Quantitative Researcher at Belvedere Trading

Boulder, Colorado, United States

Belvedere Trading Logo
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

Python
Jupyter
Data Analysis
Statistical Modeling
Mathematical Modeling
Control Theory
Feedback Loops
Quantitative Research

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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