High-Frequency Quantitative Trader

$150,000 – $250,000 + Market-Leading Formulaic Bonuses

Location: United States (Illinois – Chicago, Illinois) Type: Permanent

My client is 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.

Reference: AMC/RSP/NW/HFTC