At a Glance
- Tasks: Analyse market behaviour and develop quantitative models for trading performance.
- Company: DRW, a leading diversified trading firm with a global presence.
- Benefits: Competitive salary, innovative work environment, and opportunities for professional growth.
- Other info: Collaborative culture that values curiosity, integrity, and innovation.
- Why this job: Join a dynamic team at the forefront of trading technology and make an impact.
- Qualifications: Degree in a quantitative field and strong programming skills, especially in Python.
The predicted salary is between 54000 - 66000 £ per year.
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.
We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.
S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets.
We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it.
DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
We are seeking a
Quantitative Trading Analyst to join our European Equity Index Options desk.
This role sits at the intersection of quantitative research, trading, and technology, supporting a high-performance options market-making business.
You will work closely with traders, quantitative researchers, and software engineers to develop analytical tools, improve pricing models, analyze market dynamics, and optimize trading performance.
This is an excellent opportunity for a highly analytical individual with strong quantitative and programming skills who is excited by fast-moving markets and enjoys solving challenging problems using data.
- What You’ll Do
- Partner with traders to analyze market behavior, volatility dynamics, and trading performance across European equity index options.
- Develop quantitative models and analytical tools to improve pricing, risk management, and execution.
- Analyze large datasets to identify trading opportunities, market inefficiencies, and performance drivers.
- Build dashboards and visualizations that provide actionable insights into desk performance and market conditions.
- Design and maintain research pipelines for testing new trading ideas and strategies.
- Monitor live trading metrics and investigate anomalies or unexpected market behavior.
- Collaborate with software engineers to automate workflows and improve trading infrastructure.
- Assist in the evaluation and deployment of new quantitative models into production.
- Conduct post-trade analysis and contribute to continuous improvement of the desk's trading strategies.
- What We’re Looking For
- Bachelor's, Master's, or Ph D in Mathematics, Statistics, Physics, Computer Science, Engineering, Economics, or a related quantitative discipline.
- Familiarity with European equity index products or similar markets.
- Strong programming skills in Python; experience with C++, Java, or other high-performance languages is a plus.
- Knowledge of derivatives, options pricing, volatility modeling, or quantitative finance.
- Solid understanding of probability, statistics, linear algebra, and optimization.
- Experience working with large datasets and writing efficient data analysis code.
- Strong problem-solving skills with exceptional attention to detail.
- Excellent communication skills and the ability to explain quantitative concepts to both technical and non-technical colleagues.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at
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Quantitative Trading Analyst - Equity Options in London employer: Drweng
At DRW, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our commitment to employee growth is evident through tailored mentorship programmes and opportunities for professional development, particularly in the fast-paced environment of university talent acquisition. Located in vibrant hubs across EMEA and APAC, we offer a unique chance to engage with top graduates while enjoying a collaborative atmosphere that values innovation and creativity.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading Analyst - Equity Options in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Drweng. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Quantitative Trading Analyst - Equity Options in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Drweng.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Drweng's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Drweng
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Drweng.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Drweng employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.