Company Name: Miracles Fintech & it’s Associated Companies
Job Title: Derivatives Executive – Equity & Commodity
Department: Trading
Location: Bopal Ambli Road, Ahmedabad
Time: 2 PM to 11:30 PM
About Us
We are a leading stock broking and trading firm delivering cutting-edge investment strategies and efficient execution across equity and derivatives markets. With a strong foundation in research, technology, and compliance, we provide a dynamic environment for growth and learning in the financial markets.
Role Overview
We are seeking a highly motivated and curious Derivatives Executive to join our Trading Department. This is an entry-level position designed for fresh graduates or early-career professionals looking to build a career in financial markets. you will gain hands-on exposure to derivatives trading, market analysis, and the day-to-day operations of a fast-paced trading desk. This role is ideal for individuals eager to learn and grow under the guidance of experienced traders.
Key Responsibilities
· Execution of orders in MCX commodity futures and options with precision and timeliness.
· Monitor live commodity markets, price movements, and economic developments impacting commodity prices.
· Conduct technical and fundamental analysis to identify and capitalize on trading opportunities.
· Develop and implement trading strategies aligned with market trends and defined risk parameters.
· Manage trading positions in strict adherence to predefined risk limits and exposure guidelines.
· Track global commodity markets, currency fluctuations, and geopolitical developments to inform trading decisions.
· Prepare daily trading reports, profit and loss (P&L) statements, and market analysis summaries.
· Monitor Mark-to-Market (MTM) alerts and coordinate with the Risk Management team to ensure timely square-off of positions upon breach of loss thresholds.
· Ensure adherence to risk management protocols, including compliance with Additional Surveillance Margin (ASM), Graded Surveillance Measure (GSM), and related exchange guidelines.
· Support risk monitoring processes by maintaining awareness of market trends, trading volumes, and emerging risk indicators.
Qualifications
· Bachelor’s or Master’s degree in Finance or Mathematics.
· Strong interest in financial markets and derivatives trading.
· Basic understanding of options, futures, and capital markets (prior coursework is a plus).
· NISM - Series VIII (Equity Derivatives) and NISM-XVI (Commodity Derivatives) certification
Mandatory.
· Proficiency in Microsoft Excel; familiarity with market platforms (e.g., NSE/BSE terminals) is a plus.
· Strong numerical, analytical, and problem-solving skills.
· Eagerness to learn, attention to detail, and ability to work in a team environment.
What We Offer
· Comprehensive on-the-job training with exposure to live markets.
· Mentorship from experienced traders and market professionals.
· A dynamic and intellectually stimulating work environment
· Dynamic work culture with career development support.
Pay: Up to ₹25,000.00 per month
Application Question(s):
- Are you comfortable with timing 2 pm to 11:30 pm?
Work Location: In person
