Trading Analyst

Maven • Chicago, IL

9h • $120,000 - $160,000

About The Position

Maven Securities US Limited, Chicago, IL
Maven is a market-leading proprietary trading firm allocating internal capital across discretionary, systematic, and market-making strategies. Our collective expertise spans traders, engineers, and technologists, unified by an unwavering dedication to enhance our efficiency as a premier liquidity provider for globally listed derivatives. We leverage groundbreaking execution and pricing technologies to elevate and improve how financial markets operate . Maven continues to scale its operations while preserving the dynamic energy and innovative culture of a start-up, but without the associated risks.
THE ROLE:
Day-to-day responsibility for scripts that support the trading activity.
Work with traders to design and improve trading strategies through data analysis, prototyping, and collaboration with developers.
Support operational tasks on the trading desks.
Comply with all applicable compliance policies, procedures, laws, and regulations.
Design and optimize market-making strategies through microstructure analysis, primarily targeting S&P 500 index derivatives (futures & options).
Develop high-performance Julia code to efficiently process large-scale market data (e.g., CME MDP 3.0) for backtesting trading strategies.
Track CME/CBOE exchange-side infrastructure upgrades (matching engine algorithms, network protocols, and data feeds) and analyze the impact on strategy performance, particularly in relation to order execution latency.
Develop and maintain web applications using Plotly Dash to support trading desks, incorporating new functionalities based on trader requirements.
Provide real-time support for trading desks by troubleshooting analytical tool issues, analyzing unexpected loss trades, and addressing missing data scenarios, ensuring smooth and effective trading operations.
Salary $120,000 - $160,000 per annum.

Requirements

• Requires Bachelor’s degree in Financial Engineering, or a related field of study.
• Knowledge or experience in the following must have been gained through academic research and/or coursework: Python scripting related to options market making; options market making; options pricing; C++ financial computing; algorithm analysis; and, financial markets.

Responsibilities

• Day-to-day responsibility for scripts that support the trading activity.
• Work with traders to design and improve trading strategies through data analysis, prototyping, and collaboration with developers.
• Support operational tasks on the trading desks.
• Comply with all applicable compliance policies, procedures, laws, and regulations.
• Design and optimize market-making strategies through microstructure analysis, primarily targeting S&P 500 index derivatives (futures & options).
• Develop high-performance Julia code to efficiently process large-scale market data (e.g., CME MDP 3.0) for backtesting trading strategies.
• Track CME/CBOE exchange-side infrastructure upgrades (matching engine algorithms, network protocols, and data feeds) and analyze the impact on strategy performance, particularly in relation to order execution latency.
• Develop and maintain web applications using Plotly Dash to support trading desks, incorporating new functionalities based on trader requirements.
• Provide real-time support for trading desks by troubleshooting analytical tool issues, analyzing unexpected loss trades, and addressing missing data scenarios, ensuring smooth and effective trading operations.

Benefits

• Amazing opportunity to be a key member of a highly committed employee-owned trading firm.
• The upside of start-up without the associated risks.
• Great friendly, informal and highly rewarding culture.
• Informal dress code.
• Fast growing global firm with plenty of opportunity where you will have significant impact.
• Benefits: Medical, Dental, Vision Insurance coverage for employees and their dependents. 401k with employer match. Short Term Disability, Long Term Disability, and Life Insurance. Annual learning and development stipend.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level