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Quantitative Trader

Expired Job

DRW Holdings Chicago , IL 60602

Posted 3 months ago

Position: Quantitative Trader

Worksite: Chicago, IL

Position ID: 20435

Responsibilities:

  • Trade and price equity indices across major liquid ETFs, managing position within risk management parameters

  • Trade and price currency futures and swaps, managing position within risk management parameters and counterparty credit limit

  • Identify and act on arbitrage opportunities in the market

  • Act as Market Maker for Equity and FX asset classes, fulfilling exchange requirements

  • Conduct post-trade analysis to research and optimize trading parameters using Python

  • Execute and manage algorithmic trading strategies which operate in numerous asset classes on proprietary trading systems

  • Independently monitor trading systems to identify problems and opportunities, as well as to verify trading activity through front and back office systems

  • Enhance existing strategies; identify and pursue new opportunities

  • Actively interact with senior traders, software engineers and strategy researchers to identify, develop, and improve trading strategies

Requirements:

  • Master's degree in Mathematics, Economics, Engineering, or a related quantitative field

  • 1 year of experience using Python and high frequency tick data to conduct post trade analysis and optimize trading parameters

  • 1 year of experience trading and pricing equity indices

  • 1 year of experience trading and pricing currency futures and swaps

  • Experience may be gained concurrently

  • Passing grade on FINRA Series 57 exam

Experience must include:

  • Identifying arbitrage opportunities in the market

  • Trading in an FX Market Maker role

  • Managing and analyzing large high-frequency tick datasets

  • Working with complex low-latency trading systems, identifying faulty systems and trades

  • Evaluating technology and operational risk

  • Developing methods of reconciling model pricing data with market activities

  • Linux

TO APPLY: Please send resume to apply@drw.com and reference Position ID 20435.


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Quantitative Trader

Expired Job

DRW Holdings