Quantitative Researcher --> Trader - Commodity Options

Fionics; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Fionics in Chicago is seeking a QR-ready quant researcher ready to transition from research to trading. The seat is built to get you there fast, turning ideas into live trades and owning risk on CME and ICE options.

Candidates should have 2 to 3 years as a QR at an options market maker, prop firm or commodity shop, with exposure to commodity options or futures options, pricing, Greeks and risk; Python preferred over C++.

Qualifications

• 2 to 3 years as a QR at an options market maker, prop firm or commodity shop.
• Exposure to commodity options or options on futures, comfort with pricing, Greeks and risk.
• Python is fine, no hardcore C++ needed.

Responsibilities

• Turn ideas into live trades and start owning risk.

Skills

Python

Options pricing

Greeks & risk

Trading mindset

Job description

QR Ready to Trade — Commodity Options (CME & ICE), Chicago

You are a quant researcher who knows you could trade, but the jump from research to risk is years away where you are. This seat is built to get you there fast.

A Chicago desk trading commodity and index options on CME and ICE, backed by a low-profile HFT firm, is hiring a researcher with a quick runway into trading. The modelling foundation is built. They want someone who turns an idea into a live trade and starts owning risk.

Looking for:

• 2 to 3 years as a QR at an options market maker, prop firm or commodity shop
• Exposure to commodity options or options on futures, comfort with pricing, Greeks and risk
• Python is fine, no hardcore C++ needed
• Genuinely wants to trade, not stay in research

Why it's a good seat:

• The fastest path from research into trading you will find
• No non-compete imposed, and they will wait out yours
• Cheapest cost structure in the business: no tech, data or capital charges on your P&L

Chicago, on-site. Not single-stock, not cash-settled index options.