Full-Time

Head of Institutional Derivatives Sales

Updated on 9/4/2026

Chicago Trading Company

Chicago Trading Company

501-1,000 employees

Proprietary trading using quantitative strategies

Compensation Overview

$200k - $300k/yr

+ Discretionary Bonus

Chicago, IL, USA + 1 more

More locations: New York, NY, USA

Hybrid

Hybrid workplace model; on-site days subject to business needs.

Category
Sales & Account Management (1)

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Requirements
  • 10+ years of senior-level experience on sales desk or agency options desk with proven institutional client track record
  • Demonstrated success in business development and client acquisition within institutional options markets
  • Advanced proficiency with trading platforms/Order Management System/Electronic Messaging System and deep understanding of options market structure and execution protocols
  • Leadership experience developing and managing trading desk personnel
  • Strong existing relationships within the institutional options community
  • Works well under pressure in a fast-paced, high-volume agency environment
  • Ability to collaborate effectively across Trading, Risk, Compliance, and Operations
  • Active Financial Industry Regulatory Authority Series 7, 57 and 63 licenses required; Series 4 or 24 preferred
Responsibilities
  • Lead business development efforts to acquire and grow institutional client relationships, driving revenue growth through client acquisition
  • Oversee the management of complex, multi-leg, and high-volume listed equity and index options orders, ensuring best-in-class routing, execution, and reporting
  • Build out and manage the sales trading team
  • Advise clients on market conditions, execution strategies, and order types, leveraging deep market expertise to drive client satisfaction and trading volume
  • Direct trade operations, monitor open orders, and resolve discrepancies in coordination with middle office and clearing
  • Stay current on US options market structure and regulatory rules, partnering with Compliance to ensure all activity meets FINRA/SEC requirements
  • Manage client onboarding, trade reporting, and periodic business reviews to strengthen relationships
Chicago Trading Company

Chicago Trading Company

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CTC trades its own capital in stocks, options, and futures for institutional clients. A team of traders, quants, technologists, and operations staff uses algorithms and data analysis to identify trading opportunities and execute trades. Profits come from timely pricing, risk management, and efficient execution, financed by its own balance sheet. The firm differentiates itself with internal capital generation, a collaborative culture, and offices in Chicago, Boulder, London, and New York to access global markets, aiming for steady profits by refining quantitative methods.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1995

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Simplify Jobs

Simplify's Take

What believers are saying

  • CTC hired Citi's Ben Miller in September 2024 to grow EMEA ETF sales.
  • Open roles in 2026 span FPGA, AI, quant research, and execution engineering.
  • The firm expanded at 425 South Financial Place, showing continued headcount and capital investment.

What critics are saying

  • A 2023 data breach exposed Social Security numbers, passports, and licenses.
  • CTC still advertises privacy contacts, suggesting lingering remediation and compliance burden.
  • ETFs, systematic trading, and market making face brutal competition from Optiver and Jane Street.

What makes Chicago Trading Company unique

  • CTC specializes in options market making, not generic multi-manager trading.
  • It operates across Chicago, London, New York, and Amsterdam.
  • Pyth network integration in 2025 signals serious on-chain market-data infrastructure.

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Benefits

Health Insurance

Parental Leave

Wellness Program

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%
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