100 - 500 employees
Trading
Weโre a low latency, leading electronic equity derivatives proprietary trading firm, specialising in options market making.
Pros and cons of working at Eclipse Trading
Pros
Small team so wide scope and variety of tasks to engage with and learn.
Friendly culture that encourages learning. Coworkers are always happy to help with questions.
Stocked pantry, two-month training in Hong Kong with flights and accommodation covered.
Great location and facilities. Well looked after within the office with stocked pantry, good PC setup. No dress code.
Fairly clear timeline on promotions, and what is expected to be promoted.
Cons
Workload can get a bit heavy especially for juniors as we lack the necessary skills to complete tasks in time.
Definitely gets a bit intense sometimes, but that's part in parcel of a job in this industry.
Need to have basic knowledge/interest in the financial markets.
Across teams it may pose a bit of a challenge to reach a conclusive agreement on decisions, a bit of back and forth.
Not aware of any sustainability efforts.