DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the markets have evolved over the past 25 years, so has DRW – maximizing opportunities to include real estate, cryptoassets and venture capital. With over 1000 employees at our Chicago headquarters and offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It’s a place of high expectations, deep curiosity and thoughtful collaboration.
As a Algorithmic Trader, you will have an opportunity to combine the disciplines of risk management, research and technology to operate trading strategies across multiple asset classes. You will work closely with experienced traders, software engineers and quantitative researchers to ensure optimal system performance. Note: The working hours are 12am-9am, Monday-Friday.
Operate automated, latency sensitive trading systems
Monitor the systems’ executions and open positions
Adjust system parameters based on market conditions
Manually trade to reduce risk when necessary
Suggest automation and improvements to the systems
Communicate relevant news, market events, and system behavior to team members
Contribute to all aspects of the trading desk activities including: position reconciliation, risk management tasks, and post trade analysis
Generate feedback on trading system performance by examining system logs and market data for executions.