Saturday, November 24, 2012

Junior Trader

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Our firm, a division of WTFG, is recruiting a few select candidates to join their team of traders. We are interested in qualified candidates who have a passion for trading and are ready to receive the systems training and support to improve the opportunity to profit from trading on an intra-day basis. Our group utilizes a systematic approach, based on historical data so that you may trade with precision and accuracy. Our lead traders who provide mentorship are experienced and are consistently profitable. You will receive daily assistance, one-on-one mentoring, as you learn various trading methodologies and strategies within a team environment.

At the completion of your orientation period, you will be allocated a portion of the firm’s capital to begin your career as a junior equity trader. This capital allocation is reviewed on a weekly basis. Performance based increases in capital allocations are made if a trader exhibits consistent profitability and growth. Traders will be expected to analyze, model, and deploy equity trading strategies and improve upon trading system performance.

Requirements:

• All traders are required to take and pass the industry Series 56 exam unless you have an active Series 7 which may obviate the need for the examination through the waiver process.
• You will be required to provide a capital contribution of $1,500 which will be deposited to your capital account with the company
• This is a non-salaried based position and you must be in a stable financial position to endure possibly 3-5 months without income. Eligible candidates will have strong mathematical, analytical and problem-solving skills, and an understanding of developing and deploying technical strategies.
• Solid object oriented programming, computer science, quantitative, or previous trading experience preferred.

*We do not provide H1B or any Visa sponsorship at this time.

WTFG, a register broker-dealer and Member of the CBOE Stock Exchange and SIPC. *Day trading and options trading is risky and not appropriate for all traders. Candidates should have the ability to sustain losses and/or lose their capital contribution, if any. This is not a salaried position. Compensation is based on trading profitability. All broker-dealer products and services relating to proprietary trading are offered through WTFG, 100 Fifth Avenue, New York, NY 10011 (Main Office).

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