M

MA Capital

Quantitative Trader

Quantitative Trading / Algorithm DevelopmentConfirmed live in the last 24 hours
Full-timeNew York, NY, USANo salary listedIn-person

About the Job

Requirements

  • At least 3 years of professional options trading experience, including meaningful experience in index options market making.
  • Direct experience trading SPX, VIX, ES options, or closely related index and volatility products.
  • Experience operating an automated or semi-automated options market-making system.
  • Strong understanding of options pricing, implied volatility, volatility surfaces, skew, term structure, and Greeks.
  • Practical experience managing delta, gamma, vega, inventory, event risk, and hedging.
  • Strong understanding of quoting, spread capture, adverse selection, execution, and hedging costs.
  • Ability to analyze live trading profit and loss and make effective decisions using data and real-time market information.
  • Ability to work effectively with quantitative researchers and engineers to improve trading systems and performance.

Responsibilities

  • Manage the day-to-day operation of the index options market-making system, including positions, profit and loss, inventory, Greeks, margin, and market exposure.
  • Make real-time decisions around quoting, sizing, skew, edge, inventory, and hedging while managing delta, gamma, vega, term structure, and event risk.
  • Analyze fills, markouts, spread capture, adverse selection, hedge costs, and profit-and-loss attribution to identify opportunities to improve trading performance.
  • Partner with quantitative researchers to evaluate pricing models, signals, and strategy changes before deployment.
  • Work closely with engineers to improve pricing, quoting, execution, monitoring, and automated risk controls.
  • Develop and improve hedging strategies and identify opportunities to expand and enhance the market-making platform.

Desired Qualifications

  • Experience at a leading proprietary trading firm, hedge fund, or market-making firm.
  • Experience with 0DTE or short-dated index options, volatility surface and skew trading, or index volatility strategies.
  • Experience with inventory-based quoting, electronic execution, and options market microstructure.
  • Experience with futures and options hedging, automated trading controls, and risk management systems.

About the Company

Company size
Not listed
Company stage
Not listed
Total funding
Not listed
Headquarters
Not listed
Founded
Not listed

Recently Posted Jobs

Explore more opportunities at MA Capital

See more jobs