Exotic Options Trader

Join Jane Street, a leading global trading firm, as an Exotic Options Trader. In this dynamic role, you will be responsible for trading complex options strategies, analyzing market movements, and working closely with our quantitative research teams to develop innovative trading solutions.We are looking for highly analytical individuals who thrive in a fast-p…

Maven Securities Holding Ltd is a leading, employee-owned proprietary trading firm that utilizes internal capital to implement discretionary, systematic, and market-making strategies. We pride ourselves on exclusively managing our own capital, achieving remarkable returns on equity since our inception, and fostering a highly collaborative, entrepreneurial culture. THE ROLE We are seeking a driven and innovative Equity Options Quant Trader to become a vital part of our Vol Alpha Trading Team. This full-cycle quant trader role operates within a semi-systematic desk that focuses on statistical arbitrage relative value volatility, flow-aware volatility position taking, and opportunistic dispersion trades, primarily within the US equity options market. The team is dedicated to an investment strategy that emphasizes informed position-taking, leveraging statistical analysis and market flow observations. The ideal candidate will be instrumental in the daily operations and future development of the desk as we expand our volatility strategy offerings and operational capabilities across various products. This position is ideal for candidates with quantitative research or trading backgrounds within a large volatility desk who are eager to transition into a hands-on buy-side risk-taking role that employs statistical methods to generate alpha, while maintaining a comprehensive understanding of the factors driving alpha performance. The successful candidate will engage in the entire investment process from market intuition and alpha discovery to trade execution, thereby making a significant impact on the desk's success and gaining substantial ownership in PnL. RESPONSIBILITIES Monitor and analyze market flow to identify pricing dislocations. Interpret other market participants’ positions to uncover trading opportunities. Conduct research and backtesting on pricing structures, volatility curves, term structures, relative value, and dispersion trades. Contribute to alpha discovery through a blend of market dynamics observations and quantitative research tools. Participate actively in trading and risk management of a diverse equity options portfolio within a collaborative team environment. Engage in the desk’s strategic expansion into a broader range of alpha and systematic strategies. Oversee the complete investment cycle from intuition and research to execution. Collaborate with infrastructure and development teams to enhance electronic trading execution and reduce dependencies.

Join our dynamic team at Jane Street as a Single Stock Options Trader. In this role, you will engage in trading and managing single stock options, utilizing your analytical skills to make data-driven decisions. You will collaborate closely with a team of experienced traders and quantitative researchers to enhance our trading strategies and optimize performance.

Join Point72, a leading global asset management firm, as a Trader. In this dynamic role, you will be responsible for executing trades and managing a portfolio to maximize returns. Your analytical skills and market insights will be key to driving investment strategies and making informed decisions.

Join a prestigious Tier 1 Investment Bank as a vital member of the OTC Exotics Sales Support team. This role is integral to the Sales and Trading operations, ensuring precise trade capture, enrichment, lifecycle management, and settlement readiness for sophisticated OTC products. The ideal candidate will adeptly address unresolved, time-sensitive issues, swiftly identify root causes, and take charge of coordinating resolutions across various teams, internal functions, and external counterparties.Key ResponsibilitiesAct as the primary Sales Support contact for OTC options trades, collaborating closely with Sales, Trading, and key internal stakeholders.Proactively manage trade and lifecycle issues that are stalled in downstream teams, driving root-cause analysis and resolution.Serve as the escalation point for settlement issues involving key clients.Demonstrate expertise in trade enrichment and settlement lifecycle to support the front office effectively.Engage confidently with senior stakeholders for escalations when necessary.Provide comprehensive support for OTC Vanilla and Exotic Options.Capture and integrate trade allocations from diverse sources into the firm's risk and trade processing systems.Ensure complete enrichment of trades to facilitate downstream processing, confirmations, and settlements.Coordinate with Onboarding, COO, BURM, Sales, and Operations teams to ensure new clients and accounts are established and approved for execution.Act as a central accountability point to ensure resolution timelines are met and issues are addressed promptly.Manage workflows, coordinating approvals and consents across necessary control groups prior to execution.Support a variety of OTC lifecycle events, ensuring accuracy and control throughout the processes.Oversee Markit Wire matching, confirmations, and trade flow issues related to supported products.Communicate with counterparties and internal teams to guarantee timely resolution and reduced risk exposure.Utilize strong relationships with clients and internal teams to resolve settlement discrepancies efficiently and professionally.Collaborate with Operations and Middle Office teams to minimize recurring issues and enhance processes.

