Full-Time

Campus: Quantitative Trader

2024 Start

Posted on 9/23/2024

Optiver

Optiver

1,001-5,000 employees

Global market maker providing liquidity services

No salary listed

Entry

Chicago, IL, USA

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Connection
Connection
Connection
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Requirements
  • Graduating with a Bachelors or Masters in a STEM field
  • Have an expected graduation date between December 2023 and June 2024 (Spring and Fall 2024 start dates available)
  • Superior quantitative and logical reasoning skills
  • Interest in strategic games and/or competitive activities
  • Experience with programming or scripting in Python is a plus
Responsibilities
  • Participate in six months of comprehensive training on the fundamentals of trading: theory, markets, strategies and cutting-edge technology
  • Develop cutting edge statistical models to predict future prices
  • Design strategies to best execute in fast-moving environments
Desired Qualifications
  • Experience with programming or scripting in Python is a plus

Optiver operates as a market maker, enhancing the efficiency and fairness of financial markets by providing liquidity, which is the ease of buying or selling assets without impacting their prices. The company trades a variety of financial instruments, including stocks, bonds, and derivatives, across more than 50 exchanges globally, serving primarily institutional clients like banks and hedge funds. Optiver's business model revolves around proprietary trading, where they use their own capital to trade and profit from the small price differences between buying and selling, known as the spread. They leverage advanced technology and algorithms to analyze market data and execute trades swiftly, ensuring competitive pricing and market stability. The goal of Optiver is to maintain a healthy financial market by ensuring there are always buyers and sellers available, benefiting all participants from professional traders to everyday investors.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's expansion into Japan's derivatives market diversifies revenue and reduces market dependency.
  • Investment in Brazilian Exchange A5X opens growth avenues in Latin American markets.
  • Appointment of Lance Braunstein as CTO may enhance Optiver's trading technology.

What critics are saying

  • Increased competition in Japan may lead to tighter profit margins for Optiver.
  • Integration challenges with new CTO could impact technology strategy and operations.
  • Expansion in Austin, Texas, poses financial risks if growth expectations aren't met.

What makes Optiver unique

  • Optiver is a leading global market maker providing essential liquidity and market stability.
  • The company uses advanced technology and algorithms for efficient proprietary trading.
  • Optiver partners with exchanges and investment firms to improve financial market transparency.

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Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 1%
eFinancialCareers
Feb 26th, 2025
Why did the top technologist in financial services join Optiver?

Optiver itself has hired a few cloud people in recent years, including Karun Kallakuri, a high-performance computing specialist formerly of hedge fund Citadel.

The Trade News
Feb 26th, 2025
Barclays EMEA equities market structure head joins Aquis in newly created role

BlackRock Aladdin engineering head joins Optiver as global chief technology officer.

Optiver
Feb 25th, 2025
Optiver appoints Lance Braunstein as Global Chief Technology Officer

Optiver is pleased to announce the appointment of Lance Braunstein as Global Chief Technology Officer, effective 1 May 2025.

The Rio Times
Jan 9th, 2025
New Brazilian Exchange A5X Gains Major International Shareholders

A5X, Brazil's new derivatives and futures exchange, has secured five international shareholders. IMC Trading, Jump

The Japan Times
Dec 10th, 2024
Options giant Optiver bets Japan's market is about to boom

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has, so far, been virtually nonexistent.

INACTIVE