Options Trading Systems Developer
3 weeks ago
Oxford Knight is seeking a skilled developer to build a new Volatility Trading system. As a key member of our Algo Development Trading Technology team, you will design, implement, and maintain options trading systems using C++.
The ideal candidate will have a deep understanding of financial markets, including equities, derivatives, options, and futures, as well as proficiency in quantitative analysis, mathematical modeling, statistics, and probability theory.
Estimated salary: $190,000 per year.
Job Description:
We are looking for a highly skilled developer to join our team and contribute to the development of a new Volatility Trading system. The successful candidate will be responsible for designing, implementing, and maintaining options trading systems, working closely with infrastructure teams to improve trading infrastructure, connectivity, and performance.
Key Responsibilities:
- Develop, optimize, and maintain software applications for options trading, primarily using C++ (ideally version 17 or better).
- Design and implement high-performance trading systems, ensuring reliability, scalability, and low-latency execution.
- Work closely with infrastructure teams to improve trading infrastructure, connectivity, and performance.
- Conduct thorough testing and debugging of software components, resolving any issues or discrepancies.
- Stay up-to-date with the latest developments in technology and trading practices to continuously enhance systems.
- Provide technical support and mentorship to junior developers, promoting best practices and knowledge sharing.
Requirements:
- Bachelor's or Master's degree in Computer Science, Mathematics, or a related field.
- 10+ years of work experience, of which at least 5 is in building automated options trading systems.
- Deep understanding of financial markets, including equities, derivatives, options, and futures.
- Strong knowledge of options pricing models, trading strategies, risk management, and market analysis.
- Proficiency in quantitative analysis, mathematical modeling, statistics, and probability theory.
- Candidates should possess a solid understanding of options risk management techniques, such as delta hedging with all the products such as index options with futures etc.
- Good knowledge of products traded by volatility traders, e.g.: Equity Options, Index Options, Spreads on Equity and Index options (Complex Options), Variance Swap (Var Swap), Volatility Swap (Vol Swap).
- Strong knowledge of options trading business, including concepts, strategies, and risk management.
- Extensive experience with C++ and solid understanding of modern C++ features, multithreading, and low-level programming.
- Proficiency in software development methodologies, version control systems, and debugging tools.
- Experience with C++ testing framework such as google fixtures and code coverage tools as gcov.
- Familiarity with distributed systems, high-performance computing, and algorithm optimization.
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