Senior Index Options Trader & Quant Strategist

G-20 Group; Greater London; Hybrid; GBP 200,000 - 350,000; Full time

Job summary

G-20 Group is seeking an Index Options Trader in London to manage and optimize a discretionary index options portfolio. You will work with traders, researchers and developers to improve pricing models and trading strategies in a fast-paced environment.

The role requires a strong options trading background, data-driven decision making, and collaboration across teams. A top-tier university degree is preferred and the position offers global exposure.

Qualifications

• Degree in Finance, Mathematics, Physics, Computer Science, Engineering, or a related field from a top-tier university.
• Strong background in options trading with a solid understanding of options pricing theory, volatility trading, and relevant strategies.
• Proven track record of generating profits (PnL) and risk-adjusted returns across markets.

Responsibilities

• Develop, implement, and refine index options trading strategies across major benchmark indices.
• Analyze market microstructure, order flow, and volatility dynamics to identify and capitalize on trading opportunities.
• Collaborate with quantitative analysts and developers to improve pricing models, hedging algorithms, and execution tools.
• Maintain awareness of macro events and policy developments that influence index levels and volatility markets.
• Execute trades with precision across listed index options and related futures, ensuring best execution and liquidity management.
• Manage portfolio Greeks (delta, gamma, vega, theta) and adjust hedges dynamically.
• Contribute to the enhancement of trading infrastructure, data pipelines, and analytical frameworks.
• Monitor portfolio performance and risk metrics, providing regular feedback on strategy effectiveness.

Skills

Options trading

Quantitative trading

Analytical thinking

Communication & teamwork

Education

Finance/Math/Physics/CS/Engineering degree

Tools

Python

Excel/VBA

SQL

Job description

G-20 Group is seeking an Index Options Trader in London to manage and optimize a discretionary index options portfolio. You will work with traders, researchers and developers to improve pricing models and trading strategies in a fast-paced environment.

The role requires a strong options trading background, data-driven decision making, and collaboration across teams. A top-tier university degree is preferred and the position offers global exposure.