Evening Trader (5 pm - 12 am)

Edgehog Trading; Chicago (IL); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Health insurance

401(k)

Unlimited time off

Free snacks and drinks

Commuter benefits

Team events

Job summary

Edgehog Trading, a Chicago-based proprietary options market making firm, seeks an experienced trader for the evening shift to proactively manage positions and design systematic strategies. You will work with quantitative researchers and engineers on production-quality models and real-time risk management.

Join a collaborative team that values data-driven decision making, ownership, and continuous improvement while leveraging our proprietary datasets and low-latency trading systems.

Qualifications

• 2+ years trading experience managing an options market making book.
• Advanced degree in CS/DS/Engineering/Math/Finance/Physics or related field.
• Strong attention to detail and analytical skills.
• Ability to handle multiple responsibilities with operational excellence.
• Python skills are a plus but not required.

Responsibilities

• Proactively manage positions for multiple asset classes during evening shift (5 pm–12 am).
• Design and optimize systematic options trading strategies using quantitative research and ML.
• Build and refine algorithmic trading models from ideation to production.
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance.
• Collaborate with quants and engineers to develop new models using proprietary datasets.
• Manage real-time risk across a diversified options portfolio.

Skills

Options trading

Trading experience

Quantitative analysis

Python

Education

BS/MS/PhD in CS/DS/Engineering/Math

Job description

About Us

Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.

About Us

Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.

Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.

We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.

What You'll Do

• Proactively manage positions for multiple asset classes during the evening shift (5 pm to 12 am)
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
• Build and refine algorithmic trading models from ideation through production deployment
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
• Manage real-time risk across a diversified portfolio of options positions

Qualifications And Skills

• Previous experience trading (2+ years) with a proven track record of success managing an options market making book
• BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
• Exceptional attention to detail
• Excellent quantitative and analytical skills
• Ability to take on many responsibilities quickly with a high degree of operational excellence
• Python programming skills are a plus, but not required

Why Edgehog

• Small team advantage: Direct access to founders and senior team members from day one
• Ownership early: Manage real P&L and make meaningful impact within your first year
• Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
• Tight feedback loops: Monthly 1-on-1s with your mentor, quarterly reviews with leadership
• Chicago-based: Affordable cost of living, vibrant trading community

Benefits

• Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
• 401(k) with a 4% company match
• Unlimited paid time off and sick leave
• Free lunch, coffee, drinks, and snacks
• Commuter benefits
• Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.

The base salary for this role is 150,000 USD per year