Quantitative Volatility Trader

Xantium; New York (NY); On-site; USD 150,000 - 225,000; Full time

Job summary

Xantium in New York seeks Quantitative Volatility Traders to join a rapidly growing team. You will collaborate with developers and researchers to implement derivatives trading strategies, relying on Python and strong math.

Early tasks include monitoring and improving trading systems, with some roles executing trades. With guidance from seniors, you’ll learn how Xantium develops and optimizes volatility strategies; compensation includes a substantial year-one bonus.

Qualifications

• 1-3+ years of fulltime experience trading derivatives or developing options trading systems.
• Bachelor’s degree (or higher) in hard sciences (e.g., mathematics, computer science, physics, engineering, etc.)

Responsibilities

• Trading system monitoring and improvement.
• Some roles involve individual trade execution and support.
• Grow to understand how Xantium’s volatility strategies are developed and optimized.

Skills

Python

Mental math

Market intuition

Education

Bachelor's degree in hard sciences

Job description

Quantitative Volatility Traders (QVTs) collaborate with developers and researchers to implement Xantium's derivatives trading strategies. Their roles require established Python coding skills, strong mental math, and developed market intuition.

Initial responsibilities include trading system monitoring and improvement; some roles also involve individual trade execution and support. Over time and with guidance from senior team members, all QVTs grow to better understand how the range of Xantium’s volatility strategies are developed and optimized.

We are seeking multiple QVTs for a rapidly growing team. At this time, candidates with derivatives experience in the following underlying asset types are particularly attractive: equities (single name and index), commodities, and fixed income.

All applicants should have:

• 1-3+ years of fulltime experience trading derivatives or developing options trading systems
• Bachelor’s degree (or higher) in hard sciences (e.g., mathematics, computer science, physics, engineering, etc.)

Compensation: Quantitative Volatility Traders in New York can expect to earn $150,000 to $225,000+ base. Total compensation for all Quantitative Volatility Traders also includes a large annual bonus which is guaranteed in year one and based on employee and firm performance thereafter.