Quantitative Trader (options, futures, equities or commodities) for MM firm

Quanta Search; Chicago (IL); On-site; USD 100,000 - 140,000; Full time

Job summary

A leading prop trading firm seeks an experienced Quantitative Trader to join their options market-making desk. The role focuses on leveraging trading intuition blended with quantitative research to capitalize on market opportunities. Join a collaborative team environment committed to continuous improvement and innovation in trading strategies.

Qualifications

• Experience within the derivatives industry required.
• Ability to manipulate large datasets.
• Strong foundation in statistics is essential.

Responsibilities

• Drive profitability of a highly electronic trading operation.
• Conduct research to improve and deploy strategies.
• Develop data-based tools for trading and risk management.

Skills

Quantitative trading knowledge

Analytical problem-solving

Proficiency in Python

Statistics knowledge

Excellent communication

Education

Bachelor's degree in quantitative finance

Tools

SQL

Job description

Quantitative Trader (options, futures, equities or commodities) for MM firm

Join to apply for the Quantitative Trader (options, futures, equities or commodities) for MM firm role at Quanta Search

Quantitative Trader (options, futures, equities or commodities) for MM firm

1 day ago Be among the first 25 applicants

Join to apply for the Quantitative Trader (options, futures, equities or commodities) for MM firm role at Quanta Search

Our client is a leading prop trading firm that helps the world price and manage risk. Their culture is highly collaborative across traders, quants, technologists and development teams who work together to solve the toughest problems markets have to offer.

The Role

We are seeking an experienced Quantitative Trader to join one of a highly profitable options market-making desks. Trading teams require individuals that can marry trading intuition, quantitative research and technical acumen in order to capitalize on short and medium-term opportunities in volatility market making. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded.

What You’ll Do

• Build on your previous research and trading experience to drive the profitability of a highly electronic trading operation.
• Drive a rapid innovation cycle that produces demonstrable wins through the feedback loops of quantitative research/analysis, trading, post-trade analysis, and iterative workflows.
• Conduct research and experiments to improve existing strategies and deploy new strategies that monetize opportunities in a constantly evolving market environment.
• Build data-based tools and workflows to further systematize our approach to trading and risk management.
• Apply quantitative research and modeling to solve core problems in order to set us up for flexibility and innovation in the medium to longer term.
• Learn from an experienced team with a diverse knowledge base across trading, quant, and technology
  
  

What We’re Looking For

• Quantitative trading knowledge and intuition within the derivatives industry
• Strong analytical problem-solving skills including a solid foundation of statistics knowledge
• Proficiency in Python and ability to use SQL; able to use these skills to manipulate large datasets and build lightweight tools for analysis
• Familiarity with market microstructure on various CFTC and SEC trading exchanges
• A desire to operate as part of a team of smart, highly driven peers, commensurate with our culture
• Ability to learn from mistakes and continuously improve
• Excellent communication skills with the ability to collaborate across all the disciplines in the firm

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

Referrals increase your chances of interviewing at Quanta Search by 2x

Get notified about new Quantitative Trader jobs in Chicago, IL.

Chicago, IL $100,000.00-$140,000.00 12 hours ago

Quantitative Trader – High Frequency Futures

Chicago, IL $150,000.00-$200,000.00 2 weeks ago

Junior Quantitative Trader (Asian Market Hours)

Chicago, IL $125,000.00-$225,000.00 1 week ago

Quantitative Trader (Options Market Making)

Chicago, IL $100,000.00-$300,000.00 3 days ago

Chicago, IL $150,000.00-$200,000.00 1 day ago

Chicago, IL $89,800.00-$153,300.00 1 week ago

Quantitative Researcher – HFT Futures/Equities

Quantitative Trader/Researcher – Systematic Options Trading

Chicago, IL $170,000.00-$300,000.00 1 week ago

Experienced Quantitative Trader – Delta One Strategies

Chicago, IL $150,000.00-$160,000.00 6 hours ago

Quantitative Finance Analyst - Markets Behavior Analytics Group

Chicago, IL $89,800.00-$153,300.00 1 week ago

Chicago, IL $200,000.00-$250,000.00 1 week ago

Quantitative Developer (HFT - New Desk - Not Tower) (Chicago)

Chicago, IL $116,200.00-$145,250.00 1 day ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.