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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

Data & Analytics
Enterprise Software
Fintech
Quantitative Finance
Financial Services

Austin, TX, USA

Category
AI & Machine Learning
Software Engineering
Required Skills
Java
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 is a global market maker that provides liquidity in financial markets, allowing assets to be bought and sold easily without affecting their prices. They serve institutional clients like banks and hedge funds by offering competitive prices for various financial instruments, including stocks and derivatives. Using advanced technology and algorithms, Optiver engages in proprietary trading, capturing profits from the small differences between buying and selling prices. Their goal is to enhance market stability and efficiency, benefiting all market participants.

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's significant investment in new office space in Austin, Texas, indicates strong growth and expansion opportunities.
  • Partnerships with academic institutions like Imperial College London highlight Optiver's dedication to nurturing future talent and innovation in trading.
  • Collaborations with platforms like Kaggle for predictive challenges demonstrate Optiver's commitment to leveraging data science and machine learning for market advancements.

What critics are saying

  • The highly competitive nature of proprietary trading means that Optiver must continuously innovate to maintain its edge.
  • Regulatory changes in global financial markets could impact Optiver's operations and profitability.

What makes Optiver unique

  • Optiver's focus on proprietary trading and advanced algorithms allows it to provide liquidity and competitive pricing more efficiently than traditional market makers.
  • Their global presence across over 50 exchanges ensures a diversified and robust market-making operation, unlike smaller, regionally-focused competitors.
  • Optiver's commitment to continuous market improvement and stability sets it apart as a responsible and innovative player in the financial markets.

Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

INACTIVE