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Full-Time

Quantitative Trader

Updated on 10/23/2024

Old Mission

Old Mission

201-500 employees

Global market maker for illiquid ETFs

Quantitative Finance
Financial Services

Junior

London, UK

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
R
Ruby
Java
MATLAB
C/C++
Requirements
  • An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences
  • Proficiency with at least one of the following languages: Python, C++, Java, VBA, R, Matlab, or Ruby
  • The ability to work and solve problems as part of a team, often in a high-pressure environment
  • 1+ years of relevant trading experience
  • Proven trustworthiness and performance under the highest ethical standards
  • A strong desire for knowledge and to understand how things work
  • Superior written and verbal communication skills
Responsibilities
  • disciplined decision making
  • risk management
  • derivative pricing
  • researching new opportunities

Old Mission operates as a market maker that focuses on providing liquidity for hard-to-price and illiquid exchange-traded funds (ETFs). The company facilitates the buying and selling of these financial products, helping large institutions manage and transfer risk effectively. Old Mission's approach involves a team of skilled traders and technologists who work collaboratively to ensure efficient transactions. What sets Old Mission apart from its competitors is its emphasis on the human element in trading, which fosters a high level of service and problem-solving capabilities. The company's goal is to align its operations with the long-term interests of its clients and employees, ensuring that they can navigate complex market conditions successfully.

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

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Simplify's Take

What believers are saying

  • Old Mission's significant investments in diverse assets like Li Auto and Bilibili indicate strong financial health and growth potential.
  • The company's ability to provide trillions of dollars in liquidity showcases its robust market presence and reliability.
  • Working at Old Mission offers exposure to complex and challenging market scenarios, enhancing professional growth and expertise.

What critics are saying

  • The focus on illiquid and hard-to-price ETFs could expose Old Mission to higher market volatility and risk.
  • The competitive landscape of market making requires continuous innovation to maintain an edge, posing a constant challenge.

What makes Old Mission unique

  • Old Mission specializes in the hardest-to-price and most illiquid ETFs, setting it apart from competitors who may focus on more liquid and easier-to-price assets.
  • The company's collaborative and humble culture emphasizes the human element, resulting in unmatched service and problem-solving capabilities.
  • Old Mission's long-term alignment with clients' and employees' interests fosters a stable and committed workforce, unlike firms driven by short-term gains.

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Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program