Electronic Options Trader at Wolverine Trading

Chicago, Illinois, United States

Wolverine Trading Logo
$100,000 – $150,000Compensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
NoVisa
Financial Services, TradingIndustries

Requirements

  • 2+ years of managing risk on an electronic market making desk
  • Strong communication skills and a desire to work in a team environment
  • Ability to perform trade analysis and identify solutions
  • Self-motivated and adaptable
  • Commitment to learning and innovation
  • Excellent analytical skills
  • Eligible to work in the U.S. without sponsorship
  • Must be able to work in the Chicago Loop office 5 days a week

Responsibilities

  • Manage risk and execution across multiple products
  • Manage parameters that affect option pricing
  • Conduct product-specific research in order to identify idiosyncratic risks
  • Identify macro catalysts within your names
  • Identify and investigate trades using analysis tools and logs
  • Collaborate with desk engineers and traders to improve current strategies and applications

Skills

Options Trading
Electronic Market Making
Risk Management
Option Pricing
Trade Analysis
Analytical Skills

Wolverine Trading

Diversified financial services and trading firm

About Wolverine Trading

Wolverine Trading operates in the financial markets, providing services such as proprietary trading, asset management, and execution services. In proprietary trading, the company engages in market making, which involves buying and selling securities to provide liquidity, and valuation arbitrage, which takes advantage of price differences across markets. The asset management segment focuses on managing investment funds to generate returns for clients through various strategies. Execution services ensure that clients' trades are executed efficiently and at optimal prices, which is particularly important for institutional investors. Unlike many competitors, Wolverine leverages its technological capabilities and market expertise to deliver value to clients. The company's goal is to maintain a competitive edge in the financial markets while fostering a strong company culture that promotes teamwork, creativity, and continuous learning.

Chicago, IllinoisHeadquarters
1994Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Benefits

Highly competitive salary bonus
Generous paid time off and flexible scheduling
100% coverage of medical, dental, vision, life, and disability benefits for single coverage
Generous Paid Parental Leave
Retirement Plans: 401K and Roth 401K
Profit sharing plan
Long and short-term disability

Risks

High-frequency trading competition may erode Wolverine's market share in proprietary trading.
DeFi platforms threaten traditional asset management services offered by Wolverine Trading.
Regulatory scrutiny on algorithmic trading could impact Wolverine's operations and profitability.

Differentiation

Wolverine Trading excels in market making and valuation arbitrage across global markets.
The company leverages innovative technology to enhance trading and execution services.
Wolverine's strong company culture emphasizes teamwork, creativity, and continuous learning.

Upsides

Increased algorithmic trading adoption enhances market efficiency, benefiting Wolverine's market making.
ESG investing rise offers new opportunities for Wolverine Asset Management's sustainable strategies.
Growing demand for real-time data analytics boosts Wolverine Execution Services' technology offerings.

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