Senior Mid-Frequency Quantitative Trader

TransMarket Group L.L.C.; Chicago (IL); Hybrid; USD 220,000 - 320,000; Full time

Benefits offered by this job

Profit sharing

Excellent benefits

Job summary

TransMarket Group L.L.C. in Chicago seeks an Experienced Mid-Frequency Quantitative Researcher/Trader to lead an entrepreneurial initiative in this area.

You will develop automated futures trading strategies and work with our team to build predictive models and backtesting tools. The ideal candidate has strong numerical programming skills, advanced degrees in a technical field, and a track record of profitable trading.

Qualifications

• Experience developing quantitative models for profitable trading.
• Breadth and depth in mathematical background.
• Demonstrated passion for financial markets and market microstructure.

Responsibilities

• Develop automated mid-frequency trading strategies across futures with minutes-to-hours holding periods.
• Create and improve quantitative models for predicting futures prices.
• Build out and improve signals library and backtester/tools to support a sustainable trading desk.
• Collaborate within a group and across the firm to drive growth and risk management.

Skills

Python

C++

Quantitative modeling

Education

Bachelor's/Master's/Doctorate in a technical field

Job description

Senior Mid-Frequency Quantitative Trader

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

TMG is seeking an Experienced Mid-Frequency Quantitative Researcher / Trader with a track record of success to lead an entrepreneurial initiative in this area at the firm.

Responsibilities

• Develop automated medium frequency trading strategies across all futures products with expected holding periods of minutes to hours
• Create and improve quantitative models for predicting futures prices
• Build out and improve our signals library
• Collaborate within a group and across the firm to improve our backtester and other necessary tools to build a sustainable trading business (desk)

Requirements

• Must have experience successfully developing quantitative models for profitable trading
• Breadth and depth in mathematical background
• Demonstrated passion for financial markets and market microstructure
• Strong numerical programming skills in Python; industry C++ experience is a plus
• Ability to work in a fast-paced and collaborative team environment
• Bachelor's, Master's, or Doctorate in technical field and relevant industry experience

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.