Head of Trading

Head of Options Trading

Run and grow EXANTE’s options and derivatives business, with full P&L responsibility for both the principal derivatives trading book and client options trading.

Reporting line: Chief Operations Officer.

Responsibilities

• Principal book — design and run the trading and hedging strategies for the options and derivatives trading book, including market making against internal client flow, risk management, and any directional or relative-value strategies the candidate proposes.
• Product development — enhance the existing options offering and identify, design and launch new derivative products on the platform where commercially attractive (e.g. FX options, additional listed derivatives, more modern instruments).
• Counter party and liquidity — identify, negotiate and onboard the right exchanges, prime brokers, market makers and OTC counter parties for execution and hedging; own the relationships.
• Platform enhancement — partner with Technology and Product to define and deliver the roadmap of platform improvements required to support the trading book and the product roadmap.
• Client flow — work with Relationship Managers, Sales and Marketing to grow client options and derivatives flow into the book.
• Team build-out — size, composition and sequencing at the hire’s discretion, consistent with the approved business plan.
• Cross-functional cooperation — work closely with Compliance, Risk, Operations, Treasury and Technology to design the end-to-end workflow and risk framework.
• Product governance — own the suitability framework and applicable conduct rules across the relevant booking entities.

Experience

• 10–20 years’ experience in options or derivatives principal trading, market making or running a derivatives trading book at a sell-side firm, broker or proprietary trading house.
• Multi-asset experience — across equity, index, FX and commodity asset classes, and across both listed and OTC markets.
• Strong risk management background — delta, gamma, vega, correlation and exotic risks at scale.
• Product launch track record — experience launching new derivative products is a strong plus.
• Established network — a strong network of counter party, exchange and liquidity-provider relationships.
• Player-coach — willing to lead pricing and trading decisions personally before scaling the team.
• Regulatory knowledge — working knowledge of MiFID II product governance, suitability rules, and equivalent regimes in the UK and Asia.
• Commercial and direct — comfortable with full accountability for a P&L.

What we offer

• Competitive salary that reflects your experience and the value you bring.
• Flexibility that fits your life — work from home, from our office, or a mix of both. You decide what works best.
• Flexible benefits package — choose the options that suit your life, not a one-size-fits-all bundle.
• A genuinely good place to work — an informal, collaborative culture where ideas are heard and bureaucracy stays out of your way.
• Continuous learning — ongoing training, education programs, and the support to deepen your expertise in a fast-moving industry.
• Connection beyond your desk — events that bring our teams together to network and celebrate.
• Global exposure — work side by side with talented colleagues from all over the world, across a business serving clients in 100+ countries.