CFA · FRM · CIPM · CMT · SEBI RIA ·
Full-Time Equity Derivatives & Currency Trader ·
Founder & Director, RXT Global ·
Surat, Gujarat, India
Official profile of Smit Shah — CFA Charterholder · SEBI RIA · Founder, RXT Global
Contents
Smit Shah (born , Surat, Gujarat) is an Indian financial trader, entrepreneur, and technologist. He is the Founder and Director of RXT Global — a proprietary trading firm based in Surat — and serves as President of NFA Traders' Talk, a professional forex trading and networking community. At the intersection of finance and technology, Shah builds systematic trading strategies, contributes to open-source fintech infrastructure, and works to raise the standard of financial education in India.
Early Life & Background
Smit Shah was born on 18 January 2002 in Surat, Gujarat, India, into a close-knit Gujarati family. He is the only child of Shreyash Vijaykumar Shah and Purvi Shreyash Shah. Raised in the commercial and entrepreneurial spirit of Surat — historically one of India's most significant trade and textile cities — Shah developed an early fascination with financial markets, technology, and analytical thinking.
Growing up as a single child in a family-oriented Gujarati household, Shah benefited from undivided support and a nurturing environment that encouraged intellectual curiosity across both finance and technology. His early exposure to India's capital markets, combined with a natural affinity for computers and systems, laid the foundation for what would become an unusually broad and rigorous professional portfolio.
He pursued his higher education in Bengaluru, Karnataka — simultaneously completing a B.Tech in CSE (Cybersecurity) and a BBA in Banking & Finance at Jain University (2021–2025). Bengaluru's dynamic technology ecosystem further sharpened his technical skills, while his finance studies fuelled an increasingly serious engagement with Indian derivatives markets. By the time of graduation, he had already accumulated five major professional finance designations, multiple technology certifications, founded his own trading firm, and obtained an Indian Student Pilot Licence (SPL).
Education
Smit Shah's academic record combines elite finance scholarship with advanced computer science and cybersecurity qualifications — an unusual and powerful combination that underpins his multidisciplinary career.
MBA with specialisation in corporate finance, financial strategy, and capital market operations at IIM Ahmedabad — India's premier management institution. Complements existing CFA, FRM, CMT, and SEBI RIA designations with a formal management perspective and serves as the academic foundation for doctoral research at Stanford GSB.
M.Tech programme in Computer Science & Engineering at IIT Bombay — delivering advanced theoretical, practical and research-oriented knowledge. Admission through GATE scores via the Common Offer Acceptance Portal (COAP). Full-time programme combining flexible coursework with thesis projects to develop research capabilities.
+
Doctor of Philosophy (Ph.D.) — Computer Science & Engineering
Applying 2026–27Simultaneous with M.TechResearchDoctoral
Doctoral research programme at IIT Bombay pursued simultaneously alongside M.Tech — combining master's-level coursework with deep doctoral research in computer science. Research interests span algorithmic trading systems, cybersecurity, and computational methods in quantitative finance. IIT Bombay allows concurrent M.Tech + Ph.D. enrolment with an option to convert upon meeting eligibility criteria.
Standardised Test Scores
SAT
1552
out of 1600
TOEFL
94
out of 120
GRE
—
Scheduled
GMAT
—
Scheduled
Undergraduate & Professional Degrees
Bachelor of Technology (B.Tech) — CSE · Cybersecurity
Programme focused on safeguarding digital systems and addressing cyber threats. Expertise in secure system design, penetration testing, risk assessment, LDAP, Active Directories, and IoT security. Participated in cybersecurity workshops, CTFs, and collaborative research projects.
Bachelor of Business Administration (BBA) — Banking & Finance
Comprehensive understanding of banking, financial analysis, risk management, and strategic financial planning. Curriculum fostered analytical thinking for the dynamic financial industry. Jain University's vibrant academic environment provided practical learning experiences and interactions with industry professionals.
