About BIT:
BIT (formerly Matrixport) is a global digital asset financial services and infrastructure group. Headquartered in Singapore and founded in 2019, BIT bridges traditional finance and digital assets through governance-driven financial services and technology.
The firm manages over US$7 billion in assets and facilitates more than US$7 billion in monthly trading volume. BIT offers services including custody, trading, asset and wealth management, liquidity and financing solutions, and tokenised real-world assets (RWA), serving institutional and professional investors globally.
BIT Group entities maintain a licensed and regulated footprint across Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan.
For more information, visit *************
Key Responsibilities
- Develop, maintain, and optimize internal hedging systems using Python to ensure stable daily operations, handle exceptions, and implement continuous improvements.
- Deploy, configure, and maintain market-making quotation strategies across centralized and decentralized exchanges (CEX/DEX) based on open-source market-making frameworks; monitor order books, spreads, inventory, and executions.
- Maintain exchange API trading integrations (REST / WebSocket), covering order placement, cancellation, as well as position and balance synchronization.
- Execute manual orders and discretionary hedging through futures and prime broker platforms.
- Conduct daily position reconciliation, trade balancing, and risk exposure monitoring; identify and report anomalies in a timely manner.
- Write, maintain, and update system technical documentation and standard operating procedures (SOPs).
Requirements
- 2+ years of hands-on Python development experience, with the proven ability to independently read, refactor, and maintain existing codebases.
- Familiarity with the API of at least one cryptocurrency exchange, with a solid understanding of market mechanics including order books, limit orders, fee structures, and funding rates.
- Proficient in Linux server environments, Docker containerization, log troubleshooting, and basic DevOps/system administration tasks.
- Highly detail-oriented with a strong sense of responsibility and extreme prudence regarding capital safety and order execution.
- Fluent in written and spoken English, capable of communicating effectively with overseas counterparties.
Nice-to-Haves
- Prior experience utilizing open-source market-making frameworks or having developed proprietary market-making/quoting programs.
- Trading or professional background in precious metals.
- Experience in trading desk support, trade operations, or clearing and settlement reconciliation.
By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Policy. <*************>