Drweng1mo ago

Equity Dispersion Trader

United Kingdom·London,Londonmid

OtherTrader

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Quick Summary

Overview

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.

Key Responsibilities

Develop, implement, and manage quantitative trading strategies in US and EU equity options markets Design and execute dispersion trades, capturing relative value between index volatility and single-name volatility Conduct in-depth analysis of…

Technical Tools

cpppythonforecastingquantitative-analysis

Responsibilities

~1 min read

→Develop, implement, and manage quantitative trading strategies in US and EU equity options markets
→Design and execute dispersion trades, capturing relative value between index volatility and single-name volatility
→Conduct in-depth analysis of volatility surfaces, correlation structures, and cross-asset relationships
→Monitor and manage risk exposures, including vega, gamma, correlation, and tail risks
→Collaborate with developers to build and enhance trading infrastructure, models, and execution systems
→Work with LLM’s and AI to work on tools that help improve opportunity spotting
→Continuously refine models using large datasets, improving forecasting of implied vs realized volatility and correlations
→Respond to market events in real time, adjusting positions and strategies accordingly
→Contribute to research on new products, markets, and trading opportunities

Strong academic background in Mathematics, Physics, Engineering, Computer Science, or a related quantitative field
Proven experience trading equity options, across US and/or European markets
Deep understanding of options theory, volatility modeling, and derivatives pricing
Experience with or strong knowledge of dispersion and correlation trading strategies
Proficiency in programming (Python, C++, or similar) and working with large datasets
Strong statistical and analytical skills, with the ability to translate insights into trading decisions
Ability to operate effectively in a fast-paced, high-stakes environment
Familiarity with market microstructure and execution algorithms
Knowledge of index composition, corporate actions, and dividends in US/EU equities