Full-Time

Options Market Maker

Posted on 1/15/2025

Maven Securities

Maven Securities

201-500 employees

Multi-strategy trading and market making firm

Data & Analytics
Quantitative Finance
Financial Services

Senior, Expert

Chicago, IL, USA

Expansion of the US office in Chicago.

Category
Sales & Trading
Finance & Banking
Required Skills
Risk Management

You match the following Maven Securities's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Prior options trading experience
  • Successful track record of proven P&L and market share
  • Good understanding of trading systems
  • Outstanding numerical and analytical skills
  • Familiarity with automated options trading strategies and an interest in their development
  • Proactive interest in improving existing trading strategies and identifying new opportunities
  • Ability to take a high level of responsibility in an expanding, highly successful firm
  • Excellent attention to detail
  • Fast problem solving skills
  • Embodiment of Maven’s core values: Integrity and fairness, market leading, creativity, individual and collective success, discipline and accountability
Responsibilities
  • Day-to-day responsibility of the options book
  • Rigorous risk management and perfect compliance with regulatory rules
  • Improving strategies through analysis, prototyping and collaboration with developers
  • Proactive behavior in helping other books achieve their goals through observation and analysis of trading behavior
  • Designing and implementing new trading strategies
  • Openness to trading new products and willingness to set them up
  • To comply with all applicable Compliance policies, procedures, laws and regulations.
Desired Qualifications
  • Programming skills (desirable)

Maven Securities operates in the financial sector as a multi-strategy trading and market making firm. It uses both fundamental and quantitative methods to trade across global markets. The firm only uses its own capital, which helps align its interests with those of its clients and allows for greater operational flexibility. Technology plays a crucial role in Maven's operations, as it incorporates advancements in computer learning and processing power to improve trading efficiency from the initial trade to settlement. Maven serves a variety of clients, including institutional investors, by providing liquidity and ensuring efficient market execution. The firm focuses on careful execution and conservative risk management to maintain sustainable profitability. Its revenue comes from trading profits and market making, taking advantage of market inefficiencies while leveraging its technological capabilities.

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of machine learning improves profitability through optimized trading algorithms.
  • Advancements in quantum computing could revolutionize Maven's trading strategies.
  • The rise of alternative data sources provides new insights and competitive advantages.

What critics are saying

  • Increased competition from firms using similar technologies may erode market share.
  • Rapid technological changes may render current systems obsolete if not updated.
  • Regulatory scrutiny could lead to increased compliance costs and operational constraints.

What makes Maven Securities unique

  • Maven Securities uses proprietary capital, ensuring alignment of interests and operational flexibility.
  • The firm integrates advancements in computer learning to enhance trading operations.
  • Maven's business model focuses on meticulous execution and conservative risk management.

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Benefits

401K Scheme

25 Days Annual Leave plus public holidays

Healthcare, Dental & Vision

Employee Volunteering Opportunities

Annual Discretionary Bonus

INACTIVE