Systematic Options Trader
An experienced researcher-trader role on a growing options market-making desk at a proprietary trading firm. You shape the market-making algorithms and look for pricing and volatility signals in exchange data.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Research signals in exchange-listed options data that improve quoting and pricing
- Set research priorities for the desk's microstructure work
- Shape the research tooling and infrastructure the desk uses
- Work with engineers so research findings reach the production trading system
What they ask for
Required
- Several years researching large exchange or options datasets
- Track record improving a systematic market-making or volatility desk
- Deep exchange microstructure knowledge
- Understanding of low-latency market-making technology
- Working with engineers to take research to production
Preferred
- Statistics and linear algebra background
- C++ or a similar language
- Education
- No degree level stated
- Experience
- 5+ years researching exchange or options data, with a track record on a market-making or volatility desk
- Languages and tools
- Markets
- options, equities
How to prepare
- Study limit order book dynamics and how options quotes react to the underlying
- Build a simple implied volatility surface from public options data and examine how it moves
- Learn how fill and adverse selection data feed back into quoting parameters
- Revise linear algebra and regression for signal research
What to study
- Market Microstructure and Execution
- Derivatives Pricing and Computational Finance
- Quantitative Research, Data and Backtesting
- Probability, Statistics and Financial Data
The HFT Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.
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Read the full posting on Wolverine Trading’s site before applying: requirements, location and pay can change after we check them.
View the posting on Wolverine Trading’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Wolverine Trading and doesn’t handle applications.