APAC Options Market Maker - Quantitative Trader

Nine Mile; Sydney; On-site; AUD 180,000 - 300,000; Full time

Job summary

Nine Mile is seeking a Trader – Options to join our market making team in Sydney, focused on APAC options trading. You will develop and execute market making strategies and manage risk across listed options, with ownership over the book.

You’ll work with a small, technical team from strong trading backgrounds, collaborating with technology to improve pricing models, quoting engines, and execution tools. 5+ years in options trading and a robust quantitative background are essential.

Qualifications

• 5+ years of options trading or market making experience
• Deep understanding of options pricing, greeks, volatility surfaces, skew, and term structure
• Hands-on experience running and managing an options book, including dynamic hedging
• A track record of developing and owning trading strategies
• Strong grasp of options market microstructure
• Familiarity with ETFs or APAC derivatives landscape is a plus

Responsibilities

• Developing and executing options market making strategies across APAC, with scope to grow across products and asset classes
• Pricing options and managing the book across the greeks, volatility surface, skew, and term structure
• Dynamically hedging options risk using underlying equities, futures, and ETFs
• Identifying and exploiting relative value and arbitrage opportunities across options and derivatives
• Researching and developing new systematic trading opportunities within options markets
• Working closely with technology to design pricing models, quoting engines, and execution tools
• Collaborating closely with the broader market‑making team
• Proactively engaging with regulators, exchanges, issuers, and brokers across APAC options and derivatives markets

Skills

Python

Options trading

Market making

Risk management

Mathematics

Statistical analysis

Education

Math/Engineering degree

Quantitative degree

Tools

Python

Pricing engines

Job description

Nine Mile is seeking a Trader – Options to join our market making team in Sydney, focused on APAC options trading. You will develop and execute market making strategies and manage risk across listed options, with ownership over the book.

You’ll work with a small, technical team from strong trading backgrounds, collaborating with technology to improve pricing models, quoting engines, and execution tools. 5+ years in options trading and a robust quantitative background are essential.