About Flow Traders
Flow Traders’ Offices: Amsterdam (headquarters), New York, Singapore, Cluj and Hong Kong
Number of employees: 400
Position: Junior Trader
Since 2004, Flow Traders has been a principal trading firm and one of the world’s largest liquidity providers, specialized in Exchange Traded Products (ETPs). Our headquarters in Amsterdam and offices in New York, Singapore, Cluj and Hong Kong accommodate more than 400 employees. Throughout the years, Flow Traders has received the industry’s recognition, winning numerous awards and has been listed as a company since 2015.
Flow Traders is a privately held financial firm that keeps pace with global markets. Our business expands each day by adding new products across an ever-broadening range of markets around the globe.
Flow Traders stays ahead of the competition by focusing on technology and niche competencies in markets where every second counts. This requires access to the best information and the ability to respond instantly. To achieve this, Flow develops its own software in-house. Our team of software developers works in partnership with experienced traders to identify and execute tomorrow's strategies, making Flow a daily pioneer in professional trading.
In order to maximize our performance and facilitate our international growth, Flow Traders heavily invest in our employees. The backbone of our success is the collection of creative doers, thinkers, and above all, believers who form our company. Flow Traders fosters a strong team-oriented culture which rewards people for their contributions to the company as a whole rather than only in their direct area of responsibility.
The Junior Trader Position
As a trader with Flow you manage and optimize our daily position (pricing and trading) in a wide range of financial products, including equities, bonds, derivatives and complex structured products. You formulate innovative trading strategies and – in close collaboration with our software engineers – develop trading models and tools that you will implement on the trading desk.
Training & Development
Because of the specific nature of the work-environment, we do not expect you to plunge headfirst into your new job. Instead, you will start by following in a three months intensive in-house training program that covers all the intricate details of the trading processes. As a member of an informal team, you will then gradually take on more responsibilities, start monitoring markets and only then start making split-second portfolio adjustments that are at the heart of our success. From trading to devising tactics, and from contributing to new tools to implementing actual programs: you help shape our trading strategy.
What we offer
Flow Traders offers you an exciting job and lots of opportunities within the most dynamic of environments with an excellent compensation package. We provide our employees with the best working environment, the latest technology and continuous support. On top of that, Flow Traders provides free breakfast, lunch, and snacks. We have our private gym where our health coaches provide our people with the right personal sports programs. Every year we go on a company trip and have the best Christmas party!
For more information, check our website: www.flowtraders.com
Offices: Amsterdam (headquarters), New York, Singapore, Hong Kong and Cluj
Number of employees: 400
Positions: Junior Trader, Quantitative Trader and Quantitative Researcher, Summer Trading Intern
The Leading ETP Liquidity Provider in Europe!
Flow Traders is a principal trading firm founded in 2004. We are a leading global technology-enabled liquidity provider, specialized in Exchange Trade Products (ETPs) and awarded Best ETF Market Maker in Europe five times in a row. As a technology company operating in a financial environment, we use our principal technology platform to quote bid and ask prices in thousands of ETP listings. We are also active in other asset classes such as bonds, FX, currencies, cryptocurrencies and similar financial products. On top of that, we provide liquidity to institutional counterparties off-exchange across all regions! We facilitate our international ambitions and maximize our performance by heavily investing in our proprietary state-of-the-art software, and our employees, you!
- Our largest off-exchange trade: EUR 1.3 billion.
- Traded volume in Europe 2017: EUR 418 billion
- Providing liquidity worldwide: over 100 trading venues
Nothing beats our culture!
We foster an entrepreneurial, innovative and strong team-oriented culture. We invest in our talent, as our highly motivated people are the key to our success! You will work in a challenging environment where we strive for perfection and have the means to chase that goal. We offer a great work-life balance and a dynamic, non-hierarchical, working environment with many opportunities and fantastic perks, such as:
- Flow Academy for continuous learning;
- We have our own in-house bar, gym and boat;
- Breakfast, lunch, snacks and amazing coffee;
- Table tennis, pool table, arcade and console games;
- A yearly company trip and Christmas party that exceed expectations;
- Fun team outings during the year;
- Rotation within and between our offices worldwide;
- And many more.
Want to be the heart of our success?
You will be responsible for developing trading strategies from scratch by applying AI and machine learning techniques. Thereafter, you will monitor your own trading strategies in real-life to see how successful they are!
What makes this job great?
Financial markets have made a rapid shift from trading in the pit towards algorithmic trading, and our commitment to technology has kept pace. You will go through a four-month in-house training program to cover all aspects of the job and our core business!
What are we looking for?
- University Degree (engineering, physics, mathematics, computer science (or similar), or PhD)
- Interest in trading, machine learning techniques and AI
- Experience with a scientific programming language (C, C++, Python, JAVA, or similar)
- Strong mathematical and statistical skills, competitive attitude and deliver under pressure
- You are eager to learn, able to take ownership and able to work in a team
What better way to find out if a career in (Quantitative) Trading is something for you, than by experiencing it yourself as a Trading Intern? Over 6 weeks in the summer, you will get a 360-degree view of our role in the financial markets, how our Traders seize opportunities, and how they work together as a team to optimize and improve their desk.
What are we looking for?
- Currently studying a University Degree (e.g. physics, math, econometrics, computer science, finance or similar)
- Demonstrable interest in trading
- Experience with a scientific programming language or Excel
- Competitive, innovative and creative personality with excellent arithmetic skills
What do we offer you at Flow Traders?
