At a Glance
- Tasks: Execute options trades and manage trading risk on a dynamic desk.
- Company: Join a leading proprietary trading firm with a vibrant team of over 20 experts.
- Benefits: Enjoy competitive salary, growth opportunities, and visa sponsorship.
- Why this job: Be part of an innovative trading environment that values data-driven strategies and teamwork.
- Qualifications: 3-7 years in options market-making with strong execution skills required.
- Other info: Open to candidates willing to relocate to London.
The predicted salary is between 48000 - 84000 £ per year.
Job Description
Options Trader (Market-Making Execution)
Location: London, UK
Seniority: Mid-level
Our client is a top, growing proprietary trading firm seeking an experienced, execution-focused options market-maker trader to join a growing trading desk in London. The desk has more than 20 quantitative traders, researchers and developers that are running a wide variety of strategies 24 hours a day.
Position Overview:
This role is based on a rates trading desk with exposure to both Euribor and SOFR options. While the primary focus is on these instruments, the client is flexible regarding the asset class, provided the candidate brings solid experience in options market-making and is confident executing trades via both voice and electronic platforms. Please note, the client is only accepting submissions from candidates who have experience working at a recognised options market-making trading firm, and will NOT consider applications from candidates that have only worked only at investment banks or other types of companies.
Key Responsibilities:
- Execute options trades both electronically and via voice.
- Independently manage trading risk and make informed positioning decisions.
- Manage risk and positioning decisions during London trading hours.
- Work closely with the broader trading and research team to shape strategies and improve desk performance.
Ideal Candidate Profile:
- 3–7 years of hands-on options market-making experience, ideally gained at a top-tier trading or market-making firm.
- Deep understanding of execution processes and market structure both via voice and electronically.
- Strong interpersonal and communication skills, with the ability to engage effectively with fellow traders, quantitative researchers, and technologists.
- Proven ability to foster and maintain productive professional relationships.
- An analytical mindset with a keen interest in leveraging data and quantitative tools to enhance trading strategies.
- Team-oriented with a high level of drive and initiative.
- Based in London or open to relocating there (visa sponsorship can be provided).
What the client will provide:
- Great growth opportunities and the chance to work with some of the best traders in their space.
- Visa sponsorship.
- A very competitive salary.
Options Market Maker - Execution Trader employer: AAA Global
Contact Detail:
AAA Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Options Market Maker - Execution Trader
✨Tip Number 1
Network with professionals in the trading industry, especially those who have experience in options market-making. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in execution trading.
✨Tip Number 2
Familiarise yourself with the specific trading platforms and tools used in options market-making. Being well-versed in both electronic and voice execution methods will give you an edge during interviews and demonstrate your readiness for the role.
✨Tip Number 3
Stay updated on market trends, particularly regarding Euribor and SOFR options. Understanding the current market dynamics will not only help you in interviews but also show your genuine interest in the position and the firm.
✨Tip Number 4
Prepare to discuss your previous experiences in managing trading risk and making positioning decisions. Be ready to provide specific examples that highlight your analytical mindset and ability to work collaboratively with a team.
We think you need these skills to ace Options Market Maker - Execution Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 3-7 years of options market-making experience. Focus on relevant skills such as execution processes, risk management, and your ability to work with both voice and electronic platforms.
Craft a Strong Cover Letter: In your cover letter, emphasise your analytical mindset and how you leverage data to enhance trading strategies. Mention your interpersonal skills and your experience in fostering professional relationships within trading teams.
Showcase Relevant Experience: When detailing your previous roles, provide specific examples of how you've managed trading risk and made informed positioning decisions. Highlight any experience you have with Euribor and SOFR options, as this will be particularly relevant.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in the trading industry.
How to prepare for a job interview at AAA Global
✨Showcase Your Market-Making Experience
Be prepared to discuss your previous roles in options market-making. Highlight specific examples of trades you've executed and the strategies you employed, especially focusing on your experience with Euribor and SOFR options.
✨Demonstrate Your Analytical Skills
Since the role requires an analytical mindset, be ready to explain how you've used data and quantitative tools in your trading decisions. Consider bringing examples of how your analysis has led to successful outcomes in past positions.
✨Communicate Effectively
Strong interpersonal skills are crucial for this role. Practice articulating your thoughts clearly and concisely, as you'll need to engage with traders, researchers, and technologists. Prepare to discuss how you've built and maintained professional relationships in your career.
✨Understand the Trading Environment
Familiarise yourself with the current market conditions and trends related to options trading. Being knowledgeable about the latest developments will show your commitment and readiness to contribute to the team from day one.