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Market maker trader

Glasgow (Glasgow City)
PowerTrade
Trader
Posted: 12h ago
Offer description

Job Description – Spot & Perpetual Market-Making Trader (HFT / Deltix)

Location: Europe/ Remote

Schedule: Full-time (6-day workweek including weekends)

Team: Trading & Liquidity

About the Role

We are looking for an experienced Spot & Perpetual Market-Making Trader to join our global trading desk. You will be responsible for providing 24/7 liquidity across multiple digital asset markets, actively managing risk, optimizing inventory, and running highly automated trading strategies. You will work closely with our quant dev and infra teams, and operate Deltix-based trading systems in a high-performance environment.

This role is ideal for someone with deep experience in crypto HFT, systematic market making, and infrastructure-driven trading.


Key Responsibilities

Market Making & Liquidity Provision

* Run, monitor, and optimize high-frequency market-making strategies on spot and perpetual futures markets.
* Maintain tight, consistent spreads and two-sided liquidity across assigned markets.
* Manage inventory and adjust quoting behavior based on volatility, order flow, and market conditions.
* Execute hedging strategies across spot, perps, and other correlated markets.

Trading Systems & Deltix Operations

* Operate, monitor, and maintain trading strategies using Deltix QuantServer / TimeBase / StrategyRunner environments.
* Diagnose issues in real time — latencies, drops, stale quotes, risk throttles — and escalate or resolve immediately.
* Work with engineering to improve strategy logic, SOR behavior, and exchange connectivity.

Risk Management

* Monitor exposure and PnL across multiple venues and instruments.
* Manage leverage, margin requirements, and real-time risk constraints.
* Ensure strategies behave within assigned risk limits, particularly during high-volatility events.

Execution & Market Intelligence

* Identify liquidity gaps, structural inefficiencies, and arbitrage opportunities.
* Provide feedback on exchange microstructure, fee schedules, and latency improvements.
* Support trading coverage during volatile sessions, exchange events, and system upgrades.

Operational Coverage

* Participate in a 6-day trading schedule, with occasional weekend and off-hours coverage.
* Coordinate handovers between regional desks to ensure uninterrupted liquidity.


Requirements

Technical & Trading Experience

* 3+ years experience in quantitative or systematic trading, preferably HFT/MM in crypto.
* Strong experience with Deltix (QuantServer, StrategyRunner, TimeBase).
* Proven track record in market making for spot and perpetual futures on centralized exchanges.
* Deep understanding of exchange microstructure, order types, APIs, latency, and liquidity dynamics.
* Familiarity with hedging, position management, and cross-instrument correlations.
* Proficiency with trading logs, PnL debugging, real-time monitoring tools, and liquidity analytics.

Skills & Attributes

* Highly detail-oriented and comfortable in fast-moving environments.
* Strong analytical mindset — able to interpret flow, volatility, slippage, and inventory patterns.
* Comfortable making real-time decisions under pressure.
* Collaborative mindset with engineering, quant, and risk teams.
* Willingness to work weekends and a 6-day trading schedule.

Nice to Have

* Experience with Python, C#, or C++ for strategy debugging or enhancements.
* Background in HFT at a prop shop, MM firm, or crypto exchange.
* Experience with cross-venue arbitrage and smart order routing.

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