Graduate Trader

Flow Traders Amsterdam

What is required?

  • University Degree
  • Demonstrable affinity with trading
  • Analytical skills
  • Ability to spot opportunities
  • Stress-resistant personality

What will you get?

  • €4.000 gross p/m (+ annual discretionary bonus)
  • 60 hour workweek
  • 26 vacation days
  • No work in weekend
  • In-house training program

What will you do?

  • 10% Preparing a trading day
  • 35% Trading intensively
  • 20% Meetings with analysts and developers
  • 20% Data analysis / improving strategy
  • 15% Checks & Balances

This vacancy has been created based on interviews with employees to help you get a realistic preview of the job.

Vacancy

As a Graduate Trader at Flow Traders, you will be responsible for providing liquidity in the products in your portfolio – commodities, for example. You will do this by analyzing the markets and determining a price on the basis thereof, so counterparties can buy and sell products from Flow Traders. When making a trade, you will ensure that the trade is profitable and that risks are covered.

You will work closely with two co-workers, with whom you form a ‘desk.’ Together, you will be responsible for the results. It is important to stay abreast of developments in relevant markets. Flow Traders’ self-built trading systems and fellow analysts, with whom you will consult a lot, will help you in this regard. With your co-workers from the development department, you will regularly discuss how these systems can be optimized.

Calendar

Trader
Erik-Jan Nieboer

To me, nice days are busy days on which we receive many trades. Then, you’re triggered all the time, and you also earn the most.

On less pleasant days, nothing happens at all. Then, there is less tension, and to be honest, that is kind of the reason why you’re in it.

  • 07:00
  • 08:00
  • 09:00
  • 10:00
  • 11:00
  • 12:00
  • 13:00
  • 14:00
  • 15:00
  • 16:00
  • 17:00
  • 18:00
  • 19:00
  • 20:00
    • Breakfast + prepare trading
    • Macro analysts standup
    • Opening European market
    • Regular trading
    • Reading about new trading strategies
    • Opening American market
    • Closing European market
    • Intensive trading
    • Checks & Balances
    • Macro analysts standup
    • Opening European market
    • Intensive trading
    • Regular trading
    • Administration
    • Lunch
    • Regular trading
    • Opening American market
    • Announcement new results
    • Closing European market
    • Preparation of future contracts expiration
    • Breakfast
    • Macro analysts standup
    • Opening European market
    • Intensive trading
    • Regular trading
    • Interview Junior Trader with recruitment
    • Lunch
    • DAX expiration (intensive trading)
    • Regular trading
    • AEX CAC expiration (intensive trading)
    • Opening American market
    • Regular trading
    • Closing European market
    • Checks & Balances

Firsthand experience

Say, you get a large trade for a pension fund that wants to trade in gold. What to do?

Contact with the pension fund has been established by a co-worker from Institutional Trading. These new trades are immediately visible on your screen. This is possible because you’re working with self-built trading systems.

Upon receiving this trade, you and the two co-workers at your desk divide the tasks. Subsequently, you determine the liquidity you see in the market to be able to provide a price for this trade. While doing so, you take into account the specific size of the trade and the chances of winning the trade. The counterparty – in this case, a pension fund – will have placed the trade with other parties as well. Therefore, the price should be so sharp that the counterparty wants to trade with you, but not so sharp that no profit can be made from it.

Subsequently, you investigate what you need to cover the risk of the trade. To get a good indication, you analyze how related and correlated markets have behaved over the past minutes. Speed is essential, because you don’t want another party to be selling the product already if you haven’t had a chance to show the counterparty a price.

If the price has been accepted by the counterparty, you should cover the risk as quickly as possible. Once you have done this, you’ll also know what you’ve earned from the trade. Of course, you’re happy if you’ve booked good results, but you quickly need to move on to the next trade, because as a desk, you handle an average of 10,000 trades on one day.

Growth

Flow Traders offers an intensive internal four-month training program, during which you will learn about all facets of trading processes. Gradually, you will take on more responsibilities, such as monitoring markets, trading, and creating new strategies. It doesn’t matter if you don’t have a financial background. Flow Traders offers the means to develop yourself and your ideas.

