Equity Dealer
HDFC securities
6 - 8 years
Mumbai
Posted: 10/03/2026
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Job Description
Role Overview
We are seeking an experienced Equity Market Making Dealer to join our proprietary trading desk with a specific focus on ETF market making. The ideal candidate will manage realtime trading, optimize inventory, and contribute to P&L through disciplined risk-taking and efficient execution strategies.
Key Responsibilities
- Lead realtime market making in ETFs. Proficiency in Greek trading software is desirable.
- Oversee pricing models, quoting logic, and hedging strategies, ensuring optimal inventory and risk management.
- Identify and execute ETF arbitrage opportunities, including NAV/fairvalue discrepancies, basket trades, and liquidity dislocations.
- Collaborate closely with quant and tech teams to enhance automation, execution algorithms, and realtime analytics.
- Manage the desks capital, limits, and intraday risk, ensuring adherence to regulatory and internal guidelines.
- Maintain relationships with brokers, exchanges, authorized participants, and liquidity venues.
- Ensure compliance with internal risk policies, regulatory guidelines, and trade surveillance requirements.
- Contribute to desk-level strategy development, identifying new opportunities in ETFs, equity derivatives, and liquiditydriven strategies.
Qualifications
- 26 years of experience in equity or ETF market making or F&O, proprietary trading, or high-touch execution roles.
- Strong understanding of market microstructure, algo execution, and price discovery in equities/ETFs.
- Hands-on experience with order management systems (OMS), trading platforms, and exchange protocols.
- Strong quantitative aptitude; familiarity with Python, SQL, or analytics tools is a plus.
- Ability to make quick, highquality decisions under pressure.
- High level of integrity, discipline, and risk awareness.
Preferred Attributes
- Ability to design and refine semi or fullyautomated marketmaking strategies.
- Strong leadership skills, with experience coaching or managing traders.
- High level of discipline, risk awareness, and decision-making under pressure.
- Entrepreneurial mindset with an ability to adapt quickly to dynamic markets.
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