Job Description

Overview

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Nine Mile is an electronic principal trading firm focused on market-making and arbitrage opportunities globally. Technology is at the forefront of our business, powering Nine Mile's unified global trading platform and the micro-decisions required for successful trading.

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Nine Mile's scale and efficiency allow us to be nimble, responding quickly to market opportunities and regulatory changes, whilst operating within a robust operational risk management framework.

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At our heart, it's our people that power Nine Mile – our strategy, technology, and relationships. We are proud to have a team of highly motivated, intelligent individuals who strive to solve complex problems through creative, sophisticated technology in an open, meritocratic environment.

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The Role

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Join Nine Mile's APAC ETF Market Making team as a Trader, based in Sydney, with a primary focus on Taiwan ETF markets and single stock futures. You'll develop and execute trading strategies across the Taiwan market and its related derivatives as part of our market-making team.

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Key responsibilities

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- Developing and executing trading strategies across Taiwan-listed ETFs and single stock futures, and their underlying constituents
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- Using single stock futures for hedging, basket replication, and relative value against underlying equities and ETF baskets
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- Applying advanced ETF pricing models, fair value calculation, and NAV estimation across the Taiwan trading session
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- Identifying and exploiting arbitrage opportunities between local ETFs, their underlying constituents, single stock futures, and related derivative instruments
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- Contributing to the ongoing development of trading strategies and the traded universe across Taiwan ETF and single stock futures markets
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- Researching and developing new systematic trading opportunities within Taiwan ETF and single stock futures markets
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- Collaborating closely with the broader market-making team
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- Designing, implementing, and enhancing algorithmic trading strategies and execution tools tailored to local market microstructure
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- Proactively engaging with regulators, issuers, exchanges, and brokers across Taiwan and the wider APAC region
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What You Will Bring

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- 1+ years of relevant trading experience at a High-Frequency Trading or Market Making firm, ideally with exposure to ETFs, single stock futures, or Taiwan markets (or similar markets)
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- Familiarity with single stock futures and/or Taiwan market structure, trading rules, and settlement conventions
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- Strong knowledge of ETF mechanics, pricing, NAV calculation, index replication, creation/redemption flows, and arbitrage strategies
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- Proficiency in Python
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- Highly advanced capability in probability and statistics
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- Excellent numerical, analytical, and problem-solving skills
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- A genuine passion for financial markets, particularly systematic and quantitative trading
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- Strong academic record in Mathematics, Engineering, Physics, Econometrics, Computer Science, or a related discipline
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Our Culture

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At Nine Mile, we operate in a highly competitive and agile environment. Our success depends not only on our vision, technology, and strategies, but on the people who bring them to life every day.

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We foster a culture that rewards open interaction, rigorous problem-solving, creativity, and teamwork. We believe helping others succeed is as important as individual achievement.

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📌 Trader (New South Wales)
🏢 Nine Mile
📍 New South Wales