Full-Time

Experienced Options Trader

Confirmed live in the last 24 hours

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary trading firm specializing in options

Quantitative Finance
Financial Services

Mid

No H1B Sponsorship

Chicago, IL, USA

Position requires onsite presence in Chicago, Illinois.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Data Structures & Algorithms
SQL
MATLAB
C/C++
Data Analysis
Requirements
  • 3+ years' experience in electronic options market-making with proven ability to implement successful strategies
  • Strong quantitative skills with proficiency in probability and statistics
  • An ability to apply quantitative skills and logical reasoning to solve complex problems
  • Experience in computer programming (Python, C/C++, MATLAB, SQL)
  • Proven ability to perform successfully in a fast-paced, collaborative environment
  • Excellent written and verbal communication skills
  • A desire to continuously learn and proactively improve processes
  • Bachelors or master’s level degree in computer science, statistics, applied mathematics, engineering, or other quantitative disciplines
  • SIE and Series 57 licenses are required
Responsibilities
  • Developing, maintaining, and enhancing trading models, algorithms, and systems
  • Optimize new market opportunities
  • Utilizing Belvedere’s proprietary software designed by our technology team to optimize trade selections and execution
  • Passionately collaborate with quants and software engineers to set up execution processes in various options markets
  • Apply a competitive data-driven approach to trading
  • Prioritize trading metrics and data analysis to identify market inefficiencies, streamline trading systems, and improve risk management techniques
  • Continuously contribute to the team’s strategies

Belvedere Trading is a proprietary trading firm that focuses on options trading in the financial markets. The firm uses its own technology and risk management strategies to identify and take advantage of market inefficiencies quickly. By continuously improving and maintaining its trading models and software systems, Belvedere aims to stay competitive in the industry. Unlike many of its competitors, Belvedere emphasizes a strong company culture that fosters entrepreneurship and empowerment among its team members, which helps maintain low employee turnover and high referral rates. The firm's goal is to achieve ongoing growth and success by leveraging advanced technology and the skills of its talented workforce to navigate the changing landscape of financial markets.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Exposure to a wide range of industries and asset classes can provide employees with diverse learning opportunities and career growth.
  • Belvedere Trading's active participation in high-growth sectors like digital assets and biotech can lead to significant financial returns and professional development.
  • The company's strategic investments and partnerships, such as with ML Tech, offer employees the chance to work on cutting-edge projects and technologies.

What critics are saying

  • The broad investment strategy may spread resources thin, potentially impacting the depth of expertise in any single sector.
  • High volatility in emerging markets like cryptocurrency can lead to significant financial risks and instability.

What makes Belvedere Trading unique

  • Belvedere Trading's diversified investment strategy spans multiple sectors, including healthcare, energy, and digital assets, unlike firms that focus on a single industry.
  • Their involvement in both traditional and emerging markets, such as cryptocurrency and biotech, provides a unique blend of stability and growth potential.
  • Belvedere Trading's strategic investments in niche markets like Direxion Daily South Korea Bull 3X Shares and Cytosorbents highlight their ability to identify and capitalize on unique opportunities.

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Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement