Senior US Index Options Trader at Maven Securities

Chicago, United States

· 2 months ago

Full time

Experienced

WHAT WE DO:
We deploy Market Making strategies on listed Options and Futures on multiple exchanges globally and are consistently ranked within the top liquidity providers on the exchanges and markets we are mature in. We utilize our in-house ultra-low latency and high performant trading platforms to provide best in class pricing and liquidity to markets. We empower our team members and maximise their ability to succeed by offering an environment that is open, collaborative and supportive.

THE ROLE:
This is an exciting opportunity to have an instrumental role in establishing our US operation in Chicago. You will have a momentous impact on the execution of our most ambitious initiative yet; to build and expand a leading options market making business. You will be responsible for trading the relevant Index options book listed on US exchanges, improve trading strategies and identify new opportunities. Our philosophy is to bring together trading acumen, cutting edge technology and a scientific method to achieve sustainable success in the marketplace. We work in teams and encourage transparency and collaboration at all levels of the organisation.

WHY YOU SHOULD APPLY:

Take a high level of responsibility at a fast-growing global trading firm
Trust and empowerment: we allow you the freedom to operate, make decisions and shape the business
A unique opportunity to join a well resourced firm; yet you will be exposed to the excitement, creative opportunity and upside that define startups
A great engineering environment whereby technology is key to our success
Significant and continuous investment in technology for execution and research
Pragmatic and openly collaborative culture
The upside of a start-up without the associated risks

WHAT WE’RE LOOKING FOR:

Experienced options market maker with the ability, passion and drive to build and expand a successful trading business
Proven track record of successful PnL and risk ownership on a high volume Index options market making desk
Excellent understanding of the systematic and discretionary considerations involved in the risk management of an options book
Experience in taking down large orders originating on screen, phone or floor
Expertise in capitalising on opportunities that arise around events or other sources of price dislocation
Familiarity in the use, monitoring and optimization of a high-performance execution system
Exposure to the study of market microstructure and the low-level analysis of trade executions
An ability to work under pressure in a fast-paced environment

Maven Securities

440 employees Website

Maven implements both fundamental and quantitative trading & market making strategies across global financial markets, utilising only the group’s capital. We see ourselves just as much a technology firm as a multi-strat trading firm. We aim to equip our traders with the best tools we can. We channel the advances in computer learning, processing power and network capacity into streamlining and improving all aspects of the trading operation, from front office to settlements. This is paired with meticulous and attentive execution and conservative risk management. If you would like to learn more about working at Maven please visit: https://www.mavensecurities.com/work-at-maven/