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Old Mission

Makes markets in hard-to-price ETFs and options

Floor Trader New Grad

Quantitative Trading / Algorithm DevelopmentConfirmed live in the last 24 hours
Full-timeChicago, IL, USAIn-person

About the Job

Requirements

  • A bachelor's degree is required.
  • Ability to make quick decisions under stressful situations with incomplete information.
  • Good risk management skills are required.

Responsibilities

  • Verbally execute trades and build out the firm's floor footprint.
  • Communicate effectively with upstairs traders and other floor traders.
  • Create and maintain relationships with floor brokers.

About the Company

Old Mission

Makes markets in hard-to-price ETFs and options

Old Mission trades its own money as a market maker, which means it stands ready to buy and sell exchange-traded funds, options, bonds, and currencies so investors can trade when they need to. It made its name on exchange-traded funds that rarely trade and are hard to price, which other market makers often would not quote. Its researchers turn past market data into pricing models, engineers build the automated systems that send quotes to exchanges worldwide, and traders manage the resulting risk. The firm earns the gap between its buying and selling prices, and asset managers and fund issuers can also trade with it directly. Old Mission was founded in 2008 and is based in Chicago, with offices in New York and London.

Company size
201-500
Company stage
Private
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2008

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