Job Description
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.
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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 Fixed Income ETFs across APAC and global markets.
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Key responsibilities include:
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Developing and executing trading strategies across fixed income ETFs.
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Applying advanced pricing models across fixed income ETFs.
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Managing interest rate and credit risk across bond ETF baskets, accounting for accrued interest, roll, and underlying bond liquidity
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Identifying and exploiting arbitrage opportunities between fixed income ETFs, underlying bond baskets, futures, and related derivative instruments
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Researching and developing new systematic trading opportunities within fixed income ETF 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 fixed income market microstructure
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Proactively engaging with regulators, issuers, exchanges, and brokers across APAC fixed income and derivatives markets
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What You Will Bring
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2+ years of relevant trading experience at a High-Frequency Trading or Market Making firm, ideally with exposure to ETFs or fixed income markets
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Strong understanding of fixed income markets, including yield curves, duration, convexity, and credit spread dynamics
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Knowledge of ETF mechanics, including NAV construction,
creation/redemption,
and tracking error dynamics
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Proficiency in Python
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Advanced capability in probability, statistics, and time series analysis
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Excellent numerical, analytical, and problem-solving skills
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A genuine passion for financial markets, particularly systematic trading in fixed income
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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 energetic 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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📌 Fixed Income Trader (New South Wales)
🏢 Nine Mile
📍 New South Wales