Full-Time

FPGA Engineer

Updated on 9/4/2026

Simplex Trading

Simplex Trading

Proprietary trading firm leveraging advanced tech

Compensation Overview

$125k - $200k/yr

+ Annual discretionary bonus

Chicago, IL, USA

In Person

Category
Hardware Engineering (1)
Required Skills
Verilog
Python
FPGA

Get referred to Simplex Trading

See people who can refer or advise you

Requirements
  • Experience with Verilog and SystemVerilog.
  • Experience working on timing closure of designs and with static timing analysis.
  • Experience developing and verifying FPGA designs.
  • Experience developing low-latency applications.
Responsibilities
  • Design FPGA logic to support various trading objectives.
  • Analyze results daily and identify methods to speed up designs.
  • Own the entire development life cycle of projects, including development, simulation, image testing, and deployment.
  • Perform substantial programming and work on new projects regularly.
Desired Qualifications
  • Experience with Python.
  • Experience with application-specific integrated circuit designs.
  • Experience in equity options or financial markets.

Simplex Trading is a technology-driven proprietary trading firm that builds its own software and trading systems to identify and capitalize on financial opportunities. It develops and optimizes trading strategies for various markets using algorithms and automation. The company differentiates itself by maintaining an in-house team of technologists and data-driven traders, building a scalable tech stack rather than relying on third-party platforms. Its goal is to generate growth and opportunity in technology-enabled markets through disciplined execution and continuous improvement of its trading software and methods.

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A

Get referred to Simplex Trading

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Built In named Simplex Trading a Best Place to Work for 2026.
  • Management is actively hiring senior operators, signaling expansion rather than retrenchment.
  • Simplex continued adding businesses in 2026, including foreign-currency MMF and next-trading-platform projects.

What critics are saying

  • Options-market compression and a shrinking edge can erode Simplex Trading’s spreads within months.
  • Stricter U.S. exchange and SEC oversight raises compliance costs and trading restrictions after October 2025.
  • A single major risk-control failure or clearing loss could cripple a proprietary market maker immediately.

What makes Simplex Trading unique

  • Simplex Trading built a proprietary market-making franchise in equity options and future options.
  • Dennis Kerlin joined as Chief Compliance Officer in October 2025, strengthening regulatory discipline.
  • Ben Londergan joined in June 2024 to expand JBO, products, and geographies.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Parental Leave

Tuition Reimbursement

Employee Discounts

Charity Match

Meal Benefits

Company Social Events

Company News

ETFDailyNews.com
Sep 24th, 2025
VanEck High Yield Muni ETF $HYD Shares Sold by CX Institutional

Finally, Simplex Trading LLC purchased a new stake in VanEck High Yield Muni ETF in the 1st quarter valued at approximately $40,000.

Finance Magnates
Jun 10th, 2024
Prop Firm Simplex Trading Welcomes Seasoned Veteran as New Managing Director

A financial and trading industry veteran with over 25 years of experience, Benjamin Londergan, joined Simplex Trading in June as the Managing Director of Strategic Business Development.

Business Wire
Feb 7th, 2024
Spline Data Announces Successful Release Of Real-Time Predictive Municipal Bond Pricing Product

CHICAGO--(BUSINESS WIRE)--Spline Data, a quantitative U.S. municipal bond data provider, today announced the successful release of its second municipal bond data product that provides real-time bid/ask pricing estimates to its growing list of customers. Spline’s new pricing data feed aims to utilize every trade in the municipal market—similar to its yield curves launched in 2023—and in contrast to traditional data feeds skewed toward institutional round lots. Updating every five minutes, Spline’s pricing feed offers a plug-and-play solution for building automation into municipal trading strategies. “As in many other markets, most of the software needed to trade municipal bonds in an automated fashion is available off the shelf, but a critical missing piece has, until now, eluded most desks: algo-quality pricing,” said Matthew Smith, founder and CEO of Spline Data. “In the past year, we’ve seen firsthand how quickly Spline customers’ businesses evolve utilizing our curves alone

MarketBeat
Feb 3rd, 2024
Veradigm (NASDAQ:MDRX) Research Coverage Started at StockNews.com

Simplex Trading LLC purchased a new stake in Veradigm in the 2nd quarter worth approximately $38,000.

Manchester Times
Jan 13th, 2024
Built In Honors Simplex Trading in Its Esteemed 2024 Best Places to Work Awards

Simplex Trading, a leading technology-driven, proprietary trading firm and one of the country's top market makers in equity options, today announced that it has been honored in Built In's 2024 Best Places To Work Awards.