With a focus on providing liquidity in the US listed options market, the Automated Volatility Trading (AVT) team offers our clients various market making and taking strategies in the options space as well as in the cash equity space. The AVT business has three main groups that work together every day: trading and risk management, strategy research and development, and technology development and infrastructure. Leveraging our proprietary technology that manages delta hedging, you will directly impact the group’s market making activities.
What to expect
Expect to learn how to be successful as an options market maker in today's fast-paced electronic markets. You will work alongside experienced senior traders, rapidly learning what drives profit and loss in the business, including our daily trading activity, hedging and risk management activities across all major exchanges, covering every sector of the U.S. economy. You’ll be an integral part of the team from the very beginning, responsible for tasks including:
- Trading cash equities and options
- Adjusting system controls based on real-time market activity
- Researching new trading opportunities
- Making desk-level options exercise decisions
- Interfacing with our technology developers to enhance system capabilities and automating tasks that can be streamlined
How you'll develop
From day one, you’ll build the skills and experience you need for a successful career. Our seven-week Initial Training Program is an intensive training program designed to welcome you to the firm and jumpstart your knowledge of financial markets before you start on the desk.
After that, our Continued Learning program is a three-phase training scheme designed to broaden and deepen your understanding of the firm’s products and people, as well as developing the technical, product, role-specific and soft skills necessary for success on the desk.
The first phase of Continued Learning equips you with product knowledge across asset classes, as well as systems training to help you work efficiently. In the second phase, you’ll get a real understanding of how interconnected our Markets and Research businesses really are. Plus you’ll attend small group training sessions focused on the unique skill sets required to perform your specific role. The final phase focuses on technical and soft skills training that will help you excel on the desk.
Throughout your time as an Analyst, a dedicated Program Management team will provide detailed performance coaching and development opportunities to keep your progress on track. You will also find plenty of opportunities to expand your network and develop your leadership skills.
Who thrives here
A passion for finance and willingness to work hard are key to success. Some software programming experience, preferably in Java or C++, is required. Beyond that, resourcefulness, team-orientation, strong communication skills and an entrepreneurial spirit are also helpful.