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STCI Primary Dealer Limited, is one of the largest Primary Dealers accredited by RBI for underwriting and market making in Government securities. We are a leading player in the fixed income market and our operations include trading in Government Securities, Treasury Bills, SDLs, corporate bonds, CDs/CPs and interest rate derivatives. We also trade on proprietary account in equity markets and currency derivatives market.

Role: Equity Trader

We are looking for a candidate who has 3-5 years of experience as an equity trader managing a proprietary trading book. Primary responsibility would be managing a proprietary equity portfolio and achieving profitability targets.

Key Candidate Attributes:

  • MBA/CA with 3-5 years of experience
  • Prior experience managing an equity portfolio of at least Rs 50-100 Cr.
  • Experience in trading equity cash and equity derivatives.
  • Good analytical skills with ability to carry out industry / company / financial statement analysis
  • Keeping abreast of micro & macroeconomic indicators, global & domestic financial markets and impact on stock movements,

Key responsibilities:

  • Managing trading portfolio while ensuring compliance with prudential risk limits.
  • Achieving profit target for the year.
  • Scanning evolving market developments & generating trade ideas.
  • Preparing industry / company research reports for internal proprietary use.

Indicative Remuneration package :

  • Fixed CTC: Commensurate with experience
  • Variable Pay : Purely performance based and in the range of 40%-60% of Fixed salary

Interested candidates may mail their resume to [email protected] or to The Head HR, STCI Primary Dealer Ltd, Marathon Emperor, Marathon Nextgen Compound, Lower Parel (W), Mumbai – 400 013

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In the Sixth Bi-monthly Monetary Policy for FY2024-25, the MPC unanimously decided to reduce policy repo rate by 25 basis points. Consequently, key policy rates stands as: Repo rate at 6.25%, Standing Deposit Facility rate at 6.00% and Marginal Standing Facility and Bank rate at 6.50%.
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Index of Industrial Production
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