Junior Derivatives Trader at Valkyrie Trading

Chicago, Illinois, United States

Valkyrie Trading Logo
$140,000 – $140,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, TradingIndustries

Skills

Key technologies and capabilities for this role

Quantitative AnalysisProgrammingMathematicsPhysicsEngineeringComputer ScienceAnalytical SkillsProblem-Solving

Questions & Answers

Common questions about this position

What is the salary range for the Junior Derivatives Trader position?

The salary range is $140,000 - $140,000 per year. This position is also eligible for an annual discretionary bonus.

What benefits are offered for this role?

Benefits include top-tier medical and dental coverage, relocation assistance packages, generous vacation policy, training opportunities and continuing education, catered lunch, snacks, and beverages, group outings and company parties, and a casual dress environment.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and qualifications are required for this Junior Derivatives Trader role?

Required qualifications include a degree in mathematics, physics, engineering, computer science or equivalent, passion for financial markets, strong quantitative, analytical and problem-solving skills, entrepreneurial attitude with attention to detail, strong communication and interpersonal skills, ability to make split-second decisions in high-pressure environments, competitive drive, and maturity to handle responsibility. Quantitative analysis skills are a plus and programming experience is preferred.

What does the training and team structure look like for new traders?

After completing a rigorous training program including several weeks of live trading, you'll join an existing team to continue learning, then perform and operate under the supervision of a senior trader.

Valkyrie Trading

Derivatives trading using quantitative analysis

About Valkyrie Trading

Valkyrie Trading specializes in trading derivatives, which are financial contracts tied to the value of underlying assets like stocks and commodities. The company uses advanced algorithms and high-frequency trading techniques to execute trades quickly and accurately, taking advantage of small price differences in the market. Valkyrie Trading differentiates itself from competitors through its collaborative culture, where traders, quantitative analysts, and software engineers work closely together to enhance trading strategies. The goal of Valkyrie Trading is to maintain a competitive edge in the complex derivatives market by leveraging technology and data-driven insights, while also fostering a creative and growth-oriented work environment.

Chicago, IllinoisHeadquarters
2011Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
11-50Employees

Benefits

Health insurance with the choice of plans including PPO, HMO, and HSA options
Dental insurance
Vision insurance
Lunch is provided every day
Gym membership discount

Risks

Competition from fintech startups using AI could erode Valkyrie's market share.
Regulatory scrutiny on high-frequency trading may lead to stricter compliance requirements.
Quantum computing advancements threaten current encryption methods, risking proprietary technology.

Differentiation

Valkyrie Trading specializes in derivatives, leveraging cutting-edge technology and quantitative analysis.
The company uses advanced algorithms and high-frequency trading for precise market execution.
Valkyrie's collaborative culture fosters innovation among traders, analysts, and engineers.

Upsides

Increased machine learning adoption enhances market prediction accuracy, boosting profitability.
DeFi platforms create new opportunities for derivatives trading, requiring liquidity providers.
Advancements in real-time data analytics enable faster, informed decisions for high-frequency trading.

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