Abdul Jawwad Rehmani, Exchange Operations Manager

Abdul Jawwad Rehmani

Exchange Operations Manager

Matrix Exchange Limited

Location
United Arab Emirates - Dubai
Education
High school or equivalent, Advance Accounting & Auditing
Experience
17 years, 10 Months

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Work Experience

Total years of experience :17 years, 10 Months

Exchange Operations Manager at Matrix Exchange Limited
  • United Arab Emirates - Dubai
  • My current job since May 2021
Manager at DUBAI GOLD & COMMODITIES EXCHANGE
  • United Arab Emirates
  • December 2018 to May 2021

Trading & Surveillance
* Market Operations: Manage analysts to ensure all tasks defined in daily process schedule are undertaken
correctly and that the issues are properly escalated and dealt with on a timely basis.
* Determining daily settlement prices, final settlement prices, processing block trades and trade
invalidations, maintenance of trading and product calendar, monitoring order and trade activity and
maintenance of pricebands.
* Respond to member queries with respect to trading and surveillance.
* Good working knowledge of By-Laws, policies and procedures to ensure accurate information provided to
Members and other third parties and identifying areas for improvement.
* Produce management information as required to a high standard of accuracy
* Lead the projects as Project Manager that directly impact Trading & Surveillance including, but not limited
to, drafting business requirements, test cases, undertake internal testing and participate in external
testing as appropriate.
* Market Surveillance: Investigate alerts generated by Scila to ensure all potential breaches of By-Laws are
investigated in accordance with relevant procedures.
* Authorized to make changes to alerts, management of alerts as and when required.
* Undertake random sample checking to ensure that the alerts closed have followed the relevant
procedures.
* Use knowledge of By-Laws to ensure that surveillance of the market is undertaken effectively through
the identification of trends indicating possible abuse.
* Escalate issues to management and refer open investigations to Compliance as required.
Noteworthy Credits
o Assigned the task to review the DGCX By-Laws, identifying several major loopholes and areas of concern.
o First recipient of Gold Card (from CEO)

Derivatives Analyst at FORTITUDE CONSULTANCY DWC LLC
  • United Arab Emirates - Dubai
  • July 2017 to December 2018

• Conducting daily market research and analysis to plan trading strategies, as well as assess and manage risks.
• Generating trading ideas through a combination of sell side analyst research, order flow and technical indicators.
• Preparing daily trading strategies for intraday and overnight trading
• Managing intra-day and overnight trading positions through hedging
• Evaluating market movements and trends to determine when to enter and exit various trades
• Aggressively monitoring markets for announcements, key economic data, surprises, and regulatory/policy changes.
• Strong knowledge of Technical Analysis, Fundamental Analysis, Macroeconomics, Risk & Money Management.

Instructor- Financial Markets at Professional Traders Group
  • United Arab Emirates - Dubai
  • August 2015 to June 2017

Instructor in Financial Markets
• Identifying training needs and requirements of individuals and organizations
• Managing end to end programs - devising a learning model, training material and aids such as handbooks, visual aids, power point tutorials, demonstration models curriculum design, process manuals etc
• Providing in-depth training on various Asset Classes (Forex, Commodities, Stocks, Futures, Bonds etc.), Technical Analysis, Fundamental Analysis, Macroeconomics, Back Testing, Order-Flow Analysis, Spread Trading, Position Sizing, Risk Management and Money Management etc.
• Designing, coordinating, scheduling and conducting training programs, delivered in the form of individual and group instruction, and facilitating workshops for practical understanding.
• Liaising with students to arrange delivery of specific specialized training programs
• Monitoring and performing ongoing evaluation and assessment of training quality and effectiveness, and reviewing and modifying training objectives, methods and course deliverables
• Preparing and undertaking the assessment test to evaluate the student’s performance and understanding after each level of training.
Additionally, handling Business Development with key responsibility -Meeting & counselling all prospective clients interested in obtaining more information about training and trading.
• Inviting people & undertaking special sessions in order to educate them about online trading and prospects of becoming a professional trader.
• Meeting/Talking with all prospective traders who are willing to relocate to Dubai & join the trading floor.
• Facilitating the clients in establishing DMCC- Free zone companies, right from creating a lead, documents procurement and submission, payment of DMCC fees, signing and obtaining the MOA and the company establishment card along with their yearly license renewals.
• Raising and sending invoices and responsible for payment collection.
• Keeping track of the marketing budget and accounts payable.
• SPOC for managing the social media accounts for the company, preparation and distribution of newsletters
• Achieved over Dh 1.1m in revenue for the firm.

