Full-Time

Experienced Commodities Options Trader

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary options trading using advanced tech

Compensation Overview

$150k - $200k/yr

Chicago, IL, USA

In Person

Occasional on-site before the start of business may be required.

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Python
R
SQL
Risk Management
Data Analysis
Requirements
  • 3–7+ years of experience trading commodity options (energy, metals, agriculture, or related markets)
  • Demonstrated success generating profit and loss, managing complex risk profiles, and navigating fast-moving markets
  • Deep understanding of options pricing, volatility dynamics, and commodity market structure, including fundamental drivers
  • Proficiency with analytical and programming tools such as Python, R, or SQL, with the ability to work with large datasets and improve modeling or decision-support systems
  • Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions
  • Excellent communication skills and a team-oriented mindset
  • Bachelor’s degree or higher in Finance, Engineering, Physics, Mathematics, Economics, Computer Science, or a related technical field
Responsibilities
  • Lead market-making and execution across commodity options products, guiding pricing, risk parameters, and strategic direction
  • Own and refine trading strategies from ideation through execution, generating insights in high-volume and high-volatility markets
  • Identify trends and mispricings by leveraging data, market structure knowledge, and an understanding of supply–demand dynamics across commodities
  • Collaborate with technologists and quants to enhance analytics, improve models, and systematize trading workflows that scale
  • Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity
  • Manage risk with discipline, monitoring exposures in real time and ensuring adherence to Belvedere’s risk philosophy
  • Work cross-functionally with research, technology, and trading teams to drive innovation and support the continued evolution of our commodities options trading groups

Belvedere Trading is a proprietary trading firm in Chicago that focuses on options trading. It uses its own technology and risk management capabilities to quickly capitalize on market inefficiencies, continuously re-engineering and maintaining its trading models and software to stay ahead. The company supports a team of over 200 people and emphasizes a distinct culture, entrepreneurship, and employee development, which contributes to low turnover and strong referrals. Its competitive edge comes from combining advanced technology, disciplined risk controls, and ongoing model optimization to operate efficiently in fast-moving financial markets. The firm aims to grow through expanding its talent, technology, and market reach while tackling evolving opportunities and challenges in the markets.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Offices in Chicago, Boulder, New York, and Singapore enable global expansion.
  • Ranked #12 Best Midsize Places to Work in U.S. 2023 boosts talent retention.
  • Agile methodology deploys software updates in weeks using multiple languages.

What critics are saying

  • SEC and CFTC rules target high-frequency trading ratios since 2024.
  • Citadel and Jane Street poach senior quants with 2025 departures.
  • Leveraged positions trigger margin calls in commodity derivatives flash crashes.

What makes Belvedere Trading unique

  • Proprietary technology exploits equity index and commodity derivatives inefficiencies.
  • Belvedere Trading University delivers advanced C#/C++/Python trading courses.
  • Full immersion trainee program rotates across equity and commodities desks.

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Your Connections

People at Belvedere Trading who can refer or advise you

Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Company News

ETF Daily News
Jun 9th, 2025
Parallel Advisors LLC Has $53,000 Position in Granite Ridge Resources, Inc. (NYSE:GRNT)

Belvedere Trading LLC acquired a new stake in shares of Granite Ridge Resources in the fourth quarter valued at about $75,000.

Castle Placement
Nov 6th, 2024
Top 10 CloudTech & DevOps Capital Raises in the U.S. - October 16th-31st, 2024

Databento, developer of a colocation platform designed to provide simpler and faster historical data to receive market data, raised $10 million of Series A1 venture funding from Clear Street, Lightscape Partners and Belvedere Trading.

Global Fintech Series
Oct 30th, 2024
Databento Closes $10 Million in Additional Funding to Drive Global Expansion

Databento, one of the fastest-growing companies in the financial data industry, today announced the successful close of $10 million in additional funding, increasing its total Series A round to $30 million. This caps off an extraordinary year that saw a 985% surge in revenue and over 7,000 new customers.

MarketBeat
Feb 5th, 2024
GABELLI & Co INVESTMENT ADVISERS INC. Takes $594,000 Position in Sequans Communications S.A. (NYSE:SQNS)

Belvedere Trading LLC purchased a new stake in Sequans Communications in the 2nd quarter worth about $51,000.

ETF Daily News
Jan 18th, 2024
Independence Contract Drilling (NYSE:ICD) Stock Passes Below 200-Day Moving Average of $2.71

Belvedere Trading LLC purchased a new stake in Independence Contract Drilling in the fourth quarter valued at $38,000.