January 3, 2017

Careers

At Open Futures, one gets the opportunity to go beyond their roles and enhance their knowledge and skills. We encourage and facilitate the all-round growth of our employees. Rewards lie in the challenges one accepts for themselves, and here at Open Futures, we provide plenty of them, enabling our employees to explore their potential. Confidence and commitment, boosted by a positive work environment, lend themselves to excellent performances every time.

Campus Overview

Open Futures recruits actively from campuses for Trading and Technology positions. Knowledge of trading or derivatives is not a prerequisite; we will train you with the knowledge you need to succeed. We seek students who are academically strong and motivated to achieve. Submit your resume directly through the campus recruiting email campus@openfutures.in

Career In Trading

A career in trading with Open Futures is the best starting point for your long-term career. To ensure consistent derivatives knowledge and skills across the firm, Open Futures uses a systematic approach that prepares new hires to become successful traders. We offer one of the most comprehensive trader training programs in the industry. Our training program includes: Classroom Training, Electronic Mock Trading, on the job Training, Introduction to Software Development and a Mentor Program.

Career In Development

Open Futures offers outstanding opportunities for those interested in joining our technology team. Because technology provides the foundation for all our trading activity, Open Futures invests substantial resources in systems, market data, hardware and networks. Our software development team builds customized real-time trading and risk management systems. We gather requirements from traders, then architect and write software that fits their business needs. In-house software development provides a true competitive edge with an ongoing ability to modify trading platforms functionality, test new trading strategies and fine-tune existing trading strategies.

Click to read FAQs on Trading

 1. Does Open Futures offer formal training program for traders?

Open Futures offers both formal and informal training for those hired into the trading program. Formal Training entails: Classroom Training, Electronic Mock Trading, Introduction to Software Development and a Mentor Program. Informal training takes place on a daily basis supported by the firms flat structure and access to senior traders.

Classroom training session provides an introduction to the basics of options theory, Open Futures’ proprietary approach to trading options and a forum for senior traders to present adhoc trading topics.

Electronic Mock Trading gives those in the trading program an opportunity to practice their electronic trading skills. We stimulate live market data and order execution using Open Futures’ electronic trading platforms.

Introduction to Software Development highlights the importance of technology to Open Futures’ Trading. With the pervasiveness of electronic trading, more traders find that programming skills can enhance their effectiveness. Hence traders with some level of programming skill will be given enough opportunity to use to help build a strong IT team.

The mentor program facilitates open discourse by assigning a senior trader to a new hire.

2. What skills are needed to be a successful trader?

Successful traders have strong mathematical and analytical skills; think quickly and decisively and have a passion for the markets. Given the prevalence of electronic trading, experience in or aptitude for programming is also beneficial.

3. What will be the hours I will be asked to keep?

Working hours would be consistent with the market timings. However it may also depend on the requirements of the assigned group and your own interest.

4. What skills can I expect to learn?

The growth opportunities at Open Futures are limitless. Through formal and informal training you would learn about options, various trading strategies and financial markets.

5. What role should I expect to play in my first several years with the firm?

Your work ethics, discipline, learning ability and the zeal to excel will determine the opportunities presented and the roles you will play.

6. How much trading, derivatives, and financial knowledge is expected of a new hire?

New hires do not need previous knowledge of, or experience with, trading or derivatives. We do seek applicants with majors in finance, mathematics, statistics, computer science or related fields. A passion for trading and financial markets is essential.

 

Click to read FAQs on Technology

1. How important is technology to the success of Open Futures?

The success of Open Futures is mainly attributed to its technology. To remain competitive, we invest constantly in all aspects of technology, including application development, hardware, networks and market data feeds. Our applications automate many aspects of our business, allowing us to maximize our trade and help us optimize our resources.

2. How is technology area structured?

The technology area is divided into three application teams: Network Infrastructure, Support Team and Research & Development Team.

3. Do I need to understand trading, derivatives or finance?

It is not necessary to have an understanding of trading, derivative or finance prior to joining Open Futures. However, we believe that domain knowledge is very important when developing technology. Hence, most of the projects give ample exposure to the working of our business, thus offering hands on opportunity.

4. Will I work with the traders?

Each software development team has a different level of contact with the traders. The requirements for all applications are ultimately derived from the traders. These requirements may be communicated directly from trader to developer or through an individual who may act as an intermediate.

5. What role should I expect to play in my first several years with the firm?

Your work ethics, discipline, learning ability and the zeal to excel will determine the opportunities presented and the roles you will play.

6. How much trading, derivatives and financial knowledge is expected of a new hire?

New hires do not need previous knowledge of, or experience with, trading or derivatives. We do seek applicants with majors in finance, mathematics, statistics, computer science or related fields. A passion for trading and financial markets is essential.