Do you want to join one of the world’s fastest-growing energy trading companies and play a key role in building our new Macro Trading portfolio? Keep reading; we are looking for an experienced energy trader to join our newly established Macro Trading team. 

In Macro Trading, we combine macroeconomic insights and data analysis with market-specific knowledge of power, gas, and emissions to generate trading decisions. We primarily take strategic long-term positions with a horizon of six months to three years while also engaging in tactical position-taking to manage risks.

As a Macro Trader, you will actively manage risk on our strategic positions and develop systematic trading strategies. Additionally, you will collaborate closely with analysts and quants to develop algorithmic trading strategies.

Your journey as a Macro Trader

You will trade European power, gas, and emissions and play a key role in building the Macro Trading portfolio. You will join a team currently consisting of two people: an analyst and a trader (portfolio manager). Within three years, we expect the team to grow to roughly ten people, including analysts, quants, and traders.

We will ensure you are ready to take on your new role by giving you the best possible introduction to the team, our business, and organization. You will be introduced to our macroeconomic framework, and any potential knowledge gaps will be addressed to maximize your success.

At InCommodities, we do not believe in bureaucracy, stringent processes, and micro-management. Instead, we grant you high autonomy, which we believe unlocks greater engagement and ensures that the best decisions are made – always by those closest to the job. 


  • Develop and maintain systematic trading strategies in European power, gas, and EUAs
  • Engage proactively with quants and researchers to develop a portfolio of algorithms
  • Monitor all portfolio positions and manage risks accordingly

Qualifications – we imagine that you:

  • Hold a master’s degree in Economic, Finance or similar
  • Have at least two years of professional trading experience, ideally with European energy markets
  • Have a solid proprietary trading track record 
  • Possess excellent coding skills (Python, R, or similar languages is an advantage)
  • Communicate fluently in English - oral and written

Personal skills – we expect that you:

  • Are passionate and knowledgeable about European energy markets
  • Actively follow and understand what is happening in the world of macroeconomics
  • Have a curious and competitive mindset
  • Have a strong drive towards achieving results
  • Can be direct with your colleagues in a constructive way
  • Are a team player who will do what is best for the team and InCommodities

What you can expect from us:

  • You will join a team of experienced colleagues and will have the opportunity to work closely together with quants, analysts, and traders to build a macro trading desk
  • We will provide you with opportunities to develop both professionally and personally
  • We will provide you with flexibility and autonomy to drive real impact
  • You will be part a unique company culture where we live up to our values: Honesty, Transparency, and Rethink and where you don't have to abide by a dress code or a strict hierarchy, so you won't be frustrated with too many rules, policies, or bureaucratic processes

We’re InCommodities: One of the fastest growing trading companies in the world. The energy market is transitioning away from fossil fuels to renewable energy, and we take part in making that happen! 

At InCommodities, we support the transition by acting as the middleman between sellers and buyers of power and gas - we transport energy across borders where it’s needed, or we store it and sell it later, providing a vital function in the value chain from production to consumption. InCommodities’ business and decision-making are driven by a deep understanding of the energy markets and based on quantitative analysis and rethinking what we do.

Making InCommodities outstanding requires all types of people with different personalities, backgrounds, and approaches to solving different tasks and projects. But one thing connects us: we're fuelled by new ideas and rethinking the status quo.

Our Culture

We value a strong social culture with a high frequency of employee events outside the office. We want to win and be the best in class – therefore, you'll be surrounded by like-minded people who are bold, honest, ambitious, and the smartest in their field, and who root for one another, as we value a genuine sense of team spirit.

To help each other grow, we use honest and constructive feedback and sparring within and across teams. Personality and cultural fit are important to us because we want you to be happy here. The work culture is relaxed; you don’t have to abide by a dress code or a strict hierarchy, so you won’t be frustrated with too many rules, policies, or bureaucratic processes. 

In other words, InCommodities is not your average workplace – it’s awesome.

Practical details

Location: Aarhus N, Denmark

Full-time job

Application deadline:

Ongoing recruitment - we invite candidates continuously and will close the position once the right match is found.

If you have any questions, please contact:

Morten Kold Jensen, Head of Macro Trading