A London based power trading firm is seeking an Intraday Proprietary Power Trader to join their dynamic team. This firm team will lead innovative trading strategies across the GB Power and CWE (Central Western Europe) markets.
Key Responsibilities
* Execute intraday proprietary trading strategies in GB Power and CWE Power markets, focusing on short-term optimization and profit generation.
* Analyze market fundamentals, grid dynamics, and weather data to identify trading opportunities.
* Develop and enhance trading algorithms, leveraging quantitative models and real-time data feeds.
* Collaborate with risk managers and quantitative analysts to improve trading strategies and performance.
* Monitor market conditions and respond swiftly to volatility, ensuring optimal trade execution and risk management.
* Maintain a deep understanding of regulatory frameworks and market developments in the GB and CWE Power markets.
Key Requirements
* Proven track record of profitability in intraday prop/ spec power trading within GB Power and/or CWE Power markets.
* In-depth understanding of European power grids, market structures, and key drivers influencing price movements.
* Strong quantitative and analytical skills, with experience in using trading tools, algorithms, and programming (Python, R, or similar).
* Ability to thrive under pressure and make fast, data-driven decisions in a high-stakes trading environment.
* Collaborative mindset with excellent communication skills to work effectively with a multidisciplinary team.
* Self-starter attitude with a keen interest in innovation and staying ahead of market trends.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance, Analyst, and Business Development
Industries
Oil and Gas, Electric Power Generation, and Capital Markets
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