Floor Trader

Belvedere Trading; Chicago, New York (IL, NY); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

On-site trading floor

Job summary

Belvedere Trading is seeking a seasoned Floor Trader to provide liquidity and drive performance in the open outcry or hybrid trading environment. You will work on single stock equity volatility and option market-making strategy, collaborating with technology teams to refine trading tools and execution.

The role emphasizes timely, disciplined decision-making on fast-moving markets. Experience on MIAX Sapphire or similar options floors is preferred, with strong knowledge of pricing, volatility,

Qualifications

• 2+ years in options market‑making at a proprietary trading firm or comparable environment.
• Prior floor trading experience on Cboe, AMEX, MIAX or comparable exchange.
• Strong understanding of options pricing, volatility, liquidity, and market microstructure.
• Ability to apply quantitative skills and logical reasoning to solve complex problems.
• Demonstrated ability to make high‑quality decisions under pressure and manage risk in fast‑moving markets.

Responsibilities

• Provide consistent liquidity in assigned options products while supporting efficient, orderly markets.
• Execute floor-based, voice-assisted, or hybrid options trades with precision and strong commercial judgment.
• Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection.
• Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond quickly to changing conditions.
• Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance.
• Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management.
• Communicate clearly with brokers, counterparties, and internal stakeholders to support effective coordination on the trading floor.
• Operate with strong accountability, risk discipline, and a continuous-improvement mindset aligned with firm performance goals.

Skills

Options market-making

Floor trading

Market microstructure

Quantitative reasoning

Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.

Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.

Join the pulse of the trading floor at Belvedere Trading, where tradition and innovation converge in the dynamic environment of the Cboe Super Pit or AMEX trading floors. As a Floor Trader, you’ll play a critical role in providing liquidity and driving performance in the open outcry marketplace.

At Belvedere, we’ve built our success on a foundation of intellectual curiosity and continuous improvement. From developing proprietary technology to refining our trading strategies, we are committed to staying at the forefront of the industry. Our traders work seamlessly with our technology teams to optimize models and enhance performance, ensuring we remain agile in an ever-evolving market landscape.

We are seeking a seasoned professional with expertise in single stock equity volatility and a background in open outcry or voice/chat market making. This role offers the opportunity to apply your market insights and decision-making skills in a fast-paced environment where every trade makes an impact. Experience on the MIAX Sapphire floor or a comparable options trading floor is strongly preferred, particularly in environments that support large, complex orders and combine proprietary technology with open outcry price discovery.

What you'll do

• Provide consistent liquidity in assigned options products while supporting efficient, orderly markets.
• Execute floor-based, voice-assisted, or hybrid options trades with precision and strong commercial judgment.
• Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection
• Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond quickly to changing conditions
• Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance
• Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management
• Communicate clearly with brokers, counterparties, and internal stakeholders to support effective coordination on the trading floor
• Operate with strong accountability, risk discipline, and a continuous-improvement mindset aligned with firm performance goals

What you'll need

• 2+ years of experience in options market‑making at a proprietary trading firm or comparable trading environment
• Prior floor trading experience on Cboe, AMEX, MIAX or comparable physical exchange
• Strong understanding of options pricing, volatility, market microstructure, and liquidity provision
• An ability to apply quantitative skills and logical reasoning to solve complex problems
• Demonstrated ability to make high‑quality decisions under pressure and manage risk in fast‑moving markets.

How We Operate - Core Values

Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.

Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence.

Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures.

Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks.

Passionate Discourse: Encourage and bring innovative, out‑of‑the‑box ideas to discussions, actively contributing to team growth and progress.

Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications.

We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non‑discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Work Schedule: Regular and reliable attendance during business hours with the ability to be on‑site prior to the start of business on occasion

Physical: Ability to remain at a desk and concentrate for long periods of time

Amount of Travel Required: None