FX Options Trader

Man Group

About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here * As at 31 March 2026   Algo Research Team: The Algo Research team is responsible for alpha research across a wide range of time-scales (from high frequency to days), design of monetisation/execution algos and market impact modelling across all major asset classes (including Cash Equities, Futures, FX, Options). We work in close collaboration with various systematic research teams across Man Group to maximise realised P&L of strategies. Algo Research is one of the key focus areas for Man. We are looking for a Quantitative Researcher with a primary focus on Cash Equities whose responsibilities will include: * Creating high quality intraday predictive alpha signals in cash equities on the scale of minutes to hours * Applying ML techniques to alpha research * In-depth market impact modelling * Solving optimal execution optimization problems * Identifying highest P&L opportunities * Close collaboration with researchers across Man Systematic   Technology and Business Skills: Essential * 3+ years of work experience on the Buy side * Experience building intraday alpha for cash equities markets * Deep understanding of statistics/ML and an ability to apply it to real world problems * Expertise in a high-level programming language such as Python * Exceptional analytical skills; recognised by peers as an expert in their domain * Ability to conduct research independently as well as work as part of a larger team and manage multiple stakeholders   Advantageous * Knowledge of market structure, participants, trading venues and microstructure of at least one of the major asset classes * Understanding of Market Impact modelling * Experience working on optimization and modelling optimal control problems * Experience with handling large data sets and tick data Personal Attributes * PhD or exceptional Master’s / Bachelor’s qualification in a quantitative subject * Intellectual integrity with a keenly analytic approach to problem solving * Ability to deliver projects with high commercial value * Hands-on attitude; willing to get involved with technology and projects across the firm * Self-organised, with the ability to effectively manage time across multiple projects and with competing business demands and priorities * Strong interpersonal skills, establish and maintain a close working relationship with quantitative researchers, technologists, traders and senior business people alike * Confident communicator, able to challenge a point concisely and deal positively with conflicting views Inclusion, Work-Life Balance and Benefits at Man Group You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity. You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance. Equal Employment Opportunity Policy Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.

Flow Traders

Flow Trader is a leading global proprietary trading firm and a principal liquidity provider and market maker across ETFs, bonds, FX & Digital Assets. As an investment firm regulated under the IFR/IFD framework, risk management is central to how we grow responsibly. Our EMEA Risk team works hand-in-hand with Trading, Quant and Technology. The Senior Market Risk Manager, you will provides second-line oversight of market risk across all trading activities. Reporting into the Market Risk Lead, this senior individual contributor role is accountable for the day-to-day execution and continuous improvement of the market risk framework  limits, monitoring, stress testing and analytics and acts as a trusted advisor to the trading desks. A core part of the role is working side-by-side with the trading desks to build a first-hand understanding of their strategies and exposures and translating that insight into a risk framework that is both robust and commercially relevant. This is a senior specialist role (not a people-management role).   WHAT YOU WILL DO * Partner closely with trading desks to understand strategies, exposures, and emerging risks across ETFs, Fixed Income, FX, Digital Assets, and Options * Support the development and oversight of the market risk framework, including risk appetite, limits, stress testing, and intraday controls * Monitor portfolio risk, investigate breaches and P&L anomalies, and drive risk mitigation initiatives * Design and enhance cross-asset stress-testing, risk analytics, and monitoring methodologies in collaboration with Quant and Technology teams * Leverage AI and automation to improve risk monitoring, reporting, and operational efficiency * Support regulatory requirements (including ICARA/IFR-IFD), governance processes, audits, and risk committee reporting * Provide independent challenge on new trading strategies and mentor junior team members within the team.   WHAT YOU NEED TO SUCCEED  * 6-10 years of relevant experience in market risk, front-office risk or trading, ideally at a proprietary trading firm, market maker or investment bank * Hands-on experience across at least two of our core asset classes (ETFs, bonds, FX, Digital Assets, Options), with appetite to grow across all of them * Experience in an IFR/IFD (or equivalent CRR/Basel) environment, including Internal Capital and Risk Assessment Process (ICARAP) or similar processes * Strong understanding of VaR, stress testing, Greeks and concentration metrics; familiarity with options and derivatives preferred, particularly in the context of ETFs and Digital Assets * Proficient in SQL, Excel and Python * Curiosity and hands-on interest in applying AI tools to improve risk processes and operational efficiency * Relevant university degree in a quantitative field (Finance, Mathematics, Physics, Engineering, Econometrics), ideally complemented by an FRM or CFA qualification * Independent judgment, credible challenge, excellent communication with traders, senior management * Proactive, hands-on and fluent in English.   WHAT WE OFFER At Flow Traders, we create the conditions for hard‑working, high‑performing people to do their best work. From a thorough onboarding and ongoing access to Flow Academy, to latest technology and a collaborative, non‑hierarchical culture, we give you the tools, ownership, and support to move fast and drive outcomes. We keep a close‑knit, small‑company feel while offering competitive salary, annual discretionary profit share, and comprehensive benefits, so talent can grow here, and stay here. See our benefits below: * Flow Academy and opportunities to attend domain-related conferences * Daily catered lunch, great coffee, and a fully stocked kitchen and snack bar * In-house Bar and Lounge with arcade, table tennis, billiards, and game consoles * Company boat * In-house gym and sessions with our nutritionist or personal trainer * Bi-weekly massages * Annual company trip and a variety of events throughout the year, such as the New Years Event * Global rotations across our offices worldwide * and more   Flow Traders does not accept unsolicited resumes from any professional staffing or search firms. All resumes, and any other information identifying potential candidates, submitted to any employee at Flow Traders via-email, the Internet or directly without a valid and signed search agreement will be deemed free to contact by Flow Traders without any restrictions and no placement fee of any kind will be paid in the event the candidate is hired by Flow Traders.

