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Intraday Algo Trader
Macquarie Group
Dubai, UAE
Full Time
Senior
1 months ago
Algorithmic TradingIntraday Power MarketsPythonC++Quantitative AnalysisRisk Management
Free
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Algorithmic TradingIntraday Power MarketsPython
About the Role
Macquarie Group is seeking an experienced Intraday Algorithmic Trader to join a new desk covering proprietary intraday power trading across European markets. The role involves designing, implementing, and optimizing algorithmic trading strategies, with a focus on generating strong risk-adjusted returns.
Key Skills for This Role
Algorithmic TradingIntraday Power MarketsPythonC++Quantitative AnalysisRisk Management
Responsibilities
- Identify and capitalise on opportunities in the intraday power markets
- Design, implement, and optimise algorithmic trading strategies
- Continuously monitor performance to improve profitability and manage risk
- Work closely with fellow Algo, discretionary traders and developers to strengthen models and enhance execution
- Apply data driven techniques for backtesting and validation
- Stay ahead of market trends, regulatory developments, and emerging technologies
- Contribute insights that shape the firm’s broader trading strategy
Requirements
- Proven experience in algorithmic trading within intraday power markets (minimum 3+ years)
- Strong quantitative and programming skills, with proficiency in Python, C++, or other relevant languages
- Deep understanding of European, Japanese, or US power markets, including pricing dynamics and intraday trading strategies
- Demonstrated ability to develop, test, and deploy algorithmic trading strategies
- Strong risk management capabilities and experience operating in a performance driven trading environment
- Proven track record of generating consistent profits through algorithmic trading
- Ensure adherence to all relevant regulatory requirements
- Strong entrepreneurial mindset with the ability to independently source, evaluate, and structure new trading opportunities
- Demonstrated success in high pressure environments and collaborative team settings
- Fluent in English, with proficiency in additional languages considered an advantage
Full Job Posting
Role Overview
- The Intraday Trading team is a new desk in Macquarie covering proprietary Intraday power trading across European markets and leading expansion into new territories.
- We are at an advanced stage developing proven strategies and when established will play a pivotal role in Macquarie’s global commodities business.
- We foster a collaborative and entrepreneurial environment, leveraging fundamental, quantitative, and technical analysis to identify trading opportunities.
What role will you play?
- As an Intraday Algorithmic Trader, you will join a growing trading team, identifying and capitalising on opportunities in the intraday power markets.
- You will design, implement, and optimise algorithmic trading strategies, continuously monitoring performance to improve profitability and manage risk.
- Working closely with fellow Algo, discretionary traders and developers, you will strengthen models, enhance execution, and apply data driven techniques for backtesting and validation.
- You will stay ahead of market trends, regulatory developments, and emerging technologies, contributing insights that shape the firm’s broader trading strategy.
What You Offer
- Proven experience in algorithmic trading within intraday power markets (minimum 3+ years).
- Strong quantitative and programming skills, with proficiency in Python, C++, or other relevant languages.
- Deep understanding of European, Japanese, or US power markets, including pricing dynamics and intraday trading strategies.
- Demonstrated ability to develop, test, and deploy algorithmic trading strategies.
- Strong risk management capabilities and experience operating in a performance driven trading environment.
- Proven track record of generating consistent profits through algorithmic trading.
- Ensure adherence to all relevant regulatory requirements.
- Strong entrepreneurial mindset with the ability to independently source, evaluate, and structure new trading opportunities.
- Demonstrated success in high pressure environments and collaborative team settings.
- Fluent in English, with proficiency in additional languages considered an advantage.
About Commodities and Global Markets
- Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Our commitment to diversity, equity and inclusion
- We are committed to providing a working environment that embraces diversity, equity, and inclusion.
- We encourage people from all backgrounds to apply regardless of their identity.
- Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment.
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