Equity Trader - Babuntu Asset Management Consultancy
ABOUT THIS JOB
Our client is an asset management unit with focus on trading in the financial markets and is looking to add students in their final year of university and recent graduates to their tight-knit group of seasoned and intermediate traders. Successful applicants will be given the opportunity to join our trading floor and undergo a brief initial training period, after which they will trade global stocks and ETFs with an industry-leading execution platform.
*Please Note : Work hours are between 4PM and Midnight in Dubai - ie. during the regular Wall Street session.*
WHAT TO EXPECT
New trader interns will be provided with education materials and videos to familiarise themselves with the inner workings of the stock market, equity valuation, Japanese candlestick charting, level 2s, technical chart patterns and tier-size risk management. These methods work across the FX, commodities and futures markets. New traders will initially be tested on a paper-money account on which to practice execution, before going live with firm capital. All traders are in charge of their profit and loss.
Traders will have a chance to interact on our trading floor, share ideas and are expected to record a profitable track record within 8 months using the methodology taught, or their own academic intuition. This position is not salaried during the 3 month shadow period (June through August) - compensation is based 100% on your trading profits and your ability to adhere to risk parameters in a competitive environment. Profitable traders will receive a weekly payout directly correlated with their winnings from the start.
This position exposes you on a basic level to all the facets of the investment industry; from idea generation, analysis and quantitative research, trade/strategy development to capital raising and client management. We cultivate the members of our team to be the ultimate industry professionals, and hire interns with the intention of re-inviting them for full time work after graduation. Fresh economics graduates and financial market enthusiasts are also encouraged to apply - a career in trading can be very rewarding and is a means to create independent income and jumpstart a career in finance. Interns with programming experience will be taught methods of quantitative finance and algorithmic trading to code & build their own trading strategies in-house if they opt to do so. Equity trading requires risk, uncomfortable parties should refrain from applying.
Job Details
| Date Posted: | 2015-04-05 |
| Job Location: | Dubai, United Arab Emirates |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Consulting Services; Finance/Economics |
Preferred Candidate
| Career Level: | Entry Level |
| Degree: | Bachelor's degree |
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Labels: 2015 at 04:52PM, April 05

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