Contact information

Michael M. Naccarat

4611 Nelm Street
Hyderabad – 22102

Career objective

Looking for a challenging position of the Equity Trader in the reputed Company with a view to use my wide experience for the benefit of the organization.

Skills

• Microsoft Excel (advanced); Access (intermediate);
• Outlook (advanced); Word (advanced);
• Visual Basic (basic); Bloomberg (basic) and Fidessa (advance).

Experience

Nov 2009 – Present

Arbuthnot Securities Ltd.

Equity Trader

• Responsible for market making in over 100 UK small to mid cap stocks and also helping in market making in a further 200 UK stocks in various sectors.
• Working client orders and unwinding book positions using various algorithmic trading methods across many market exchanges, and accessing both dark and lit pools of liquidity.
• Analysing and identifying the risk parameters of all products traded, and all positions held, and ensuring that these are correctly established and properly risk managed
• Maintaining relationships with key trading counterparties, institutional clients and hedge funds.
• Conducting trading control and risk management review and assessment while assisting in reviewing and enhancing the Trading Risk Limit and Validation checks.
• Assisting in compliance issues through good knowledge of current regulatory requirements from a front-office perspective.
• Using previous experience and knowledge to assist with ongoing settlement queries from back-office.
• Strong analytical and interpersonal skills and using these to continue to improve and automate the existing trading procedures, reports, and various analyses.
• Continuously working with various groups within the Bank to coordinate development and set-up of operational processes needed to grow the business.
• Building relationships with clients and brokers in order to bring new business.

Oct 2006 – Nov 2009

Head of Trade Support

Relationship manager

• Responsible for end-of-day process which involves calculating daily P&L/commission and making sure that all trades have been booked out correctly.
• Member of Operating Solutions Group – this involves having fortnightly meetings with key members of the group to discuss how to implement new systems and processes within Arbuthnot and improve efficiencies of current processes.
• Reconciling and signing off LSE and trading platform monthly invoices.
• Booking and confirming CFDs (SWAPs) in UK, Pan-European and American securities
• Creating daily morning meeting reports for traders, sales traders and sales team.
• Organising training for traders and sales trader for new front-office systems and applications.
• Acting as a key link between front-office and back-office with regards to compliance, settlements and finance issues.
• Using own initiative to analyse efficient methods of trading from front-office execution to back-office clearing and settlement and raising these issues with management. Taking action and negotiating costs with our suppliers (Fidessa, LSE, clearing agents).

Education

• Securities and Investment Institute Level 3 2003-2005

FSA registered person

• Brunel University 2001 – 2003

BSc (Honours) Business Economics and Finance

• Richmond Upon-Thames College 1999 – 2001

A levels: Mathematics, Business Studies, Information Technology

• Acton High School, Acton 1994 – 1999

9 GCSEs

References

Floyd P. Olivier
Manager
Wap Company.
Floyd_oliver@gmail.com

Adverstiments