Courses
Advanced Programme in Quantitative Finance & Risk Management
Intensive programme covering mathematical foundations of derivatives pricing, the Black-Scholes model, option Greeks, volatility modelling, and numerical methods in computational finance via Python and R. Includes machine learning applications in finance and a campus module at IIMA — delivered by faculty with expertise in market microstructure and derivatives risk.
Executive Program in Quantitative Finance & Risk Mitigation
Hands-on bootcamp equipping participants to apply machine learning techniques in algorithmic trading using Python. Covered trend-following and mean-reversion strategies, exploratory data analysis on stock pricing data, and practical implementation of ML models for trading — delivered via live classroom and live-stream sessions from NSE India, Mumbai.
CHNA & CSP — Computer Hardware, Networking & System Administration
Completed dual certifications — Certified Hardware Network Associate (CHNA) and Certified System Professional (CSP) — covering computer hardware assembly & troubleshooting, network configuration, system administration, and OS deployment. Hands-on technical training at IANT Educom built a strong foundation in IT infrastructure that underpins Shah's work in trading systems and fintech platforms.
Shah founded RXT Global as a proprietary trading and financial services firm focused on systematic and discretionary derivatives trading across NSE and BSE. As Founder and Director, he oversees all trading operations across equity derivatives and currency segments, drives strategic direction, and manages the firm's risk framework. The firm integrates quantitative research with real-time market judgement to generate sustainable, risk-adjusted returns.
Holds the SEBI RIA registration, enabling formal investment advice under Indian securities law. Mandates high professional standards, strict fiduciary duties, conflict-of-interest disclosures, and periodic compliance — reserved for rigorously vetted finance professionals only.
Associated with Arham Shares Pvt Ltd in a financial advisory and market analysis capacity. Developed expertise in client-facing financial services, investment advisory processes, capital market research, structured product analysis, and professional financial communication. The role deepened practical exposure to Indian equity broking operations and compliance frameworks.
Jainam Broking Ltd is one of India's leading stockbroking and financial services companies. Shah initiated and steered technical analysis endeavours, formulated delta-hedging strategies, developed sophisticated spreads, and exhibited adept management of stock Greeks. Served as a Portfolio Management Services (PMS) handler and IPO file manager. Career commenced as a phone broker — a foundational role that provided direct insight into institutional order flow and client servicing.
Shah holds an extraordinary portfolio of globally recognised financial designations. Simultaneously holding CFA, FRM, CIPM, CMT, and SEBI RIA places him among an ultra-select cohort of finance professionals worldwide — reflecting extraordinary intellectual breadth and sustained professional discipline.
The gold standard in global investment management. Covers portfolio theory, equity analysis, fixed income, derivatives, alternative investments, ethics, and quantitative methods. Held by fewer than 200,000 professionals worldwide.
Premier global standard in financial risk management. Covers quantitative risk analysis, market risk, credit risk, operational risk, and risk modelling.
Regulatory registration issued by the Securities and Exchange Board of India (SEBI) permitting formal investment advice provision to Indian investors. Mandates high professional standards, fiduciary duties, conflict-of-interest disclosures, and periodic regulatory compliance — reserved exclusively for qualified, vetted professionals. Governed under the SEBI Investment Advisers Regulations, 2013.
Algorithmic Trading Module
NCFM — Algorithmic trading strategies, risk management in automated systems, audit & compliance processes, and practical implementation of trading algorithms on NSE infrastructure.
Verify ↗
TA
Technical Analysis Module
NCFM — Chart types, candlestick patterns, support & resistance, trend indicators (RSI, MACD, Bollinger Bands), and trading signal interpretation for equity and derivatives markets.
Verify ↗
Technology Certifications
Beyond finance, Shah holds a formidable stack of globally recognised technology certifications spanning cybersecurity, cloud, systems administration, and IT training.
