Full-Time

Experienced Equity Options Trader

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary options trading using advanced tech

Compensation Overview

$150k - $200k/yr

Chicago, IL, USA

In Person

On-site role; no travel; occasional early on-site before business hours.

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Python
R
SQL
Risk Management
Data Analysis
Requirements
  • 3–7+ years of experience trading single-stock options, index options, or ETF options, ideally in a market-making setting
  • A strong track record of generating PnL, managing risk, and executing strategies in fast-moving markets
  • Deep understanding of options pricing, volatility dynamics, and market microstructure
  • Proficiency in Python, R, SQL, or similar tools, with the ability to work with large datasets and build analytical or modeling frameworks
  • Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions
  • Excellent communication skills and a team-oriented mindset
  • Bachelor’s degree or higher in Finance, Economics, Physics, Mathematics, Engineering, Computer Science, or a related field
Responsibilities
  • Become a leader in options market-making, while being recognized and compensated for your contributions within the firm.
  • Participate in formal education on quantitative concepts to build your trading knowledge.
  • Execute trades in a fast-paced environment with precision and a focus on maximizing profitability.
  • Excel in market-making on a highly collaborative team and actively provide liquidity across multiple markets while ensuring efficient pricing and risk management.
  • Execute strategy development and collaborate with the team to design and implement trading strategies in highly liquid names.
  • Provide analytics & insights to analyze market data to identify trends, mispricing, and emerging opportunities within Equity Markets.
  • Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
  • Collaborate with technologists, quants, and traders to systematize models and trading strategies.
  • Ensure risk management by monitoring and managing positions within risk limits

Belvedere Trading is a proprietary trading firm in Chicago that focuses on options trading. It uses its own technology and risk management capabilities to quickly capitalize on market inefficiencies, continuously re-engineering and maintaining its trading models and software to stay ahead. The company supports a team of over 200 people and emphasizes a distinct culture, entrepreneurship, and employee development, which contributes to low turnover and strong referrals. Its competitive edge comes from combining advanced technology, disciplined risk controls, and ongoing model optimization to operate efficiently in fast-moving financial markets. The firm aims to grow through expanding its talent, technology, and market reach while tackling evolving opportunities and challenges in the markets.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • Global offices in Chicago, Boulder, New York, and Singapore expand trading reach.
  • FINRA-registered broker-dealer status enables direct securities trading.
  • Merit-based rewards sustain low turnover across 265 employees.

What critics are saying

  • AUM fell 10% to $78B from $9.3B net sales, shrinking trading capacity.
  • 83% portfolio in SPY, TSLA, NVDA, QQQ, META invites tech crash losses.
  • Citadel Securities' HFT tech captures inefficiencies faster than Belvedere.

What makes Belvedere Trading unique

  • Proprietary technology exploits equity index and commodity derivatives inefficiencies.
  • Core values like 'Build Rockets, Not Balloons' drive iterative innovation.
  • Belvedere Trading University delivers advanced options theory and software training.

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Your Connections

People at Belvedere Trading who can refer or advise you

Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Company News

ETF Daily News
Jun 9th, 2025
Parallel Advisors LLC Has $53,000 Position in Granite Ridge Resources, Inc. (NYSE:GRNT)

Belvedere Trading LLC acquired a new stake in shares of Granite Ridge Resources in the fourth quarter valued at about $75,000.

Castle Placement
Nov 6th, 2024
Top 10 CloudTech & DevOps Capital Raises in the U.S. - October 16th-31st, 2024

Databento, developer of a colocation platform designed to provide simpler and faster historical data to receive market data, raised $10 million of Series A1 venture funding from Clear Street, Lightscape Partners and Belvedere Trading.

Global Fintech Series
Oct 30th, 2024
Databento Closes $10 Million in Additional Funding to Drive Global Expansion

Databento, one of the fastest-growing companies in the financial data industry, today announced the successful close of $10 million in additional funding, increasing its total Series A round to $30 million. This caps off an extraordinary year that saw a 985% surge in revenue and over 7,000 new customers.

MarketBeat
Feb 5th, 2024
GABELLI & Co INVESTMENT ADVISERS INC. Takes $594,000 Position in Sequans Communications S.A. (NYSE:SQNS)

Belvedere Trading LLC purchased a new stake in Sequans Communications in the 2nd quarter worth about $51,000.

ETF Daily News
Jan 18th, 2024
Independence Contract Drilling (NYSE:ICD) Stock Passes Below 200-Day Moving Average of $2.71

Belvedere Trading LLC purchased a new stake in Independence Contract Drilling in the fourth quarter valued at $38,000.