Quant jobs / Millennium

Junior Execution Trader – Index Rebalance Pod

A junior execution role in a pod trading index rebalances and equity events across Asia-Pacific. It combines trading support with research on liquidity and auction behaviour.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Help PMs execute index rebalance and event-driven equity flows
Improve workflows and execution with quants and technologists
Write post-trade summaries
Research liquidity, auction behaviour and rebalance impact

What they ask for

Required

1–3 years in execution, sales or electronic trading
Equity market structure: auctions, venues, order types
Execution algorithms
Numerical strength
Attention to detail under pressure

Preferred

Index, ETF and passive flow familiarity
Mandarin or Japanese

Education: Undergraduate degree in finance, economics, maths, engineering, computer science or similar
Experience: 1–3 years in a market-facing execution or trading support role
Markets: equities

How to prepare

Study how index rebalance auctions work and how flows concentrate there
Analyse closing auction volume around a past rebalance in Python
Learn execution algorithm types and benchmarks
Practise writing a clear post-trade review

What to study

Apply

Read the full posting on Millennium’s site before applying: requirements, location and pay can change after we check them.

View the posting on Millennium’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Millennium and doesn’t handle applications.