Senior Spot Trader
Senior Spot Trader
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Our client is looking for a commercially driven and technically savvy Spot FX & Crypto Trader to join their trading team. The role involves real-time market making and pricing across spot FX and crypto pairs direct client negotiation and active involvement in developing and improving pricing engines and trading infrastructure.
This is a hybrid role requiring deep market insight strong client-facing skills and the ability to collaborate with developers and quants on trading system enhancements.
Job type: Fulltime/ Permanent
Location: Cape Town
Workplace: Hybrid
Requirements
- Bachelors or Masters degree in Finance Economics Computer Science Engineering or a related field.
- Professional certifications (e.g. CFA CA FASSA) are advantageous but not required.
- 26 years of experience in spot or derivative market making.
- Prior experience in OTC or institutional crypto or FX trading is highly preferred.
- Proven track record in pricing risk management and client interaction in fast-moving markets.
- Experience with both centralized and decentralized crypto venues is a strong advantage.
- Strong understanding of pricing models market making order books and market dynamics.
- Familiarity with FIX protocols WebSocket APIs and trading platform integrations.
- Ability to work closely with technical teams to test validate and deploy system updates.
- Excellent communication and interpersonal skills.
- Strong attention to detail and high risk awareness.
- Calm under pressure and confident in decision-making during market volatility.
- Entrepreneurial analytical and collaborative mindset.
Responsibilities
Pricing & Trading
- Make competitive two-way prices across major and emerging market FX pairs and leading crypto assets (e.g. BTC USDT).
- Monitor liquidity venues OTC flows and market depth to optimize pricing and execution quality.
- Maintain real-time visibility on P&L inventory spreads and risk exposures.
- Execute trades and manage flows while adhering to defined risk limits and compliance policies.
Client Interaction
- Quote spot FX and crypto prices directly to institutional and high-volume clients.
- Negotiate trade terms and manage client expectations on pricing and execution.
- Act as a market intelligence source providing insights into market movements and pricing rationale.
- Collaborate with the sales team to support onboarding pricing strategies and client retention.
System & Infrastructure Development
- Work with quant and engineering teams to improve the pricing engine trading algorithms and execution logic.
- Suggest and test enhancements for latency reduction pricing accuracy and auto-hedging logic.
- Analyze trade data to optimize spreads slippage and trading performance.
- Help define requirements and test cases for system upgrades new product launches and venue integrations.
Support the COO
- Collaborate with the COO to enhance business processes and revenue-generation strategies.
- Assist with ad hoc tasks and initiatives as needed.
- Attend stakeholder meetings on behalf of the COO when required.
Employment Type
Full Time