Join our dynamic Flow and Exotic UK Equity Derivative Sales team as an OTC Exotics Sales Support Specialist. This pivotal role involves close collaboration with the trading floor, allowing for rapid issue resolution and streamlined processes. You'll take ownership of tasks while working seamlessly with sales and operations, ensuring effective communication and efficiency in a high-pressure environment.Key ResponsibilitiesProactively address unresolved issues, identify root causes, and coordinate solutions for swift resolution.Demonstrate experience with OTC vanilla and exotic options.Experience with listed options and equity swaps is desirable.Manage trade allocations, optimizing processes and considering migration to STP Block Allocation models.Coordinate client onboarding processes in collaboration with various teams to ensure readiness for trade execution.Facilitate novations by securing necessary consents from relevant groups.Resolve matching and trade flow issues on MarkitWire.Act as an escalation point for settlement issues with key clients, leveraging your client relationships for effective resolution.

Join our dynamic and innovative Portfolio Management team at Statkraft as a Portfolio Structured Trader. This is a unique opportunity to work alongside some of the best professionals in the industry on the UK Power desk.As a Portfolio Structured Trader, you will collaborate with traders and analysts to:Originate structured deals that effectively manage our complex risks (vBESS, vWind, vSolar, vPeakers).Price and evaluate the risk and return on new structured deals.Execute structured transactions, navigating Statkraft’s New Product Process.Collaborate with the Portfolio Management team to manage positions arising from the portfolio, including structured trades.Develop hedging strategies using both vanilla and structured products to mitigate risks within the portfolio.Support the UK power desk by managing market positions together with the traders.Work closely with the quantitative team to drive the development of new tools and enhance existing ones.Create and implement strategies to maximize trading value across our books.Proactively address new and complex challenges as they arise, ensuring timely and effective solutions with the traders.This role provides an exceptional chance to be part of a value-driven team known for its success in managing complex portfolios over many years.

Join our dynamic trading initiative in London as we expand our focus on listed commodities options. This venture is backed by a combination of our internal talent and seasoned external professionals. With a collaborative and entrepreneurial spirit, our team offers an exceptional chance to influence and grow a new trading desk from its inception. Our group marries extensive expertise with diverse trading experiences while valuing innovation, accountability, and cross-functional teamwork. As the desk evolves, you will find ample opportunities to assume greater responsibilities and significantly impact our success.

About Us:With over 15 years of experience, DV Trading is a Chicago-headquartered proprietary trading firm that has expanded to more than 450 professionals across North America and Europe. Since our establishment as an independent entity in 2016, we have leveraged our capital, innovative trading strategies, and robust risk management practices to provide liquidity to global financial markets and hedging solutions for commodity producers and users. Our affiliates include two broker-dealers, a cryptocurrency market-making firm, and a growing investment advisory service.Within DV Group, our DV Commodities division focuses on trading in diverse commodities markets such as crude oil, refined products, natural gas, power, emissions, metals, soft commodities, and agriculture. With state-of-the-art technology and a team of skilled traders, DV Commodities is recognized as one of the leading liquidity providers and risk allocators in the energy and commodities sectors, operating over 35 desks with staff in London, New York, Chicago, Houston, and Dubai.Overview:As a Junior Direct Trader, you will collaborate with our direct trading team primarily in a business development role. This position offers the opportunity to gain in-depth knowledge of the oil and gas industry while establishing a network of trading counterparties. You will learn our trade methodologies and proprietary systems, as well as develop essential business development and sales techniques. Your role will involve reaching out to global counterparties with a focus on Asia and the Middle East, fostering relationships with key decision-makers, and conducting detailed discussions to finalize trading agreements.

