Xntltd
Principal Trader
Salary
Job description
Company & Culture
EXANTE is a pioneering wealth tech company that delivers cutting-edge centralized trading solutions and robust B2B financial infrastructure, driving value through innovative technology. Our bespoke, internally engineered trading platform provides seamless access to a diverse range of financial instruments, including stocks, ETFs, bonds, futures, and options, all within a single, multi-currency account.
As a rapidly expanding global firm with over 700 talented employees from 70+ nationalities across 70 locations, we are a frontrunner in the financial sector. Our investment priorities are clear: We prioritize investing in our most valuable asset—our people. Join us in shaping the future of finance.
Company & Culture
EXANTE is a pioneering wealth tech company that delivers cutting-edge centralised trading solutions and robust B2B financial infrastructure, driving value through innovative technology. Our proprietary trading platform offers seamless access to diverse financial instruments—including stocks, ETFs, bonds, futures, and options—all within a single, multi-currency account.
We cultivate a culture that transcends the ordinary, where rapid responses to market dynamics and proactive problem-solving are the norm. At EXANTE, the potential to make a meaningful impact is ever-present. Our team members continuously pursue personal and professional growth, empowered to spearhead change across people, processes, and products. True innovation stems from an insatiable desire for improvement, and everyone at EXANTE is committed to fostering this spirit and propelling the company forward.
As a rapidly expanding global firm with over 600 talented employees from 65 nationalities across 70 locations, we are a frontrunner in the financial sector. Our investment priorities are clear: We prioritise investing in our most valuable asset—our people. Join us in shaping the future of finance.
About the Role
Build, run and develop EXANTE’s principal trading book across asset classes. Provide liquidity against client flow, manage the resulting inventory and hedge residual exposure to generate P&L within the firm’s regulatory, best-execution and conflict-of-interest framework, with full P&L responsibility for the principal trading book.
Reporting line: Chief Operations Officer.
Worksite: Remote
Responsibilities
- Principal trading book — provide liquidity against client flow, internalise and aggregate exposures where commercially attractive, manage inventory and hedge residual market risk.
- Trading strategies — market making, flow trading, relative-value and other legitimate strategies the candidate identifies, within Board-approved risk limits.
- Counterparty and execution venues — identify, negotiate and onboard the exchanges, prime brokers and OTC counterparties needed for hedging and inventory management.
- Risk management framework — in partnership with the Risk function, design, implement and operate the risk limits, monitoring and escalation framework for the book.
- Stock Lending cooperation — coordinate securities inventory, financing and revenue with the existing Stock Lending team, avoiding disruption to that revenue line.
- Desk cooperation — work with the Options Trading and Fixed Income & Structured Products desks to ensure complementary principal books and shared risk visibility.
- Operations and platform — cooperate with Operations, Treasury and Technology on workflow, financing, settlement and platform tooling.
- Conflict and best execution — manage conflicts of interest, best-execution arrangements and product-governance compliance across the relevant booking entities (MiFID II, FCA, SFC and equivalent regimes).
- Team build-out — size, composition and sequencing at the hire’s discretion as the book grows, consistent with the approved business plan.
Experience
- 10–20 years’ experience in principal trading, flow trading, market making or running a multi-asset trading book at a sell-side firm, broker-dealer, prime broker or proprietary trading house, with documented P&L through different market regimes.
- Multi-asset risk management — strong background across delta, gamma, vega, correlation, liquidity and counterparty risk.
- Regulatory expertise — hands-on familiarity with the MiFID II Systematic Internaliser regime, best-execution obligations and conflict-of-interest management in a regulated broker-dealer environment is essential.
- Securities financing — familiarity with securities financing and stock lending operations is a strong plus.
- Cooperative profile — non-negotiable; the role only succeeds by working closely with the existing Stock Lending team and the new trading desks, and a track record of operating effectively across desks and functions is expected.
- Fluent English — mandatory.
- Commercial and disciplined — technical, comfortable with full accountability for a P&L.
- Competitive salary that reflects your experience and the value you bring.
- Flexibility that fits your life — work from home, from our office, or a mix of both. You decide what works best.
- Flexible benefits package — choose the options that suit your life, not a one-size-fits-all bundle.
- A genuinely good place to work — an informal, collaborative culture where ideas are heard and bureaucracy stays out of your way.
- Continuous learning — ongoing training, education programs, and the support to deepen your expertise in a fast-moving industry.
- Connection beyond your desk — events that bring our teams together to network and celebrate.
- Global exposure — work side by side with talented colleagues from all over the world, across a business serving clients in 100+ countries.
A group of disruptive technology experts created EXANTE. With an impressive track record in the industry and knowledge of the markets, our systems are built to democratize access to global financial instruments for professional traders and institutional investors.
Through our robust, cutting-edge trading platforms, you can offer clients access to comprehensive, global financial instruments and investment possibilities while keeping their data safe and private.
EXANTE is a global prime broker backed by proprietary technology and dedicated service. All regulated group companies and fully controlled affiliates and subsidiaries are committed to compliance with data protection laws, including the GDPR. We process personal data in line with the GDPR principles of fairness, purpose limitation, transparency, data minimisation, storage limitation and deletion, accuracy, confidentiality and integrity, and accountability. We rely on legitimate interests to assess and manage your application, after determining that our interests are not overridden by your rights and interests. You have the rights of access, rectification, data portability, erasure, restriction of processing, and objection to processing. To exercise your rights or contact our Data Protection Officer, please see our GDPR policy at https://exante.eu/gdpr/.
We retain recruitment data only for as long as necessary for the purposes described above, after which it will be securely deleted unless we are required to keep it longer to comply with law or you consent to a longer retention.
Where personal data is transferred outside the EEA, it will be protected to a standard at least equivalent to that sought by the GDPR. Personal data is safeguarded by technical and organisational measures that are reviewed and updated regularly. This website is not intended for individuals under 18 and we do not knowingly collect data relating to children .


