Full-Time
Quantitative Researcher
Updated on 1/9/2025
Valkyrie Trading
11-50 employees
Derivatives trading using advanced algorithms
Junior, Mid
Chicago, IL, USA
Position requires onsite presence in Chicago, IL.
- 2+ years of full-time, professional experience in data science, algorithm development, or statistical research
- Degree in mathematics, physics, engineering, computer science or equivalent
- Ability to write and maintain a repository of clean, organized, object-oriented Python code
- Willingness and ability to take full ownership (design, implement, backtest, maintain, iterate) of open-ended research and algorithm design projects
- Expertise working with MySQL or similar databases in conducting historical research and back-testing
- Capability to clearly communicate complex ideas and work on a collaborative team across departments (with traders, software developers)
- Entrepreneurial attitude with a keen attention to detail and a deep interest in the financial industry
- Vision to solve today’s problems while building future solutions
- apply their quantitative skill set to solve challenging problems in financial modeling and algorithm development
- work with traders and software developers in a highly collaborative environment to improve Valkyrie’s complex, ever-evolving algorithmic infrastructure
- building tools for traders
- exploring new trading ideas
- writing algorithms from scratch
- automating and refining existing strategies
- inform traders about the market developments, tools and models that drive Valkyrie’s trading activities
Valkyrie Trading focuses on trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, aiming to profit from small price differences in the market. Valkyrie Trading serves a variety of clients, including institutional investors and hedge funds, by providing sophisticated trading strategies and insights based on quantitative analysis. What sets Valkyrie Trading apart from its competitors is its collaborative culture, where traders, analysts, and engineers work together to continuously improve trading strategies. The company's goal is to leverage technology and data to stay competitive in the fast-paced derivatives market while fostering a creative and growth-oriented work environment.
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2011
Simplify's Take
What believers are saying
- Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
- DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
- Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.
What critics are saying
- Competition from fintech startups using AI could erode Valkyrie's market share.
- Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
- Quantum computing advancements threaten current encryption methods, risking proprietary technology.
What makes Valkyrie Trading unique
- Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
- The company uses advanced algorithms and high-frequency trading for precise market execution.
- Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.
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Benefits
Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount