What are the responsibilities and job description for the Algorithmic Trader position at Eagle Seven?
Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all aspects of trading desk operations. The right candidate will have a passion for capital markets, work well in a collaborative team setting, and be a motivated self-starter.
Primary Responsibilities include:
- Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives
- Monitoring of trading activity and positions consistently throughout the shift
- Performing research and post trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve profitability of existing models
- Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha
- Working closely with strategy developers to collaborate, propose, and test certain strategy specific code changes related to execution, pricing, and risk management
- Communicating with risk managers and internal technology groups regarding production issues
- Building and maintaining quantitative modeling tools and analytics
- Working with back office to solve for trade breaks, position & activity reconciliation exceptions