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Belvedere Trading

Makes markets in options using its own capital

Floor Trader

Prop & Hedge Fund TradingConfirmed live in the last 24 hours
Full-time$150k - $200k /yrIn-person

About the Job

Requirements

  • At least 2 years of experience in options market-making at a proprietary trading firm or comparable trading environment.
  • Prior floor trading experience on Cboe, AMEX, MIAX, or a comparable physical exchange.
  • Strong understanding of options pricing, volatility, market microstructure, and liquidity provision.
  • Ability to apply quantitative skills and logical reasoning to solve complex problems.
  • Ability to make high-quality decisions under pressure and manage risk in fast-moving markets.
  • Ability to attend reliably during business hours and be on-site prior to the start of business on occasion.
  • Ability to remain at a desk and concentrate for long periods of time.

Responsibilities

  • Provide consistent liquidity in assigned options products while supporting efficient, orderly markets.
  • Execute floor-based, voice-assisted, or hybrid options trades with precision and commercial judgment.
  • Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection.
  • Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond to changing conditions.
  • Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance.
  • Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management.
  • Communicate with brokers, counterparties, and internal stakeholders to support coordination on the trading floor.
  • Operate with accountability and risk discipline, aligned with firm performance goals.

Desired Qualifications

  • Experience on the MIAX Sapphire floor or a comparable options trading floor, particularly in environments that support large, complex orders and combine proprietary technology with open outcry price discovery.

About the Company

Belvedere Trading

Makes markets in options using its own capital

Belvedere Trading is a proprietary trading firm that uses its own capital to make markets in options and other exchange-traded derivatives. Its traders post prices at which they are willing to buy or sell, providing liquidity to other market participants while managing the positions those transactions create. Quantitative researchers, traders, and engineers develop pricing models, execution tools, and risk systems that support decisions and trading across electronic exchanges. The firm earns money from its trading activities and arrangements with backed trading groups, using internal technology as part of that business. Belvedere Trading was founded in 2002 and is headquartered in Chicago, Illinois.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2002

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