What are the responsibilities and job description for the Experienced Individual Equity Options (IEO) Trader position at Belvedere Trading, LLC?
Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
As an Individual Equity Options (IEO) Trader, you will play a critical role in developing and executing trading strategies for single equity names within Belvedere's Index, ETF, and equity options team. You will leverage your analytical skills, quantitative mindset, and strong market intuition to identify opportunities and manage risk in a dynamic trading environment.
What You'll Do
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here .
How We Operate - Core Values
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence.
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures.
Iterative Innovation: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks.
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress.
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.
Our Stance
Belvedere is an Equal Opportunity Employer committed to a non-discriminatory workplace. We promote diversity and equal opportunity for all employees and applicants, fostering an inclusive environment where all team members are treated with respect, dignity, and courtesy. We value a dynamic culture where diverse backgrounds, experiences, and perspectives thrive.
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
As an Individual Equity Options (IEO) Trader, you will play a critical role in developing and executing trading strategies for single equity names within Belvedere's Index, ETF, and equity options team. You will leverage your analytical skills, quantitative mindset, and strong market intuition to identify opportunities and manage risk in a dynamic trading environment.
What You'll Do
- Become a leader in options market-making, while being recognized and compensated for your contributions within the firm.
- Participate in formal education on quantitative concepts to build your trading knowledge.
- Execute trades in a fast-paced environment with precision and a focus on maximizing profitability.
- Excel in market-making on a highly collaborative team and actively provide liquidity across multiple markets while ensuring efficient pricing and risk management.
- Execute strategy development and collaborate with the team to design and implement trading strategies in the highest volume names.
- Provide analytics & insights to analyze market data to identify trends, mispricing, and emerging opportunities within the IEO space.
- Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
- Collaborate with technologists, quants, and traders to systematize models and trading strategies.
- Ensure risk management by monitoring and managing positions within risk limits.
- 1-3 years of trading experience, ideally in single-stock options, index, or ETF trading.
- Bachelor's degree or higher, preferably in Finance, Economics, Mathematics, Engineering, Computer Science, or a related discipline.
- Strong quantitative and analytical background; familiarity with market microstructure and pricing.
- Proficiency in programming languages such as Python, R, or SQL, with the ability to work with large datasets and develop models.
- Ability to make high-stakes decisions under pressure in a fast-paced environment.
- A team-oriented mindset with excellent communication skills.
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here .
How We Operate - Core Values
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence.
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures.
Iterative Innovation: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks.
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress.
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.
Our Stance
Belvedere is an Equal Opportunity Employer committed to a non-discriminatory workplace. We promote diversity and equal opportunity for all employees and applicants, fostering an inclusive environment where all team members are treated with respect, dignity, and courtesy. We value a dynamic culture where diverse backgrounds, experiences, and perspectives thrive.
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None
Salary : $150,000 - $200,000
