Quantitative Trading Internship – 2023-24

WHO WE ARE

Optiver is a tech-driven trading firm and leading global market maker. For over 35 years, Optiver has been improving financial markets around the world, making them more transparent and efficient for all participants. With more than 1,600 employees in offices around the world, we’re united in our commitment to improve the market through competitive pricing, execution and thorough risk management. By providing liquidity on multiple exchanges across the world, we actively trade on 70+ exchanges, where we’re trusted to always provide accurate buy and sell pricing – no matter the market conditions.

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

Know nothing about trading or financial markets? Don't worry, you bring the passion and we'll bring 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. You’ll also learn and apply Python programming skills, which are highly sought after in the market. 

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. 

We offer a range of opportunities in our trading teams. Through our training program, we'll find the perfect match for you. 

• Options Market Maker

As an Options Trader, during market hours, you'll be making quick, yet sharp, 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.

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

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
• A work-from-home allowance and support
• Daily breakfast, lunch and an in-house barista

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.

Does this sound like the future you’re looking for? Take up the challenge and apply today!
If you have any questions regarding this opportunity, please contact us at [email protected].