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Job Description
Maven Securities US Limited, Chicago, IL
Maven is a market-leading proprietary trading firm allocating internal capital across discretionary, systematic, and market-making strategies. Our collective expertise spans traders, engineers, and technologists, unified by an unwavering dedication to enhance our efficiency as a premier liquidity provider for globally listed derivatives. We leverage groundbreaking execution and pricing technologies to elevate and improve how financial markets operate . Maven continues to scale its operations while preserving the dynamic energy and innovative culture of a start-up, but without the associated risks.
THE ROLE:
- Day-to-day responsibility for scripts that support the trading activity.
- Work with traders to design and improve trading strategies through data analysis, prototyping, and collaboration with developers.
- Support operational tasks on the trading desks.
- Comply with all applicable compliance policies, procedures, laws, and regulations.
- Design and optimize market-making strategies through microstructure analysis, primarily targeting S&P 500 index derivatives (futures & options).
- Develop high-performance Julia code to efficiently process large-scale market data (e.g., CME MDP 3.0) for backtesting trading strategies.
- Track CME/CBOE exchange-side infrastructure upgrades (matching engine algorithms, network protocols, and data feeds) and analyze the impact on strategy performance, particularly in relation to order execution latency.
- Develop and maintain web applications using Plotly Dash to support trading desks, incorporating new functionalities based on trader requirements.
- Provide real-time support for trading desks by troubleshooting analytical tool issues, analyzing unexpected loss trades, and addressing missing data scenarios, ensuring smooth and effective trading operations.
Salary $120,000 - $160,000 per annum.
WHAT WE ARE LOOKING FOR:
- Requires Bachelor’s degree in Financial Engineering, or a related field of study. Knowledge or experience in the following must have been gained through academic research and/or coursework: Python scripting related to options market making; options market making; options pricing; C++ financial computing; algorithm analysis; and, financial markets.
WHAT WE OFFER:
- Amazing opportunity to be a key member of a highly committed employee-owned trading firm.
- The upside of start-up without the associated risks.
- Great friendly, informal and highly rewarding culture.
- Informal dress code.
- Fast growing global firm with plenty of opportunity where you will have significant impact.
- Benefits: Medical, Dental, Vision Insurance coverage for employees and their dependents. 401k with employer match. Short Term Disability, Long Term Disability, and Life Insurance. Annual learning and development stipend.
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