Eagle Seven

Global multi-asset trading across exchanges

Algorithmic Trader

Quantitative Trading / Algorithm DevelopmentConfirmed live in the last 24 hours

Full-timeChicago, IL, USANo salary listedIn-person

About the Job

Requirements

A bachelor's degree in statistics, mathematics, engineering, business/finance, or a related field is required.
Four to six years of experience trading financial products such as options or futures is required.
Strong analytical, quantitative, and mathematical skills are required.
Experience with Python is required.
Ability to work independently and manage multiple tasks in a complex, fast-paced environment is required.
Strong organizational skills and attention to detail are required.
Excellent written and verbal communication skills are required.
A strong work ethic and a team-focused approach to contributing to the trading desk are required.

Responsibilities

Operate grey- and black-box algorithmic trading strategies in accordance with the trading desk’s objectives.
Monitor trading activity and positions consistently throughout the shift.
Perform research and post-trade analysis using the firm’s research tools across algorithmic trading strategies to improve the profitability of existing models.
Apply expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha.
Work closely with strategy developers to propose and test strategy-specific code changes related to execution, pricing, and risk management.
Communicate with risk managers and internal technology groups regarding production issues.
Build and maintain quantitative modeling tools and analytics.
Work with the back office to resolve trade breaks and position and activity reconciliation exceptions.

Algorithmic Trader

Eagle Seven · Chicago, United States · Full-time · Posted 2023-06-07

Workplace: on_site

Department: Trading

Description

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all aspects of trading desk operations. The right candidate will have a passion for capital markets, work well in a collaborative team setting, and be a motivated self-starter.

Primary Responsibilities include:

Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives
Monitoring of trading activity and positions consistently throughout the shift
Performing research and post trade analysis using the firm’s research tools on a variety of algorithmic trading strategies to improve profitability of existing models
Applying expertise in market microstructure, historical tick data, and quantitative modeling to conduct research and develop new sources of alpha
Working closely with strategy developers to collaborate, propose, and test certain strategy specific code changes related to execution, pricing, and risk management
Communicating with risk managers and internal technology groups regarding production issues
Building and maintaining quantitative modeling tools and analytics
Working with back office to solve for trade breaks, position & activity reconciliation exceptions

Requirements

Skills and Experience:

Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field
4-6 years of experience trading financial products (e.g options, futures)
Strong analytical, quantitative, and math skills
Experience with Python required
Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment
Strong organizational skills and attention to detail
Excellent written and verbal communication skills
Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits

Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.

Medical PPO and HMO coverage through BlueCross BlueShield
Health Savings Account (with enrollment into a High Deductible Health Plan)
Dental coverage through Guardian
Vision coverage through VSP
401k Retirement Savings Plan with Employer Match
Company Paid Life Insurance
Company Paid Disability Insurance
Paid Time Off
Flexible Spending Account
Pre-tax Transit Benefits
Complimentary Lunch and Beverages

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Apply at Eagle Seven

About the Company

Eagle Seven

Global multi-asset trading across exchanges

Eagle Seven operates as a global trading firm that combines the latest technology with a team of professional traders and developers to pursue high results. It runs trading strategies across a diverse set of asset classes on major exchanges around the world, using a mix of software and human expertise. The company differentiates itself by integrating a global reach, multi-asset capability, and an emphasis on independent thinking, ethics, and teamwork, rewarding individual effort while celebrating team success. Its goal is to identify and act on market opportunities worldwide to generate strong returns.

Company size: 51-200
Company stage: Not listed
Total funding: $177M
Headquarters: Chicago, IL
Founded: 2004

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