Head of Listed Futures
Cyprus, London, Dubai, Bahamas or Mauritius · B2PRIME
Responsibilities
- Own the futures roadmap, P&L and budget proposal. Define client segments, initial exchanges and contracts, commercial pricing, partner onboarding and the criteria for adding markets.
- Design the introducing, executing and clearing model with Legal, Risk and Operations. Evaluate fully disclosed and omnibus accounts, legal entities, client money treatment, transfers and downstream broker distribution rights.
- Negotiate clearing, execution, technology, market data and account fees. Compare complete broker packages against modular arrangements using all-in economics, operating responsibility, portability and service resilience.
- Own contract eligibility and lifecycle rules: contract size, tick value, sessions, expiry, settlement, first notice day, physical delivery and mandatory closeout. Establish a controlled process for instrument changes.
- Work with Risk and Treasury on house margin, intraday calls, liquidity reserves, collateral, liquidation and concentration. Test exchange and vendor outages, margin increases and positions approaching delivery.
- Lead platform, API and back-office delivery with Engineering and Operations. Establish order controls, entitlements, allocations, statements, daily reconciliations, exception handling and support during relevant market hours.
- Develop anchor broker and direct clients with Sales, train commercial and support teams, deliver client education and lead the specialist team. Use live economics and operational performance to improve the service and justify expansion.
Requirements
- Direct experience launching or materially scaling a futures brokerage business through an FCM or clearing
broker, with ownership of implementation and the commercial result. - Deep understanding of futures clearing, initial and variation margin, intraday liquidity, expiry and delivery,
market data agreements and customer account models. - Experience negotiating clearing and platform arrangements, including the operating responsibilities and
commercial limits of white-label and API services. - Ability to lead Operations, Risk, Treasury, Product and Engineering through a live launch, and to explain
futures contracts and lifecycle risks to broker clients and non-specialist colleagues. - Demonstrable leadership, client development and unit-economics experience. Professional English. A trading
or relationship-management background should include evidence of brokerage delivery responsibility.
Conditions
- Reliability: official employment from the first day, bonuses, annual employee review (salary review or bonus, feedback on work results)
- Stability: our clients are in different countries, therefore we are ready for any changes in work of any country
- Development: a lot of projects and products, which means increasing expertise in working with different technologies, or even switching to completely new ones for you within the company
- Active corporate life: we participate in thematic conferences and forums in our cool sphere of business, corporate parties in the best restaurants of the city with participation of stars, etc
- Comfort: Offices are in different countries. You can work from anywhere in the world
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