Join our dynamic trading initiative in London, where we are expanding our focus on listed commodities options. This initiative is fueled by a combination of talented internal team members and seasoned external professionals. In our collaborative and entrepreneurial environment, you have a unique chance to help shape and scale a new desk from its inception. Our team boasts extensive expertise and diverse trading experience, prioritizing innovation, accountability, and cross-functional collaboration. As our desk evolves, you will find increasing opportunities to assume broader responsibilities and significantly contribute to our success.

Senior Trader - DV Equities About Us:Established over 15 years ago and based in Chicago, the DV Group has expanded to encompass over 450 professionals across North America, Europe, the Middle East, and Asia. Since its independence from a larger brokerage firm in 2016, DV Trading has swiftly evolved into a prominent proprietary trading firm, leveraging its own capital, innovative trading strategies, and robust risk management practices to enhance liquidity in global financial markets and provide hedging solutions for commodity producers and consumers. Today, our affiliates include two broker-dealers, a cryptocurrency market-making entity, and a dynamic investment advisory firm.

Position Overview: Join our prestigious global trading team as a Senior Discretionary Trader, where you will play a pivotal role in the design and execution of innovative discretionary and semi-systematic trading strategies. This is a remarkable opportunity to enhance and expand Squarepoint’s discretionary trading operations. In this role, you will identify, assess, and capitalize on new trading prospects while working closely with our Quantitative Researchers and fellow Discretionary Traders, utilizing our exceptional research platform. Our discretionary strategies span across Equities, Commodities, Rates/FX, and Credit, including Volatility across multiple asset classes. Conduct in-depth analysis, research, and implementation of discretionary trading strategies. Engage with trading and risk management teams to ensure comprehensive understanding of strategies and associated risks. Collaborate with Traders, Analysts, and Quantitative Researchers worldwide. Contribute to the enhancement of analytical tools and methodologies. Utilize both internal data and research tools along with external resources and partnerships. Mentor and develop junior discretionary traders to elevate their skills and effectiveness.

About Verto Verto aims to make global finance accessible for all, with a focus on empowering businesses in Emerging Markets to connect internationally. Founded by Ola Oyetayo and Anthony Oduu, Verto understands the challenges of cross-border payments: illiquid currencies, high fees, and slow transfers. This perspective shapes a strong commitment to Africa and a mission to bridge the gap between emerging and developed markets. Starting as a solution for the Nigerian Naira, Verto has grown into a platform supporting thousands of businesses and handling billions in transfers each year. The company believes that business location should not limit growth or access to efficient payment and liquidity solutions. Verto is backed by investors such as Y-Combinator, Quona, and MEVP. The company has received recognition from the Milken-Motsepe Prize, CNBC's fastest-growing UK companies list, Deloitte Fast 50, and Sifted’s fastest-growing UK tech companies. Role Overview The Senior Foreign Exchange Trader will lead trading initiatives across complex and high-growth currency corridors. This London-based role centers on optimizing P&L performance for key Emerging Market books, expanding Verto's liquidity network, and improving the automated trading ecosystem. The Senior FX Trader will use experience in market making and risk management to deliver reliable liquidity for global clients and help institutionalize FX access in frontier markets. Main Responsibilities Grow P&L sustainably by managing a high-velocity flow book, balancing institutional liquidity with platform-driven demand to capture optimal spreads. Lead market-making strategies in illiquid corridors (such as NGN, KES, TZS), establishing Verto as a trusted price-maker during periods of volatility and market openings. Improve portfolio yield through strategic trading decisions and sound risk management.

About Us:Established over 15 years ago and based in Chicago, DV Trading is a leading independent proprietary trading firm that has rapidly expanded its operations to over 500 staff across North America, Europe, the Middle East, and Asia. Emerging from a larger brokerage in 2016, we utilize our own capital and innovative trading strategies to deliver liquidity and hedging solutions in the global financial markets. Our diverse portfolio now includes two broker dealers, a cryptocurrency market-making entity, and a growing investment advisory service.Position Overview:We are on the lookout for a Global Currency Hedge Trader to effectively manage and optimize the foreign exchange (FX) exposure generated by a substantial global equities trading platform. This critical role involves systematically identifying, modeling, and hedging currency risks that stem from a multi-currency equity portfolio.The selected candidate will be a highly quantitative trader adept at designing and implementing models to dynamically optimize hedge ratios, reduce currency exposure, and manage execution across various global FX markets. Positioned closely to the trading desk, this role entails establishing a systematic framework for managing FX risk associated with global equity flows.Ideal applicants will possess experience from a top proprietary trading firm, hedge fund, or bank FX desk and have a strong background in managing institutional-level currency exposures.