Business Development Manager at MARK & AIRA TRADING L.L.C
  • United Arab Emirates - Dubai
  • June 2014 to August 2015

• Main concentration on the Manual Valves segment of the company.
• Lead the manual valves segment by identifying the most relevant areas of growth, establishing and maintaining an extensive network with the key buyers
• Expanding customer base by providing excellent customer service, locating and developing profitable niche markets, finding the most suitable products for those markets, and developing and executing plans that resulted in lead generation, strong customer relationships, and profitable sales
• Technically evaluating & understanding customer’s requirements, preparing quotations, replying to all customer enquiries within stipulated TAT and commercial negotiations
• Developing and managing sales teams to deliver commercial and operational results
• Focusing towards vendor approval process for top Oil & Gas companies within the Gulf region

Business development executive at Hawa Engineers Ltd
  • India - Ahmedabad
  • May 2011 to May 2014

HAWA ENGINEERS LTD- A conglomerate & one of the leading Manufacturer of Industrial Valves, Pneumatic & Electric Automation Products. These products are widely used in Chemical & Manufacturing industries, Refineries, Petrochemicals & Fertilizer plants, Pharmaceuticals, Oil Exploration, Thermal & Nuclear plants, Steel Plants, Food, Beverage & capital goods industries, Effluent Treatment & Sewerage plants, Water Treatment, Cooling Water & Water Supply plants, Mining industries etc.
• Working alongside the Marketing Director, promoting the company Products and Services to key buyers - Jindal Group of Companies, L&T, Megha Engineering & Power, IOCL, BPCL, Alstom, NTPC
• Establishing effective working relationships with sales, technical and production leadership and team, ensuring smooth system to deliver commercial and operational results
• Evaluating market trends and gathering competitive information, identifying trends that effect current and future growth of sales and profitability. Disseminate information to sales representatives facilitating decision making
• Developing and managing sales teams to deliver commercial and operational results
• Liasning and coordinating with branch offices in Ankleshwar and Bangalore, providing leadership and direction wrt technical support and service deliveries against client’s orders
• Making sure that junior employees & new trainees reach their full potential through constant evaluation, coaching and training.
• In charge of exports and regularly travelling to our Dubai Office for business development.

Derivatives Analyst at FUTURES FIRST INFO SERVICES PVT. LTD., GandhinagarAbdulJawwad Rehmani
  • India - Ahmedabad
  • July 2006 to April 2011

• Developing and employing different trading strategies such as Outrights, Spreads, Butterflies, Condors, Packs, Bundles, Inter-market trading etc. to trade the above-mentioned markets on an intraday and inter-day basis.
• Identifying and analysing trends in order to execute profitable trades
• Strong knowledge of Technical Analysis, Fundamental Analysis, Macroeconomics, Risk & Money Management.
• Trade based on market knowledge, gut feel and the news flows.
• Daily monitoring of country specific news, key economic data, and political events that move markets
• As a Sr. Derivatives Trader, was also actively involved in the recruitment process for the firm
• Promoted as the product mentor (EURIBOR). Responsible for team's development and quality growth by mentoring and training entry-level traders by imparting them training and market understanding.
• One amongst a handful of traders selected for an international product workshop held by the firm. (of all the offices the company had around the globe- over 500+ traders)

Education

High school or equivalent, Advance Accounting & Auditing
  • at H.L. Institute of Commerce, Gujarat University
  • May 2006

Bachelor of Commerce

Specialties & Skills

Financial Markets
Derivatives
Interest Rate Derivatives
Trading
TECHNICAL ANALYSIS
MANAGEMENT
ANALYSIS
BUSINESS DEVELOPMENT
CUSTOMER RELATIONS
DERIVATIVES
MARKET RESEARCH
Surveillance
Operations
Bloomberg
Reuters
Trading

Languages

English
Expert
Hindi
Native Speaker

Training and Certifications

Financial Markets (Certificate)
Date Attended:
September 2016