Assistant Trader
Division/Location/Company Description:
Marathon Trading competes in US markets with a focus on derivatives. To us, winning is about maximizing returns, managing risk and providing economic opportunity. That opportunity includes creating personal wealth, providing for our families, and giving to those in need and to causes that our team feels are most important. Our keys to success are our people and hard work that combine to capitalize on opportunities in the market. Marathon is a fun, challenging, and rewarding place to work.
Position Description:
You will be joining our trading team located in Radnor, PA. We are a small team that operates with a very flat hierarchy, meaning that you will work alongside senior team members as well as having direct contact with traders and quants of the firm on a daily basis.
What you’ll be doing:
• You will directly support the trading book
• You will monitor overall market volatility and communicate significant changes in real time
• You will monitor positions and recommend action based on market conditions
• You will create and distribute options related research and trade ideas to traders. Engage in knowledge sharing and facilitate communication with regard to potential trade ideas on a consistent basis. Assist with trade execution under supervision of trader
• You will create trading algorithms and processes that automate and optimize volitility trading.
• You will make extensive use of data and quantitative techniques, including machine learning.
• You will research and evaluation of new technologies that can improve trading
• You will contribute from idea generation to production implementation: perform technical research, design prototype, implement analytics and trading algorithms, and analyze their performance
Number of Openings: 1
Exposure to hazardous and/or biohazardous materials: No
Research Position: No
Students are hired by a third-party employer: No
Qualifications:
Recommended Qualifications:
We’re looking for smart people who enjoy solving interesting problems. We’re more interested in how you think and learn than what you currently know.
• You have previous internship at a trading firm such as SIG, Citadel, HRT, etc.
• You have a passion for developing algorithms for quantitative trading strategies in derivatives markets at a trading firm.
• You have a passion for trading, gambling and finding ways to get edge in the marketplace
• You possess knowledge on electronic trading
• You have superior programming skills, especially in Python, C#, SQL
Position Location:
Job Location:
100 Matsonford RD
Building 4 Suite 255
Wayne, PA 19087
Transportation to work: Public Transportation Available from Drexel
Travel required for position: No
Anticipated travel information:
Compensation Information:
Compensation Status: Hourly Paid or Salaried Position
Other Compensation: Meal Assistance
Other Compensation Details: Hourly pay of $25–$35, commensurate with years of experience Daily breakfast and snacks available throughout the day Lunch provided daily On-site company gym with full access for employ
Approximate Hours Per Week: 40