Full-Time

Junior FPGA Developer

Posted on 7/1/2026

Edgehog Trading

Edgehog Trading

11-50 employees

Proprietary trading firm for electronic options

Compensation Overview

$100k - $175k/yr

+ Discretionary Bonus

Chicago, IL, USA

In Person

On-site in Chicago, IL.

Category
Hardware Engineering (1)
Required Skills
Verilog
FPGA
Linux/Unix
Requirements
  • BS or MS in Electrical Engineering, Computer Engineering, or a related field
  • Hands-on experience with RTL design in Verilog or SystemVerilog
  • Familiarity with FPGA simulation tools (e.g., ModelSim, QuestaSim, Vivado, Quartus) and the synthesis-to-deployment flow
  • Understanding of digital logic fundamentals: state machines, FIFOs, clock domain crossing, timing constraints
  • Comfort working in a Linux environment
Responsibilities
  • Design, implement, and verify RTL logic in Verilog or SystemVerilog targeting ultra-low-latency trading applications
  • Develop simulation testbenches and functional verification environments to validate FPGA designs before hardware deployment
  • Work closely with senior FPGA engineers and the trading infrastructure team to understand latency requirements and translate them into hardware design decisions
  • Run synthesis, place-and-route, and static timing analysis; iterate on designs to meet strict timing constraints
  • Participate in hardware bring-up and on-board debugging, using waveform analysis and other diagnostic tools
  • Use AI tools to accelerate your development workflow — RTL review, testbench generation, debugging, and documentation
  • Grow your understanding of market data protocols (Ethernet, PCIe, exchange feed formats) as they relate to the systems you build
Desired Qualifications
  • Python, basic C or C++ is a plus
  • Ability and eagerness to incorporate AI tools into your development and debugging workflow
  • A strong desire to learn the HFT domain — no prior finance knowledge required
  • Strong analytical instincts: when something behaves unexpectedly in hardware, you dig until you find it

Edgehog Trading is a proprietary trading firm that focuses on electronic option market making strategies. It runs algorithmic trading to post bids and offers in options markets, aiming to profit from small price differences while managing risk through automation and data-driven decisions. The company achieves this with a team that combines traders, developers, and data scientists, all working to scale and automate profitable strategies across markets. The main differentiators are its in-house, data-centered approach and a problem-solving framework that helps it address complex challenges in efficient markets. The goal is to grow and fully automate its profitable strategies to a high level of precision and scale.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2018

Your Connections

People at Edgehog Trading who can refer or advise you

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Simplify's Take

What believers are saying

  • Retail options trading grew 40% YoY through 2025, expanding addressable market.
  • 16+ operational options exchanges create demand for sophisticated routing and execution.
  • Volatility derivatives automation opens adjacent revenue streams beyond core market-making.

What critics are saying

  • CEO Michael Jang and core quants represent existential single-point-of-failure risk.
  • SEC regulatory crackdown on rebates and PFOF compresses margins 30-50% within 18 months.
  • 100% revenue concentration in options; flash crash or regulatory halt eliminates all income.

What makes Edgehog Trading unique

  • Specialized options market microstructure expertise with automated execution algorithms.
  • Positioned to capitalize on SEC 2024-2025 transparency reforms and multi-venue fragmentation.
  • Lean 15-person team enables rapid strategy iteration in fast-moving options markets.

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Benefits

Performance Bonus