About Man GroupMan Group is a leading global alternative investment management firm dedicated to delivering exceptional investment performance for sophisticated clients through our Systematic, Discretionary, and Solutions offerings. Leveraging our talented professionals and cutting-edge technology, we implement single and multi-manager investment strategies grounded in rigorous research, spanning public and private markets across all significant asset classes, with a pronounced emphasis on alternatives. We pride ourselves on our partnership approach, fostering deep relationships and crafting customized solutions to achieve the investment objectives of our clients and the millions of retirees and savers they represent.Based in London, we manage approximately $227.6 billion in assets and maintain a presence in multiple global offices. Man Group plc trades on the London Stock Exchange under the ticker EMG.LN and is part of the FTSE 250 Index. More information can be found at www.man.com.* As of 31 December 2025The Team:The Global Trading team is responsible for executing trades across all asset classes and regions for Man Group’s investment strategies. Comprising over 30 traders from five trading hubs (London, NYC, Boston, Hong Kong, Shanghai), our team blends the best of quantitative and discretionary trading expertise. Purpose of Role:The Senior Trader will play a vital role on the trading desk, ensuring the efficient and cost-effective execution of orders across various asset classes. Collaborating closely with portfolio managers, quantitative researchers, and technologists, the successful candidate will guarantee optimal execution while providing market intelligence and strategic insights to enrich the overall investment process. This high-impact, senior position demands extensive market knowledge, leadership skills, and a robust understanding of both systematic and discretionary trading environments.Responsibilities:Policies and ProceduresUnderstand and comply with all Global Compliance policies, internal procedures, and risk management protocols.

Teza Technologies is actively seeking a highly skilled Senior Quantitative Researcher to become an integral part of our Options stream. This position calls for exceptional analytical capabilities, a steadfast dedication to excellence, and a fervor for identifying hidden patterns within data sets. If you are motivated by intellectual challenges and excel in tackling intricate problems, this role provides an extraordinary opportunity to advance your career.Our team cherishes determination, precision, and the capacity for both critical and creative thinking. Although the work is rigorous, the rewards are substantial, impacting your contributions and facilitating your growth in our collaborative, high-performance environment. We value autonomy and offer the freedom to develop cutting-edge algorithms in finance while emphasizing the vital aspect of effective communication.LocationLondon, UK (Hybrid mode with a requirement of 3 days in-office)Key ResponsibilitiesSpearhead the research and development of systematic options trading strategies across both US and global markets.Utilize advanced options pricing models, volatility surface modeling, and risk-neutral frameworks to generate alpha.Perform rigorous backtesting, stress testing, and statistical validation of strategies.Collaborate with technologists to translate research into production-ready trading systems with robust execution.Refine portfolio construction and risk management frameworks for options books.Contribute to the advancement of Teza’s options research platform, infusing innovation into live strategies.Mentor junior researchers and drive the continuous enhancement of research practices, infrastructure, and tools.Basic RequirementsDegree in Physics, Mathematics, Computer Science, Engineering, or another technical discipline.Strong mathematical skills in statistics, linear algebra, optimization, etc.A minimum of 4 years of quantitative research or trading experience in systematic trading.Extensive expertise in options, including volatility surface and derivatives pricing methods.Proficient programming skills in Python, with experience managing large, complex datasets.Solid understanding of risk management principles in derivatives trading.Ability to collaborate effectively across research and technology teams.

