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Associate Trader information
See Dallas, TX salary details
$9.27 - $11.28
2% of jobs
$11.28 - $13.30
6% of jobs
$14.85 is the 25th percentile. Wages below this are outliers.
$13.30 - $15.31
21% of jobs
The median wage is $16.83 / hr.
$15.31 - $17.32
27% of jobs
$17.32 - $19.33
18% of jobs
$19.42 is the 75th percentile. Wages above this are outliers.
$19.33 - $21.34
12% of jobs
$21.34 - $23.35
5% of jobs
$23.35 - $25.36
3% of jobs
$25.36 - $27.37
2% of jobs
$27.37 - $29.38
2% of jobs
$29.38 - $31.39
1% of jobs
$9
$18
$31
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Full-time
Re-posted 8 days ago
Job description
Maganti IT Resources LLC
Title: Trader
Location: Dallas, TX
Type: Permanent
Job description:
Working closely with Boston-based convertible team this position is responsible, under direction, for executing global convertible bond trades authorized by portfolio managers or senior traders.
Job requirement:
REPORTING RELATIONSHIP: Reports directly to Senior Trader.
Primarily responsible for global convertible bond trading (includes some off-hour and holiday trading of overseas markets) as well as trading in other asset classes (equities, derivatives, fixed income), as needed
Managing positions via contracts for difference (CFD) and total return swaps (TRS)
Sourcing and monitoring borrow
Effectively managing sell-side trading relationships
Assisting with trade origination and trade settlement
Monitoring position data for accuracy and compliance
*$10k of the bonus is restricted stock options
Identifying procedural deficiencies then working to resolve them
Reading, analyzing and interpreting relevant periodicals, professional journals, or technical procedures
Writing reports and business correspondence
Effectively presenting information and respond to questions
Solving practical problems and dealing with a variety of concrete variables in situations where only limited standardization exists
Interpreting a variety of instructions furnished in written, oral, diagram or schedule form
Detail-oriented, thorough; does not make errors
Required qualification:
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)
Advanced proficiency with Bloomberg, Kynex, and Excel
Familiar with order management systems and desktop trading platforms
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time
Other asset classes (equities, fixed income, derivatives) trading experience
equired qualification:
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)
Advanced proficiency with Bloomberg, Kynex, and Excel
Familiar with order management systems and desktop trading platforms
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time
Other asset classes (equities, fixed income, derivatives) trading experience
Please help pass along to colleagues or associates below position who are looking for new role if you are not available.
For further details contact me at
chaitanya (at) mitresource (dot) com
Thank you for your time.