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Senior Index Options Trader
(more about Tower Research)

Senior Index Options Trader


Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an experienced Index Options Trader.


  • Managing a portfolio of listed options products
  • Collaborating with other traders and quantitative researchers to optimize existing strategies
  • Working with developers to improve systems, latency, and execution
  • Identifying and monetizing new trading opportunities
  • Mentoring junior traders and/or quantitative researchers


  • 3+ years of experience on a high volume share index options market-making desk
  • Expertise in capturing opportunities from both short-term and long-term dislocations in volatility pricing
  • Deep understanding of the risks involved in managing a large index options portfolio
  • Experience in operating, optimizing, and iteratively improving distributed automated trading systems
  • Knowledge of various exchange protocols to achieve best execution
  • Ability to work in a fast-paced, high-pressure environment
  • Passion and drive to take a leading role in a growing options business
  • Relevant programming experience, preferably in Python and/or C++
  • Excellent attention to detail

Anticipated annual base salary range $120,000-180,000, plus eligible for discretionary bonus


Tower’s office is located in River North, a neighborhood in central Chicago, just north of the Loop. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

  • Competitive salary and discretionary bonuses
  • 401(k) with company matching
  • 5 weeks of paid vacation per year plus 11 paid holidays
  • Free breakfast, lunch, and snacks on a daily basis
  • Reimbursement for health and wellness expenses
  • Free events and workshops
  • Donation matching program

 Tower Research Capital is an equal opportunity employer.


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