Junior Quantitative Trader
We’re looking to add a Quantitative Trader to our team to assist our traders in monitoring and supervising operations related to all trading activities.
Under the trade name AcheronTrading, the company is a designated market maker and 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 embryonic stages and throughout their adoption cycle.
Acheron has over 125 institutional clients with market share across over 50 exchanges worldwide, with team members concentrated in North America and Europe.
Market-making is essential to emerging digital assets because, without a liquid trading environment, market participants cannot buy or sell tokens without causing a drastic change in the market price. This phenomenon is known as "market slippage." Acheron's services directly reduce market slippage and thus result in more efficient trade for market participants.
We have integrated with over fifty decentralized and centralized exchanges providing holistic coverage across the digital asset ecosystem. Receive data-backed insights to determine which venues are the right fit for your goals.
Emerging digital assets can be hyper-volatile during price discovery. We consult teams in designing and selecting the appropriate liquidity strategy to develop a liquid market while managing the inventory risk for their digital assets throughout their adoption cycle.
About the job opening
Under the trade name AcheronTrading, the company is a designated market maker and 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 ten billion in market share across over thirty exchanges worldwide with team members concentrated in North America and Europe.
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 modelling – we consult teams in selecting the appropriate liquidity strategy to develop a liquid market while managing the inventory risk for their digital assets
We’re now looking to add a Junior Trader to our team to assist our traders in monitoring and supervising operations related to all trading activities 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 AcheronTrading’s trading algorithms. You will gain a thorough understanding of AcheronTrading’s activities and of the global digital asset market more broadly.
We are seeing candidates in the following areas
North America: located in the Miami/Fort Lauderdale area
Europe: located in Antwerp or the surrounding area
A flexible combination of remote and in-office will be required in either location
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 (stocks, equities, cryptocurrencies, etc.) is a bonus. Previous market-making experience professional or hobby is highly desired.
Our recruitment philosophy
Leadership, trustworthiness, and reputation are at the core of AcheronTrading’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
- Competitive salary
- The opportunity to work with one of the most innovative and fastest-growing trading firms in the industry