Quantitative Options Trading Lead — Real-Time Market Making

Edgehog Trading; Chicago (IL); On-site; USD 128,000 - 173,000; Full time

Benefits offered by this job

Ownership early

Direct access to founders

Discretionary bonus

Unlimited PTO

Free lunch and snacks

Annual team events

401(k) with company match

Job summary

Edgehog Trading, Chicago-based proprietary trading firm, seeks a skilled trader to manage pricing and positioning across options market making desks. You will act as the primary liaison with brokers and counterparties, translating flow context into actionable trading adjustments.

You will analyze market microstructure, monitor execution quality, and generate alpha signals to improve strategy performance while proactively managing real-time risk across a diversified options portfolio.

Qualifications

• 2+ years trading experience managing an options market making book
• Degree in CS, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
• Strong verbal communication, detail oriented, team player
• Ability to use market information to positively impact trading ops and algos
• Work well under pressure and make fast decisions in a dynamic market
• Strong interpersonal skills to manage external counterparty relationships
• Strong Python programming skills; familiarity with AI agents a plus

Responsibilities

• Manage pricing, positioning, and algorithmic trading activity across a range of options market making strategies and desks
• Act as the primary point of contact for brokers and institutional counterparties, translating flow context into concrete pricing decisions
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
• Proactively manage real-time risk across a diversified portfolio of options positions
• Develop new relationships to improve access to flow and expand the business
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets

Skills

Python

Trading systems

Communication

Risk management

Counterparties

Education

CS/Math/Engineering degree

Job description

Edgehog Trading, Chicago-based proprietary trading firm, seeks a skilled trader to manage pricing and positioning across options market making desks. You will act as the primary liaison with brokers and counterparties, translating flow context into actionable trading adjustments.

You will analyze market microstructure, monitor execution quality, and generate alpha signals to improve strategy performance while proactively managing real-time risk across a diversified options portfolio.