Trading Operator
Description
We are looking for a hands-on Interactive Brokers operator who lives inside Interactive Brokers (TWS) and can execute our strategies with speed, accuracy, and discipline. This is not a research or pure back-office role; you will sit on the desk, run orders, monitor markets in real time, and own the full trade lifecycle.
Key responsibilities
- Log in to Interactive Brokers (TWS) daily and execute orders across equities, ETFs, futures, and FX according to predefined strategies and risk limits.
- Monitor global markets, prices, liquidity, and slippage in real time; time entries/exits and escalate when conditions change.
- Manage full trade lifecycle: order entry, monitoring, fills, allocations, amendments, cancellations, and end-of-day checks.
- Reconcile trades, positions, cash, and P&L between IBKR and internal records, resolving breaks with brokers and operations where needed.
- Generate and maintain daily reports on trades, exposures, performance, and any operational incidents.
- Monitor basic automated/algorithmic orders in IBKR, flag anomalies, and work with senior traders/tech to improve execution quality.
- Ensure all activity complies with internal risk policies and relevant regulatory requirements in the UAE and abroad.
- Provide basic market colour and execution feedback to portfolio managers (slippage, fills, liquidity, routing issues).
Requirements
- 2–5 years of experience in a trading, execution, or dealing role (buy-side, prop trading, brokerage, or multi-asset CFD/FX broker).
- Direct, hands-on experience using Interactive Brokers (TWS and Client Portal) for live trading; you should be comfortable operating IBKR without supervision.
- Strong understanding of order types (market, limit, stop, bracket, OCO), margin, corporate actions, and basic risk concepts (exposure, leverage, drawdown).
- Solid knowledge of at least one asset class (equities or ETFs as a core), plus familiarity with futures and FX; options knowledge is a plus but not mandatory.
- High attention to detail and accuracy under time pressure; proven record of minimizing errors in a live trading environment.
- Comfortable working evening or split shifts to cover all trading hours when required. Multi roles will be hired to manage this.
- Proficient with Excel; experience with basic VBA/Python/reporting tools is an advantage.
- Strong communication skills in English; additional languages are a plus.
Nice to have
- Prior exposure to brokerage operations, trade support, or reconciliation for multi-asset trading.
- Experience in GCC or other emerging markets.
Benefits
- Opportunity to work directly with experienced traders and portfolio managers in a fast-paced trading setup.
- Exposure to multi-asset, cross-border strategies using a leading global electronic brokerage platform (Interactive Brokers).
- Competitive salary and discretionary-based incentives.