REF: 1032Mid-LevelPermanent

Futures Derivatives Trader | Discretionary & Semi-Systematic | Mumbai · Dubai

Mumbai, India, DubaiHighly competitive
Derivatives QuantFX & Commodities QuantProp DesksExecution & Algo TradingSystematic Trading

Role Overview

Platinum & Partners is working with a proprietary trading firm operating systematic and discretionary strategies across global futures markets. They are hiring experienced Futures Derivatives Traders across two locations — Mumbai and Dubai and offering one of the strongest PnL split structures available in the market today.

The firm trades CME, CBOT, Comex and Nymex products and is looking for traders with genuine expertise in spread trading, calendar spreads, curve trading, arbitrage and butterfly strategies. This is not a single-contract role — they want traders who can operate across multiple products, take full ownership of execution and risk, and generate consistent, disciplined returns.

For traders who demonstrate exceptional performance, the firm offers relocation to Dubai — with all the advantages of operating from one of the world's leading trading hubs, including 0% income tax.

THE ROLE

  • Trade firm capital across CME, CBOT, Comex and Nymex futures using discretionary, semi-systematic or systematic strategies
  • Execute across multiple products and asset classes - diversification is encouraged, single-contract traders need not apply
  • Take full ownership of pricing, execution, risk management and PnL- this is a high-accountability seat
  • Continuously analyse and refine strategies in response to market conditions and live performance data
  • For traders with the appetite: develop or evolve toward systematic and semi-systematic trading frameworks with engineering support available
  • Operate within firm risk parameters with strict discipline around drawdowns and risk controls

WHAT THEY ARE LOOKING FOR

  • 2+ years of buy-side futures trading experience at a proprietary trading firm or hedge fund — across CME, CBOT, Comex or Nymex
  • Proven track record in discretionary or semi-systematic strategies: spread trading, calendar spreads, curve trading, arbitrage, butterflies and related structures
  • Strong understanding of risk controls, money management, order management and where applicable regulatory compliance
  • Full accountability mindset — you own your book, your decisions and your drawdowns
  • Ability to trade across multiple products and underlying asset classes
  • Consistency and structured decision-making are non-negotiable; this is not a firm for undisciplined trading
  • Point-and-click traders are welcome; so are those already transitioning toward automated or systematic frameworks

WHAT THE FIRM WILL ASK YOU TO BRING

  • A clear description of your current trading stack — tools, platforms, data, models
  • Your capital efficiency, return-on-capital and risk profile
  • A detailed P&L profile: performance range, expected returns and drawdown behaviour
  • The ability to either develop your own tooling or clearly communicate requirements to engineers

WHY THIS ROLE

  • 30–50% PnL split on firm capital — no requirement to deposit your own funds; significantly above the industry standard of 10–15%
  • Low clearing and exchange fees — the firm actively preserves your edge at the net return level
  • CME 106J membership — better access and reduced costs across CME Group exchanges
  • Dubai relocation for high performers — top traders are offered the opportunity to join the Dubai desk and benefit from 0% income tax, one of the most compelling financial advantages available to a trader anywhere in the world
  • Flexible working: trade from anywhere or from the firm's offices and digital hubs
  • Agile, entrepreneurial environment — no corporate slowdowns, real ownership, rapid decision-making
  • Full infrastructure and engineering support for traders developing or scaling systematic approaches

ABOUT PLATINUM & PARTNERS

Platinum & Partners is the specialist quant and systematic executive search firm. Retained and exclusive mandates only. All candidate conversations handled in complete confidence.

Interested in this role?

All applications are handled in strict confidence. Register your interest or view all current opportunities.