About the role

Aplyr's Quick Take

This role is for a Quantitative Strategist focused on options trading at Virtu Financial. You'll be building predictive models, optimizing trading strategies, and collaborating with traders and developers to enhance trading performance. It's primarily an individual contributor position requiring strong quantitative skills and experience in options markets.

Good fit

Ideal candidates have 3-5 years of quantitative research experience, preferably in options market making, and hold an advanced degree in a quantitative field. You should be comfortable working with large datasets and have a collaborative mindset.

Worth noting

The position emphasizes a collaborative environment and cross-team exposure, which is a plus for those who enjoy teamwork. Familiarity with the India options market is mentioned as a beneficial but not mandatory skill.

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide

The firm’s complementary core offerings—market making, client execution services, and trading venues—give Virtu a competitive advantage in developing and applying innovative tools that deliver efficiencies and performance across the organization. We continuously develop and employ innovative technology, trading strategies and risk management systems that drive superior and highly scalable trading platforms and are looking for an experienced Quantitative Strategist to help us propel our technology forward in the options trading space.

ROLE OVERVIEW

As a Quantitative Strategist on our Options desk, you will collaborate with our team of experienced traders, quants, and developers in a collegiate and collaborative environment that encourages cross-team exposure globally.

KEY RESPONSIBILITIES

Apply your observational skills and modern statistical methods to build predictive models, generate volatility signals, and translate them into viable trading strategies
Analyze and optimize existing signals to drive strategy performance improvements
Identify best opportunities to improve our existing volatility pricing models
Calibrate strategies across different products and adapt to changing market regimes
Collaborate with the team to implement and integrate new signals into our current trading infrastructure

THE CANDIDATE

Minimum 3-5 years of experience in quantitative research at an OAMM (Options Automated Market Maker). Familiarity with India options market is a plus
Advanced degree (preferably PhD) in Science, Mathematics, Engineering, or other quantitative field
Proven track record building volatility and/or delta signals as an options market making quant
A good understanding in options pricing theory
Experience analyzing large datasets to systematically identify new patterns
Proficient in programming, Python, Java or C++ preferred
Exceptional quantitative, mathematical, and problem-solving skills

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

Skills & Tags

python java go data product

Aplyr's read

Virtu Financial is a technology-driven trading firm excelling in market making and liquidity provision, attracting tech-savvy professionals and quantitative traders.
Synthesized from recent postings & public sources

What's promising

•Virtu Financial leverages cutting-edge technology to maintain a competitive edge in high-frequency trading.
•The firm offers diverse roles from software engineering to quantitative trading, appealing to a wide range of professionals.
•Virtu's global presence provides opportunities for international exposure and career growth.

What to watch

•High-frequency trading firms like Virtu face regulatory scrutiny that can impact operations.
•The fast-paced environment may lead to high stress and burnout among employees.
•Market volatility can significantly affect the firm's profitability and job stability.

Why Virtu Financial

•Virtu Financial stands out for its focus on technology-driven market making and liquidity provision.
•The firm offers a unique blend of finance and technology roles, attracting diverse talent.
•Virtu's commitment to innovation in trading technology differentiates it from traditional financial firms.

Aplyr’s read is generated by AI from public sources. Was it useful?