Quantitative Trader, Low-Latency Index Options Execution
Research-driven proprietary trading and market-making firm operating since 1989, Chicago role
| Employer | Research-driven proprietary trading and market-making firm operating since 1989, Chicago role (not named) |
|---|---|
| Location | Chicago, IL · On-site |
| Type & level | Full-time · Mid-level |
| Pay | USD 250k base Source: pay range stated in the source posting |
| Visa path | O-1A fit |
| Role family | Derivatives & Risk Quant |
About the role
This role sits on an electronic index options desk that supplies liquidity across exchanges. The execution team decides how the firm gets into the trades it wants, and the hire will analyze trades, improve execution systems and take on a defined part of the strategy. Traders, quant researchers and developers work closely together on it.
What you'll do
- Raise revenue in low-latency index options trading by improving the electronic execution systems
- Analyze options pricing, trade records and exchange feed data to find where execution can improve
- Study individual trades to understand how the firm's systems and competitors' systems behave and to size missed opportunities
- Backtest proposed execution changes to estimate their effect before release
- Work with traders, quant researchers and developers to move ideas into production
- Take ownership of a defined area, such as one exchange or execution type, and build multi-month improvement plans
Requirements
- 2+ years of experience in low-latency index options execution, both providing and taking liquidity
- Strong grasp of exchange microstructure and how automated systems interact with exchanges
- Ability to analyze large datasets efficiently in Python
- Clear communication across trading, research and development teams
- Ownership mentality and a bias toward action
Nice to have
- Graduate or post-graduate degree in mathematics, computer science, statistics or a similar quantitative field, with strong academic results
Pay & benefits
USD 250k base. Full-time permanent roles are eligible for a discretionary bonus and benefits including paid leave and insurance.
Pay source: pay range stated in the source posting. Market data, not an offer from O1DMatch.
Visa path
People in quantitative trading roles often support an O-1A case with evidence such as high compensation relative to peers, original contributions to trading or modeling methods, judging or leadership roles, and recognition from industry or academic work. The posting states no citizenship restriction. An employer like this or a U.S. agent can file the petition, and approval depends on the individual's evidence.
How to get matched
- Take the free eligibility checkAn AI review of your background against the eight O-1 criteria, at check.o1dmatch.com.
- Create your profile with code WORKWITHUSIt unlocks the Starter plan at no cost. Tell us your field and the work you do today.
- Upload your evidenceEach document is sorted under the criterion it supports, and your criteria map shows what is still missing.
- Get matchedWe match strong profiles with U.S. employers hiring for roles like this one. Gigs you confirm with verified companies count toward your itinerary, and at a score of 75 we connect you with an immigration attorney.
This listing describes a real U.S. posting so you can see what employers ask for. O1DMatch does not represent that employer and does not hold this opening; applying matches you with employers hiring for this kind of role. No visa outcome is promised.