logo inner

OPTIONS TRADER

XR TradingChicago, Illinois, United StatesRemote, Onsite
This job is no longer open
ApplyJob Type
Full-timeDescriptionXR Trading is a proprietary trading firm with employees in the Netherlands, Singapore, UK and US. XR participates in a wide variety of marketplaces including global futures, equities, commodities, options, fixed income, and cryptocurrencies. Our culture emphasizes teamwork and focuses on continuous integration and test-driven development.

Job Function & Responsibilities


  • We are seeking a talented and self-motivated Options Trader to join our options trading team
  • The ideal candidate would have an interest and experience in options trading. This candidate would work with the existing highly skilled options team and will be charged with helping maintain and extend the firm’s options volatility modeling. 

Location


  • Work location is generally flexible and subject to approval

Education


  • Bachelor’s degree in a technical area such as electrical engineering, computer science, or mathematics 

Required Experience & Skills


  • Values teamwork and is capable of thinking independently
  • Can communicate effectively while under pressure
  • Can adapt to changing situations with ease
  • 4+ years’ working experience in options trading
  • Has demonstrated the ability to use sound judgment while trading
  • Proven ability to develop new, profitable trading strategies
  • Strong familiarity with options and derivatives 
  • Experience developing an automated trading platform 
  • Ability to develop options trading strategies
  • Track record of conducting and applying quantitative research to options trading
  • Track record of integrating alpha signal research into options trading systems
  • Track record of taking initiative and owning the outcome of core problems related to a trading system
  • In depth knowledge of market microstructure
  • In depth understanding of volatility dynamics and volatility modelling
  • Index options market making experience a plus
  • Candidate is highly proficient in Python and has solid working knowledge of C++

Please note: only individuals whose qualifications match our current needs will be contacted for further screening and/or interviews. XR Trading does not hire candidates who are currently on a student visa or who now or in the future will require XR to sponsor them for employment visa. Thank you for your interest in XR Trading!Below is the expected base salary range for this position. This position is also eligible for an annual discretionary bonus as additional compensation as well as company benefits listed below.

Base Salary Range


  • $130,000 - $180,000 USD

XR’s Company Benefits Package


100% Employer-Paid


  • Medical Coverage
  • Dental Coverage
  • Health Savings Account
  • $50,000 Life Insurance Policy
  • Short-term Disability Insurance
  • Long-term Disability Insurance
  • Employee Assistance Program

Flexible Spending Accounts


  • Dental
  • Vision

401(k) Retirement Savings Plan


  • XR matches 50 cents to every dollar employee contributes

Pre-tax Transit Benefits


  • $50 stipend for each month
  • Annual reimbursement for bike sharing programs

Paid Time Off


  • Generous Annual Vacation and Sick Time
  • Maternity, Paternity and Adoptive Parent Leave

Continued Education


  • Tuition Reimbursement for relevant Undergraduate and Graduate School
  • 100% reimbursement for successful completion of qualifying Certificate Programs, CFA Exams, and Single Courses

Anniversary Program


  • 5 Years of Employment: 2 additional PTO days and a long-weekend trip for two to a local resort of your choice
  • 10 & 20 Years of Employment: 6-Week Paid Sabbatical
  • 15 Years of Employment: 3 additional PTO days and a long-weekend trip for two to a global destination of your choice

Other XR Perks


  • Option to Work Fully-Remote
  • Regularly Scheduled Company Sponsored Lunch
  • Access to Building Gym
  • Regular Corporate Events
  • Book Club

This job is no longer open

Life at XR Trading

XR Trading is a proprietary market-making firm located in Chicago's financial district. XR provides liquidity in a wide range of financial instruments and asset classes. We add value to the markets in which we participate by integrating technology with trading effectively and employing a quantitative approach to automated market-making. To respond quickly to a constantly evolving market, our team members traders, quants, and software engineers work closely together in an open, collaborative environment. Our approach allows us to leverage successful strategies across a multitude of products and exchanges. Our success begins with talented individuals and is maintained and driven by a united team effort.
Thrive Here & What We Value* Emphasis on teamwork* Focuses on continuous integration and test-driven development* Proactive approach to enhancements in configurations, technologies, or procedures* Flexible work hours when required* Comfortable working environment with Linux* Participates in diverse marketplaces (Global Futures, etc.)* Emphasizes learning and growth
Your tracker settings

We use cookies and similar methods to recognize visitors and remember their preferences. We also use them to measure ad campaign effectiveness, target ads and analyze site traffic. To learn more about these methods, including how to disable them, view our Cookie Policy or Privacy Policy.

By tapping `Accept`, you consent to the use of these methods by us and third parties. You can always change your tracker preferences by visiting our Cookie Policy.

logo innerThatStartupJob
Discover the best startup and their job positions, all in one place.
Copyright © 2025