Logo
job logo

Senior Index Trader

Edgehog Trading, Chicago, Illinois, United States, 60290

Save Job

We are a proprietary trading firm specializing in systematic electronic options market-making. Our vision is to scale and automate our quantitative strategies through cutting-edge algorithmic infrastructure and a diverse, multidisciplinary team of traders, quantitative developers, and researchers. We distinguish ourselves through rigorous data-driven decision-making, advanced technology platforms, and innovative quantitative methodologies, enabling us to address the complex challenges inherent in highly efficient markets. Leveraging best-in-class low-latency execution systems, sophisticated risk management frameworks, and state-of-the-art computational infrastructure, we maintain a competitive edge in the high-frequency trading landscape. Our foundation rests upon a commitment to continuous learning, absolute transparency, and a collaborative approach to every facet of our operations.

What you'll do:

Proactively manage pricing and positions for the SPX Index options market making desk

Design and optimize systematic options trading strategies using quantitative research and machine learning techniques

Build and refine algorithmic trading models from ideation through production deployment

Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance

Collaborate with quant researchers and engineers to develop new models using our proprietary datasets

Manage real-time risk across a diversified portfolio of options positions

Qualifications and skills:

Previous experience trading (3+ years) with a proven track record of success managing an index options market making book

BS/MS/BA degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field

Exceptional attention to detail

Excellent quantitative and analytical skills

Ability to take on many responsibilities quickly with a high degree of operational excellence

Python programming skills are a plus, but not required

Why Edgehog:

Small team advantage: Direct access to founders and senior team members from day one

Ownership early: Manage real P&L and make meaningful impact within your first year

Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house

Tight feedback loops: Weekly 1-on-1s with your mentor, quarterly reviews with leadership

Chicago-based: Affordable cost of living, vibrant trading community

Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm

401(k) with a 4% company match

Unlimited paid time off and sick leave

Free lunch, coffee, drinks, and snacks

Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.

The base salary for this role is 150,000 - 175,000 USD per year

#J-18808-Ljbffr