Senior Index Options Trader

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an experienced Index Options Trader. Responsibilities: Managing a portfolio of listed options products Collaborating with other traders and quantitative researchers to optimize existing strategies Working with developers to improve systems, latency, and execution Identifying and monetizing new trading opportunities Mentoring junior traders and/or quantitative researchers Qualifications: 3+ years of experience on a high volume share index options market-making desk Expertise in capturing opportunities from both short-term and long-term dislocations in volatility pricing Deep understanding of the risks involved in managing a large index options portfolio Experience in operating, optimizing, and iteratively improving distributed automated trading systems Knowledge of various exchange protocols to achieve best execution Ability to work in a fast-paced, high-pressure environment Passion and drive to take a leading role in a growing options business Relevant programming experience, preferably in Python and/or C++ Excellent attention to detail Anticipated New York annual base salary range $120,000-180,000, plus eligible for discretionary bonus Benefits Tower is headquartered in New York City, and has offices around the globe. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include: 5 weeks of paid vacation plus paid holidays Free breakfast, lunch, and snacks on a daily basis Reimbursement for health and wellness expenses Free events and workshops Donation matching program Tower Research Capital is an equal opportunity employer.

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