Commodity Arbitrage Trader

Job Description Roles & Responsibilities ABOUT THE ROLE Seeking a detail-oriented Commodity Arbitrage Trader who is specialized in a role focused on identifying and exploiting, in real-time, price discrepancies for the same or similar commodities across different exchanges, geographical locations, or time periods. DUTIES & RESPONSIBILITIES: Arbitrage Identification: Monitor and analyze global market feeds to detect price discrepancies for commodities (precious metals, other commodities). Multi-Exchange Execution: Simultaneously buy and sell contracts across various exchanges using Algos, such as LME, CME, ICE US, SGX, SHFE, OTC etc. - to lock in profits. Strategy Implementation: Execute cash-and-carry, spread trading, and cross-market arbitrage strategies. Risk Management: Manage margin requirements, currency exposure (FX), and counterparty risks, ensuring strict adherence to trading limits. Algorithm Development: Develop and utilize automated trading systems (algorithms) to execute trades within milliseconds, as opportunities are transient. PnL Analysis: Maintain accurate documentation, P&L attribution, and daily reconciliation of trading activities. Desired Candidate Profile Typically, 2–8 years of experience in global commodity arbitrage or relative-value trading. Advanced Excel skills are mandatory; Python, VBA, or SQL for data analysis, back-testing, and automation are preferred. Deep understanding of futures markets, contract specifications, delivery structures, and market mechanics. Proficiency with platforms like Trading Technologies (TT), or Bloomberg Terminal. Strong numerical skills, with the ability to analyze basis risk and spread differentials. WHAT WE OFFER Tax-free salary with performance-based bonuses Global exposure and access to industry experts Career development opportunities Medical insurance, UAE work visa, and benefits as per UAE Labour Law Employment Type Full Time Company Industry General TradingExportImport Department / Functional Area SalesBusiness Development Keywords ArbitrageTrading StrategiesCommodity TraderArbitrage SpecialistPrecious MetalTraderArbitrage Trading Get real-time job updates only on our App