Real-Time Prediction Markets Quant Trader

DRW Holdings, LLC.; Chicago (IL); Hybrid; USD 175,000 - 200,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision insurance

401k with discretionary employer match

Short and long-term disability insurance

Flexible spending accounts

Job summary

A major proprietary trading firm is seeking a Prediction Markets Trader based in Chicago, IL. You will develop and optimize high-conviction trading strategies using dynamic market analysis and backtesting. This role requires expertise in probability and statistics, along with hands-on experience in prediction markets like Polymarket and Kalshi. The ideal candidate will have a genuine passion for prediction markets and a proven track record in quantitative trading. The annual salary ranges from $175,000 to $200,000, with a comprehensive benefits package.

Qualifications

• Bachelor's degree or higher in relevant quantitative fields.
• Strong understanding of probability and statistics.
• Experience with prediction market platforms preferred.

Responsibilities

• Monitor and trade active markets in real time.
• Execute market making and arbitrage strategies.
• Develop and backtest quantitative models.

Skills

Quantitative analysis

Market making

Probability

Statistical modeling

Bayesian methods

Event-driven strategies

Education

Bachelor's or higher in Quantitative Finance, Statistics, Computer Science, Economics, Mathematics

Tools

Polymarket APIs

Kalshi APIs

FIX protocol

Web3 integrations

Job description

A major proprietary trading firm is seeking a Prediction Markets Trader based in Chicago, IL. You will develop and optimize high-conviction trading strategies using dynamic market analysis and backtesting. This role requires expertise in probability and statistics, along with hands-on experience in prediction markets like Polymarket and Kalshi. The ideal candidate will have a genuine passion for prediction markets and a proven track record in quantitative trading. The annual salary ranges from $175,000 to $200,000, with a comprehensive benefits package.