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Edgehog Trading

Graduate Quantitative Trader

Entry-Level JobVerifiedNo experience needed

Career Insights for Securities / Commodities Trader

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What they do

A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.

$142,458 / year median in Illinois

+5% projected growth

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Job Description

About us Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets. Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets. We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth. What you'll do: Complete a comprehensive 4-month training program covering options theory, quantitative modeling, systematic trading strategies, and on-desk trading Design, research, and optimize systematic options trading strategies using quantitative analysis and statistical methods Analyze market microstructure and execution quality to identify opportunities and improve strategy performance Manage real-time risk across a diversified portfolio of options positions Work hands-on with our proprietary trading systems, models, and infrastructure Gradually transition into live trading responsibilities with senior mentorship and ongoing support Qualifications and skills: In your final year of study toward a BA, BS, MS, or PhD in Computer Science, Data Science, Engineering, Mathematics, Economics, Statistics, Finance, Physics, or a related field Exceptional attention to detail Excellent quantitative and analytical skills Ability to take on significant responsibility quickly while maintaining a high degree of operational excellence Strong Python programming skills; familiarity with libraries such as pandas, NumPy, or SciPy is a plus Experience using AI agents to automate tasks and workflows is a plus
Why Edgehog:
Small team advantage: Direct access to founders and senior team members from day one Ownership early: Manage real P&L and make meaningful impact within your first year Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house Tight feedback loops: Bi-weekly 1-on-1s with your mentor, quarterly reviews with leadership
Chicago-based:
Affordable cost of living, vibrant trading community
Benefits:
Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm 401(k) with a 4% company match Unlimited paid time off and sick leave Free lunch, coffee, drinks, and snacks Commuter benefits Monthly happy hours and annual team events The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list. The base salary for this role is 140,000 USD per year