Intraday + Algo Trading
Intraday trading played a crucial role in my career, giving me hands-on experience with operational management of power assets, market access optimization, and algorithmic trading activities. This role required continuous real-time decision-making to cover unexpected outages, adapt to market conditions, and optimize asset flexibility.
Operational Responsibilities
Working in intraday trading involved continuous monitoring and management of power assets to maintain reliable and efficient market access. My primary responsibilities included:
- Covering Outages of Power Assets – Reacting promptly to unexpected shutdowns or maintenance issues, mitigating financial risks by purchasing power.
- Market Access – Engaging in market activities related to power assets, focusing on marginal costs and their economic viability within live market conditions.
- Short-Term Planning & Dispatch – Collaborating with operational teams gave me invaluable insights into core fundamental activities related to power generation and their direct impact on market price development. This hands-on experience deepened my understanding of how could generation planning and real-time adjustments shape the overall market dynamics.
Algorithmic Trading & Technical Contributions
During my intraday trading experience, I was actively involved in algorithmic trading activities related to asset trading and their flexibility. This included:
- Algorithmic Strategy Implementation – Contributing to settings and execution of algo trading strategies that leveraged asset flexibility in certain market conditions.
- Infrastructure & Technical Setup – Gaining substantial experience with infrastructure management necessary for algorithmic trading. This included:
- Data Handling – Efficiently collecting, processing, and storing of data
- Scripting & Automation – Developing scripts and automation tools that supported data acquisition, processing, and trade execution.
- System Optimization – Improving infrastructure efficiency and resilience to ensure smooth and uninterrupted algo trading operations.
Process Improvement & Mentorship
Besides the operational and algorithmic work, I was actively involved in improving existing processes, setting up new methodologies, and implementing practical solutions to increase efficiency and responsiveness. Additionally:
- Setting Up New Processes – Developing and implementing structured workflows to streamline operational tasks and market response.
- Guidance to Junior Colleagues – Providing mentorship and training, helping newer team members understand both technical and operational aspects of intraday and algo trading.
Intraday trading was more than just operational management; it gave me a profound understanding of how power assets work in a market-driven economy. My involvement in algorithmic trading activities and infrastructure setup significantly shaped my approach to data handling, real-time trading optimization, and strategy execution. I can confidently say that my intraday experience has made me a more skilled and adaptive trader, giving me a deeper understanding of real-time market dynamics and the ability to make well-informed decisions under pressure.