About the role
Our Index Options team chases edge in volatility valuation, detailed execution, and fast technology. We are making a big push in our ability to price vol and take risk, with the goal of growing into a leading volatility desk in the marketplace. We are a highly collaborative group of generalists and specialists. Together we strive to have deep expertise, ownership, and innovation in the topic areas that are important to winning in the Index Options space.
Your Core Responsibilities
- Maximize revenue by identifying and monetizing short- and long-term mispricing, as well as managing the resulting positions
- Monitor and react to volatility shifts, liquidity changes, and macro events.
- Take ownership of index options trading books across EU and/or US markets with a focus on opportunistic, high-risk/high-reward strategies
- Deploy directional and volatility-based trades with strong conviction, backed by market intuition, quantitative signals and rigorous scenario analysis
- Collaborate with quants and engineers to refine pricing models and volatility surfaces and to improve execution tools, automation and latency
- Back test signals and validate new trading ideas.
- Provide feedback to enhance risk systems, scenario tools, and vol surfaces.
- Perform post-trade reviews to continuously improve execution and hedging.
- Be able to take lots of responsibility and ownership early in your time here to drive the strategy forward.
Your skills and experience:
- 2+ years of Index Options Volatility trading experience
- BS, MS, or PhD, preferably in business, economics, or STEM
- You have an entrepreneurial mindset and a healthy appetite for risk
- You have a proven ability to act and make decisions in a fast-paced and competitive environment
- You are analytical, passionate about reflecting on past trades, and always seeking to do better
- You have a deep understanding of fundamental drivers of volatility dynamics
- Strong proficiency in Python
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.
Aplyr's read
IMC Trading is a leading global market maker, known for its cutting-edge algorithmic trading strategies and dynamic, tech-driven workforce.
What's promising
- •IMC Trading is at the forefront of algorithmic trading, offering a fast-paced environment for tech-savvy professionals.
- •The company provides opportunities to work with complex financial instruments, appealing to those interested in financial markets.
- •IMC's global presence allows for diverse career paths and international collaboration.
What to watch
- •The high-pressure environment may not suit individuals seeking a traditional work-life balance.
- •Rapid industry changes require constant adaptation, which can be challenging.
- •Limited public information about work culture specifics may deter some applicants.
Why IMC Trading
- •IMC Trading emphasizes a tech-first approach, integrating advanced algorithms in market-making.
- •The firm hosts specialized events like coding meetups and networking, fostering community engagement.
- •IMC's focus on diverse asset classes offers broad exposure for traders and engineers.
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About IMC Trading
IMC Trading is a global market maker that specializes in algorithmic trading and liquidity provision across various asset classes, including equities, options, and futures.
