Trader

About Grasshopper

Grasshopper is a Singapore-based provider of quantitative trading technology and the parent company of Grasshopper Asset Management. Their proprietary technology, developed internally, positions them as leaders in electronic trading innovation. The firm boasts a continuous history of profitability, anchored by core values such as curiosity, empowerment, and flexibility.

About Grasshopper Asset Management

A subsidiary of Grasshopper, Grasshopper Asset Management operates as a Licensed Fund Management Company regulated by Singapore's Monetary Authority. Employing low-latency quantitative strategies, the firm achieves diversified, consistent, and uncorrelated returns, maintaining an 18-year record of profit through robust algorithmic and manual risk management.

Role Overview

The firm is looking for an experienced Trader to join their Trading Teams. The ideal candidate has a background trading in Asian markets and desires a role with substantial independence and responsibility. This position requires close collaboration with risk management, operations, and technology teams, alongside applying market insight, quantitative analysis, and decisiveness under pressure.

Key Responsibilities:

• Manage and trade a proprietary portfolio focused on the APAC region and China.
• Regularly assess fair values of index futures, ETFs, and their underlying securities, considering factors such as cost of carry, dividends, and financing/borrowing rates.
• Identify and act on trading opportunities including ADRs, index arbitrage, and statistical arbitrage strategies.
• Oversee risk exposure adhering to firm-wide limits and controls while monitoring corporate actions like dividends, index rebalances, mergers, and splits to adjust models and positions accordingly.
• Keep abreast of macroeconomic trends, regulatory changes, and market structure developments to leverage potential opportunities.

Ideal Candidate Qualifications:

• Minimum five years of trading experience on an index arbitrage, ETF market-making, or directional desk involving basis trading or cross-asset/cross-border arbitrage, preferably within prop trading firms, market makers, or banks, with a demonstrable track record.
• Practical trading experience in APAC and/or Chinese markets.
• Effective communicator capable of explaining complex trading concepts and market perspectives to both technical and non-technical audiences.
• Meticulous attention to detail with the capability to make swift, disciplined decisions under stress.
• Proficient in Python programming for use in pricing models, research, or monitoring systems.

Working Environment and Culture

Grasshopper offers a multicultural and dynamic workplace featuring a flat organizational structure. With a workforce exceeding 100 employees from 15 nationalities sharing an open office, communication plays a vital role. Employees enjoy significant autonomy and are encouraged to innovate, take calculated risks, learn from mistakes, and contribute actively to the company’s success as a nimble leader in trading technologies.

Equal Opportunity

Grasshopper is committed to providing equal employment opportunities for all qualified candidates.