Proprietary trading — founded 2011

Continuous presence in the world's financial markets

UTR8 is a proprietary trading firm, founded in 2011 by a small group of experienced traders. Trading on our own account and risk, we maintain a continuous market presence on many major exchanges around the world.

Offices Hong Kong · Switzerland · The Netherlands · Grand Cayman

What we do

Adding liquidity, pricing the difference

When trading, we add liquidity to the global financial system and we focus on relative price differences between products. By quoting competitively on both sides, we contribute to tighter spreads and to more efficient and transparent price formation.

UTR8 specializes in arbitrage strategies. We provide liquidity to a large number of financial markets by sending competitive bid and ask prices, and by offering that liquidity across various platforms we contribute to the way financial markets operate and to the stability of the system.

We invest continuously in our trading infrastructure and in the risk management and controls around it. Our systems are built to meet the requirements of the regulators and exchanges we deal with.

Traders at multi-screen desks on the UTR8 trading floor
01 The trading floor
A UTR8 trader watching pricing screens at the desk
02 Pricing screens
A member of the UTR8 team at their desk
03 On the desk

The firm, on the record

Founded
2011 By a small group of experienced traders
Model
Proprietary Trading on own account and risk — no client money, no external mandates
Focus
Arbitrage Relative price differences between related products, quoted continuously
Team
45+ Traders, engineers and operations across four offices
Offices
4 Hong Kong · Baar · Utrecht · Grand Cayman
Desk cover
Desks in four time zones, arranged so cover passes from one to the next

Our people have the drive to outperform in a results-driven world

We believe working in a relaxed but focused atmosphere is one of the keys that make our success durable. Maintaining our culture as a core value is one of the three elements of our success. Excelling in unique strategies and partnerships are the other two drivers on which the company is built.

Element one

Culture

Working in a relaxed but focused atmosphere

Element two

Excellence

Excelling in unique strategies

Element three

Partnerships

Building strong relationships

Careers

When you are ready, the world's financial markets await you

We are looking for motivated candidates with a relevant university degree throughout the year. If you feel you fit the profile, don't hesitate to enter our recruitment procedure for graduates.

A passion for financial markets is a must — prior trading knowledge is not.

What we offer

Compensation A competitive salary and performance bonus
Work-life balance A generous holiday allowance, and the time to use it
Development A challenging and dynamic environment with real opportunity
Progression Be part of a young and successful company
Mobility Work across our international offices
Mentorship Trained on the desk by a senior trader from day one

Current vacancies

Graduate Trader
Utrecht & Hong Kong Full-time Trading desk

Once you have passed all rounds of our assessment process, you will start your career under the guidance of one of our senior traders. You will master the details of our business, and in a few months you will be able to take on responsibilities.

Responsibilities

  • Pricing and trading a range of financial instruments
  • Managing execution and risk of trading portfolios
  • Managing and optimizing daily positions and strategies
  • Researching new market opportunities and developing new trading models

Requirements

  • Recent graduate (0–3 years of work experience)
  • Master's degree, preferably in (quantitative) finance, mathematics or a technical field of study
  • A passion for financial markets is a must, but no prior knowledge or experience is required
  • Excellent numerical, analytical and mathematical skills
  • Competitive, collegial, driven, entrepreneurial, self-motivated, with strong communication
  • Curiosity and eagerness to continuously learn, and the ability to work under pressure
  • Keen interest in IT systems in general; experience with programming is a strong advantage
  • Fluent in English
  • Willingness to work internationally on a regular basis

Our hiring process

01

Application

Submit your CV and tell us why you're interested in UTR8

02

Technical assessment

Mathematical tests and an informal interview

03

Final interview

Interview with management and traders

Offices — follow the sun

Four offices, one continuous book

Thirteen hours separate Hong Kong from Grand Cayman, so as one desk stands down the next is already at work. The offices are arranged to keep the book covered through the trading week.