Senior Quantitative Researcher
Chicago Trading Company
Senior Quantitative Researcher
Chicago Trading Company
Trades options on exchanges with its own money
Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient.
We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.
We are seeking a Senior Quantitative Researcher to join a growing delta-one systematic trading team. This role is focused on alpha research, signal development, and model building across liquid futures and related products, spanning time horizons from high-frequency microstructure to medium-frequency cross-product alpha. The ideal candidate brings deep statistical and empirical research skills with a demonstrated ability to develop, evaluate, and deploy systematic signals and models that generate durable trading edge.
This is an opportunity to work directly on high-impact research problems across multiple products and time horizons, partnering closely with traders, researchers, and engineers to translate research into live trading impact.
WHAT YOU'LL DO
WHAT WE'RE LOOKING FOR
COMPENSATION
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.
OUR BENEFITS
We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience.
(Disclaimer: interns and contractors are not eligible for benefits at CTC)
OUR COMMITMENT TO DIVERSITY, EQUITY and INCLUSION
At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.
If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [email protected]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.
USE OF ARTIFICIAL INTELLIGENCE (AI)
Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.
Salary Range 225000 - 250000 USD
Trades options on exchanges with its own money
Chicago Trading Company trades options with its own money, standing ready to buy and sell contracts tied to stocks, stock indexes, commodities, and interest rates so other investors can trade when they need to. It began on Chicago's trading floors in US index options and became one of the firms that exchanges such as Cboe and CME appoint to keep prices quoted in their markets. Its traders, quantitative researchers, and engineers build pricing models and automated systems that quote prices and manage risk, and the firm earns money from the small gap between the prices at which it buys and sells. Five options traders founded it in 1995, and it is based in Chicago.
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