Trading Analyst at Maven Securities

Maven Securities US Limited, Chicago, IL

Maven is a market-leading proprietary trading firm allocating internal capital across discretionary, systematic, and market-making strategies. Our collective expertise spans traders, engineers, and technologists, unified by an unwavering dedication to enhance our efficiency as a premier liquidity provider for globally listed derivatives. We leverage groundbreaking execution and pricing technologies to elevate and improve how financial markets operate . Maven continues to scale its operations while preserving the dynamic energy and innovative culture of a start-up, but without the associated risks.

THE ROLE:

• Day-to-day responsibility for scripts that support the trading activity.
• Work with traders to design and improve trading strategies through data analysis, prototyping, and collaboration with developers.
• Support operational tasks on the trading desks.
• Comply with all applicable compliance policies, procedures, laws, and regulations.
• Design and optimize market-making strategies through microstructure analysis, primarily targeting S&P 500 index derivatives (futures & options).
• Develop high-performance Julia code to efficiently process large-scale market data (e.g., CME MDP 3.0) for backtesting trading strategies.
• Track CME/CBOE exchange-side infrastructure upgrades (matching engine algorithms, network protocols, and data feeds) and analyze the impact on strategy performance, particularly in relation to order execution latency.
• Develop and maintain web applications using Plotly Dash to support trading desks, incorporating new functionalities based on trader requirements.
• Provide real-time support for trading desks by troubleshooting analytical tool issues, analyzing unexpected loss trades, and addressing missing data scenarios, ensuring smooth and effective trading operations.

Salary $120,000 - $160,000 per annum.

WHAT WE ARE LOOKING FOR:

• Requires Bachelor’s degree in Financial Engineering, or a related field of study. Knowledge or experience in the following must have been gained through academic research and/or coursework: Python scripting related to options market making; options market making; options pricing; C++ financial computing; algorithm analysis; and, financial markets.

WHAT WE OFFER:

• Amazing opportunity to be a key member of a highly committed employee-owned trading firm.
• The upside of start-up without the associated risks.
• Great friendly, informal and highly rewarding culture.
• Informal dress code.
• Fast growing global firm with plenty of opportunity where you will have significant impact.
• Benefits: Medical, Dental, Vision Insurance coverage for employees and their dependents. 401k with employer match. Short Term Disability, Long Term Disability, and Life Insurance. Annual learning and development stipend.

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