London - Long Term Internship 2021 - Automated Market Making Commo

Europe
UK
London
Long Term Internship
Global Markets
Not applicable

ROLE RESPONSIBILITIES

 

AMM (Automated Market Making) work is ranging from building electronic market making strategies, algorithm design, execution strategies to provide liquidity internally and externally on large range of products and subsequently hedging risk inherited from internal and exchange flows. The day to day job is highly quantitative and IT driven.

 

During his internship, the candidate will be based in London. There will be a strong focus on quantitative research/trading and with strong interactions between quant traders and IT strategists (both in Paris and London). The primary working landscape will be on fair value calculation and execution optimisation. The underlyings will range from Base Metals, oil and soft commodities.

 

 

ROLE COMPETENCIES

 

  • Being fluent with internal tools, back testing tools and analytics library (XTI/ EDGEstat / simulation framework)
  • Back-test systematic Market Making strategies, finding alpha on commodities underlyings
  • Perform simulation of execution strategies
  • Help improve execution with both liquidity placement and liquidity taking
  • Work on modelling cross assets relationships
  • Work with strategist to implement tools adaptation (Automaton : Edge / Backtester : Lynx)
  • Perform Academic research digest on quant modelling topics

 

TECHNICAL SKILLS AND QUALIFICATION REQUIRED FOR THE ROLE

 

  • Excellent Analytics and Quantitative skills
  • Knowledge of programming language : Python is a must, Java is a plus
  • Demonstrate tenacity
  • Strong interpersonal skills and proactive approach to problem solving
  • Ability to work under pressure and multi-task
  • Strong organisational skills
  • Team Player
  • Strong academic record, by preference Master in Quantitative finance
  • Previous internship or work experience related to modelling/programing is a plus

 

Location: London

 

This programme is closed to applications.