As an Algo Trader for European Power Trading, you will be responsible for developing, implementing, and optimizing algorithmic trading strategies within the European power markets. You will work closely with our quantitative research, technology, and risk management teams to enhance our trading operations and achieve superior returns.
Key Responsibilities:
- Strategy Development: Design, develop, and implement algorithmic trading strategies for European power markets, focusing on intraday, day-ahead, and longer-term trading opportunities.
- Market Analysis: Conduct comprehensive analysis of market trends, price movements, and supply-demand dynamics to identify profitable trading opportunities.
- Backtesting & Optimization: Perform rigorous backtesting and optimization of trading strategies using historical and real-time data to ensure robustness and profitability.
- Risk Management: Monitor and manage risk exposure of trading strategies in real-time, ensuring compliance with the firm's risk management policies and procedures.
- Collaboration: Collaborate with quantitative researchers, software developers, and risk managers to continuously improve trading algorithms and infrastructure.
- Performance Monitoring: Analyze and report on the performance of trading strategies, providing insights and recommendations for further enhancements.
- Innovation: Stay abreast of industry developments, new technologies, and regulatory changes to maintain a competitive edge in the market.