Tower Research Capital
Senior Index Options Trader
$120K–$180K
New York, Chicago +1 · Senior · Full-time · Posted Sep 19, 2023
- Location
- New York, Chicago
New York, NY, United States - Experience
- 3+ years on a high volume share index options market-making desk.
About the job
Manages and develops strategies for a portfolio of listed index options, improving trading systems and execution while identifying new opportunities.
What you'll do
- Manage a portfolio of listed options products and identify new trading opportunities.
- Collaborate with traders, quantitative researchers, and developers to optimize strategies and improve systems, latency, and execution.
- Mentor junior traders and/or quantitative researchers.
What they ask for
- 3+ years of experience on a high volume share index options market-making desk.
- Expertise in short- and long-term volatility pricing dislocations and risks of managing a large index options portfolio.
- Experience operating, optimizing, and iteratively improving distributed automated trading systems; knowledge of exchange protocols for best execution.
- Relevant programming experience; ability to work in a fast-paced, high-pressure environment.
Nice to have
- Python and/or C++
Pay
$120,000-180,000 USD annual base salary
Tools
Python, C++
Model-written summary · the original posting is authoritative