Graduate Quantitative Trader
TLDR
Design systematic options strategies, analyze market microstructure, manage real-time risk, and transition into live trading after a four-month training program.
About us
Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.
What you'll do:
- Complete a comprehensive 4-month training program covering options theory, quantitative modeling, systematic trading strategies, and on-desk trading
- Design, research, and optimize systematic options trading strategies using quantitative analysis and statistical methods
- Analyze market microstructure and execution quality to identify opportunities and improve strategy performance
- Manage real-time risk across a diversified portfolio of options positions
- Work hands-on with our proprietary trading systems, models, and infrastructure
- Gradually transition into live trading responsibilities with senior mentorship and ongoing support
Qualifications and skills:
- In your final year of study toward a BA, BS, MS, or PhD in Computer Science, Data Science, Engineering, Mathematics, Economics, Statistics, Finance, Physics, or a related field
- Exceptional attention to detail
- Excellent quantitative and analytical skills
- Ability to take on significant responsibility quickly while maintaining a high degree of operational excellence
- Strong Python programming skills; familiarity with libraries such as pandas, NumPy, or SciPy is a plus
- Experience using AI agents to automate tasks and workflows is a plus
Why Edgehog:
- Small team advantage: Direct access to founders and senior team members from day one
- Ownership early: Manage real P&L and make meaningful impact within your first year
- Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
- Tight feedback loops: Bi-weekly 1-on-1s with your mentor, quarterly reviews with leadership
- Chicago-based: Affordable cost of living, vibrant trading community
Benefits:
- Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
- 401(k) with a 4% company match
- Unlimited paid time off and sick leave
- Free lunch, coffee, drinks, and snacks
- Commuter benefits
- Monthly happy hours and annual team events
The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.
The base salary for this role is 140,000 USD per year
Benefits
Free Meals & Snacks
Free lunch, coffee, drinks, and snacks
Health Insurance
Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
Learning Budget
Complete a comprehensive 4-month training program covering options theory, quantitative modeling, systematic trading strategies, and on-desk trading
Team social events
Monthly happy hours and annual team events
Paid Time Off
Unlimited paid time off and sick leave
Edgehog Trading is a proprietary trading firm focused on electronic options market making. We leverage technology-driven automated systems to provide liquidity across markets, emphasizing data-driven decision making and collaboration within our diverse team of traders, engineers, and business professionals.