Senior Index Trader - Chicago - Edgehog Trading

    Edgehog Trading
    Edgehog Trading Chicago

    4 days ago

    Description
    About us
    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
    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 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.

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