Trader
Head of Desk
Head of Trading

Working at Flow Traders

Flow Traders is a principal trading firm founded in 2004. They are a leading global technology-enabled liquidity provider, specialized in Exchange Traded Products (ETPs). Flow Traders is at the intersection of finance, cutting-edge technology and scientific research. They are able to grow their organization further, thereby ensuring that their trading desks in Europe, the Americas and Asia provide liquidity across all major exchanges, globally, 24 hours a day. Financial markets have rapidly shifted from trading in the pit to algorithmic trading, and Flow Traders’ business model has made them an entrepreneurial and competitive firm in the FinTech space. Flow uses their principal technology platform to quote bid and ask prices in thousands of ETP listings. They are also active in other asset classes such as bonds, FX, cryptocurrencies and similar financial products. On top of that, they provide liquidity to institutional counterparties off-exchange across all regions.

Flow Traders stays ahead of the competition by focusing on technology and niche competencies in markets where every second counts. This requires access to the best information and the ability to respond instantly. To achieve this, their team of software developers works in partnership with experienced traders to identify and execute tomorrow's strategies, making Flow a daily pioneer in professional trading.

  • HQ in Amsterdam
  • Active in 6 countries
  • 17% / 83%
  • Average age 33
  • 327 employees in NL
  • 484 employees worldwide

Colleagues

Trishia Poplawska (27) - Software Engineer

Why did you decide to work for this company?
Flow has a great fast pace environment; every day is full of new challenges. I was also interested in the close interaction with the business and seeing your software in production is very rewarding.

What was your previous job?
Software Developer at Goldman Sachs.

What do you do in your spare time?
I love cooking and discovering new flavors, traveling and reading books.

Junwei Feng (27) - Software Engineer

Why did you decide to work for this company?
Trading and low latency technology attracted me in the first place. The technology and atmosphere were also important factors.

What was your previous job?
Financial Software Developer.

What do you do in your spare time?
I like to watch movies, listen to music and cook.

Kirsten Gosling (28) - Recruiter

Why did you decide to work for this company?
The company has a great culture and I liked the small business feeling. There is also a lot of room for innovation.

What was your previous job?
IT Recruitment Specialist.

What do you do in your spare time?
I like to explore Amsterdam.

Oleg Petrov (32) - Software Engineer

Why did you decide to work for this company?
I was looking for a fast-paced working environment, where the users would be as close to you as possible.

What was your previous job?
Software Engineer at Deutsche Bank.

What do you do in your spare time?
I like bouldering and playing the piano.

Rogier Galesloot (33) - Local Head of Risk and Middle Office

Why did you decide to work for this company?
Because I was looking for a company where you can have direct impact on the result and where everybody is dedicated to achieve the best and nothing less.

What was your previous job?
Risk Management & Treasury Consultant.

What do you do in your spare time?
Cycling, playing soccer and watching sports.

Bram van Boxtel (27) - Trader

Why did you decide to work for this company?
I enjoy the culture and atmosphere within Flow Traders. What I also like is the constant challenge and variety that the Trader's job brings in practice.

What did you study?
Master Finance.

What do you do in your spare time?
Doing kickboxing and playing poker, going to parties with friends and riding my bike.

Sebastian Born (27) - Institutional Trader

Why did you decide to work for this company?
Flow Traders is the leading market maker in European ETFs, but yet still has a very relaxed atmosphere, where you can find your own way. At the same time you feel the drive amongst your colleagues which makes you want to exceed as well, makes you stay sharp at all times. You are given great freedom in order to expand the business and look for new counterparties which is great for the work as an Institutional Trader.

What was your previous job?
Product Management at Deutsche Bank.

What do you do in your spare time?
Playing basketball, workout in the gym, cycling and having drinks.

Hugo Essink (34) - Risk Manager at Risk Management Department

Why did you decide to work for this company?
I wanted to see how many process improvements I could realize in an organization that thrives for perfection and has the means to chase that goal.

What was your previous job?
Internal Control and Operational Excellence specialist at The Order Machine.

What do you do in your spare time?
I like to travel, play field hockey and read books.

Interesting job?