Graduate Financial Trader

About Us

Spreadex has been operating for 25 years as a sports and financial spread betting provider. The business expanded to offer fixed odds betting in 2010, casino betting in 2011 and CFD trading in 2017. Spreadex is the only global operator to offer all of these services under one brand.

After 25 years of sustained profits, we’re now looking to take the next step and materially grow the business in the next 5 years on both the sports and financials side. Our ambitious plans are being supported by a material increase in our Marketing Budget and our expansion into Denmark. To support this growth, Spreadex is committed to more diversity and equality within our teams.

This opening provides the successful candidate with the opportunity to join a growing team in a vibrant office based in St Albans, just outside London. The role will be a mix of working from the office and working from home.

About The Position

The role would involve joining the Financial Trading Room as a graduate trader.

Your role as a graduate trader will consist of:

• Quantifying our risk and book exposure, hedging out risk where necessary
• Executing client trades
• Analysing client behaviour and performance
• Reflecting Corporate Actions to our client and broker positions
• Ensuring critical Trade Desk administration tasks are done in an efficient and timely manner
• Working with our development team to improve the platform and internal systems

As a retail broker, we deal with a wide range of products from single stock equities, FX, index futures and commodities. The successful candidate will be dealing with most of these products from day one.

This is a fantastic opportunity for a fast learner and great problem solver who would enjoy the buzz of a trading floor who also seeks the responsibility of working in a small team.

About You

• You will have a mathematical based degree from a top university at grade 2.1 or higher.
• Good A-Levels, preferably in Science or Maths based subjects.
• No financial trading experience needed, however a keen interest in the markets is recommended.
• You will have high standards, excellent attention to detail and accuracy and thoroughness will be at the heart of the way you work.
• Ability to deal with quantitative based problems.
• You will be an original thinker, who can challenge current procedures and systems and deliver measurable improvements – this is something we encourage and support from an early stage.
• Part of the job will involve dealing directly with clients, both on the phone and face-to-face. Therefore, the ability to communicate in a clear and concise manner and in a personable way is highly desirable.

Benefits

• Competitive salary and bonus scheme
• Hybrid working (2 days working from home), including 2 weeks remote working from any location after 6 months of service
• 25 days holiday, rising to 30 after 2 years
• Enhanced parental leave
• Contributory pension scheme
• Private medical insurance scheme
• Discounts for gym membership, travel & cinema
• Sabbatical after 10 years of service

Successful candidates will need to have full background checks conducted in line with FCA regulations.

Recruitment process:

1. Application review
2. Maths test
3. Hiring manager review
4. Preliminary call
5. Face to face interview

Start date: Summer 2025.

Important information:

• This is a permanent role.
• Hours are Monday to Friday, 7:30am – 5pm is the standard shift.
• Once a week start at 7am and once (or max twice) a week start at 1pm and finish at 21:15pm.
• The hybrid policy for this role is 2 day WFH and 3 days in the office. During probation, new starters are expected to be in the office more and will gradually get WFH days. They’ll only get their full WFH allowance once they’ve passed probation.
• We’re recruiting for 1 role.
• Deadline for new applications is Monday 17th February 2025