Junior Quantitative Trader

Under the trade name AcheronTrading, the company is a designated market maker and provides liquidity and Under the trade name Acheron Trading, the company is a designated market maker that provides liquidity and advisory services to digital asset issuers on exchanges worldwide. It is our belief that market inefficiency is one of the factors preventing digital assets/cryptocurrencies from achieving mass adoption. As such, our focus is to construct and provide liquidity services for digital assets from the most incipient stages and throughout their adoption cycle.

Today, Acheron’s markets represent over twenty billion in market share across over fifty exchanges worldwide with team members concentrated in North America, Europe, and Singapore.

Our Services

The following services are included in our portfolio:

(i) Algorithmic market making services - we provide liquidity for digital assets upon the request of, and on the exchanges designated by the customer: exchanges require digital assets issuers to maintain certain levels of liquidity to remain listed on their platform and we ensure our customers meet (and often exceed) such requirements;

(ii) Exchange advisory and planning - we research, identify and assess the suitable exchange(s) for a digital asset issuer throughout the lifecycle of its digital asset;

(iii) Risk management and modeling - we consult teams in selecting the appropriate liquidity strategy to develop a liquid market while managing the inventory risk for their digital assets

Current Opportunity

We’re now looking to add a Quantitative Trader to our team to assist our traders in monitoring and supervising operations related to all trading activity flows of assets, treasury, and risk management. You will receive hands-on training from senior members of our trading team and learn how to manage, supervise and track all Acheron Trading’s trading algorithms. You will gain a thorough understanding of Acheron Trading’s activities and of the global digital asset market more broadly.

We are seeing candidates in the following areas

• North America: located in the Fort Lauderdale area (or willingness to relocate)

• A flexible combination of remote and in-office will be required

• A willingness to work Asian or European hours when necessary

What you will be doing

• Supporting the deployment of new algorithms, clients, and markets

• Building quantitative models for Senior trader review

• Monitoring and responding to trading alerts

• Assisting with active trading

• Assisting with trade execution

• Assisting with asset rebalancing

• Helping to keep track of client treasury balances

• Providing recurring and ad-hoc trading reports to clients

• Responding to client questions, escalating questions to senior traders

Skills and experience

• Bachelors degree or higher in Computer Science, Mathematics, Economics, or related technical degree

• Excellent written and verbal English

• Impeccable attention to detail

• Able to act and to take decisions under pressure

• Basic understanding/interest in blockchain technology

• Basic understanding/interest in securing digital assets and creating transactions

• Basic understanding/interest in market structure and trading

• The ability to take ownership of a project while collaborating on it with colleagues

• A passion for financial markets and asset management in general

Previous experience in trading professionally or as a hobby is required. Previous market-making experience either professionally or as a hobby is highly desired.

Our recruitment philosophy

Leadership, trustworthiness, and reputation are at the core of Acheron Trading’s DNA. We seek out individuals who are:

• self-starters with conviction in themselves to make the right decisions

• trustworthy and hold themselves accountable to their fellow colleagues and clients who rely on their integrity

• are willing to go above and beyond to deliver exceptional results to safeguard the reputation of the company

Our offer

• Competitive salary

• Placement in the Employee Revenue Share Bonus Pool paid semiannually

• The opportunity to work with one of the most innovative and fastest-growing trading firms in the industry

How to apply

Email your CV and Cover Letter (optional) to careers@acherontrading.com to be considered