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Analyst/Senior Analyst/Associate – Index & Forward Trading

Hong Kong

Join a highly entrepreneurial and passionate team of traders.

With a proven track record, you will be working as a trader on the Index & Forward Trading desk alongside a team of highly motivated individuals to carry out index arbitrage and related delta-one activities across various Asian markets from our Hong Kong office.

Reporting to the Hong Kong Head of Index & Forward Trading, you will trade listed and OTC products such as stocks, ETFs, stock/index/dividend futures, forwards, and equity swaps in order to maximise risk-adjusted returns. Besides index arbitrage, you will also be involved in corporate actions/event trading and other proprietary trading strategies. You will be constantly on the lookout for balance sheet and funding optimisations, as well as ways to advance the technology, operations and front office platforms. You should explore, identify, pitch and execute upon new trades, strategies, products and markets.

The successful candidate would benefit from experience in the pricing of index futures/swaps and FX forwards and familiarity with index management principles and mechanisms (e.g. adjustment methodologies, scheduled rebalances, divisors and price adjustment factors). You may also bring a proficiency with risk management systems, trading platforms and execution algos. Prior experience with Asian markets and regulations is highly valued, and Mandarin language abilities, while not a requirement, are a plus.  Knowledge of python would also be advantageous.

The Equity Derivatives and Trading (EDT) Division operates around the world to provide unique opportunities to clients and greater efficiency to financial markets across the spectrum of asset classes and financial products. The EDT team levers Macquarie's strengths to achieve optimal outcomes and deliver value. It specialises in solutions to help provide financing, liquidity and market access and to help navigate licensing environments, transaction costs, investor mandates and multiple listings across different time zones. It offers and invests in products such as swaps, P-notes, warrants, options, depository receipts, repos and loans.

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About Commodities and Global Markets

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities.

Our commitment to Diversity and Inclusion 

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

We recognise that flexibility comes in a variety of forms. Talk to us about what flexibility you need.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 15,000 employees and offices in 31 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, investment banking and principal investment.

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Job no: CGM-954946
Work type: Full time
Location: Hong Kong
Category: Mid-level, Junior, Commodities, Trading
Group: Commodities and Global Markets
Division: Equity Derivatives and Trading
Recruiter: Bess Ng
Opening Date: