Quantitative Developer at DV Trading

Toronto, Ontario, Canada

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$120,000 – $180,000Compensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, TradingIndustries

Requirements

Candidates must possess a Bachelor's or higher degree in Computer Science, Engineering, Applied Mathematics, or a related technical discipline, with an advanced degree being an asset. They should demonstrate a solid understanding of options, options volatility modeling, and pricing, along with experience in stochastic calculus. Strong programming skills in Python, NumPy, and Pandas are required, as well as knowledge of algorithms, design patterns, OOP, threading, multiprocessing, and experience with distributed systems and large data sets.

Responsibilities

The Quantitative Developer will be responsible for options volatility modeling and pricing, implementing new models, working directly with trading desks on feature requests and trade analysis, leveraging quant libraries, and collaborating with cross-functional teams to troubleshoot complex problems. They will also focus on alpha generation, feature generation, working with large data sets, utilizing state space filters and related models, and building high-performance components for simulation and live trading.

Skills

Python

NumPy

Pandas

Options Volatility Modeling

Stochastic Calculus

Algorithms

Design Patterns

OOP

Threading

Multiprocessing

Distributed Systems

Data Analysis

Simulation

Risk Management

DV Trading

Proprietary trading and liquidity provision firm

About DV Trading

DV Trading is a proprietary trading firm that engages in trading financial instruments on derivatives and securities exchanges worldwide. The firm uses its own capital and advanced technology to provide liquidity in the markets, employing both quantitative and discretionary trading strategies. Unlike its competitors, DV Trading fosters a collaborative culture with a flat organizational structure, allowing for quick adaptation to market changes. The company's goal is to optimize trading performance and achieve significant returns by leveraging its market relationships.

Chicago, IllinoisHeadquarters

2006Year Founded

VENTURE_UNKNOWNCompany Stage

Energy, Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Paid Parental Leave

Wellness Program

Risks

Increased competition from AI-driven algorithmic trading firms threatens market share.

DeFi platforms attract liquidity away from traditional firms like DV Trading.

Regulatory scrutiny may increase operational costs for proprietary trading firms.

Differentiation

DV Trading leverages both quantitative and discretionary strategies for market liquidity.

The firm has a strong presence in derivatives and securities exchanges globally.

DV Trading emphasizes a flat organizational structure for quick market adaptation.

Upsides

Algorithmic trading in energy markets offers new opportunities for DV Trading.

DeFi platforms provide avenues for innovative liquidity models and strategy diversification.

Machine learning advancements enhance DV Trading's decision-making and trade execution.

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