IMC

About the role IMC’s Macro Analyst team provides traders with market-moving insights and actionable trading ideas across global macro and volatility markets. As a Senior Macro Analyst, you will be based in Amsterdam and take ownership of generating insights and trading ideas across European equity index volatility and related markets. Working closely with traders and the Lead Macro Analyst, you will develop event-driven scenarios, identify opportunities around global macro themes, and help shape IMC’s response to fast-moving economic, political, and market developments. You will translate complex market information into clear trading implications, contribute to macro-driven strategies across options and volatility products, and play a key role in ensuring IMC remains ahead of market narratives. This is a highly collaborative role for someone who combines strong macro judgment, deep market understanding, and the ability to communicate clearly and decisively under time pressure. Your Core Responsibilities * Generate actionable trading ideas and market analysis across European equity index volatility, options, spreads, futures, and related financial instruments; * Develop and maintain scenario analyses around key market-moving events, including economic data releases, central bank meetings, national budgets, elections, geopolitical developments, and unexpected macro shocks; * Monitor global and European macro themes, identifying how changes in policy, politics, growth, inflation, rates, FX, and risk sentiment may affect equity index volatility and related markets; * Provide traders with timely, clear, and actionable updates on what is driving markets during European trading hours and relevant out-of-hours futures sessions; * React quickly to breaking news and unexpected market events, assessing potential outcomes, market impact, and trading opportunities in real time; * Work closely with traders to evaluate risk/reward, refine trading hypotheses, and contribute to the development of macro-driven options and volatility strategies; * Contribute to discussions around macro-driven positions, market themes, PnL drivers, and evolving risks across European and global markets; * Take ownership of specific research areas, recurring event playbooks, analytical frameworks, or market coverage themes; * Help ensure strong operational coverage of key events, market sessions, and trader needs through disciplined preparation, responsiveness, and high-quality communication; * Collaborate with other IMC analyst teams across Amsterdam, Chicago, Sydney, and Mumbai to share insights, compare market views, and strengthen global coverage; * Support the development of more junior analysts by sharing market knowledge, improving team processes, and helping raise the overall quality of the team’s output; * Continuously improve the team’s analytical tools, event preparation, communication formats, and trading idea generation process. Your Skills and Experience * 4–6+ years of experience in a trading, macro research, volatility, options, or strategy-focused role, ideally at a high-frequency trading firm, investment bank, hedge fund, asset manager, or market-making environment; * Strong understanding of European financial markets and the macroeconomic, political, and geopolitical factors that influence equity indices, volatility, rates, FX, and broader risk sentiment; * Experience analyzing equity index products, options, volatility, futures, spreads, or related financial instruments; * Proven ability to translate macro events, political developments, and market headlines into practical trading implications; * Strong scenario analysis skills, with the ability to assess probabilities, market impact, positioning, and potential second-order effects; * Excellent written and verbal communication skills, with the ability to engage traders clearly, succinctly, and confidently in fast-moving market conditions; * Sound market judgment and the ability to form independent views while incorporating feedback from traders and other analysts; * Calm, focused, and decisive when markets are moving quickly or information is incomplete; * Collaborative mindset, with the ability to work effectively with traders, analysts, and global teams; * High level of ownership, curiosity, and intellectual drive, with a strong interest in markets, policy, politics, and global events; * Entrepreneurial approach, with a desire to improve processes, develop new analytical frameworks, and contribute ideas that can directly impact trading outcomes. About Us IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.