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Broker Trader

Edgehog Trading
Posted 6 months ago, valid for 4 days
Location

Chicago, Cook 60678, IL

Salary

$150,000 per year

Contract type

Full Time

Health Insurance
Paid Time Off

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Sonic Summary

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  • The role involves managing broker and institutional counterparty relationships across various products.
  • Candidates should have at least 1 year of experience in an options market making role and a relevant degree.
  • The position offers a base salary of 150,000 USD per year, with additional bonuses and benefits.
  • Key responsibilities include negotiating prices, conducting trade analysis, and collaborating with traders to manage risk.
  • The company offers a supportive environment with direct access to senior members and a focus on cutting-edge technology.

What you'll do:

  • Manage broker and institutional counterparty relationships across multiple products
  • Negotiate prices and make options markets for brokers and other relevant external parties
  • Collaborate and communicate effectively with screen traders to manage portfolio risk and pricing
  • Develop new relationships to improve access to flow and expand the business
  • Conduct trade analysis to identify trends and capitalize on opportunities

Qualifications and skills:

  • Previous experience (1+ years) in an options market making role covering brokers and institutional counterparties
  • BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
  • Strong verbal communication skills, detail oriented, team player
  • Excellent ability to use market information to positively impact trading operations
  • Ability to work well under pressure and make fast decisions in a dynamic market
  • Strong interpersonal skills, can successfully manage and form external counterparty relationships

Why Edgehog:

  • Small team advantage: Direct access to founders and senior team members from day one
  • Ownership early: Manage real P&L and make meaningful impact within your first year
  • Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
  • Tight feedback loops: Weekly 1-on-1s with your mentor, quarterly reviews with leadership
  • Chicago-based: Affordable cost of living, vibrant trading community

Benefits:

  • Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
  • 401(k) with a 4% company match
  • Unlimited paid time off and sick leave
  • Free lunch, coffee, drinks, and snacks
  • Commuter benefits
  • Monthly happy hours and annual team events


The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.

The base salary for this role is 150,000 USD per year




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By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.