Algorithmic Trader

Simplex TradingChicago, IL
$150,000 - $200,000Onsite

About The Position

Simplex is looking for analytical and creative individuals to join our trading team. Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused understanding of pricing, risk management, and order flow. An ideal candidate is collaborative, strongly self-motivated, and capable of detail-oriented troubleshooting, data analysis, and robust systems design.

Requirements

  • At least one year professional experience in algorithmic trading, ideally equity or futures options
  • A track record of solving challenging analytical problems and implementing robust solutions
  • Firm understanding of statistics and probability, linear algebra, and calculus
  • Proficiency with Python and/or R for research, data analysis, and statistical modeling
  • Experience working with large datasets using relational databases, ideally SQL/MySQL

Nice To Haves

  • Exposure to Linux/Unix beneficial

Responsibilities

  • Design, troubleshoot, and optimize trading strategies and supporting pricing, risk management, and order execution modules
  • Iteratively improve trading models and parameters through research and data-focused analysis
  • Investigate new opportunities and avenues for firm market share growth or product expansion

Benefits

  • health/dental/vision insurance
  • 401(k) contributions
  • Excellent a la carte Medical/Dental/Vision (free employee coverage!)
  • 401(k) match
  • generous parental leave
  • Tuition Reimbursement
  • Employee Discounts
  • Charity Match
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