Internship

Software Engineer Intern

Summer 2024, Austin

Posted on 7/19/2023

Optiver

Optiver

1,001-5,000 employees

Global market maker providing liquidity services

No salary listed

Austin, TX, USA

Category
AI & Machine Learning
Software Engineering
Required Skills
Java
Connection
Connection
Connection
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Requirements
  • Student working toward a degree in Computer Science or Computer Engineering and graduating between December 2024 and June 2025
  • Someone with strong engineering instincts and a deep understanding of computer science fundamentals
  • Experienced in writing software in C++, C#, C, and/or Java
  • Passionate for clean code, simple well-architected systems, and continuous improvement
  • Able to collaborate with developers, traders, and business operations
Responsibilities
  • Get ready for ten weeks of immersion in the fast-paced, dynamic world of market making
  • As a Software Engineer Intern, you'll own projects that directly impact Optiver's world-class trading systems. You'll get tight feedback loops and ship your code to production within weeks alongside our senior Engineers and Traders. You'll work side-by-side with an assigned mentor to build latency-critical applications, distributed systems, and trading tools. From day one you'll tackle real issues that will test your critical thinking and problem solving acumen. Each day will bring new challenges requiring your fresh perspective. It's an unrivalled opportunity to accelerate your knowledge and make your mark on Optiver's business
  • You will also have the chance to join industry lectures to learn about trading and our other departments to gain a complete understanding of Optiver and our business. Don't worry, you won't be expected to have previous knowledge of the financial industry! You'll take part in a training program where, through a combination of theoretical knowledge and hands-on practical experience, you'll learn everything you need to know
  • Examples of potential projects that you could be working on:

Optiver operates as a market maker, enhancing the efficiency and fairness of financial markets by providing liquidity, which is the ease of buying or selling assets without impacting their prices. The company trades a variety of financial instruments, including stocks, bonds, and derivatives, across more than 50 exchanges globally, serving primarily institutional clients like banks and hedge funds. Optiver's business model revolves around proprietary trading, where they use their own capital to trade and profit from the small price differences between buying and selling, known as the spread. They leverage advanced technology and algorithms to analyze market data and execute trades swiftly, ensuring competitive pricing and market stability. The goal of Optiver is to maintain a healthy financial market by ensuring there are always buyers and sellers available, benefiting all participants from professional traders to everyday investors.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's expansion into Japan's derivatives market diversifies revenue and reduces market dependency.
  • Investment in Brazilian Exchange A5X opens growth avenues in Latin American markets.
  • Appointment of Lance Braunstein as CTO may enhance Optiver's trading technology.

What critics are saying

  • Increased competition in Japan may lead to tighter profit margins for Optiver.
  • Integration challenges with new CTO could impact technology strategy and operations.
  • Expansion in Austin, Texas, poses financial risks if growth expectations aren't met.

What makes Optiver unique

  • Optiver is a leading global market maker providing essential liquidity and market stability.
  • The company uses advanced technology and algorithms for efficient proprietary trading.
  • Optiver partners with exchanges and investment firms to improve financial market transparency.

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Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 1%
eFinancialCareers
Feb 26th, 2025
Why did the top technologist in financial services join Optiver?

Optiver itself has hired a few cloud people in recent years, including Karun Kallakuri, a high-performance computing specialist formerly of hedge fund Citadel.

The Trade News
Feb 26th, 2025
Barclays EMEA equities market structure head joins Aquis in newly created role

BlackRock Aladdin engineering head joins Optiver as global chief technology officer.

Optiver
Feb 25th, 2025
Optiver appoints Lance Braunstein as Global Chief Technology Officer

Optiver is pleased to announce the appointment of Lance Braunstein as Global Chief Technology Officer, effective 1 May 2025.

The Rio Times
Jan 9th, 2025
New Brazilian Exchange A5X Gains Major International Shareholders

A5X, Brazil's new derivatives and futures exchange, has secured five international shareholders. IMC Trading, Jump

The Japan Times
Dec 10th, 2024
Options giant Optiver bets Japan's market is about to boom

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has, so far, been virtually nonexistent.

INACTIVE