- Intensive in-house training program
- Several exciting career opportunities
- Steep learning curve
- Continuous support (we are one team!)
- Opportunity to work with the latest technology
- Excellent compensation package
Graduate Trading Program
Interested in trading, developing trading strategies, applying AI and/or machine learning techniques and being on the edge of your seat while making decisions? Keep on reading! We offer you the opportunity to become a successful Trader at a world-renowned trading firm.
Flow Traders is at the intersection of finance, cutting edge technology and scientific research. Financial markets have made a rapid shift from trading in the pit towards algorithmic trading, and our firm has developed into an entrepreneurial and team driven FinTech Company.
As a Trader you manage and optimize our daily positions (pricing and trading) in a wide range of financial products including ETPs, bonds, derivatives, FX, crypto’ s and complexly structured products together with the Traders on your desk. You will formulate innovative trading strategies and, in close collaboration with our Software Engineers, develop trading models and tools that allow us to capitalize on opportunities swiftly and adequately.
As we do not expect you to have any far-reaching trading or finance knowledge upfront, we offer you an extensive onboarding program of 3 months. You will learn about our core business, the financial products we trade and the mathematics required to price them. You will also go through trading simulations and quantitative classes given by our Senior Traders. Gradually, you will take on more responsibilities, start monitoring markets, making split-second portfolio adjustments, and you will finish your onboarding program with a real trading project with other graduate Traders.
After your onboarding, you will be assigned to a trading desk based on your skills and interests. From that moment on you will start developing into one of the following trading areas:
Focus on pricing challenging financial products that require impeccable risk/reward trading decisions.
As a Spread Trader, you will use statistical models to price and capitalize on expected price movements of a wide range of asset classes. This form of arbitrage is often less speed dependent. The edge comes from determining the true price of these products better than the rest of the market. You will constantly evaluate the risk/reward associated with your trades and positions based on robust statistical analysis combined with years of trading experience.
Focus on applying Mathematics, Statistics, Probability Theory, Machine Learning techniques (e.g. deep neural networks) to create profitable trading strategies.
As a Quantitative Trader, you will work in a team consisting of Quantitative Traders, Traders and Quantitative Researchers to optimize existing trading strategies while learning how to ultimately develop your own trading ideas. You will back test, optimize and implement it in the trading engine to convert simulation results to a profitable trading strategy. Interest in Machine Learning Techniques and AI, experience is an advantage;
Focus on optimizing our trading software in close collaboration with our Product Managers and Software Engineers. You will lead the process of the development of new tools that will improve several trading desks on the trading floor.
As a Technical Trader, you will use in-depth knowledge of market structure and algorithms to create strategies and setups that enable us to trade a large range of products effectively. You will create new approaches to automate trading and develop setups that resemble the strategic approaches of a screen Trader, allowing us to trade orders of magnitude faster, and in many more assets than would be possible with manual trading. Finally, you will provide guidance to our development department regarding the continuous development of our in-house trading software, using experience obtained from analyzing our automated trading, to improve our trading strategies.
Continuously quoting bid and ask prices and making split second decisions based on movements in the market.
As a Screen Trader, your primary responsibility is to act as a market maker in a group of products. This can be based on high frequency trades on exchange, or requesting one of our counterparties to show a price off exchange. By offsetting all the different flows you will try to optimize the spread between buy and sell prices. In order to do this as efficiently as possible, we continuously have to improve on all fronts, for example developing new pricing models.
What you need to succeed:
§ University degree, preferably in Mathematics, Statistics, Econometrics, Engineering, Finance, Technology or related;
§ Demonstrable interest in trading and global financial markets;
§ Keen interest in IT systems, and an affinity for development languages (C, C++, Python, JAVA, or similar);
§ Innovative & creative high potential with excellent mental arithmetic and analytical skills;
§ Competitive, communicative and able to deliver under pressure;
§ A distinct ability to spot arising opportunities and the assertiveness to seize them;
§ Fluent in English;
§ Maximum of three years’ work experience.
Flow Traders offers you an exciting job within the most dynamic environment. We like to think that talent grows at Flow and stays at Flow. To ensure this, we provide our employees with a great, non-hierarchical working environment with many opportunities and fantastic perks, such as:
§ Competitive salary and annual discretionary bonus;
§ Flow Academy for continuous learning;
§ We have our own in-house bar, gym and boat;
§ Breakfast, lunch, snacks and amazing coffee;
§ Table tennis, pool table, arcade and console games;
§ A yearly company trip and Christmas party that exceed expectations;
§ Fun team outings during the year;
§ Rotation within and between our offices worldwide;
§ And many more.
Flow Traders recruits on-campus at several universities in the Netherlands, UK and Germany. Please check our events calendar on our website to find out if we are hosting an event at your university. It is highly recommend to attend one of our presentations!
I. Apply through our website with a CV and convincing cover letter.
II. A numerical test and a capacity test.
III. A phone interview with a Recruiter with a focus on motivation and cultural fit.
IV. An interview with a Recruiter and a Trader with a focus on core business knowledge, brainteasers and skills.
V. A case-study interview in our Amsterdam office, conducted by two Senior Traders.
For more information, please email firstname.lastname@example.org.
If you do not receive a confirmation email after applying on our website, please contact email@example.com