Cross Options

Cross Options, founded in 1979 was among the first market making companies trading in open outcry in the early days of the then very young, since 1978 European Options Exchange (EOE), located at the former exchange building “Beurs van Berlage” in Amsterdam. The EOE merged with the Amsterdam Stock Exchange, later with the Brussels and Paris exchanges to form Euronext. Euronext grew adding LIFFE, the London derivatives exchange and the Lisbon exchanges and merged with NYSE in 2007.

Cross Options through these additions was able to extend the trading facilities for markets other than only the Amsterdam derivatives market. Apart from NYSE Euronext, Cross Options also trades on the German Eurex market.

Since the transition from floor based open outcry to screen based trading, Cross Options has invested in advanced technical infrastructures to accommodate the traders. With software that is specially designed and in constant development to meet ever changing market conditions Cross Options is well positioned to meet the challenges of the future. Cross Options also relies on the knowledge, motivation and experience of her traders.

Cross Options, through Group Companies is also involved in Pharmaceutical Research and Development and is Partner/Participant in Financial, Pharma and other activities.

Cross Options is looking for motivated, creative, highly qualified people to reinforce the trading team. We are interested in junior traders, defined as young intelligent dynamic university graduates with interest in the financial markets and two years work experience at the most.

Job description
As an apprentice proprietary derivatives trader you will be taught the basics of the profession in an internal training. You will learn about markets, derivatives pricing and position management. This will be followed by closely monitoring experienced traders in actual trading situations. Finally you will start trading on your own, coached by these experienced traders. As a junior trader you immediately will be responsible for your own trading results and be able to work on a career for yourself, depending on your attitude and results. We offer an excellent opportunity for bright, young individuals to join a challenging and often demanding business in a dynamic working environment in Amsterdam with the possibility growing into a position with a very rewarding remuneration.

Candidate profile
A junior trader must comply at the least to the following:

  • a completed university education
  • excellent numerical and analytical skills
  • work experience not over two years and not necessarily in the trading field
  • a competitive attitude and a great drive to go for succes.

Finally, although no experience is needed, affinity with financial markets is very important. There is no need to have any specific knowledge of derivatives yet. However, you must be able to explain clearly what attracts you in becoming a trader. If you are a novice, but interested in the subject, we suggest reading the following literature:

  • Natenberg: Option, Volatility and pricing
  • Hull: Options, futures and other derivatives.

Core qualities: you are a team player, result-focused, full of initiative, accurate and stress resistant. Furthermore you have to be sociable within the group, at and after work.

Application procedure
If your specific qualities and motivation meet our requirements and you are interested to work with us please send us your resume with an accompanying letter. The first step in the application procedure will be an invitation for a test, which involves analytical and numerical skills. If passing this test, you will be invited for a second round of interviews with the trading staff and members of the management. Finally you will receive notice, if Cross Options is going to make you an offer. Interested in becoming a trader?  Forward your application to:

Cross Options Group
Herengracht 124
1015 BT Amsterdam

T: +31 20 710 78 70