Full-Time
Junior Derivatives Trader
Posted on 8/28/2024
Valkyrie Trading
11-50 employees
Derivatives trading using advanced algorithms
Entry, Junior
Chicago, IL, USA
This position is onsite in Chicago, IL.
- Degree in mathematics, physics, engineering, computer science or equivalent
- Passion for the financial markets
- Strong quantitative, analytical and problem-solving skills
- Entrepreneurial attitude with a keen attention to detail
- Strong communication and interpersonal skills
- Ability to make split-second logical decisions in a high-pressure environment
- Competitive drive and the maturity to handle considerable responsibility
- Capability to quickly recover from mistakes
- Quantitative Analysis skills are a plus
- Programming experience preferred
- operating our proprietary trading system
- being fully responsible for day-to-day PnL and risk
- directly facing the market every day
- seeing the immediate impact of your decisions
- completing our rigorous training program
- joining an existing team to continue learning how to successfully manage our trading strategies
- performing and operating under the supervision of a senior trader
Valkyrie Trading focuses on trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, aiming to profit from small price differences in the market. Valkyrie Trading serves a variety of clients, including institutional investors and hedge funds, by providing sophisticated trading strategies and insights based on quantitative analysis. What sets Valkyrie Trading apart from its competitors is its collaborative culture, where traders, analysts, and engineers work together to continuously improve trading strategies. The company's goal is to leverage technology and data to stay competitive in the fast-paced derivatives market while fostering a creative and growth-oriented work environment.
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2011
Simplify's Take
What believers are saying
- Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
- DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
- Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.
What critics are saying
- Competition from fintech startups using AI could erode Valkyrie's market share.
- Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
- Quantum computing advancements threaten current encryption methods, risking proprietary technology.
What makes Valkyrie Trading unique
- Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
- The company uses advanced algorithms and high-frequency trading for precise market execution.
- Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.
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Benefits
Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount