Quantitative Trader

Full Time
Cape Town, South Africa
2 months ago
About us:

Luno is the crypto investment app you can rely on, enabling you to buy, store and explore crypto securely. We’re committed to putting the power of cryptocurrency in everyone's hands sensibly and responsibly.

Since 2013, we’ve helped millions of people around the world invest safely in crypto. We do this by cutting through the hype and supporting customers at every step of the way. All products and cryptocurrencies on our platform must first meet stringent legal, risk and technical security standards. 

Transparency is key for us. Luno stores all crypto on a 1:1 basis and we have rigorous processes in place so you can be confident your investment is secure. We’re available in more than 40 countries around the world and we work closely with respective regulators in all of these markets to be fully compliant, as we believe this is the best way to help everyone, everywhere, invest safely.

About the team:

You'll be working in a dynamic Treasury team at the forefront of crypto innovation. As a close-knit unit within a leading crypto exchange, we spearhead innovative financial products that set industry standards. Here, your independent thought will be essential and valued. You'll deploy market making strategies that provide a healthy, profitable market for customers and generate alpha while offsetting trades against liquidity providers. If you're passionate about financial markets, thrive in a creative environment, and want to contribute to shaping the future of digital assets, our team is where your skills will shine and your ideas will matter.

The role in a nutshell:

As a Quantitative Trader, you will be responsible for the design and optimisation of algorithmic trading strategies and portfolio management. You will work closely with quants, data scientists, and software developers to optimise asset allocation and trading performance, manage risk, and increase profitability.

Your mission will be:
  • Develop quantitative models for currency trading.
  • Research and implement new trading algorithms based on quantitative analysis.
  • Understand and apply market-making principles to provide liquidity, manage inventory, and optimise the bid-ask spread.
  • Analyse market microstructure to identify opportunities for improving market-making strategies.
  • Regression test trading strategies and perform statistical analysis to validate models before live trading.
  • Continuously monitor the performance of trading models in real-time, making adjustments as necessary.
A little about you:
  • Strong knowledge of stochastic calculus and its applications in finance.
  • Proficient in one or more programming languages (Python, Go, Rust), 
  • Experience in SQL, Looker, Databricks.
  • Deep understanding of market mechanics, instruments, and trading strategies.
  • Proven track record in market making or high-frequency trading.
Life at Luno:
  • Remote but reachable work policy gives you the freedom to choose between working from home or the office.
  • Plus the option to buy and sell up to 5 days leave
  • Improve body and mind, with excellent private medical insurance
  • Access to Learnably and our additional learning platforms for your personal and professional development
  • 6 months primary care-giver leave
  • Paw-ternity leave for your furry friend
  • Annual Inspiration Day in addition to your annual leave which increases based on your length of service! 
  • A collaborative, friendly work community, with regular social events and virtual cooking, dancing, drawing and house planting classes hosted by our Lunauts
  • Free lunch and snacks
  • 0 fees up to a certain amount with Luno from the day you start.*

*Offer only available on Luno Instant Buy, not Luno Exchange

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.