About us
Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.
What you'll do:
- Proactively manage positions for multiple asset classes during the overnight shift (12 AM to 8 AM)
- Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
- Build and refine algorithmic trading models from ideation through production deployment
- Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
- Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
- Manage real-time risk across a diversified portfolio of options positions
Qualifications and skills:
- Previous experience trading (1-3 years) with a proven track record of success managing an options market making book
- BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
- Exceptional attention to detail
- Excellent quantitative and analytical skills
- Ability to take on many responsibilities quickly with a high degree of operational excellence
- Python programming skills are a plus, but not required
Why Edgehog:
- Small team advantage: Direct access to founders and senior team members from day one
- Ownership early: Manage real P&L and make meaningful impact within your first year
- Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
- Tight feedback loops: Weekly 1-on-1s with your mentor, quarterly reviews with leadership
- Chicago-based: Affordable cost of living, vibrant trading community
Benefits:
- Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
- 401(k) with a 4% company match
- Unlimited paid time off and sick leave
- Free lunch, coffee, drinks, and snacks
- Commuter benefits
- Monthly happy hours and annual team events
The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.
The base salary for this role is 150,000 USD per year