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Old Mission

Makes markets in hard-to-price ETFs and options

Quantitative Researcher

Quantitative ResearchConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • An advanced degree in a quantitative field such as computer science, an engineering discipline, mathematics, statistics, or physics is required.
  • A deep technical understanding of advanced statistical techniques is required.
  • At least 3 years of relevant equity trading experience is required.
  • Expertise building statistical models for equity forecasts, with a proven track record of deploying such models to production equity trading systems, is required.
  • Proficiency in at least one of C++, Python, R, Matlab, Ruby, or Java is required.
  • Experience leading a team of researchers in industry or academia is required.

Responsibilities

  • Conduct research and analyze large data sets to develop and implement alpha signals while contributing to portfolio construction.
  • Collaborate with others to analyze performance, optimize existing strategies, and create new strategies.
  • Develop pricing models.
  • Assess risk.

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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