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Our Client is an investment bank headquartered in NYC. The firm has a successful market making desk that specialises in trading liquid equity derivatives including ETF's, ETN's, Market Making, Reshuffle, Options and Statistical Arbitrage. The options trading division is a recent addition and currently consists of 2 including a quantitative researcher and an option trader. Both have a technical quant/algo background. The duo trade US listed options acting as market makers and market takers. They run various quant and algorithmic strategies and have the ability to take risk and have the flexibility to hold positions over various time horizons as long as it fits the firms market making mandate and risk profile. The team are looking to make an additional hire and would like to recruit a quantitative researcher with experience developing filters and prior experience researching equity option market making strategies such as automated hedgers, alpha signals etc.

Key Responsibilities

• Signal research
• Backtesting strategies;
• Developing algorithmic trading software
• Designing hedgers
• Building filters

Skills and Qualifications

• Strong math and programming skills. (e.g. Matlab, R, Python, C++)
• Experience developing strategies for automated option trading in a prop environment.
• Familiar with the US equity option market structure.
• Background and strong foundation in areas such as: Implied volatility Forecasting, Econometrics, Time Series, Maximum likelihood, ARIMA, Statistics, Financial Time Series, Generalized autoregressive conditional Heteroskedasticity, The relation between implied and realized volatility, Kalman Filtering etc.

If you would like to be considered for the position of Equity Option Trader - Automated Option Market Making or wish to discuss it further then please leave your details below. Your resume will be held in confidence until you connect with a member of our search team.