Brighton graduates are expected to be offered opportunities to work in financial services as a trading business sets up in the town.
OSTC Brighton has already recruited six graduates from Brighton University and expects the number to rise to 35 over the coming 18 months.
The company specialises in trading interest rate and commodity futures.
It recently opened an office in Phoenix House in West Street, Brighton.
It said that it was developing a number of sophisticated and specialised strategies designed to enhance global trading opportunities.
Sam Baker, the managing director, said that he was delighted to be able to offer graduates from the area’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 said that it had developed a successful working relationship with Brighton University, 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 £1 million to invest in the futures market and are given feedback by OSTC directors on their decisions.
Brighton University 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.”
