Quantitative Researcher at Belvedere Trading

Boulder, Colorado, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Proprietary TradingIndustries

Requirements

Bachelor’s or Master’s degree in a quantitative discipline such as Applied Mathematics, Physics, Computer Science, Engineering, or Statistics
Strong problem-solving skills, especially in uncertain or incomplete-data environments
Solid programming ability in Python, especially for data analysis and modeling

Responsibilities

Conduct research and develop quantitative models for financial markets using advanced statistical and mathematical techniques
Embrace the uncertainty persistent in the marketplace to balance the risk-reward in each individual trade
Leverage concepts from control theory and feedback loops to enhance adaptive trading strategies
Analyze large datasets to uncover hidden patterns and inefficiencies in the market
Build and refine tools (e.g., in Python and Jupyter) to test, validate, and monitor research and strategies
Work closely with engineers to implement models in a live trading environment
Continuously monitor and improve existing models based on market dynamics
Generate ideas for quantitative strategies related to market effects, market microstructure, and other subtle marketplace changes
Work closely with senior industry leaders as part of a small and focused team

Skills

Key technologies and capabilities for this role

PythonJupyterData AnalysisStatistical ModelingMathematical ModelingControl TheoryFeedback LoopsQuantitative Research

Questions & Answers

Common questions about this position

What is the work location or remote policy for this role?

The position is onsite in Chicago, IL, or hybrid in Boulder, CO.

What is the salary for this Quantitative Researcher position?

This information is not specified in the job description.

What are the key requirements or skills needed for this role?

Candidates need a Bachelor’s or Master’s in a quantitative field like Applied Mathematics, Physics, Computer Science, Engineering, or Statistics, strong problem-solving skills in uncertain environments, and solid Python programming for data analysis and modeling.

What is the company culture like at Belvedere Trading?

The culture is driven by intellectual curiosity and a desire to solve complex problems that shape the trading industry, with a team-based, holistic development approach and small focused teams.

What makes a strong candidate for this Quantitative Researcher role?

Strong candidates are passionate individuals with intellectual curiosity, driven to solve complex problems in financial markets, backed by a quantitative degree and Python skills.

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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