Quantitative Trader
Belvedere Trading
Quantitative Trader
Belvedere Trading
Makes markets in options using its own capital
Salary Range: 140000 to 140000 (Currency: USD) (Pay period: per-year-salary)
At Belvedere Trading, Quantitative Traders are some of the industry’s most quantitative problem solvers. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Quantitative Traders are at the forefront of technology immersion as they learn best practices in software development. Quantitative Traders also implement the most sophisticated trading strategies and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.
Daily trading activities – Assist with order execution, trade checking and trade reconciliations
Desk strategy – Participate in strategy meetings and collaborate with your team on their position management
Development projects – Lead and participate in specific quantitative development projects that enhance trader facing technologies
Research –Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
Data Analysis – Perform analyses on large data sets and pull insights to support our trading strategies
Training –Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games to quickly learn the aspects of option pricing and financial engineering, both on a theoretical level and in application with Belvedere’s various strategies
Collaborate– Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment
Communication –We need people who can speak confidently and concisely, especially when the stakes are high
Analytical – We’re looking for quantitative thinkers and master problem-solvers with strong data analysis skills
Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments
Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python
AI Fluency – Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgement
Knowledge of the financial markets and trading industry is a plus, but not a prerequisite
Ability to live in or relocate to Chicago
Graduation date of December 2026-Spring 2027
Makes markets in options using its own capital
Belvedere Trading is a proprietary trading firm that uses its own capital to make markets in options and other exchange-traded derivatives. Its traders post prices at which they are willing to buy or sell, providing liquidity to other market participants while managing the positions those transactions create. Quantitative researchers, traders, and engineers develop pricing models, execution tools, and risk systems that support decisions and trading across electronic exchanges. The firm earns money from its trading activities and arrangements with backed trading groups, using internal technology as part of that business. Belvedere Trading was founded in 2002 and is headquartered in Chicago, Illinois.
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