Volatility Trader

IMC

We're building out a trading initiative in London, with a growing focus on listed commodities options. This expansion is supported by a mix of internal talent and experienced external hires. With a collaborative and entrepreneurial culture, the team offers a unique opportunity to help shape and scale a new desk from an early stage. The group combines deep expertise with broad trading experience and values innovation, ownership, and cross-functional collaboration. As the desk continues to grow, there will be increasing opportunities to take on broader responsibilities and contribute meaningfully to its success.  Your Core Responsibilities * Maximize revenue by identifying and monetizing short- and long-term mispricings, as well as managing the resulting positions * Be able to take lots of responsibility and ownership early in your time here to drive the strategy forward * Managing risk and developing market making strategies * You will have lots of responsibility and ownership early on to drive strategies forward and be successful * IMC is highly collaborative between traders, quants, and developers so the scope of responsibility is fairly fluid involving a mixture of data-driven analysis, quantitative modelling and algorithm development Your skills and experience: * 3+ years’ experience in Commodities Options markets highly preferred, other asset classes such as Equity Options will be considered if from a proprietary trading environment  * BS, MS, or PhD, preferably in STEM * You have a quantitative and strategic mindset and a healthy appetite for risk * Strong technical skills in Statistics and Python * You have a proven ability to act and make decisions in a fast-paced and competitive environment * You are analytical, passionate about reflecting on past trades, and always seeking to do better * Experience with managing risk and developing market making strategies * Product experience is preferred * Strong communication and teamwork abilities 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.

IMC

Our Index Options team chases edge in volatility valuation, detailed execution, and fast technology. We are making a big push in our ability to price vol and take risk, with the goal of growing into a leading volatility desk in the marketplace. We are a highly collaborative group of generalists and specialists. Together we strive to have deep expertise, ownership, and innovation in the topic areas that are important to winning in the Index Options space.  Your Core Responsibilities * Maximize revenue by identifying and monetizing short- and long-term mispricing, as well as managing the resulting positions * Monitor and react to volatility shifts, liquidity changes, and macro events * Take ownership of index options trading books across EU and/or US markets with a focus on opportunistic, high-risk/high-reward strategies * Deploy directional and volatility-based trades with strong conviction, backed by market intuition, quantitative signals and rigorous scenario analysis * Collaborate with quants and engineers to refine pricing models and volatility surfaces and to improve execution tools, automation and latency * Back test signals and validate new trading ideas * Provide feedback to enhance risk systems, scenario tools, and vol surfaces * Perform post-trade reviews to continuously improve execution and hedging * Be able to take lots of responsibility and ownership early in your time here to drive the strategy forward Your skills and experience: * 2+ years of Index Options Volatility trading experience * BS, MS, or PhD, preferably in business, economics, or STEM * You have an entrepreneurial mindset and a healthy appetite for risk * You have a proven ability to act and make decisions in a fast-paced and competitive environment * You are analytical, passionate about reflecting on past trades, and always seeking to do better * You have a deep understanding of fundamental drivers of volatility dynamics * Strong proficiency in Python 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.

Da Vinci

As an Experienced Trader at Da Vinci, you’ll work with a fun team of highly skilled researchers and engineers. You will play a key role in ensuring our operations perform at the highest level possible, working to achieve our goal of building one of the best proprietary trading firms in the world. Da Vinci offers an exciting and dynamic work environment, where employees are given the freedom to come up with great ideas and the space to push these to completion. This is a once-in-a-lifetime opportunity to be part of a successful and fast-growing company.   Responsibilities: * Generate profits through volatility trading by position taking and market making * Risk management of your portfolio and desk * Improve and refine our trading infrastructure and setup * Devise new trading strategies for current prospective markets   Requirements: * Academic degree in a relevant field * 3 to 6 years of experience as a trader in volatility trading with a track record of profitability * In-depth understanding of volatility trading, market making and risk management * Expansive knowledge of how markets function * Good communication skills * Desire to work in a team environment * Proactive and an entrepreneurial mindset   Benefits: * An opportunity to work beside the best in the field * Base salary of EUR 100k * Excellent variable pay and growth opportunities * Outstanding performance is also rewarded with shareholding in the company * A relocation package when moving from abroad, including a relocation budget, flight coverage, house-finding service and expat support * Meals during work hours * Social events and after-work drinks * Reimbursement of travel costs * Sponsored gym membership and in-house chair massage * In-house game room (pool table, board games and console games)   Note: If you do not have relevant experience in volatility trading, please apply for the graduate trader position.