About the role
TradeAir (IFSC) is an IFSCA-registered fund management entity and broker-dealer in GIFT City. Its Category III AIF, TradeAir Fund, runs quantitative, market-neutral and volatility-based strategies in listed index derivatives. You will execute and monitor the fund's trades on NSE IX and India INX, working closely with the fund manager.
What you will do
Execute the fund's index futures and options orders on NSE IX and India INX, in line with the strategy and approved limits.
Monitor positions, Greeks, margin and P&L through the session, and escalate any limit breach at once.
Manage roll-overs, expiries and hedges across GIFT Nifty and other index contracts.
Reconcile daily trades, positions and margin with the clearing member and the fund administrator.
Track liquidity, spreads and execution costs, and suggest ways to reduce slippage.
Support strategy research and back-tests with trade data and market observations.
Keep the trade logs and records needed for exchange, IFSCA and audit requirements.
Work shifts that cover NSE IX's extended trading hours when needed.
Must have
At least 3 years of full-time experience executing index futures and options at a prop desk, broker dealing desk, AIF or hedge fund.
Strong grasp of options pricing, Greeks and margin.
Comfortable with Excel and working with trade data.
Able to work on-site in GIFT City, Gandhinagar, including shifts across extended trading hours.
Good to have
Experience trading on NSE IX (GIFT Nifty), India INX or global exchanges such as CME, CBOE or SGX.
Experience with volatility, market-neutral or arbitrage strategies.
Python or SQL for analysis and automation.
NISM Series VIII (Equity Derivatives) or a similar certification.
Degree in finance, economics, engineering or mathematics.