Equity Research Analyst

CTC Lateral - Website & LinkedIn•Chicago, IL

60d•Hybrid

About The Position

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. We are seeking an Equities Research Analyst to join our Equities Options Market Making team. This role will focus on identifying and analyzing events such as earnings, dividends, macro events, and capital structure changes that may have an impact on options pricing across US equity markets. A successful candidate will work closely with options traders to capitalize on event-driven mispricing, corporate actions, and fundamental disconnects between equity distributions and options market pricing. This position requires real-time analysis and communication in a fast-paced trading environment with 24-hour market coverage.

Requirements

3+ years of experience as an equity analyst, with focus on company and macro events, capital structure analysis, or options trading in a real-time environment
Deep understanding of corporate finance, options pricing theory, and how corporate actions affect options Greeks and volatility surfaces
Experience with event-driven strategies (merger arbitrage, spin-offs, dividend captures) and ability to quickly analyze earnings reports and SEC filings
Data-driven approach with quantitative modeling skills; experience with volatility trading and cross-asset arbitrage

Responsibilities

Identify, analyze and communicate the impact of events, earnings, dividends, macro events and capital structure changes on options pricing and trading strategies in real-time
Conduct fundamental analysis on individual equities to identify mispricing opportunities relative to options market pricing, particularly around corporate actions, convertible bonds and earnings
Develop proprietary tools and models to systematically identify event-driven and capital structure opportunities across global markets
Build workflows for keeping track and communicating market-moving news and catalysts to traders