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On Call Algorithmic Trading Software Developer Jobs in Illinois

FPGA Engineer

Chicago, IL

$133K - $172K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to ... Build next-generation algorithmic trading systems; * Solve low-latency trading problems and ...

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FPGA Engineer

Chicago, IL · On-site

$175K - $225K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to ... Build next-generation algorithmic trading systems; * Solve low-latency trading problems and ...

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On Call Algorithmic Trading Software Developer information

What are the key skills and qualifications needed to thrive as an On Call Algorithmic Trading Software Developer, and why are they important?

To thrive as an On Call Algorithmic Trading Software Developer, you need strong programming skills (in languages like Python, C++, or Java), a solid grasp of quantitative finance, and a relevant degree in computer science, mathematics, or engineering. Familiarity with trading platforms, low-latency systems, and version control tools, as well as experience with APIs and real-time data feeds, is typically required. Exceptional problem-solving skills, the ability to work under pressure, and effective communication make someone stand out in this position. These skills are crucial for rapidly resolving trading system issues, maintaining uptime, and ensuring competitive trading performance in dynamic financial markets.

What are the typical challenges faced by On Call Algorithmic Trading Software Developers during after-hours support?

On Call Algorithmic Trading Software Developers often encounter high-pressure situations, such as resolving system outages or algorithm malfunctions during live trading sessions outside regular business hours. Rapid troubleshooting and effective communication with traders and operations teams are crucial, as even brief downtime can lead to significant financial impact. Staying current with the system architecture and having access to well-documented procedures can help manage these challenges efficiently. Additionally, balancing on-call responsibilities with regular development tasks requires strong organizational skills and resilience.

What is the difference between On Call Algorithmic Trading Software Developer vs Algorithmic Trading Software Developer?

AspectOn Call Algorithmic Trading Software DeveloperAlgorithmic Trading Software Developer
CredentialsTypically requires a degree in computer science, finance, or related fields; certifications like CFA or FRM are optionalSimilar credentials; often holds degrees in computer science, finance, or quantitative fields
Work EnvironmentWorks in financial firms, trading desks, or fintech companies; on-call duties for system issuesWorks in similar environments, focusing on developing and maintaining trading algorithms
Employer & Industry UsageUsed by trading firms, hedge funds, and investment banks; on-call support for live trading systemsCommon in financial technology firms and trading firms; primarily development-focused

In summary, an On Call Algorithmic Trading Software Developer is similar to an Algorithmic Trading Software Developer but includes on-call responsibilities for system issues during live trading. Both roles require comparable skills and credentials, but the on-call position emphasizes immediate support and troubleshooting in a trading environment.

What are On Call Algorithmic Trading Software Developers?

On Call Algorithmic Trading Software Developers are specialized professionals responsible for maintaining, troubleshooting, and enhancing automated trading systems, often outside of regular business hours. They respond to urgent technical issues, monitor trading algorithms for performance and reliability, and implement code fixes or updates as needed to ensure smooth trading operations. Their expertise combines knowledge of financial markets, programming, and real-time systems, making them vital for firms that rely on algorithmic trading strategies. The 'on call' aspect means they must be ready to address critical issues promptly, sometimes during nights or weekends.
What are the most commonly searched types of Algorithmic Trading Software Developer jobs in Illinois? The most popular types of Algorithmic Trading Software Developer jobs in Illinois are:
What cities in Illinois are hiring for On Call Algorithmic Trading Software Developer jobs? Cities in Illinois with the most On Call Algorithmic Trading Software Developer job openings:
FPGA Engineer

$133K - $172K/yr

Full-time

Posted 5 days ago

Be an early applicant


Job description

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions. 
 
High-performance proprietary development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. We place a high premium on defining, developing, and deploying high-performance trading software using a team-based, holistic development approach. We look for passionate team members that excel and their contribution is critical to our continued success. 

Belvedere Trading is looking for an FPGA Developer to supplement the team and drive projects that will optimize our options market marking systems. Successful candidates will have a proven track record of success delivering complex FPGA systems on a chip design, possess excellent problem-solving abilities, possess a can-do/self-driven attitude, and have the ability to thrive in a collaborative, entrepreneurial environment.   

The ideal candidate is a creative thinker who has had previous experience developing networks, exchange encoding/decoding, and custom logic on the card. Exchange protocol encoding/decoding experience is desirable.  Additional experience developing hybrid hardware/software systems communicating over PCIe is also desirable.  The successful candidate will direct their own learning, grow their expertise, and pass that knowledge on to other team members.   

What You'll Do:
  • Use cutting-edge technology while working on high performance/low latency systems  

  • Collaborate with team members to investigate and create automated trading algorithms  

  • Work on high-performance computing systems to break speed and performance boundaries  

  • Build next-generation algorithmic trading systems;  

  • Solve low-latency trading problems and optimization of performance-critical code;  

  • Develop new hardware platforms;  

  • Identifying opportunities for improvement and experimenting with performance optimizations;  

  • Apply industry knowledge and technical skills in new and innovative ways  

  • Help to continuously improve team productivity, code quality, tool, and technology adoption  

  • Create new features and help improve existing experiences  

  • Share ideas, experience, and knowledge with other members of the team 

What You'll Need:
  • Development experience with FPGAs (Verilog/VHDL, functional verification, and static timing closure) 

  • Demonstrated experience with C++, Bash, TCL, and/or Python scripts 

  • Experience with FPGA design, simulation, and verification tools (Synopsys, Riviera, ModelSim, Questasim, etc.) 

  • A desire to push the boundaries on performance and lower latency 

  • Passion for innovation and building systems from the ground up 

  • Demonstrated ability to work in a fast-paced, mission-critical environment 

  • Careful attention to detail, and the vision and skill to push beyond expectations 

Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website 
 
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer.
We welcome your application.

Core Values
The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Build Rockets, and Passionate Discourse. We live and breathe these values every day.
 
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
 
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
 
Work Schedule: Regular and reliable attendance during standard business hours with the ability to be on-site prior to the start of business on occasion 
Amount of Travel Required: None

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.