Futures Relative Value (RV) Trader

New York, New York, United States

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$150,000 – $250,000Compensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Quantitative FinanceIndustries

Requirements

Candidates must possess a Bachelor’s degree in STEM/Finance, Economics, or a related field, and a minimum of 2 years of relevant trading experience, preferably in futures markets. They should demonstrate a deep understanding of futures products and futures exchange market structure, along with advanced computational and quantitative skills, particularly in Python. A proven history of consistent profitability in trading is also required.

Responsibilities

As a Futures Relative Value (RV) Trader, the individual will develop and maintain relative value trading models for futures markets using quantitative techniques, design and execute trading strategies on internal trading systems, manage risk metrics for a designated futures trading portfolio, and collaborate closely with Senior Traders and Developers to build and manage new strategies. They will also utilize Python for quantitative analysis and strategy research.

Skills

Python

Futures

Quantitative Analysis

Trading

Risk Management

Market Structure

Belvedere Trading

Proprietary trading firm specializing in options

About Belvedere Trading

Belvedere Trading is a proprietary trading firm located in Chicago that focuses on options trading in the financial markets. The firm uses its own technology and risk management strategies to identify and take advantage of market inefficiencies quickly. Belvedere continuously updates and improves its trading models and software to maintain a competitive edge. Unlike many of its competitors, Belvedere emphasizes a strong company culture that fosters entrepreneurship and empowerment among its team of over 200 members, which helps to keep employee turnover low. The firm's goal is to grow and adapt to the changing financial landscape while maximizing efficiency and leveraging its talented workforce.

Chicago, IllinoisHeadquarters

2002Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

201-500Employees

Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Risks

Increased competition from Databento may impact Belvedere's market share.

Investment in volatile sectors like cryptocurrency exposes Belvedere to financial risks.

Small-cap stock investments pose risks due to inherent volatility and price fluctuations.

Differentiation

Belvedere Trading leverages proprietary technology to capitalize on market inefficiencies.

The firm specializes in options trading with a focus on equity index and commodity derivatives.

Belvedere Trading maintains a distinctive company culture with high entrepreneurship and empowerment.

Upsides

AI-driven trading algorithms enhance Belvedere's proprietary technology for efficient trading strategies.

Quantum computing opens new avenues for risk management and trading model optimization.

Cloud-based trading platforms enable faster, scalable operations aligning with Belvedere's tech focus.

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