Options Trader - Asia Hours
About the role
Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. We strive to be the most innovative firm in the industry, upholding ethical excellence and making a positive impact on the markets, the lives of our employees, and all the communities to which we belong.
Responsibilities
- Maintain trading schedule from 4 pm to 1 am CT (with flexible time outside of trading hours for cross-shift training and strategy improvements)
- Ensure daily production system readiness
- Execute trading (majority electronic, some broker calls)
- Perform real-time recalibration of system controls to dynamically match the trading environment
- Effectively bridge the handoff between shifts by communicating relevant risk information, trading flows, and system issues
- Contribute to execution improvements and strategic projects during non-trading hours
Requirements
- Minimum 2 years of options market making trading experience
- Minimum 1 year of market making portfolio management experience
- Interested in building longer term stability in our Asian hours operation
- Strong operational skillset to partner with technologists on prevention and quick resolution of system issues/outages
- Strong judgement to make trading and portfolio management decisions under pressure and with more independence given more limited shift support
- Ability to distill influx of information to prioritize and address the most important thing at any given moment
- Proactive communicator and self-starter who can effectively coordinate between shifts and take initiative to ensure continuous personal development
Nice to have
- Experience in S&P, Metals, Nasdaq, Russell, or Vix options market making trading
- Nice to have: Basic proficiency in Python programming
Qualifications
- Minimum 2 years of options market making trading experience
- Minimum 1 year of market making portfolio management experience
Skills
- Strong operational skillset to partner with technologists on prevention and quick resolution of system issues/outages
- Strong judgement to make trading and portfolio management decisions under pressure and with more independence given more limited shift support
- Ability to distill influx of information to prioritize and address the most important thing at any given moment
- Proactive communicator and self-starter who can effectively coordinate between shifts and take initiative to ensure continuous personal development
Benefits
We offer a competitive compensation package, including a salary range and an annual discretionary bonus. Most teams at CTC follow a hybrid workplace model, subject to change based on business need. Our benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience. Interns and contractors are not eligible for benefits at CTC.
Pay
The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.
Schedule
The trading shift runs from 4 pm - 1 am CT, with expectation to spend flexible time outside of trading on cross-shift training and strategy improvements. The role operates Sunday through Thursday with optionality for remote and/or on-site work.
Disclaimer
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