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Foreign Exchange Trader


WOTRANSFER PTE. LTD.
13 days ago
Posted date
13 days ago
N/A
Minimum level
N/A
OtherJob category
Other
Job responsibilities:

1,Monitor Global Financial Markets: Keep track of economic news, market trends, and geopolitical events that may affect currency exchange rates.

2,Analyze Market Conditions: Conduct in-depth technical and fundamental analysis to identify profitable trading opportunities. Use various tools and indicators to study price trends, support and resistance levels, and market volatility.

3,Execute Trades: Buy and sell currencies on behalf of clients or the financial institution using electronic trading platforms. Place orders and execute trades based on market conditions, client instructions, and risk management strategies.

4,Manage Risks: Implement risk management techniques to protect against potential losses. Set stop-loss orders and take-profit targets to limit exposure. Monitor and adjust trading positions as market conditions change.

5,Develop Trading Strategies: Create and implement trading strategies based on market analysis and risk appetite. Continuously evaluate and refine strategies to adapt to changing market conditions.

6,Monitor Trading Performance: Track and analyze trading performance metrics, such as profit and loss, win ratio, and risk-reward ratio. Identify areas for improvement and take necessary actions to enhance profitability.

7,Stay Updated with Regulations: Stay updated with regulatory changes and compliance requirements related to foreign exchange trading. Ensure adherence to legal and ethical standards while executing trades.

8,Build and Maintain Relationships: Develop and maintain relationships with clients, financial institutions, and other market participants. Provide guidance, market insights, and trading recommendations to clients.

9,Research and Market Analysis: Conduct research on various currencies, economic indicators, and market trends. Generate market reports, forecasts, and recommendations for internal and external stakeholders.

10,Stay Informed about Industry Developments: Attend seminars, conferences, and webinars to enhance knowledge about forex trading strategies, risk management techniques, and new technologies in the industry.

Job requirements:

1.Bachelor's degree in Finance, Economics, or a related field.

2.Proven experience as a Foreign Exchange Trader or related role.

3.Strong track record of profitable trading and risk management.

4.Relevant certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) are a plus.

5.Excellent knowledge of global financial markets, economic indicators, and currency trading strategies.

6.Proficiency in using trading platforms, analytical tools, and financial software.

7.Strong mathematical and statistical skills.

8.Excellent problem-solving and decision-making abilities.

9.Good understanding of regulatory requirements and compliance standards in the financial industry.

10.Ability to work independently and as part of a team in a fast-paced trading environment.
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JOB SUMMARY
Foreign Exchange Trader
WOTRANSFER PTE. LTD.
Singapore
13 days ago
N/A
Full-time

Foreign Exchange Trader