Junior Quantitative Trader Job at Edgehog Trading, Chicago, IL

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  • Edgehog Trading
  • Chicago, IL

Job Description

Job Summary:

Edgehog Trading is a proprietary trading firm specialized in electronic option market making. Our vision is to scale and automate our strategies with a diverse team of traders, developers, and researchers. We pride ourselves on data-driven decision making and innovative problem-solving which allows us to tackle complex problems posed by efficient markets. We believe in continuous learning, absolute transparency, and a collaborative approach to everything we do.

What you will do:

• Price and manage option market making strategies across a variety of products

• Proactively manage the desk’s position to ensure the portfolio falls within assigned risk limits.

• Monitor trading algorithms and provide feedback to researchers and developers on areas of improvement.

• Devise new, innovative ways to tune trading parameters to increase desk profitability.

• Work across the entire organization to improve systems and overall firm performance

Qualifications and Skills:

• A degree in a quantitative field such as Computer Science, Economics, Engineering, Mathematics, Physics 

• 0-2 years experience managing an options market making book, or a recent college graduate

• Exceptional mathematical ability, strong quantitative skills

• Collaborative team player willing to learn and accept feedback

• Comfortable in confidently making fast decisions in high pressure environments.

• Python or other programming experience is a plus but not required 

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