Full-Time

Quantitative ETF Trader

Updated on 8/21/2026

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Compensation Overview

$170k - $225k/yr

+ Discretionary annual bonus

New York, NY, USA

In Person

Bachelor's

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Series 7

Get referred to Old Mission

See people who can refer or advise you

Requirements
  • A bachelor's degree in Finance, Economics, Mathematics, or a related field is required.
  • At least 3 years of experience trading exchange-traded funds or similar financial instruments is required.
  • Strong understanding of exchange-traded fund structures, creation and redemption processes, and market mechanics is required.
  • Proficiency with trading platforms and analytical tools is required.
  • Strong analytical and decision-making abilities are required.
  • Ability to work under pressure in a fast-paced environment is required.
Responsibilities
  • Execute exchange-traded fund trades using various trading platforms and strategies to minimize market impact.
  • Monitor and analyze market conditions to identify trading opportunities and risks.
  • Maintain relationships with authorized participants, market makers, and liquidity providers.
  • Ensure proper execution of creation and redemption processes for exchange-traded fund shares.
  • Implement hedging strategies to manage portfolio risk.
  • Analyze trading costs and execution quality to optimize trading strategies.
  • Support portfolio managers by providing market insights and liquidity profiles.
  • Ensure compliance with all relevant regulations and internal policies.
Desired Qualifications
  • Series 7 and Series 57 licenses are preferred.

Generating company summary.

Company Size

51-200

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Get referred to Old Mission

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Old Mission sponsored ICI, Cboe, STA, and PyCon in May 2026.
  • The firm is reportedly subleasing 70,000 square feet at 167 North Green Street.
  • 2026 recruiting remains active, including junior ETF sales trader roles and Harvard postings.

What critics are saying

  • Single-dealer platform launch slips beyond 2025, wasting hiring and ceding clients to Jane Street.
  • ETF market-making profits compress if Citadel and Jane Street tighten spreads faster.
  • Old Mission's Illiquid-ETF niche concentrates revenue; a risk-off ETF freeze hits inventory hard.

What makes Old Mission unique

  • Old Mission owns ETF liquidity in hard-to-price, illiquid products, not plain-vanilla flow.
  • The firm held 976 U.S. equity positions worth $4.2B in Q1 2026.
  • Eugene Davidovich’s 2025 platform hire signals direct bilateral access to proprietary liquidity.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program

Company News

ETFDailyNews.com
Sep 27th, 2025
SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Holdings Cut by Eagle Global Advisors LLC

Ameriflex Group Inc. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $27,000.

ETFDailyNews.com
Sep 17th, 2025
Parallel Advisors LLC Grows Position in iShares Short-Term National Muni Bond ETF $SUB

OLD Mission Capital LLC purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the first quarter valued at about $8,875,000.

Yahoo Finance
Sep 9th, 2025
Old Mission Capital Hires Eugene Davidovich to Lead Launch of Single-Dealer Platform

CHICAGO, Sept. 9, 2025 /PRNewswire/ - Old Mission Capital, a leading global market maker in exchange-traded funds (ETFs), today announced that Eugene Davidovich has joined the firm to lead the development of its first single-dealer trading platform, expected to launch by the end of 2025.

ETFDailyNews.com
Jul 30th, 2025
Valley Forge Investment Consultants Inc. ADV Trims Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Finally, OLD Mission Capital LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $20,734,000.

ETFDailyNews.com
Jul 28th, 2025
Global X Silver Miners ETF (NYSEARCA:SIL) Shares Acquired by Kestra Private Wealth Services LLC

Finally, OLD Mission Capital LLC acquired a new stake in Global X Silver Miners ETF in the 4th quarter valued at $948,000.