Edgehog Trading

Edgehog Trading

Proprietary trading firm for electronic options

Overview

Edgehog Trading is a proprietary trading firm that focuses on electronic option market making strategies. It runs algorithmic trading to post bids and offers in options markets, aiming to profit from small price differences while managing risk through automation and data-driven decisions. The company achieves this with a team that combines traders, developers, and data scientists, all working to scale and automate profitable strategies across markets. The main differentiators are its in-house, data-centered approach and a problem-solving framework that helps it address complex challenges in efficient markets. The goal is to grow and fully automate its profitable strategies to a high level of precision and scale.

About Edgehog Trading

Simplify's Rating
Why Edgehog Trading is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2018

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Simplify's Take

What believers are saying

  • Edgehog posted seven open roles in June 2026, signaling active expansion.
  • Company website updated May 2026 touts automated market-making systems and continuous engineering improvement.
  • Graduate Trader and senior developer postings suggest fresh capital allocation into talent and infrastructure.

What critics are saying

  • CME fined Edgehog $151,962 in 2023 for UDS allocation gaming.
  • ICE Futures U.S. fined Edgehog Trading International $30,000 in 2024 for audit-trail failures.
  • Repeated discipline around recordkeeping and trading conduct threatens exchange access and firm survival.

What makes Edgehog Trading unique

  • Chicago-based quantitative market maker focused on automated options systems since 2018.
  • Edgehog hires traders, C++ engineers, and options-pricing developers for integrated execution.
  • Open roles show depth across trading, technology, and mid-office functions.

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Benefits

Performance Bonus

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Edgehog Trading is Hiring for 11 Jobs on Simplify!

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