Quantitative Trading Internship - 2024-25 - Engineering

AI Job Summary

Ready to accelerate your career in a collaborative and dynamic environment? Want to challenge your skills and make a tangible impact on the financial markets?

You'll get to collaborate with and learn from the industry’s best to solve complex problems that contribute towards our trading success. Plus, if you’ve excelled over the summer, you could receive an offer to return as a Graduate Quantitative Trader.

Your summer of exponential growth starts today. Apply now

Who we are

Optiver is a global tech-driven trading firm, with offices in Amsterdam, Sydney, London, Singapore, Shanghai, Hong Kong, Taipei, Chicago and Austin. Founded in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.

Optiver’s Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we're an active participant on the Hong Kong, Korea, Singapore, Taiwan and Japan exchanges, and act as Optiver’s APAC head office.

What you’ll do

No previous experience in trading or financial markets? You bring the passion and we'll have the training to support you along the way.

From theoretical lectures on trading fundamentals to working on group projects that contribute towards our ever-evolving strategies, you’ll receive the same training as our full-time trading team. You’ll also work alongside other trading, research and tech interns to develop your own trading algorithms.

By the end of the program, you’ll have a solid theoretical and practical understanding of life as a Quantitative Trader. 

Who you are

You’re a lateral thinker, with a passion for quantitative problems and working in dynamic environments. You believe in the power of collaborative problem solving and may have an interest in trading or financial markets. 

Through our training program, you'll gain exposure and training on a number of our trading roles. 

  • Options Market Maker

As an Options Trader, during market hours, you'll be making fast, yet deliberate, trading decisions, based on the data available. You love puzzles, predictions and have a flair for numbers. You’re driven to understand the why, but you’re also comfortable with making decisions under uncertainty. Outside of market hours, you'll work on projects that'll further set you up for success during trading hours.

 Check out Will’s ‘Day in the life’ feature to learn more. 

  • Delta 1 Trader

As a D1 trader, you’ll be in charge of running and constantly improving Optiver’s automated trading strategies. Whether it’s conducting a micro-analysis on part of the trading stack, or searching for new, novel trading signals in large, noisy data sets, you’ll be using your strong quantitative skills to continually solve trading problems which don’t have textbook solutions. You will collaborate closely with researchers and developers to trade, using Optiver’s cutting-edge statistical models and machine learning algorithms.

 Check out Jason’s ‘Day in the life’ feature to learn more. 

  • Institutional Trader

As an Institutional trader, you'll be making quick trading decisions, whilst working closely with third parties. You have strong communication skills and can remain focused under pressure. You’re passionate about quantitative problems and have a flair for numbers. Building rapport comes naturally to you, and you enjoy developing strong relationships with your colleagues and entities outside of Optiver. 

 Check out Matt's ‘Day in the life’ feature to learn more. 

What you’ll get

  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Competitive remuneration
  • Training, mentorship and personal development opportunities
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast, lunch and an in-house barista
  • Regular social events
  • Accommodation for the entirety of the internship, and flights where necessary

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

Eligibility

  • A penultimate or pre-penultimate university student
  • An Australian or New Zealand Citizen, Australian Permanent Resident or able to provide evidence of full working rights

Ready to take your career to the next level? Apply today.

If you have any questions regarding this opportunity, please contact us at  [email protected]

Closing in 7 days
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Closing in 7 days
  • Job type:Internships
  • Disciplines:
    Engineering
  • Work rights:
    Australian Citizen, Australian Permanent Resident,
    ...
  • Locations:
    Sydney
  • POSITION START DATE

    Nov 2024 (approx)

  • Closing Date:4th May 2024, 10:59 pm

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