Career Description
Simplex is looking for analytical and creative individuals to join our trading team. Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused understanding of pricing, risk management, and order flow. An ideal candidate is collaborative, strongly self-motivated, and capable of detail-oriented troubleshooting, data analysis, and robust systems design.
Our employees are truly our greatest asset. We’ve spent years building our team of talented and dedicated technologists, data-driven traders and leaders who emulate our core values: Collaboration, Ethics & Risk Management, and Diverse Opinions & Experience.
What will you be doing?
- Design, troubleshoot, and optimize trading strategies and supporting pricing, risk management, and order execution modules
- Iteratively improve trading models and parameters through research and data-focused analysis
- Investigate new opportunities and avenues for firm market share growth or product expansion
Skills and Experience:
- At least one year professional experience in algorithmic trading, ideally equity or futures options
- A track record of solving challenging analytical problems and implementing robust solutions
- Firm understanding of statistics and probability, linear algebra, and calculus
- Proficiency with Python and/or R for research, data analysis, and statistical modeling
- Experience working with large datasets using relational databases, ideally SQL/MySQL
- Exposure to Linux/Unix beneficial
This position is 100% onsite in our Chicago office.
Why us?
Founded in Chicago in 2004, Simplex is a leading, technology-driven, proprietary trading firm. We work with the most advanced technology and software in the market, and we’ve continued to remain at the forefront of the industry by always focusing on innovation, automation, and data-driven analysis. We also leverage our experience and expertise to make strategic investments and capitalize on opportunities in the venture capital markets with promising, early-stage financial and technology start-ups.
PLUS, the goods!
- Benefits: Excellent a la carte medical coverage (Free employee coverage), Dental, Vision, 401(k) match, and generous parental leave!
- The Office: The kitchen is stocked with snacks, and beverages; you also have daily stipends for breakfast and lunch!
- Tuition Reimbursement: As an investment in our employees’ careers and the company’s future, we offer educational assistance to provide employees with professional development opportunities that increase their skills and enhance their contributions to the organization!
- Employee Discounts: To gyms, national brands, and more!
- Building: We are located in the Federal Reserve building. As a tenant you have access to a building gym and a full cafeteria. We are easily accessible to all public transportation.
- Charity Match: We match up to $2000 a year in donations to the charities of your choice!
Simplex is an Equal Opportunity Employer
Top Skills
What the Team is Saying
What We Do
Since our founding in 2004, Simplex has continued to remain at the forefront of the industry by always focusing on innovation and data driven analysis.
Simplex is a technology-driven trading firm that builds proprietary software to create and capitalize on financial opportunities. We combine talented and dedicated technologists with data-driven employees to solve constantly evolving puzzles in the marketplace.
Specializing in US Equity Options and Future Options, Simplex provides the liquidity essential to a competitive, fairly-functioning marketplace. We enable financial opportunity as market makers. We created a competitive, more fairly-structured market which allows us to provide our [clients/customers] with access to the best possible execution and servicing of their orders.
We continue to reinvent ourselves and evolve to best capitalize on financial market opportunity.
Why Work With Us
We are one team working towards a common, collective goal, and the collaborative environment we create allows our team’s talents to shine. We value highly-motivated, passionate individuals with diverse opinions and experiences.
Gallery
Simplex Trading Offices
OnSite Workspace
At Simplex, employees enjoy on-site perks and benefits, and interaction with peers. We flex when needed to allow for work/life balance, and when employees need to work from home.
