Systematic Volatility Trader

Our European Equity Vol desk is searching for an exceptional Systematic Volatility Trader to join their growing team. This is an opportunity to join a dynamic and versatile risk-taking desk with a strong computational and technology platform on which to run the strategies you will help to design and deploy. This role presents a unique opportunity to leverage a market leading low latency trading infrastructure for the purpose of generating revenue in options.

Responsibilities

• Lead trader for ultra-low latency options. Real-time management of the trading systems and coordination with the prop and market making teams within the same pod
• Project lead for the design and implementation of new ultra-low latency options strategies. This will involve rapid prototyping with detailed specs, ready for consumption by the software and hardware teams
• Strategy backtesting including use of full order book replay, deep data research.
• Evaluation of strategy performance and provision of detailed execution analytics to the quant research team
• Implementation of detailed statistical trading metrics to aid in the continual improvement of the system

Requirements

• Competitive nature & desire to win in the markets
• Demonstrated track record in helping to design and implement profitable ultra-low latency options strategies
• Exceptional knowledge of options and delta 1 order book construction & statistical signal generation
• Deep understanding of the fundamentals of options pricing and electronic execution, automated risk management and portfolio construction
• Computer Science background or equivalent coding capability. Strong knowledge of Python / SQL / Linux and ability to read C++
• Options microstructure expert, including specific exchange topologies
• Necessary statistical and mathematical skill set with core competencies in R / Matlab or similar
• True team player and collaborator with excellent communication ability, in particular around complex technical topics
• Tenacity and the ability to see a difficult problem through to completion

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