Systematic Index Options Trader

ittihad medical centre; Chicago (IL); On-site; USD 225,000 - 275,000; Full time

Benefits offered by this job

Discretionary bonus

Paid leave

Insurance benefits

Job summary

ittihad medical centre is seeking an Index Options Low-Latency Execution Quantitative Trader to enhance their electronic liquidity provision in index options markets. This role involves driving revenue through improved execution systems while working collaboratively with traders and developers.

The ideal candidate will have over 2 years of experience, a solid understanding of exchange microstructure, and will perform analysis using Python to enhance trading performance. A competitive salary of $250,000 is offered, along with bonuses and benefits.

Qualifications

• 2+ years of experience in low-latency index options execution.
• Strong understanding of how automated trading systems interact with exchanges.
• Ability to perform efficient analysis on large datasets using Python.

Responsibilities

• Drive revenue in low-latency index options trading by improving execution systems.
• Deliver high-quality analysis using options pricing and trades data.
• Collaborate with traders, quant researchers, and developers.

Skills

Low-latency index options execution

Analysis on large datasets in Python

Understanding of exchange microstructure

Strong communication

Education

Graduate or post-graduate in a quantitative field

Job description

We are looking for an Index Options Low-Latency Execution Quantitative Trader to join our team. IMC's Index Options desk is one of the leading electronic liquidity providers in index options markets. Our execution team is responsible for getting IMC into the trades we want to participate in, across a range of mechanisms. Our ultra‑low latency infrastructure is best‑in‑class, and because IMC is highly collaborative between traders, quant researchers, and developers, the scope of this role spans deep trade analysis, execution system improvement, and early ownership of a defined part of the strategy.

Your Core Responsibilities:

• Drive revenue in low‑latency index options trading by building upon and improving our electronic execution systems
• Deliver high‑quality analysis using a variety of datasets, including options pricing, trades data, and exchange feed
• Dive into specific trade examples to understand the behavior of our systems and those of our competitors, identify anomalies, and quantify opportunities
• Use backtesting and analysis tools to predict the impact of changes to our execution systems and continuously improve our performance
• Work collaboratively with traders, quant researchers, and developers to bring ideas from inception to production
• Take early ownership of a defined area of the strategy, for example a certain exchange or execution type, and grow into setting multi‑month improvement plans

Your Skills and Experience:

• 2+ years of experience in low‑latency index options execution, including liquidity providing and taking
• Strong understanding of exchange microstructure and how automated trading systems interact with exchanges
• Entrepreneurial mindset with a competitive nature, strong ownership mentality, and a bias toward action
• Ability to perform efficient analysis on large datasets in Python
• Preference for relevant tertiary qualifications (graduate or post‑graduate) in a quantitative field: mathematics, computer science, statistics, or similar, with strong academic results
• Strong communicator, able to collaborate effectively across trading, research, and development teams

The Base Salary range for this role is $250,000 – $250,000 USD. Base salary is only one component of total compensation; all full‑time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.