About XR Trading
Sourced by ZipRecruiter
Industry
Securities, commodity contracts, and financial investments
Company size
1 - 10 Employees
Headquarters location
Chicago, IL, US
Year founded
2002
$135K - $185K/yr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 3 days ago
Job description
Description:
XR Trading is a proprietary trading firm with employees in the Netherlands, Singapore, UK and US. XR participates in a wide variety of marketplaces including global futures, equities, commodities, options, fixed income, and cryptocurrencies. Our culture emphasizes teamwork and focuses on continuous integration and test-driven development.
We embrace opportunistic hiring by welcoming exceptional talent even when a specific role may not be open. If you are highly skilled, motivated, and eager to contribute, we encourage applicants to apply so we can explore potential opportunities within XR Trading.
Job Function & Responsibilities
- We are seeking a talented and self-motivated Experienced Trader to join our growing trading team
- The ideal candidate is willing to develop new trading strategies utilizing our proprietary software, as well as customize our current trading strategies
Location
- Work location is generally flexible and subject to approval
Education
- Bachelor’s degree in a technical area such as electrical engineering or computer science
Preferred Experience & Skills
- Preference to those with the ability to do light programming work using multi-dimensional arrays, nested loops, complex conditionals and simple file I/O
- Preference to those who are fluent in C++ and/or Python
- Strong mathematical aptitude
- Values teamwork and is capable of thinking independently
- Can communicate effectively while under pressure
- Can adapt to changing situations with ease
- 5+ years working experience of high volume trading
- Has demonstrated the ability to use sound judgment while trading
- Proven ability to develop new, profitable trading strategies
Please note: only individuals whose qualifications match our current needs will be contacted for further screening and/or interviews. XR Trading does not hire candidates who are currently on a student visa or who now or in the future will require XR to sponsor them for employment visa. Thank you for your interest in XR Trading!
Below is the expected base salary range for this position. This position is also eligible for an annual discretionary bonus as additional compensation as well as company benefits listed below.
Base Salary Range
- $135,000 - $185,000 USD
XR’s Company Benefits Package
100% Employer-Paid
- Medical Coverage
- Dental Coverage
- Health Savings Account
- $50,000 Life Insurance Policy
- Short-term Disability Insurance
- Long-term Disability Insurance
- Employee Assistance Program
Flexible Spending Accounts
- Dental
- Vision
401(k) Retirement Savings Plan
- XR matches 50 cents to every dollar employee contributes
Pre-tax Transit Benefits
- $50 stipend for each month
- Annual reimbursement for bike sharing programs
Paid Time Off
- Generous Annual Vacation and Sick Time
- Maternity, Paternity and Adoptive Parent Leave
Continued Education
- Tuition Reimbursement for relevant Undergraduate and Graduate School
- 100% reimbursement for successful completion of qualifying Certificate Programs, CFA Exams, and Single Courses
Anniversary Program
- 5 Years of Employment: 2 additional PTO days and a long-weekend trip for two to a local resort of your choice
- 10 & 20 Years of Employment: 6-Week Paid Sabbatical
- 15 Years of Employment: 3 additional PTO days and a long-weekend trip for two to a global destination of your choice
Other XR Perks
- Option to Work Fully Remote
- Regularly Scheduled Company Sponsored Lunch
- Access to Building Gym
- Regular Corporate Events
- Book Club
- XR Super Week
xrtrading.com
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Other Helpful Pages Related To EXPERIENCED TRADER
Proprietary Trader Salaries
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Frequently asked questions
Q: What skills or qualities help someone succeed as a Proprietary Trader?
A: To succeed as a Proprietary Trader, one must possess strong technical skills such as proficiency in financial modeling, data analysis, and programming languages like Python or R, as well as a deep understanding of market dynamics, risk management, and trading strategies. Additionally, successful Proprietary Traders often exhibit soft skills like emotional stability, discipline, and the ability to make quick, informed decisions under pressure, as well as strong analytical and problem-solving skills to adapt to changing market conditions. By combining these technical and soft skills, Proprietary Traders can effectively navigate the markets, manage risk, and drive career growth through consistent performance and strategic decision-making.
Q: What is the career path for a Proprietary Trader?
A: A Proprietary Trader's career path typically begins as a Junior Trader or Proprietary Trading Analyst, where they learn to analyze markets, develop trading strategies, and execute trades. As they gain experience, they progress to mid-level roles such as Trader or Portfolio Manager, where they oversee trading operations, manage risk, and optimize performance. Senior roles, including Head Trader or Trading Desk Manager, involve strategic decision-making, team leadership, and driving business growth, providing opportunities for skill development in areas like risk management, market analysis, and team management.
