Head of Options Trading
Company & Culture
EXANTE is a pioneering wealth tech company that delivers cutting-edge centralised trading solutions and robust B2B financial infrastructure, driving value through innovative technology. Our proprietary trading platform offers seamless access to diverse financial instruments—including stocks, ETFs, bonds, futures, and options—all within a single, multi-currency account.
We cultivate a culture that transcends the ordinary, where rapid responses to market dynamics and proactive problem-solving are the norm. At EXANTE, the potential to make a meaningful impact is ever-present. Our team members continuously pursue personal and professional growth, empowered to spearhead change across people, processes, and products. True innovation stems from an insatiable desire for improvement, and everyone at EXANTE is committed to fostering this spirit and propelling the company forward.
As a rapidly expanding global firm with over 600 talented employees from 65 nationalities across 70 locations, we are a frontrunner in the financial sector. Our investment priorities are clear: We prioritise investing in our most valuable asset—our people. Join us in shaping the future of finance.
About the Role
Run and grow EXANTE’s options and derivatives business, with full P&L responsibility for both the principal derivatives trading book and client options trading.
Reporting line: Chief Operations Officer.
Worksite: Remote
Responsibilities
- Principal book — design and run the trading and hedging strategies for the options and derivatives trading book, including market making against internal client flow, risk management, and any directional or relative-value strategies the candidate proposes.
- Product development — enhance the existing options offering and identify, design and launch new derivative products on the platform where commercially attractive (e.g. FX options, additional listed derivatives, more modern instruments).
- Counterparty and liquidity — identify, negotiate and onboard the right exchanges, prime brokers, market makers and OTC counterparties for execution and hedging; own the relationships.
- Platform enhancement — partner with Technology and Product to define and deliver the roadmap of platform improvements required to support the trading book and the product roadmap.
- Client flow — work with Relationship Managers, Sales and Marketing to grow client options and derivatives flow into the book.
- Team build-out — size, composition and sequencing at the hire’s discretion, consistent with the approved business plan.
- Cross-functional cooperation — work closely with Compliance, Risk, Operations, Treasury and Technology to design the end-to-end workflow and risk framework.
- Product governance — own the suitability framework and applicable conduct rules across the relevant booking entities.
Experience
- 10–20 years’ experience in options or derivatives principal trading, market making or running a derivatives trading book at a sell-side firm, broker or proprietary trading house.
- Multi-asset experience — across equity, index, FX and commodity asset classes, and across both listed and OTC markets.
- Strong risk management background — delta, gamma, vega, correlation and exotic risks at scale.
- Product launch track record — experience launching new derivative products is a strong plus.
- Established network — a strong network of counterparty, exchange and liquidity-provider relationships.
- Player-coach — willing to lead pricing and trading decisions personally before scaling the team.
- Regulatory knowledge — working knowledge of MiFID II product governance, suitability rules, and equivalent regimes in the UK and Asia.
- Fluent English — mandatory.
- Commercial and direct — comfortable with full accountability for a P&L.
- Competitive salary that reflects your experience and the value you bring.
- Flexibility that fits your life — work from home, from our office, or a mix of both. You decide what works best.
- Flexible benefits package — choose the options that suit your life, not a one-size-fits-all bundle.
- A genuinely good place to work — an informal, collaborative culture where ideas are heard and bureaucracy stays out of your way.
- Continuous learning — ongoing training, education programs, and the support to deepen your expertise in a fast-moving industry.
- Connection beyond your desk — events that bring our teams together to network and celebrate.
- Global exposure — work side by side with talented colleagues from all over the world, across a business serving clients in 100+ countries.
