What are the responsibilities and job description for the Options Trader - Expression of Interest position at Eclipse Trading?
Options Trader
Eclipse Trading is a leading proprietary derivatives trading firm. Founded in 2007, we have over 120 employees across 4 office locations – Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.
We are actively seeking an Options Trader to join our growing US equity volatility trading team in Chicago. You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and technologist to drive our trading system forward and unlock trading opportunities.
Responsibilities and Duties
All information provided will be treated in strict confidence and used solely for recruitment purposes.
Due to the high number of responses that we receive, we are only able to respond to successful applicants.
Eclipse Trading is a leading proprietary derivatives trading firm. Founded in 2007, we have over 120 employees across 4 office locations – Hong Kong (our HQ), Sydney, Shanghai and Chicago. Our trading expertise and strategies are deployed across several markets globally, focusing on various products including equity derivatives, delta one, ETFs, commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading strategies, creating an environment powered by intellectual curiosity, problem solving, and innovation.
We are actively seeking an Options Trader to join our growing US equity volatility trading team in Chicago. You will play a key role in managing and improving our US systematic and positional options trading strategies. You will also collaborate extensively with our quantitative researchers and technologist to drive our trading system forward and unlock trading opportunities.
Responsibilities and Duties
- Manage and execute multiple options trading strategies, systematic market making and positional strategies
- Responsible for the risk management of the portfolio
- Identify trading opportunities and develop trading metrics based on proprietary research and data analysis
- Collaborate with other traders and quantitative researchers to optimise existing strategies and explore new alphas
- Work closely with the quants, developers, and support staff to continuously improve our trading infrastructure system
- Bachelor's degree in finance, economics, mathematics, or a related field
- 2 years of US index and equity options experience
- Proven track record of profitability and consistent trading performance
- Deep understanding of the US equity option markets and the trading opportunities
- Strong knowledge of options pricing models and volatility analysis
- Excellent analytical and problem-solving skills, with the ability to make informed trading decisions
- Ability to thrive and make decisions in a fast-paced trading environment and handle pressure effectively
- Strong communication and collaboration skills
- Good command of spoken and written English
- Strong proficiency in coding with Python
- Dynamic and collaborative work environment
- Opportunity to contribute directly to the bottom line
- Mentorship and training opportunities
- A flat management structure, where everyone's voice is valued
- Work life balance within a multi-cultural environment
- Attractive benefits package with discretionary bonus
All information provided will be treated in strict confidence and used solely for recruitment purposes.
Due to the high number of responses that we receive, we are only able to respond to successful applicants.