Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Quantitative Finance, Financial ServicesIndustries

Job Description: Python Developer

Position Overview

  • Location Type: Onsite (Mumbai)
  • Job Type: Full-time
  • Salary: Not specified

AlphaGrep is a quantitative trading and investment firm founded in 2010. We are one of the largest firms by trading volume on Indian exchanges and have significant market share on several large global exchanges as well. We use a disciplined and systematic quantitative approach to identify factors that consistently generate alpha. These factors are then coupled with our proprietary ultra-low latency trading systems and robust risk management to develop trading strategies across asset classes (equities, commodities, currencies, fixed income) that trade on global exchanges. Our team based in Mumbai is looking for a Python developer.

Responsibilities

  • Monitoring production trading for risk and compliance issues and quickly responding to unusual behaviors or market conditions.
  • Working as a team with senior traders to operate and implement our automated trading strategies.
  • Troubleshooting production issues, managing risk, pre and post production jobs, reconciling positions, interacting with exchanges, brokers, and production support team to seamlessly manage and monitor the team's strategies.

Requirements

  • A bachelor’s degree from a top-tier college or university
  • At least 2 years of experience in a trade support role
  • Experience with SQL, Python, and Linux (Must)
  • Working knowledge of risk control of equities, futures, options markets
  • Solid experience with high-frequency automated trading strategies
  • An understanding of exchange-specific rules and procedures
  • Strong problem-solving, mathematical, and quantitative reasoning skills
  • Extremely organized, detail-oriented, and able to work independently
  • Excellent communication skills and fluency in English for business purposes

Company Information

AlphaGrep is a quantitative trading and investment firm founded in 2010. We are one of the largest firms by trading volume on Indian exchanges and have significant market share on several large global exchanges as well. We use a disciplined and systematic quantitative approach to identify factors that consistently generate alpha. These factors are then coupled with our proprietary ultra-low latency trading systems and robust risk management to develop trading strategies across asset classes (equities, commodities, currencies, fixed income) that trade on global exchanges.

Why You Should Join Us

  • Great People: We're curious engineers, mathematicians, statisticians, and like to have fun while achieving our goals.
  • Transparent Structure: Our employees know that we value their ideas and contributions.
  • Relaxed Environment: We have a flat organizational structure with frequent activities for all employees such as yearly offsites, happy hours, corporate sports teams, etc.
  • Health & Wellness Programs: We believe that a balanced employee is more productive. A stocked kitchen, gym membership, and generous vacation package are just some of the perks that we offer our employees.

Skills

SQL
Python
Linux
Risk Control
High-Frequency Trading
Exchange Rules
Problem-Solving
Mathematical Skills
Quantitative Reasoning
Communication

AlphaGrep Securities

Quantitative trading and market-making firm

About AlphaGrep Securities

AlphaGrep specializes in quantitative trading and investment by developing and executing algorithmic trading strategies. The firm uses advanced mathematical and statistical methods to analyze large amounts of financial market data, allowing it to identify and take advantage of small inefficiencies in the market. AlphaGrep operates on over 30 exchanges worldwide, trading across all asset classes and is recognized as a leading global market maker, ranking high in trading volume on various exchanges. Unlike many competitors, AlphaGrep focuses on creating value through innovation rather than imitation, constantly seeking new opportunities in the financial markets. The company's goal is to provide liquidity and efficient market-making services to a diverse range of clients, including institutional investors, while generating revenue through its proprietary trading strategies.

None, Hong KongHeadquarters
2010Year Founded
M_AND_ACompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Benefits

Wellness Program
Gym Membership
Paid Vacation

Risks

New algorithmic trading firms increase competition, threatening AlphaGrep's market share.
Regulatory scrutiny on high-frequency trading may raise AlphaGrep's operational costs.
Cyber-attacks on financial institutions could lead to data breaches for AlphaGrep.

Differentiation

AlphaGrep specializes in algorithmic trading across over 30 global exchanges.
The firm uses advanced mathematical techniques to exploit market inefficiencies.
AlphaGrep focuses on innovation, not imitation, in financial market exploration.

Upsides

AI-driven trading strategies enhance AlphaGrep's algorithmic capabilities.
DeFi platforms offer new opportunities for AlphaGrep in liquidity provision and arbitrage.
5G advancements accelerate AlphaGrep's ultra-low latency trading infrastructure.

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