Full-Time

Equities Quantitative Trader

Posted on 4/3/2024

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary trading firm specializing in options

Quantitative Finance
Financial Services

Compensation Overview

$175k - $225kAnnually

Junior, Mid

No H1B Sponsorship

New York, NY, USA

Hybrid position based in New York.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 2+ years of trading experience in US Equities
  • Series SIE + 57 Required
  • Strong quantitative skills, including high mathematical aptitude, experience with excel, data analytics
  • Entrepreneurial attitude, creative problem-solving skills, and ability to implement iterative improvements to trading systems
  • Ability to communicate clearly and efficiently in a professional and collaborative setting
Responsibilities
  • manage existing systematic strategies in the US Cash Equities market
  • research, design and manage new strategies
  • build both Latency and Non-Latency sensitive strategies
  • work closely with the Senior trader and other team members
  • have a direct impact on trading and PNL generation

Belvedere Trading is a proprietary trading firm that focuses on options trading in the financial markets. The firm uses its own technology and risk management strategies to identify and take advantage of market inefficiencies quickly. By continuously improving and optimizing its trading models and software systems, Belvedere aims to maintain a competitive edge in the industry. Unlike many of its competitors, Belvedere emphasizes a strong company culture that fosters entrepreneurship and empowerment among its team members, which helps to keep turnover low and encourages referrals. The firm's goal is to achieve ongoing growth and success by leveraging advanced technology and the skills of its talented workforce to navigate the changing landscape of financial markets.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven trading algorithms enhance Belvedere's efficiency in exploiting market inefficiencies.
  • Quantum computing offers new opportunities for Belvedere's financial modeling and risk management.
  • Cloud-based trading platforms align with Belvedere's focus on cutting-edge technology.

What critics are saying

  • Increased competition from emerging financial data companies like Databento.
  • Investments in volatile sectors like cryptocurrency may expose Belvedere to market fluctuations.
  • Involvement in niche markets could lead to geopolitical risks and market instability.

What makes Belvedere Trading unique

  • Belvedere Trading leverages proprietary technology to capitalize on market inefficiencies.
  • The firm specializes in options trading with a focus on equity index and commodity derivatives.
  • Belvedere's strong company culture and team development contribute to low turnover and high referrals.

Help us improve and share your feedback! Did you find this helpful?

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

INACTIVE