VCMT

Vercer is a brand new hedge fund operating in commodities, set up by one of the leading figures in the oil derivatives market. Want a price on some fuel for your cargo ship? We are the guys you call! And I definitely do mean call – the oil market is one of the few still traded almost entirely by voice. If you’ve seen trading places, think of the scene in the trading pit at the end with slightly less 80s haircuts (we haven’t yet expanded into frozen orange juice; that’s one for the future!)

We are putting together a team to bring some cutting edge technology to this market and give us an advantage over our competition. This could range from new ways of analysing our risk or price curve to a system that listens to the phone calls and alerts the traders when there is a price they should trade. Don’t worry if you don’t know what a price curve is, part of the job will be getting to grips with the intricacies of our domain; we aren’t expecting any finance knowledge at all. The work will be completely green field – we have a product timeline for the next 12 months but the implementation will be completely up to the development team. On top of that, as time goes on, the scope for bringing ideas to the table and trying them out will grow and grow.