About Us:DV Trading is a dynamic proprietary trading firm based in Chicago, with over 15 years of experience in the financial services industry. With a workforce of more than 450 professionals across North America and Europe, we have established ourselves as a key player in the global trading landscape. Since our independence in 2016, we have leveraged our own capital, innovative trading strategies, and advanced risk management techniques to provide unparalleled liquidity and hedging solutions in the commodity markets.As part of the DV Group, our Commodities division specializes in trading a wide array of markets, including crude oil, natural gas, power, metals, and agricultural products. Our commitment to excellence, cutting-edge technology, and a team of skilled traders have positioned us as one of the largest liquidity providers and risk allocators in the industry. To learn more, visit DV Commodities.

About WintermuteWintermute Trading is a pioneering technology firm and a leader in algorithmic trading, focusing on digital assets. We excel in providing liquidity across numerous cryptocurrency exchanges and trading platforms, offering a diverse array of OTC trading solutions. Additionally, we support prominent blockchain initiatives and assist traditional financial institutions in their transition to the crypto space. Our Wintermute Ventures division actively invests in promising early-stage DeFi projects.Founded in 2017, Wintermute has adeptly navigated the fluctuations of the industry. Our culture merges the technological exigencies of high-frequency trading firms with the innovative spirit typically found in startups. We are staunch believers in the transformative potential of blockchain technology and maintain a long-term vision for the digital asset market, positioning ourselves as leaders in developing an innovative and compliant market. You can learn more about us here.Join Our DeFi TeamWe are continually seeking talented individuals to enhance our DeFi team. Whether you are a developer, trader, or a recent graduate, we would love to hear from you. Your role will be pivotal in building and maintaining the systems that drive our on-chain trading strategies. You will be responsible for both the design and implementation of trading strategies, as well as developing the core microservices and backend infrastructure that support our trading engine.Our trading operations are heavily technology-driven, and our traders act as programmatic problem solvers. Like many innovators in this field, this position requires versatility, as you will be contributing to various codebases in multiple programming languages while exploring the frontiers of design within the ecosystem.We take pride in fostering a cohesive and collaborative team environment, where you will work closely with experienced traders and developers who will mentor you on enhancing our systems. Team members are encouraged to cultivate their own narratives, challenge one another, and explore new domains together.

Join Our Team at WintermuteAs a leading technology unicorn and one of the foremost algorithmic trading firms in the digital assets space, Wintermute is at the forefront of cryptocurrency liquidity provision across major trading platforms. We specialize in offering a wide array of OTC trading solutions and are committed to advancing high-profile blockchain initiatives alongside traditional financial institutions transitioning into the crypto ecosystem. Additionally, our Wintermute Ventures division invests in pioneering DeFi projects.Since our inception in 2017, Wintermute has adeptly navigated the ever-changing landscape of the cryptocurrency market. We pride ourselves on blending the rigorous technology standards of high-frequency trading firms with the dynamic and innovative culture characteristic of technology startups. Our vision is rooted in the transformative potential of blockchain, and we are dedicated to shaping a compliant and progressive market for digital assets. Discover more about us here.Position OverviewWe are looking for a skilled C++ Developer to join our expanding options trading team—one of the largest electronic trading desks within the crypto options market. In this pivotal role, you will work closely with our traders to develop high-performance, scalable options trading systems. Your engagement will span the full options stack, promoting business growth across centralized finance, decentralized finance, and OTC. The ideal candidate will demonstrate strong problem-solving abilities and thrive in a fast-paced environment.

About Us: DV Trading LLC is a dynamic proprietary trading firm, established over 15 years ago and headquartered in Chicago, with a growing presence across North America and Europe. Since our independence in 2016, we have expanded rapidly, leveraging our own capital and innovative trading strategies to offer liquidity to global financial markets while providing hedging solutions for commodity producers and consumers. Our affiliates encompass two broker-dealers, a cryptocurrency market-making firm, and a burgeoning investment advisory service.Key Responsibilities:Collaborate closely with senior traders to gain insights and develop trading acumen.Acquire knowledge of proprietary trading methodologies and systems that underpin our established trading operations.Engage in real-time risk management through trade entry and risk mitigation strategies.Develop and uphold trading models that enhance our trading capabilities.Refine existing trades and actively seek out new trading opportunities.Act as a liaison between the trading team, internal departments, and OTC partners.Additional responsibilities will evolve based on individual interests and unique skills.