Internship

Quantitative Research Intern

Posted on 12/16/2024

Optiver

Optiver

1,001-5,000 employees

Global market maker providing liquidity services

No salary listed

H1B Sponsorship Available

Austin, TX, USA

Optiver-covered flights, living accommodations and commuting stipends (where applicable).

Category
Quantitative Research
Quantitative Finance
Required Skills
Data Science
Natural Language Processing (NLP)
Requirements
  • Currently pursuing a Bachelor’s or Master’s degree in Mathematics, Statistics, Computer Science, Physics or a related STEM field with outstanding academic performance
  • Expected graduation date between December 2025 and June 2026
  • Availability to commence full-time employment upon graduation in 2026
  • Must be available to intern during Summer 2025
  • Solid foundation in mathematics, probability, and statistics
  • Excellent research, analytical, and modeling skills
  • Independent research experience
  • Proficiency in any programming language
  • Knowledge of machine learning, time-series analysis, pattern recognition, and NLP is a plus
  • Strong interest in working in a fast-paced, collaborative environment
  • Fluent in English with strong written and verbal communication skills
Responsibilities
  • Using statistical models and machine learning to develop trading algorithms.
  • Leveraging big data technologies to analyze high-frequency trading strategies, market microstructure, and financial instruments to identify trading opportunities.
  • Building stochastic models to determine the fair value of financial derivatives.
  • Combining quantitative analysis and high-performance implementation to ensure the efficiency and accuracy of pricing engines and libraries.

Optiver is a market maker that provides liquidity in financial markets, allowing assets to be bought and sold easily without affecting their prices. The company trades various financial instruments, such as stocks and derivatives, across over 50 exchanges worldwide, primarily serving institutional clients like banks and hedge funds. Using proprietary trading strategies and advanced algorithms, Optiver captures profits from the small differences between buying and selling prices. Their goal is to enhance market stability and efficiency while delivering competitive pricing to their clients.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's expansion into Japan's derivatives market diversifies revenue and reduces market dependency.
  • Investment in Brazilian Exchange A5X opens growth avenues in Latin American markets.
  • Appointment of Lance Braunstein as CTO may enhance Optiver's trading technology.

What critics are saying

  • Increased competition in Japan may lead to tighter profit margins for Optiver.
  • Integration challenges with new CTO could impact technology strategy and operations.
  • Expansion in Austin, Texas, poses financial risks if growth expectations aren't met.

What makes Optiver unique

  • Optiver is a leading global market maker providing essential liquidity and market stability.
  • The company uses advanced technology and algorithms for efficient proprietary trading.
  • Optiver partners with exchanges and investment firms to improve financial market transparency.

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Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
eFinancialCareers
Feb 26th, 2025
Why did the top technologist in financial services join Optiver?

Optiver itself has hired a few cloud people in recent years, including Karun Kallakuri, a high-performance computing specialist formerly of hedge fund Citadel.

The Trade News
Feb 26th, 2025
Barclays EMEA equities market structure head joins Aquis in newly created role

BlackRock Aladdin engineering head joins Optiver as global chief technology officer.

Optiver
Feb 25th, 2025
Optiver appoints Lance Braunstein as Global Chief Technology Officer

Optiver is pleased to announce the appointment of Lance Braunstein as Global Chief Technology Officer, effective 1 May 2025.

The Rio Times
Jan 9th, 2025
New Brazilian Exchange A5X Gains Major International Shareholders

A5X, Brazil's new derivatives and futures exchange, has secured five international shareholders. IMC Trading, Jump

The Japan Times
Dec 10th, 2024
Options giant Optiver bets Japan's market is about to boom

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has, so far, been virtually nonexistent.

INACTIVE