Senior Algorithmic Trader

The role

Algorithmic Traders develop relative value arbitrage trading software and build and improve trading strategies. They use market microstructure expertise to manage risk and grow trading strategies.

What you will do

• Maintain expertise in market microstructure, tick data, and automated trading systems
• Build and maintain trading quantitative model tools and analytics
• Develop, code, maintain and support production quality automated trading softwares and strategies
• Improve strategies and trade execution by performing post trade analyses and developing prediction models
• Manage a small group of dynamic Junior Traders and guide research and trading software development projects
• Mentor Junior Traders and promote their learning on the desk
• Help steer recruitment initiatives to advance the growth and development of the team

Required qualifications

• Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
• Minimum five (5) years of work experience in the trading industry
• Programming proficiency and experience (C++, Python)
• Passion for math and software applied to markets and trading
• Expert understanding of computing, math, probability, statistics, and finance
• Strong work ethic and willingness to do what it takes to get the job done
• Excellent verbal and written communication skills
• Ability to work within a team in a fast-paced environment

Nice to have

• Proficiency and experience in Linux scripting

Benefits

• Generous profit sharing programs
• World-class benefits for full-time employees and their families

About the company

TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago founded in 1980. It has an entrepreneurial culture and uses next-generation technology to capture opportunities and manage risk.