Derivatives Trader

T3 Global; Chicago (IL); Remote; USD 120,000 - 210,000; Full time

Benefits offered by this job

Access to T3's Balance Sheet

Professional-Grade Trading Software

Customizable Routing

Stock Locates and Loans

Elite Trading Community

Job summary

A leading financial services firm is seeking an experienced Derivatives Trader to manage a portfolio and develop trading strategies across various derivative products. The ideal candidate will have at least 5 years of relevant experience and a degree in Finance or a quantitative field. This role requires strong analytical and communication skills, while offering benefits like access to cutting-edge technology and a professional trading community.

Qualifications

• Minimum of 5 years of experience in a similar role, preferably at a proprietary trading firm or hedge fund.
• Strong analytical skills and ability to make rapid decisions.
• Excellent communication and teamwork skills.

Responsibilities

• Develop and execute trading strategies in various derivatives markets.
• Conduct rigorous pre-trade analysis and post-trade evaluations.
• Manage trading book risk and collaborate with other traders.
• Maintain understanding of market structures and regulatory changes.
• Monitor macroeconomic indicators and company news affecting markets.
• Collaborate with other traders to share ideas and insights.
• Oversee real-time trading systems operation and performance.
• Utilize first loss capital with disciplined risk controls.

Skills

Strong analytical skills

Ability to work well under pressure

Excellent communication skills

Teamwork

Education

Bachelor’s degree in Finance, Mathematics, Engineering, or a related quantitative field

Tools

Trading software

Job description

Job Title: Derivatives Trader (Remote)

Location: New York, NY; San Francisco, CA; Chicago, IL; Boston, MA; Miami, FL; Washington, DC

About T3 Global

T3 Global Group, LLC is a comprehensive destination for institutional traders and trading teams aiming to optimize their performance in the current financial markets. Our dedication lies in offering professional traders a top-tier infrastructure within a professional setting. Designed with a focus on enabling professionals to effectively scale their trading businesses, T3 includes a diverse community of individuals with backgrounds in investment banking, quantitative trading, private equity, hedge funds, and other non-finance fields. We seek both individuals and trading teams with an entrepreneurial spirit, strong work ethic, exceptional business instincts and a demonstrated ability to make sound decisions under pressure. T3 Global currently trades Futures, Equities and Options.

Job Summary

T3 Global is seeking an experienced Derivatives Trader to join our team. The Derivatives Trader will be responsible for managing a portfolio, developing trading strategies, and risk management decisions for a variety of derivative products including options, futures, and swaps. The role demands a blend of trading skills, market insight, and discipline.

Benefits

• Access to T3's Balance Sheet: Leverage our financial strength to bolster your trading strategies.
• Professional-Grade Trading Software: Utilize cutting-edge technology designed for professional traders.
• Customizable Routing: Tailor your trade executions to fit your strategies with our flexible routing options.
• Stock Locates and Loans: Find and finance the shares you need with our comprehensive stock locate and loan capabilities.
• Elite Trading Community: Engage with a network of professional traders for live trade discussions, market analysis, and real-time trade ideas.

Key Responsibilities

• Develop and execute trading strategies in various derivatives markets, including but not limited to equity options, commodity futures, and listed swaps.
• Conduct rigorous pre-trade analysis and post-trade evaluations.
• Manage trading book risk, keeping within given parameters and limits.
• Maintain an in-depth understanding of market structures, liquidity flows, and regulatory changes.
• Stay abreast of macroeconomic indicators, company news, and other market-moving information.
• Collaborate with other traders to share ideas and news.
• Monitor real-time trading systems, ensuring correct operation and performance.
• First loss capital.

Qualifications

• Minimum of 5 years of experience in a similar role, preferably at a proprietary trading firm, hedge fund, or investment bank (or equivalent experience).
• A bachelor’s degree in Finance, Mathematics, Engineering, or a related quantitative field.
• Strong analytical skills.
• Ability to work well under pressure, manage risk, and make decisions rapidly.
• Excellent communication and teamwork skills.

T3 Global Group, LLC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.