Full-Time
Trading Analyst
Posted on 10/31/2025
Wintermute
51-200 employees
Digital-asset market maker and liquidity provider
No salary listed
London, UK
Hybrid
Hybrid role with more office presence; UK work permits and relocation support provided.
 Quantitative Finance (3) |
|---|
| , , |
- Good Python skills - you have experience coding in Python, be that through work, study or personal project experience - we will test!
- Though we are seeking talented graduates, we are still open to experienced individuals coming from analytical roles or software development.
- Good quantitative and analytical skills.
- Trading knowledge isn’t required for this role but a strong willingness and curiosity to learn algorithmic, high-frequency, quantitative and market making trading is crucial.
- Provide support to traders during ad-hoc market events.
- Support in troubleshooting and debugging live trading systems, detecting and addressing any system errors.
- Developing and generating new reports, analysis and GUI tools which can be used by traders to improve strategies.
- Design and maintain data visualizations that deliver insights and actionable market information for traders.
- Architect and manage service deployments to ensure the trading environment operates reliably and within defined performance thresholds.
- Conduct trade reconciliation, ensuring the accuracy of trade economics and settlement agreements.
- An understanding of DeFi and Blockchain would be a valuable bonus in this role.
Wintermute is a global algorithmic trading firm that acts as a major liquidity provider and market maker for digital assets on both centralized and decentralized exchanges. It uses high-frequency trading strategies and advanced trading algorithms to offer competitive bid-ask spreads, earning revenue from price differences. A key product is Wintermute NODE, an OTC trading interface that lets institutional clients execute large trades directly and efficiently. Beyond core market-making, the firm is expanding to bridge TradFi and crypto by embedding digital asset spot and derivatives liquidity into traditional financial ecosystems. This combination of scalable trading platforms, institutional-focused OTC access, and cross-market integration aims to maintain market stability, improve liquidity, and support traditional institutions entering the crypto space.
Company Size
51-200
Company Stage
Series B
Total Funding
$24.8M
Headquarters
London, United Kingdom
Founded
2017
Simplify's Take
What believers are saying
- Tokenized gold market surges 80% to $5B, projected at $15B by 2026 end.
- Wintermute invested $30M in Astriax for AI-led on-chain trading advancements.
- Strategic November 13, 2025, partnership develops next-gen quantitative trading system.
What critics are saying
- Jump Trading overtakes market share with 20% faster AI algorithms in 12 months.
- SEC rules force counterparty disclosures, causing 15-20% client outflows in 6 months.
- Hyperliquid captures 40% derivatives share, cannibalizing CFD volumes in 12 months.
What makes Wintermute unique
- Wintermute launched OTC WTI crude oil CFDs on March 24, 2026, for 24/7 trading.
- Wintermute debuted tokenized gold trading for PAXG and XAUT in May 2026.
- Wintermute employs delta-neutral strategies to provide liquidity across memes and TradFi.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Performance Bonus
Company Social Events
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 0%2 year growth
↑ 2%Asterix, an AI-led trading entity, has obtained a notable investment from Wintermute, a renowned crypto liquidity provider. Specifically, Wintermute has
Unblockpay, a Brazilian fintech specialising in global payments via stablecoins, has raised $4.5 million (R$23.6 million) in a seed round led by London-based Prelude, valuing the company at $20 million (R$105 million). Plug Pay, Wintermute, Crescera and Triaxis also participated. Founded by former Stone partners, the company has processed over R$100 million and serves 40 clients, including Mercado Bitcoin. It currently has ten employees and operates across 34 European countries plus the US, UK, Mexico, Argentina and Colombia. Part of the funding will support regulatory compliance as Brazil's Central Bank implements new rules for virtual asset service providers. The company also plans to expand its team and connect to the Swift network. Unblockpay expects to process R$1 billion monthly by year-end.
Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps. Leading crypto market maker Wintermute debuts WTI crude oil CFDs - an OTC derivative that lets traders speculate on oil prices 24/7. Updated Mar 24, 2026, 11:17 p.m. Published Mar 24, 2026, 11:13 p.m. * Leading crypto market maker Wintermute debuts WTI crude oil CFDs - an OTC derivative that lets traders speculate on oil prices 24/7. * Flexible execution and margin options allow traders to use fiat or crypto collateral via chat, electronic OTC platform, or API. * CFDs offer bespoke flexibility as opposed to the one size fits all approach of exchange-listed perpetual futures. The Iran war has set oil on fire and crypto exchanges are racing to offer 24/7 trading to fill tradfi gaps, with most copying decentralized giant Hyperliquid's perpetual-futures play. Crypto market-making giant Wintermute is taking a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading in WTI crude oil contracts for difference (CFDs). CFD is type of derivative that allows traders to speculate on the price movement of an asset without owning it. Similar to futures, CFDs track the asset's price, but the key difference is that only the difference between the opening and closing prices is exchanged between the trader and the broker when the contract is closed. CFDs are widely popular in traditional markets, particularly in Europe, Asia and Australia, where retail and institutional traders use them to access a broad range of assets from stocks, forex and commodities like oil and gold. These are typically traded over-the-counter and can be tailored in terms of size, duration and margin requirements. This bespoke flexibility allows professional traders and institutions to design strategies that match specific risk-return objectives, rather than conforming to one-size-fits-all derivatives such as Hyperliquid's oil perpetual futures. Wintermute's CFD launch comes amid weeks of intense geopolitical volatility in the Middle East. Escalating tensions between Iran and the U.S.-Israel coalition have left traders in a bind over weekends when traditional finance markets are closed, limiting their ability to adjust positions or manage risk effectively. This led to outsized trading activity on Hyperliquid's energy market perpetuals and prompted WIntermute to offer CFDs. "We are seeing strong demand from counterparties looking to use digital asset infrastructure to trade traditional products like oil. The recent price action made that need much more immediate, as many investors were unable to act until traditional venues reopened," said Evgeny Gaevoy, CEO of Wintermute. "A Wintermute counterparty could have traded the weekend move before the Monday gap or responded immediately to the reversal," Gaevoy added. Note that Wintermute is a counterparty in the CFD. Traders aren't matched with each other; they are trading directly against Wintermute, which is taking on the market risk. The firm is, therefore, leveraging its risk management systems and deep liquidity to monetize demand for 24/7 crude than simply supplying liquidity to perpetual futures. Traders can access WTI CFDs with zero trading fees, using a variety of fiat and crypto assets as margin, the official announcement said. Contracts can be executed via chat, Wintermute's electronic OTC platform, or API. The rollout builds on the recent introduction of tokenized gold, further broadening Wintermute Asia's suite of offerings beyond purely digital assets. More For You 2 hours ago The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers. What to know: * Cipher Digital (CIFR) rose 9% in pre-market trading after the former crypto mining company said it signed a 15-year lease with a hyperscale tenant to develop its third high-performance computing data center campus. * The company also secured a revolving credit facility of up to $200 million, with an additional $50...
Crossover Markets has raised $31 million in a Series B round led by Tradeweb Markets, valuing the institutional digital asset trading firm at $200 million. DRW Venture Capital, Illuminate Financial, Ripple, Virtu Financial, Wintermute Ventures and XTX Markets also participated. The company operates CROSSx, one of the industry's first execution-only cryptocurrency electronic communication networks. Since launch, CROSSx has matched over $50 billion in notional trading volume across 12 million trades and supports nearly 100 live participants. Tradeweb plans to provide its global clients access to Crossover's institutional spot crypto liquidity through its algorithmic order-routing technology. The funding will enhance CROSSx's technology stack, expand global operations and deepen integrations with institutional partners. Crossover Markets is headquartered in Wilmington, Delaware.
Based, a web3 "SuperApp" built on Hyperliquid, has raised $11.5 million in a Series A round led by Pantera. The funding was structured as an equity investment with token warrants, according to co-founder and CEO Edison Lim.