Senior Trader

About TradeX Protocol

TradeX Protocol is a technology-focused trading company specializing in systematic strategies across diverse global financial markets. The company integrates quantitative research, automated trade execution, and rigorous risk management to identify actionable opportunities in asset categories such as gold, foreign exchange, commodities, and digital currencies. The firm’s collaborative environment includes teams in trading, quantitative research, technology, and risk management, all working to enhance strategy effectiveness and execution quality. TradeX Protocol offers an energetic workplace ideal for professionals enthusiastic about financial markets, technology, and innovation.

Position Overview

The Senior Trader role at TradeX Protocol is a full-time opportunity based in Riyadh, Saudi Arabia, requiring relocation as part of the company's expansion efforts. The successful candidate will oversee and execute both systematic and discretionary trading strategies across multiple asset classes including gold, FX, commodities, and digital assets. Responsibilities encompass continuous global market monitoring, optimizing execution, managing portfolio risk, collaborating with quantitative researchers and technical teams to refine strategy, and playing a key role in enhancing the firm's trading infrastructure and processes.

Primary Responsibilities

• Operate systematic and discretionary trading strategies involving Gold, FX, Commodities, and Digital Assets.
• Continuously monitor global market conditions including volatility, liquidity, and economic developments.
• Control position sizes, manage trading exposures, drawdowns, and overall portfolio risk.
• Evaluate trading outcomes and pinpoint opportunities for strategy improvement.
• Collaborate with quantitative researchers and developers to refine algorithmic trading strategies.
• Supervise automated trading systems and engage manually when necessary.
• Design, test, and implement innovative trading strategies and execution methods.
• Adhere strictly to prescribed trading and risk management parameters.
• Contribute to the creation and enhancement of trading operations, performance reporting, and analytics.
• Support compliance, regulatory, and internal risk requirements.

Qualifications and Skills

• Extensive professional trading experience in global financial markets.
• Proven track record in trading Gold, Foreign Exchange, Commodities, and/or Digital Assets.
• Thorough knowledge of technical analysis, market structures, liquidity dynamics, volatility, and trade execution methodologies.
• Experience in systematic, algorithmic, or quantitative trading approaches.
• Strong expertise in risk management including position sizing, drawdown limits, stop loss implementations, and exposure control.
• Familiarity with electronic trading platforms, automated execution systems, and market microstructure.
• Capability to analyze trading strategies and identify optimization avenues.
• Hands-on experience with analytics and trading technologies such as Python, SQL, Excel, APIs, or related tools is highly advantageous.
• Excellent decision-making capabilities with adaptability in fast-paced markets.
• Strong communication and teamwork skills.
• Educational background in Finance, Economics, Mathematics, Engineering, Computer Science, Statistics, or a closely related field.
• Previous roles at proprietary trading firms, hedge funds, asset managers, family offices, or institutional trading desks are preferred.
• Commitment to ethical trading, disciplined risk management, and compliance standards.
• Willingness to relocate to Riyadh, Saudi Arabia, with potential relocation assistance available.

Additional Information

The role is based onsite in Riyadh, Saudi Arabia, and relocation is mandatory. Support for moving may be provided contingent on individual circumstances.