Equity Trader

2 weeks ago

Sandton, South Africa Momentum Securities Full time
Job Title: Equity And Derivatives Trader

Momentum Securities is seeking a skilled Equity And Derivatives Trader to join our team. As a key member of our trading team, you will be responsible for managing and executing trades for both our Derivatives and Equity offering.

Key Responsibilities:
  • Receive and execute orders from retail clients via various communication channels.
  • Place orders on the trading system and approve web-based orders from clients.
  • Reconcile and match trades received, reporting on the delivery of services against client instructions.
  • Provide accurate information to clients on stocks to assist them in making informed trading decisions.
  • Manage local and international corporate actions on stocks, collaborating with other teams for efficient execution.
  • Offer trading ideas and suggestions aligned with Momentum Securities' house view strategy.
  • Sell and market our offering to clients to grow the derivatives book.
  • Develop quantitative trading models and perform regular quantitative and statistical analysis.
  • Ensure accurate trade execution and derivatives pricing.
  • Mitigate risks associated with trading activities at client, market, and Momentum Securities levels.
  • Manage the derivative book, including interaction with internal and external derivatives service providers.
Requirements:
  • Bachelor's Degree in Finance / Accounting/ Business
  • Registered Equities trader
  • RPE Equity Markets and Derivatives
  • Proficiency in C#, Java, Matlab and VBA programming languages
Competencies:
  • Entrepreneurial and Commercial Thinking: Keeps up to date with competitor information and market trends. Identifies business opportunities for the organisation. Demonstrates financial awareness. Controls costs and thinks in terms of profit, loss and added value.
  • Attention to Detail: Provides accurate, consistent numbers on all paperwork. Provides information in a usable form and on a timely basis to others who need to act on it. Maintains a checklist, schedule, calendar, etc. to ensure that small details are not overlooked. Follows policies, procedures, safety and security measures in using various equipment. Work requires little or no checking. Writes down important details in messages or communications so the details are not lost or forgotten.
  • Analytical Thinking: Analyses numerical data, verbal data and all other sources of information. Breaks information into component parts, patterns and relationships. Probes for further information or greater understanding of a problem. Makes rational judgements from the available information and analysis. Produces workable solutions to a range of problems. Demonstrates an understanding of how one issue may be a part of a much larger system.
  • Deciding and Initiating Action: Makes prompt, clear decisions, which may involve tough choices or considered risks. Takes responsibility for actions, projects and people. Takes initiative, acts with confidence and works under own direction. Initiates and generates activity.
  • Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction. Sets high standards for quality and quantity. Monitors and maintains quality and productivity. Works in a systematic, methodical, and orderly way. Consistently achieves project goals.

  • Junior Equity Trader

    3 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Junior Equity Trader

    3 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Xva Trader

    4 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary The...

  • Equities and Equity Derivatives Market Manager

    2 weeks ago

    Sandton, South Africa JSE Limited Full time

    {"h3":{"text":"About the Role"},"p":{"text":"We are seeking a highly skilled and experienced professional to lead our Equities and Equity Derivatives business. The successful candidate will be responsible for managing a team of product specialists, driving growth and ensuring the markets are liquid and globally competitive.Key responsibilities will include...

  • Xva Trader

    4 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary **Job...

  • Equities and Equity Derivatives Market Manager

    3 weeks ago

    Sandton, South Africa JSE Limited Full time

    About Our CompanyJSE Limited is a leading financial institution that values its employees and fosters a culture of continuous learning and high standards of performance.Job SummaryWe are seeking a highly skilled and experienced professional to manage a team of product specialists in achieving growth of Equities and Equity Derivatives markets.Key...

  • FX Algorithmic Trader

    2 weeks ago

    Sandton, South Africa FirstRand Bank Limited Full time

    Description To lead the design and implementation of algorithms for automated trading and leverages quantitative models to execute trades automatically based on predefined criteria. Use subject matter experience in computer programmes and mathematical models to execute trade with optimal efficiency, structured risk models and speed. Apply sophisticated...

  • Senior Front Office Technical Analyst

    3 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Trade and Execution Operations Specialist

    4 months ago

    Sandton, South Africa FirstRand Bank Limited Full time

    Description To perform complex work tasks that support front office teams with the fulfilment of the processing functions of confirmations, settlements, and reconciliations across the various product sets and in understanding the processes support with the management of query remediation in the trade life-cycling and other day-to-day processing,...

  • Fx Dealer

    4 months ago

    Sandton, South Africa Bidvest Bank Full time

    **Primary Purpose** Execute foreign exchange trades professionally, profitably, and ethically **Minimum Requirements** **REQUIRED MINIMUM EDUCATION AND TRAINING** - Fais RE5 - Good MS Office skills, especially Excel - ACI Dealing Certificate/ ACI operations certificate (preferably BCom or similar) **REQUIRED MINIMUM WORK EXPERIENCE** - 2 - 5 YEARS FX...

  • Product controller-1

    2 weeks ago

    Sandton, South Africa FirstRand Bank Limited Full time

    Description To resolve issues being experienced by Traders, systems or operations as efficiently as possible as well as report on profits daily RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. United by our proud heritage, strong ethics and philosophy of Traditional...

  • Senior Manager: Money Market

    2 months ago

    Sandton, South Africa Bidvest Bank Full time

    Primary PurposeManage the liquid asset portfolio optimally for high yield whilst maintaining other bank regulatory metrics. Deliver high-standard work and be comfortable with change. Tactical trading in money market instruments to deliver performance vs budgets, identify and address risk and maximize opportunities. Build on the organization's trading by...