Red Hat CertificationsEnterprise Linux Administration · Server Infrastructure
Red Hat Certified Professional
Advanced Red Hat certification recognizing demonstrated expertise across enterprise Linux environments, systems management, and Red Hat technologies.
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Certified Ethical Hacker v12
Ethical hacking and penetration testing certification covering exploitation techniques, network security, social engineering, and defense strategies.
Verify ↗
CND
Certified Network Defender
Network defense certification focused on protecting, detecting, and responding to network threats — covering firewalls, IDS/IPS, VPNs, and incident response.
Verify ↗
CSCU
Certified Secure Computer User
Foundational cybersecurity certification covering data security, internet safety, social engineering awareness, and secure usage of digital systems.
Verify ↗
Microsoft CredentialsMVP · MCT · Student Ambassador · AZ-104 · Azure · Power Platform
Shah operates with proficiency across India's major trading platforms and execution systems, covering both retail and institutional-grade infrastructure on NSE and BSE.
Shah's primary venture — RXT Global is a proprietary trading and financial services firm focused on systematic and discretionary derivatives trading across NSE and BSE. Multi-strategy operation covering volatility arbitrage, directional options, and gamma-scalping. Core execution via GreekSoft, Symphony XTS, OpenAlgo, and NEAT.
Live · ActiveFounding VentureNSE DerivativesProprietary TradingFintech
Shah serves as President & Host of NFA Traders' Talk — a professional forex trading knowledge and networking community based at IT Park, Surat. Responsible for community gathering, event management, and member growth — targeting 500+ consistently profitable traders by 2026. Sessions cover trading psychology, risk management, market awareness, and peer networking — operated in alignment with SEBI compliance and regulatory standards.
Live · ActivePresident & HostForex TradingCommunity BuildingSurat · IT Park
Proprietary framework for analysing, backtesting, and stress-testing multi-leg options strategies across volatility regimes on Nifty 50 and Bank Nifty. Built in Python with real-time Greeks monitoring, IV percentile tracking, and dynamic risk overlays. Integrates with OpenAlgo API.
ProprietaryPythonQuantitative FinanceOptions Research
03
CRISIL Debt Market Research & Analysis
In-depth research into CRISIL credit ratings for Indian debt instruments, tracking rating actions across Indian corporate debt. Bridges CFA fixed income expertise with practical market research. Published reference →
Smit Shah has authored and contributed to research publications spanning financial markets, IoT systems, and applied technology. Full references and links will be published here as available.
01
Smart Mirror: An IoT-Based Intelligent Information Display System
Research on the design, development, and deployment of a Raspberry Pi-powered Smart Mirror integrating real-time financial data, AI voice interaction, and IoT sensor modules. The project includes a patent application for the novel interface architecture and data integration methodology. Available on GitHub ↗ and Google Scholar ↗.
Volatility Patterns in Indian Index Options: An Empirical Study
Options ResearchNSE · Nifty 50Finance
Empirical analysis of implied volatility patterns, skew dynamics, and term structure behaviour in Nifty 50 and Bank Nifty options markets. Application of CFA and FRM frameworks to quantitative market research.
Publication link — to be added
03
Additional Research Publications
In Progress
Further research papers and academic publications are in preparation. Links will be updated when available. View all work on GitHub ↗ and Google Scholar ↗.
The timeless art of horseback riding — demanding patience, partnership, and physical mastery. A pursuit of elegance and disciplined control.
Culinary Adventures & Fine Dining
A connoisseur of global cuisines — from Indian haute cuisine to contemporary European gastronomy. Food as an expression of culture, craft, and meticulous attention to detail.
Holds an Indian Student Pilot Licence (SPL) — DGCA certified. Navigating the skies demands the same precision and situational awareness as professional trading.
Whether you're looking to connect professionally, explore financial collaboration, invite me for speaking engagements, or simply discuss markets and technology — reach out directly.
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