Floor Trader
Belvedere Trading is a proprietary trading firm and market maker founded in Chicago. It develops proprietary trading models, software, and risk-management systems, and operates across Chicago, Boulder, New York, and Singapore.
About Belvedere Trading, LLC.
Belvedere Trading is a proprietary trading firm and market maker specializing in financial markets, including options, indices, commodities, equities, and equity strategies. The company uses proprietary trading models, software platforms, quantitative research, and risk-management capabilities to identify market inefficiencies and execute trading strategies. It also provides capital, infrastructure, operational support, and strategic guidance to backed trading groups and partners, and may acquire established trading teams or their intellectual property. The company recruits and trains quantitative traders, researchers, software engineers, and operations professionals through its Belvedere Trading University program.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
Join Belvedere Trading's MIAX Sapphire trading floor as a Floor Trader providing liquidity and driving performance in the open outcry marketplace. Apply expertise in single-stock equity volatility and open outcry or voice/chat market making while partnering with technology teams to optimize models and enhance execution.
Requirements
- 2+ years of experience in options market-making at a proprietary trading firm or comparable trading environment
- Prior floor trading experience on MIAX or comparable physical exchange
- Strong understanding of options pricing, volatility, market microstructure, and liquidity provision
- Ability to apply quantitative skills and logical reasoning to solve complex problems
- Demonstrated ability to make high-quality decisions under pressure and manage risk in fast-moving markets
Responsibilities
- Provide consistent liquidity in assigned options products while supporting efficient, orderly markets.
- Execute floor-based, voice-assisted, or hybrid options trades with precision and strong commercial judgment.
- Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection.
- Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond quickly to changing conditions.
- Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance.
- Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management.
- Communicate clearly with brokers, counterparties, and internal stakeholders to support effective coordination on the trading floor.
- Operate with strong accountability, risk discipline, and a continuous-improvement mindset aligned with firm performance goals.
