Commodities Trader

Job Title: MCX Gold & Silver Trader

Location: Daryaganj, New Delhi

Shift: Evening Shift

Job Summary

We are looking for a dedicated MCX Gold & Silver Trader who trades only in Gold & Silver commodities. The candidate must have strong experience in MCX trading, terminal operations, exchange costing, and holding costs. Both technical and non-technical (manual) trading experience is acceptable.

Key Responsibilities

• Execute trades exclusively in MCX Gold & Silver.

• Monitor live market movements, news, and price action.

• Use trading terminals efficiently (ODIN, NOW, NEST, or similar).

• Calculate and manage exchange costing, including:

o Brokerage

o Exchange charges

• Manage holding costs, including:

o Carry-forward / overnight charges

o Margin requirements

o Interest cost implications

• Maintain proper trade logs and daily P&L records.

• Follow risk management rules and company trading limits.

• Coordinate with back-office for reconciliation and settlements.

Required Skills & Knowledge

• Strong hands-on experience in MCX Gold & Silver only.

• Full command over trading terminals.

• Clear understanding of exchange costing structure.

• Sound knowledge of holding cost / carry-forward charges.

• Ability to work in evening shift as per MCX market hours.

• Both technical traders and non-technical traders can apply.

• High discipline and emotional control in trading.

Experience & Qualification

• Minimum 5 years of experience in MCX Gold & Silver trading.

• Any graduate (Finance/Commerce preferred).

• NISM / NCFM certification is an added advantage (not mandatory).