A business specialising in the trading of interest rates and commodity futures has opened an office in Brighton with the potential to provide a significant boost to the city’s financial services sector and graduate level recruitment.
OSTC Brighton has already recruited 6 graduates from the University of Brighton and anticipates that number increasing to 35 employees over the next 18 months.
Based in Phoenix House, West Street, OSTC Brighton will trade on the financial markets while developing a number of sophisticated and specialised strategies designed to enhance global trading opportunities.
Managing Director Sam Baker said he was delighted to be able to offer graduates from the city’s universities the opportunity to train and remain in Brighton. He said: “I graduated from the University of Brighton myself and spent years commuting to Kent and London for the opportunity to work in this sector.
”I knew there was a market demand for futures trading in Brighton, and the number of applicants for our initial recruitment drive clearly shows that. The calibre of applicants has been extremely high.
“It’s a great place to live and work in, and I am confident we can keep growing and providing opportunities to talented graduates in the years to come.”
OSTC has developed a successful working relationship with the University of Brighton, in which undergraduates interested in a career in trading take part in a unique scheme to test their potential trading skills. The students are given a mock portfolio of £1m to invest in the futures market and are given feedback by OSTC directors on their decisions.
University of Brighton Business Development Manager Jennifer Wells said: “The scheme is a great idea and it allows the students to really see whether a career in trading would suit them.
“OSTC is giving the city’s graduates a chance to remain in Brighton and build a successful career. That can only be good for the students and the city’s economy.
“If Brighton and Hove is not to lose its brightest graduates to London and beyond then it is vital more upcoming businesses like this settle in the city.”
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