What are the responsibilities and job description for the High-Frequency Quantitative Trader position at Anson McCade?
We are a leading proprietary trading firm headquartered in Chicago. With connectivity to all major exchanges and a market-leading trading platform, they provide a robust infrastructure tailored for latency-sensitive strategies.
The Role:
The firm are seeking a High-Frequency Quantitative Trader to establish and lead a new trading desk. This is an opportunity to operate within a high-performing environment while having the autonomy to shape a successful trading unit. The role is open to highly skilled individual traders or established independent teams with proven strategies.
Responsibilities:
- Develop, deploy, and optimize high-frequency trading strategies across liquid cash equities, futures, and/or FX.
- Utilize advanced market connectivity and technology to execute latency-sensitive strategies.
- Monitor and refine algorithms to maximize profitability while minimizing risk.
- Lead or collaborate with a team to achieve optimal performance and efficiency.
- Manage and scale the trading desk, ensuring alignment with firm-wide goals.
Requirements:
- A proven track record in developing and executing high-frequency trading strategies with a Sharpe ratio of 5 and high return on capital (ROC).
- Expertise in liquid asset classes such as cash equities, futures, or FX.
- Strong academic background, ideally in quantitative disciplines such as Mathematics, Physics, Computer Science, or Engineering.
- Proficiency in programming, such as Python, C , or Java.
- Deep understanding of market microstructure and algorithmic execution.
- Experience in working with or managing low-latency trading strategies.
What They Offer:
- Access to a state-of-the-art trading platform, optimized for high-frequency and latency-sensitive strategies.
- Comprehensive connectivity to global markets and exchanges.
- Competitive remuneration structure with uncapped earning potential tied to performance.
- An entrepreneurial environment with the support of industry-leading technology and infrastructure.
- The opportunity to build and scale your own trading desk or team within an established, well-resourced firm.
Salary : $150,000 - $250,000
