At a Glance
- Tasks: Execute trades in interest rate futures and options across global exchanges.
- Company: Fast-growing agency brokerage redefining the trading model with technology.
- Benefits: Competitive salary, flexible shifts, and remote work options.
- Other info: Opportunity for continuous learning and career growth in a tech-driven environment.
- Why this job: Join a dynamic team and thrive in fast-paced financial markets.
- Qualifications: 1-3 years of experience in interest rate derivatives and strong analytical skills.
The predicted salary is between 50000 - 70000 £ per year.
Silvertide is a fast-growing agency brokerage specializing in interest rate derivatives, partnering with the world’s leading hedge funds. We are a technology-driven firm, building our own software and automation infrastructure to redefine the agency brokerage model. As we continue our rapid global expansion, we are strengthening our execution team with ambitious, technically skilled traders who thrive in fast-moving markets.
Role Overview: As part of the execution team, you will focus on trading listed interest rate futures and options across G3 currencies on global exchanges and liquidity pools. You’ll be directly involved in the execution of contracts such as TY, SOFR, ESTR, and RX, managing orders across electronic trading systems, the Chicago pits, and through call-around activity with market makers and liquidity providers. Your role will require deep understanding of futures and options structures, including spread trading, delta and gamma hedging, and pricing synthetics. You’ll work closely with clients and internal teams to deliver best execution and maintain market-leading performance in highly competitive environments.
Key Responsibilities:
- Execute listed interest rate futures and options across global exchanges and multiple liquidity pools.
- Manage complex order flows including spreads, strips, and options strategies.
- Calculate and manage hedges, Greeks, and synthetic prices in real time.
- Execute trades electronically, in-pit (Chicago), and via call-around with liquidity providers.
- Maintain a high level of market awareness, monitoring interest rate trends, volatility, and liquidity dynamics.
- Support automation and workflow improvements within the trading technology stack.
Requirements:
- 1-3 years interest rate derivative experience in either trading, execution or an adjacent function (for example middle/back office, trade support).
- Derivatives Expertise: Solid grasp of futures and options mechanics, including implied pricing, calendar spreads, and volatility trading, is a strong advantage for the role.
- Shift Flexibility: Willingness to cover New York trading hours (12–10pm London time), with flexibility to work remotely for late shifts.
- Mindset: Detail-oriented, disciplined, and motivated to excel in fast-paced markets with a focus on precision and continuous learning.
Execution Trader – Futures & Options (Interest Rate Derivatives) in London employer: SilverTide
Contact Detail:
SilverTide Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Execution Trader – Futures & Options (Interest Rate Derivatives) in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at trading events. We all know that sometimes it’s not just what you know, but who you know that can get you in the door.
✨Tip Number 2
Practice your pitch! You’ll want to be able to explain your experience with interest rate derivatives and trading strategies clearly and confidently. We suggest rehearsing with friends or in front of a mirror until it feels natural.
✨Tip Number 3
Stay updated on market trends! Being knowledgeable about current interest rate movements and trading strategies will impress potential employers. We recommend following relevant news sources and joining online forums to keep your finger on the pulse.
✨Tip Number 4
Apply through our website! We’re always on the lookout for talented traders who are ready to make an impact. By applying directly, you’ll ensure your application gets the attention it deserves.
We think you need these skills to ace Execution Trader – Futures & Options (Interest Rate Derivatives) in London
Some tips for your application 🫡
Show Your Passion for Trading: When writing your application, let us see your enthusiasm for trading and interest rate derivatives. Share any relevant experiences or projects that highlight your skills and passion for the field.
Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter for the Execution Trader role. Highlight your experience with futures and options, and don’t forget to mention any specific tools or technologies you’ve used that align with our tech-driven approach.
Be Clear and Concise: Keep your application clear and to the point. We appreciate well-structured applications that get straight to the heart of your qualifications and experiences without unnecessary fluff.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at SilverTide
✨Know Your Derivatives Inside Out
Make sure you brush up on your knowledge of futures and options mechanics. Be prepared to discuss concepts like implied pricing, calendar spreads, and volatility trading. Showing a solid grasp of these topics will demonstrate your expertise and readiness for the role.
✨Stay Current with Market Trends
Before the interview, keep an eye on interest rate trends and market dynamics. Being able to discuss recent developments or shifts in the market will show that you're not just knowledgeable but also engaged and proactive about your field.
✨Practice Your Execution Strategies
Since the role involves managing complex order flows and executing trades, it’s a good idea to practice articulating your strategies. Think about how you would handle different scenarios, such as spread trading or delta hedging, and be ready to explain your thought process.
✨Demonstrate Your Tech Savvy
As a technology-driven firm, Silvertide values candidates who are comfortable with trading technology. Be prepared to discuss any relevant software or automation tools you've used in previous roles, and think about how you can contribute to workflow improvements within their trading tech stack.