SPX Floor Trader Trainee
Apply NowCompany: OPTIVER
Location: Chicago, IL 60629
Description:
At Optiver, we strive for excellence in all things we do. We are looking for a SPX Floor Analyst that shares this mindset along with a passion for tackling the toughest of challenges. If you are someone who has the aptitude to multi-task while staying focused, the ability to be a continuous resource and problem solver in a fast-paced environment, and an interest in the financial markets, apply to our SPX Floor Analyst position today.
What you'll do:
As Floor Trader Trainee, your key responsibilities include:
What you'll get:
Who you are:
Who we are:
At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.
Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.
Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver's benefits package with the benefits listed above.
Base Salary Range
$135,000-$135,000 USD
What you'll do:
As Floor Trader Trainee, your key responsibilities include:
- Communicating real-time trade information from CBOE's SPX pit to Optiver's in-house trading floor in Amsterdam
- Reporting on Optiver Floor Trader's decisions and execution
- Analysing and assign importance to floor information queue to enhance Optiver's trading decisions
- Acting as facilitator and intermediary between in-house Trading team and exchange-based Floor Traders
- Coordinating information flow amongst Optiver's Floor Traders
- Maintaining and update S&P Trading team's visualization and graphics enhancements
- Building skills and trading acumen as a Floor Trader trainee
- Tracking trading strategies and report on profit and loss (PnL) results
What you'll get:
- The opportunity to work alongside best-in-class professionals from over 40 different countries
- A highly competitive compensation package
- Global profit-sharing pool and performance-based bonus structure
- 401(k) match up to 50%
- Comprehensive health, mental, dental, vision, disability, and life coverage
- 25 paid vacation days alongside market holidays
- Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more
Who you are:
- Hold a bachelor's degree (required)
- Possess a high aptitude with mathematics
- Have a working knowledge of financial instruments, trading exchanges and markets
- Excellent communicator and team player
- Able to make lightning-quick decisions
- Programming experience in Python or VBA is preferred
- Legal authorization to work in the United States is required; we will not sponsor individuals for employment authorization for this job opening
Who we are:
At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.
Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.
Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver's benefits package with the benefits listed above.
Base Salary Range
$135,000-$135,000 USD