Quantitative Trading Internship

Quantitative Trading Internship
(more about Optiver)

Are you ready for 8 weeks of action-packed, interactive learning in our global HQ in Amsterdam? Deep dive into the dynamic world of market making over your summer break in 2023.

From derivative theory training to trading fundamentals, you’ll have countless opportunities to grow and develop yourself, both professionally and personally. And if you’ve excelled during the internship program, you may receive an offer to return and join the team as a Graduate Quantitative Trader.

Don’t miss out on this exciting opportunity to kickstart your career at a leading global trading firm.

Who we are

Optiver is a tech-driven trading firm and leading global market maker. For over 35 years, Optiver has been improving financial markets around the world, making them more transparent and efficient for all participants. With more than 1,600 employees in offices around the world, we’re united in our commitment to improve the market through competitive pricing, execution and thorough risk management. By providing liquidity on multiple exchanges across the world, we actively trade on 70+ exchanges, where we’re trusted to always provide accurate buy and sell pricing – no matter the market conditions. 

Founded in 2021, Optiver's Singapore location is our ninth global office. As a fast-growing office, we have the feel of a start-up, but the backing of a large multinational trading firm. In Asia Pacific, Optiver was one of the first global market makers to establish a presence in the region, with the incorporation Optiver's APAC head office in Sydney in 1996. Since then, we have expanded our footprint by establishing offices in Taipei (2005), Hong Kong (2007) and Shanghai (2012).

What you'll do

Over the 8-week program, you’ll be immersed in a highly interactive derivative theory training course that covers extensive trading principles and concepts, led by our Head of Trader Education.

Once you’ve got the basics covered, you’ll be able to put your knowledge into practice and start trading in our simulated trading environment, which is a live copy of the financial market! To deepen your understanding of trading, you’ll also be working alongside other trading, research and technology interns to develop your own trading algorithm.

By the end of the program, you’ll have a solid theoretical and practical understanding of life as a Quantitative Trader. You’ll be mentored by our Trader Education Team, who will support your growth and provide valuable feedback. You’ll also learn and apply Python programming skills, which are highly sought after in the market.

Check out Sean’s internship story to learn more.

Who you are

You’re a lateral thinker who is quick to apply your brand of maths to understand quantitative problems. You have an interest in a variety of activities that could be classed as quantitatively challenging, fast paced, high performing or analytically rigorous. You’re also a strong believer in the power of collaborative problem solving. You may already be passionate about trading, or it may have only recently piqued your interest.

While our traders all share a passion for creative quantitative problem solving, they work in three main areas with different focuses. After the training program, you can select the role that appeals to you the most, and we will work together with you in the recruitment process to ensure that the area is most suitable for you.

  • Options Market Maker

As an Options Trader, during market hours, you will be constantly making quick, yet sharp, logical trading decisions based on a multitude of factors. You love puzzles, predictions with strong logic and problem-solving abilities. And you’re always hungry to learn. You’re driven to understand the why, but you’re also comfortable making decisions under uncertainty. You have a real passion for quantitative problems and a flair for numbers. Outside of market hours, you will work on projects that will further your team’s trading strategies.

Check out Will’s ‘Day in the life’ feature to learn more.

  • Delta 1 Trader

As a D1 Trader, you will be piloting our autotraders. You have a love for statistical analysis and deriving insights from big data sets. You enjoy micro analysis and applying those insights to the bigger picture. You will collaborate with researchers and developers on live trading strategies using our cutting-edge statistical and machine learning algorithms. And you possess a determined spirit that drives you to never settle for 'good enough'.

Check out Jason’s ‘Day in the life’ feature to learn more.

  • Wholesale Trader

As a Wholesale trader, you will be making quick trading decisions as well as communicating and working closely with third parties. Building rapport comes naturally to you, and you enjoy developing strong relationships with your colleagues and entities outside of Optiver. You have amazing communication skills and can remain focused under pressure. You’re passionate about quantitative problems and have a flair for numbers. You have an inherent drive to work in a fast paced, yet sometimes uncertain, environment.

 What you'll get

  • The chance to work alongside diverse, intelligent and driven peers in a rewarding environment
  • We offer top of market competitive remuneration
  • Corporate health insurance
  • Training, mentorship and personal development opportunities
  • Weekly in-house chair massages
  • Daily breakfast and lunch
  • Regular social events

 As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

Eligibility

  • A pre-penultimate or penultimate university student

Optiver encourages Singaporean nationals to apply. Applications are open until 31 October 2022.

Does this sound like the future you’re looking for? Take up the challenge and apply today!