Electronic Options Trader
About the job
- At least 2 years of experience managing risk on an electronic market-making desk.
- Strong communication skills and a desire to work in a team environment.
- Ability to perform trade analysis and identify solutions.
- Self-motivation and adaptability.
- Commitment to learning and innovation.
- Excellent analytical skills.
- Ability to work in the Chicago Loop office five days a week.
- Manage risk and execution across multiple products.
- Manage parameters that affect option pricing.
- Conduct product-specific research to identify idiosyncratic risks.
- Identify macro catalysts within assigned names.
- Identify and investigate trades using analysis tools and logs.
- Collaborate with desk engineers and traders to improve current strategies and applications.
About the company
Wolverine Trading is a Chicago-based financial firm with three main activities: proprietary trading (market making and valuation arbitrage), asset management, and execution services for large institutional trades. In proprietary trading, it provides liquidity and seeks price differences across global markets using market making and arbitrage strategies. Wolverine Asset Management runs investment funds for clients to grow assets through diverse strategies, while Wolverine Execution Services handles efficient, best-price execution of client orders. It earns revenue from trading profits, management fees, and execution commissions, differentiating itself through its combination of market expertise and technology to serve institutional investors and hedge funds with integrated solutions; its goal is steady, reliable liquidity and disciplined investment management.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1994
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Simplify's Take
What believers are saying
- Built In Chicago posted Data Scientist and trader roles on September 5, 2026.
- Wolverine Trading posted Chicago hiring for Electronic Options Trader on June 19, 2026.
- SE C filings show active broker-dealer operations, with the latest FOCUS report filed March 2, 2026.
What critics are saying
- Nasdaq quoting-rule changes on September 1, 2026 raise compliance complexity and monitoring costs.
- Built In Chicago listed fresh openings on September 5, 2026, signaling ongoing talent pressure.
- A bad volatility event can blow through models, trigger losses, and force exchange suspensions.
What makes Wolverine Trading unique
- Since 1994, Chicago-based Wolverine specialized in listed options market making.
- Wolverine quotes across 2,500 securities and derivatives, backed by 100 million daily messages.
- Trading, engineering, and risk sit together, supporting rapid model-to-production deployment.
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Benefits
- Highly competitive salary bonus
- Generous paid time off and flexible scheduling
- 100% coverage of medical, dental, vision, life, and disability benefits for single coverage
- Generous Paid Parental Leave
- Retirement Plans: 401K and Roth 401K
- Profit sharing plan
- Long and short-term disability