Floor Trader
Belvedere Trading is a leading proprietary trading firm and market maker headquartered in Chicago, with additional offices in Boulder, New York, and Singapore. Founded in 2002, the firm builds proprietary trading technology and risk management systems to capitalize on market inefficiencies across options and other derivatives markets.
About Belvedere Trading
Belvedere Trading emerged in March 2002 as one of Chicago's newest market makers, establishing its place in the SPX pit on the floor of the Chicago Board Options Exchange. Since inception, the firm has invested iteratively in proprietary technology, starting with an options model, adapting it to handheld computers, and eventually building its software systems from the ground up. Due to its ultramodern proprietary technology and risk management capabilities, Belvedere is able to quickly capitalize on inefficiencies in the marketplace, with trading models and software systems continually re-engineered, optimized, and maintained to stay competitive. The firm operates from Chicago, Boulder, New York, and Singapore, employs close to 300 individuals, and is known for low turnover, high referral rates, and a strong company culture centered on core values such as teamwork, ownership, and innovation. Belvedere focuses on proprietary trading across asset classes including equity and commodity options, leveraging cutting-edge technology and talented people to sustain its growth.
Skills
About the Role
You'll join the pulse of the trading floor at Belvedere Trading, playing a critical role in providing liquidity and driving performance in the open outcry marketplace. You'll apply your expertise in single stock equity volatility and open outcry or voice/chat market making to make an impact with every trade in a fast-paced environment. You'll work seamlessly with technology teams to optimize models and enhance performance, staying agile in an ever-evolving market landscape.
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
- An 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