Junior Quantitative Options Trader
Edgehog Trading, Chicago, IL, United States
Edgehog Trading Opportunities
Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth.
What You'll Do
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 (1-2 years) with a proven track record of success managing an options market making book and maintaining/improving automated trading systems
BA/BS/MS/PhD 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
Strong python programming skills
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
Benefits
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
Commuter benefits
Monthly happy hours and annual team events
The base salary for this role is 150,000 USD per year
Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth.
What You'll Do
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 (1-2 years) with a proven track record of success managing an options market making book and maintaining/improving automated trading systems
BA/BS/MS/PhD 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
Strong python programming skills
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
Benefits
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
Commuter benefits
Monthly happy hours and annual team events
The base salary for this role is 150,000 USD per year