Trader – APAC ETFs (Fixed Income ETFs)
Nine Mile
Sydney, Australia
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.
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.
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.
The Role
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.
Key responsibilities include:
- Developing and executing trading strategies across fixed income ETFs.
- Applying advanced pricing models across fixed income ETFs.
- Managing interest rate and credit risk across bond ETF baskets, accounting for accrued interest, roll, and underlying bond liquidity
- Identifying and exploiting arbitrage opportunities between fixed income ETFs, underlying bond baskets, futures, and related derivative instruments
- Researching and developing new systematic trading opportunities within fixed income ETF markets
- Collaborating closely with the broader market-making team
- Designing, implementing, and enhancing algorithmic trading strategies and execution tools tailored to fixed income market microstructure
- Proactively engaging with regulators, issuers, exchanges, and brokers across APAC fixed income and derivatives markets
What You Will Bring
- 2+ years of relevant trading experience at a High-Frequency Trading or Market Making firm, ideally with exposure to ETFs or fixed income markets
- Strong understanding of fixed income markets, including yield curves, duration, convexity, and credit spread dynamics
- Knowledge of ETF mechanics, including NAV construction, creation/redemption, and tracking error dynamics
- Proficiency in Python
- Advanced capability in probability, statistics, and time series analysis
- Excellent numerical, analytical, and problem-solving skills
- A genuine passion for financial markets, particularly systematic trading in fixed income
- Strong academic record in Mathematics, Engineering, Physics, Econometrics, Computer Science, or a related discipline
Our Culture
At Nine Mile, we operate in a highly competitive and dynamic environment. Our success depends not only on our vision, technology, and strategies, but on the people who bring them to life every day.
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.
Challenge your ideas. Work with us.