Equity Dispersion Trader
DRWAbout the Role
DRW is seeking a highly motivated Quantitative Trader to join the Equity Options team, focusing on US and European markets with a specialization in dispersion strategies. This role combines deep quantitative analysis, real-time decision-making, and hands-on trading to identify and capture opportunities between index and single-stock options. You will develop, implement, and optimize systematic and discretionary trading strategies while working closely with technologists, researchers, and other traders to build and enhance trading infrastructure and models.
Requirements
- Strong academic background in Mathematics, Physics, Engineering, Computer Science, or a related quantitative field
- Proven experience trading equity options, across US and/or European markets
- Deep understanding of options theory, volatility modeling, and derivatives pricing
- Experience with or strong knowledge of dispersion and correlation trading strategies
- Proficiency in programming (Python, C++, or similar) and working with large datasets
- Strong statistical and analytical skills, with the ability to translate insights into trading decisions
- Ability to operate effectively in a fast-paced, high-stakes environment
- Familiarity with market microstructure and execution algorithms
- Knowledge of index composition, corporate actions, and dividends in US/EU equities