Quant Trader / Researcher, Exchange Market Making


New York, Chicago, London
Permanent
USD250000 - USD300000
Quantitative Analytics Research and Trading
PR/578531_1771960246
Quant Trader / Researcher, Exchange Market Making
Job Description: Quant Trader / Researcher, Exchange Market Making
Location: New York, Chicago, London
Role Type: Full time
Team: Quantitative Trading and Market Making
Overview
A well known Quant Trading business has built a successful OTC market making franchise and is now expanding into exchange traded products across global markets. We are hiring experienced quantitative talent to help build, scale, and operate our next generation exchange market making platform. Candidates may come from systematic trading, alpha research, or algorithmic execution backgrounds, as long as they bring a strong track record of strategy development and platform level thinking.
This is a ground floor opportunity within a team that already has deep market making DNA. You will help define how we quote, manage risk, and compete on exchange across multiple asset classes.
What You Will Do
  • Design and implement exchange based market making strategies across equities, futures, options, FX, digital assets, or other liquid products.
  • Build or improve quoting, pricing, and inventory management models used in automated market making.
  • Create alpha driven components that enhance spreads, skew, or order placement logic.
  • Work with engineers and QDs to develop robust trading pipelines, including signal generation, parameter engines, risk controls, and monitoring.
  • Analyze exchange microstructure and optimize strategies for matching engine behavior, queue dynamics, and latency constraints.
  • Perform post trade analytics, PnL decomposition, and model attribution to identify improvements.
  • Support the expansion of the existing OTC franchise by aligning cross venue views, risk frameworks, and market insights.
  • Maintain strong risk discipline while managing inventory and quoting obligations in real time.
What We Are Looking For
You may be a quant trader, alpha researcher, or algorithmic quantitative developer. We value depth of thought, technical skill, and the ability to build systems that perform in production.
Required Skills
  • Strong experience building or operating systematic strategies in a market making or liquidity provision role.
  • Proficiency in Python or C++ and comfort working in a production Linux environment.
  • Deep understanding of exchange microstructure, order books, and real time decision systems.
  • Ability to reason quantitatively and empirically with large datasets.
  • Solid understanding of statistical modeling or time series methods.
  • Experience working directly with live trading systems or real time research frameworks.
Preferred Experience
  • Prior work on quoting engines, pricing libraries, or exchange MM platforms.
  • Experience in high throughput environments using colocation, fast data feeds, and custom connectivity.
  • Knowledge of risk management across OTC and exchange venues.
  • Cross asset exposure: crypto, futures, options, rates, FX, equities, or commodities.
  • Proven revenue contribution or strategy ownership in a previous role.
Why Join
  • Rare chance to influence the design of a new exchange trading platform backed by an already successful market making team.
  • High ownership: from research to deployment to optimization.
  • Collaborative culture that merges quantitative rigor with fast iteration.
  • Competitive compensation aligned with performance and impact.
  • Flexibility to work across products and build multi asset expertise.

FAQs

Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.

Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.

We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business. 

That's why we recommend registering your CV so you can be considered for roles that have yet to be created. 

Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.

Handpicked roles for you