Algoithmic Trader

DRW Trading Group is a principal trading organization, meaning all of our trading is for our own account, and all of our methods, systems and applications are solely for our own use. Unlike hedge funds, brokerage firms and banks, DRW has no investors, clients or customers. DRW trades actively in a wide range of assets classes both domestically and internationally.

DRW is headquartered in Chicago and has offices in New York and London. We currently employ over 450 people worldwide from many different disciplines and backgrounds.

DRW is looking for an Algorithmic Trader to become part of our dynamic organization.

Responsibilities:

• Operate automated high frequency trading systems
• Understand and troubleshoot high frequency trading strategies and systems
• Monitor the systems' executions and open positions
• Review execution analytics
• Adjust system parameters based on market conditions
• Trade to reduce risk when a system exceeds risk limits
• Communicate relevant news, market events, and system behavior to team members
• Stay current with system functionality
• Contribute to all aspects of the trading desk activities including: position reconciliation, risk management tasks, and post trade analysis
• Hours could include:
  
  
  • Day Shift: 7am – 4:15pm
  • Asian Shift: 5pm – Midnight
  • This position will require a rotation between both shifts

 Requirements

• High attention to detail
• Great communication skills
• Ability to use sound judgment under pressure
• Must be motivated, dependable, and responsible

Related Keywords: trader, algo, HFT