Für Recruiter
Michael Page International - UK

Trading Operations Associate

Financial Services
London, Vereinigtes Königreich
Gepostet vor 2 Tagen Hybrid Permanent GBP50000 - GBP62000 per annum
Trading Operations Associate, Financial Services City of London £50-62k

Metals trading. Most of the world's global non-ferrous futures business is conducted on the firm's three trading platforms totalling $15.6 trillion, 145 million lots and 3.3 billion tonnes in 2021.

Participants can transfer or take on price risk against aluminium, copper, nickel, tin, zinc, lead, molybdenum, cobalt, steel scrap, rebar and hot-rolled coil, aluminium premiums and alloys, as well as suite of gold and silver contracts.

In December 2021, approximately 1.4 million tonnes of material were held on The Firm's warrant in more than 570 storage facilities in 14 countries across 32 global locations.

Description

Overall Purpose, Trading Operations Associate:

  • To provide an effective first-line supervision for all trading activity
  • To participate in the determination of the firm's Futures reference prices
  • To ensure the Error Trade Policy and Dynamic Price Bands on the system are managed effectively
  • To participate on the Benchmark Pricing Function in the determination of the Platinum and Palladium auction prices
  • To determine the Closing Prices for Traded Options
  • To determine the Settlement Prices for precious metals
  • To learn all processes across venues and functions managed by Trading Operations

Responsibilities, Trading Operations Associate:

  • Ensure the firm's reference prices are determined in a manner that promotes the firm and meets the commercial and regulatory requirements of the job in full
  • Participate as part of the Quotations Committee for the determination of Official and Closing Prices
  • Enforce the (system) Ring Dealing Regulations and Code of Conduct; as a participant on the Ring Disciplinary Committee this involves imposing disciplinary procedures for rule breaches
  • Establish Settlement Prices for Ferrous and Precious Prices
  • Establish Settlement Prices for Cash Settled Futures
  • Ensure the procedures around the Error Trade Policy and Dynamic Price Bands on system are managed effectively and consistently, with all relevant information updated and documented
  • Carry out the procedure for the determination of the Closing Prices for Traded Options using system prism by making reference to all relevant trading activity and participant submissions
  • Ensure the Platinum and Palladium prices are determined effectively through daily auctions on bullion
  • Ensure Benchmark Regulation Compliance as a Benchmark Administrator.
  • Provide regular updates on all relevant pricing-related matters, and to ensure the reference price are transmitted accurately on a daily basis
  • Provide Market Surveillance with all relevant observations and referrals from trading activity across venues
  • Effectively deal with all stakeholder queries relating to pricing procedures and Trading Operations in general
  • Recommend and promote enhancements to the management on issues that will benefit the firm's price discovery procedures, and to participate in all relevant projects and initiatives
  • Provide tutorials and education to staff on issues relating to price discovery for Futures and Options

Profile

Knowledge and Experience Required, Trading Operations Associate :

  • Experience either working for a Member/Client, Exchange or the LME in the trading environment
  • A knowledge or experience in electronic trading
  • A good knowledge of Benchmark Administrator responsibilities
  • A thorough knowledge of market terminology, Rules and Regulations
  • A thorough understanding of the forward price curve for each metal
  • A thorough understanding of the dealing regulations
  • Where appropriate, a knowledge of Traded Options

Job Offer

Trading Operations Associate, Financial Services
City of London
£50-62k

job_description_image
Job ID  JN -082022-5705162
ÜBER DAS UNTERNEHMEN
London, United Kingdom
HR & Recruitment
Welcome to the Michael Page global company profile. Michael Page has five decades of expertise in professional services recruitment. We were establis...
Mehr Jobs von Financial Services
Financial Services
Client Services FX Prime Brokerage
Financial Services
Harrow on the Hill, United Kingdom
vor etwa 2 Stunden Full time Negotiable
Financial Services
Trade Support Analyst - Credit Derivatives
Financial Services
Richmond, United Kingdom
vor 5 Tagen Full time GBP55000 - GBP60000 per annum
Financial Services
Fixed Income P and L, Senior Analyst
Financial Services
Richmond, United Kingdom
vor 5 Tagen Full time GBP60000 - GBP67000 per annum
Financial Services
Financial Internal Controls Co-Ordinator
Financial Services
London, United Kingdom
vor 25 Minuten Full time GBP60000 - GBP62000 per annum
Financial Services
Senior Structurer - Securitisation
Financial Services
London, United Kingdom
vor etwa 1 Stunde Full time Negotiable
Financial Services
Legal Entity Controller
Financial Services
London, United Kingdom
vor etwa 23 Stunden Full time GBP80000 - GBP90000 per annum
Financial Services
Finance Analyst
Financial Services
London, United Kingdom
vor etwa 23 Stunden Full time GBP55000 - GBP60000 per annum
Financial Services
Product Manager
Financial Services
London, United Kingdom
vor etwa 23 Stunden Full time GBP60000 - GBP70000 per annum
Financial Services
Capital Reporting Change Director
Financial Services
London, United Kingdom
vor 1 Tag Full time GBP120000 - GBP160000 per annum
Financial Services
T&C Manager
Financial Services
London, United Kingdom
vor 1 Tag Full time GBP65000 - GBP70000 per annum
Empfohlene Jobs
One Ten Associates
Junior Operations Analyst (x2)
One Ten Associates
London, United Kingdom
Capstone Investment Advisors (UK) LLP
Equity Derivatives Trading Assistant
Capstone Investment Advisors (UK) LLP
London, United Kingdom
Mondrian Alpha Recruitment Solutions
Operations Analyst – Global Hedge Fund – Fully remote working policy!
Mondrian Alpha Recruitment Solutions
London, United Kingdom
Morris Jane Associates
Operations Analyst
Morris Jane Associates
London, United Kingdom
Operations Analyst - Leading Fund
Moore Europe Capital Management
London, United Kingdom