Quantitative Researcher – Futures
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
12 hours ago
Vacancies:
1 Vacancy
Job Summary
IMC is looking for experienced quantitative researchers to develop systematic futures trading strategies. Candidates will join a well-resourced effort combining IMCs extensive options trading expertise with systematic strategies in the underlying futures market. Candidates will be responsible for performing large scale data analysis utilizing modern machine learning techniques to derive forecasts that will be combined with IMCs best-in-class technology platform for execution in futures markets.
Once on board candidates will join a growing team that will be essential to all aspects of IMCs trading. They will contribute not only to signal generation but also work w/ developers in design and implementation of a robust research framework that allows for new ideas to be researched tested and put into production in a timely manner.
Your Core Responsibilities:
- Conduct alpha / signal / feature research targeted at intraday futures trading strategies from hypothesis generation through rigorous data analysis.
- Quickly prototype backtest and evaluate new trading ideas using large-scale and high-frequency market data.
- Collaborate with developers traders and fellow researchers to design and implement a robust research-to-production pipeline. Once validated see ideas through to full-scale deployment.
- Monitor and refine existing strategies continuously evaluating performance risk and edge decay and iterating to maintain or improve profitability.
- Explore and integrate new data sources alternative data sets and market microstructure signals to expand the research toolbox.
- Contribute to defining the strategic direction of research initiatives including tooling data infrastructure and methodology improvements.
Your Skills & Experience
- Advanced degree (MSc PhD or equivalent) in a quantitative or technical discipline (Mathematics Statistics Physics Computer Science Financial Engineering or similar).
- Several years (5 Years) of quantitative research experience preferably in systematic trading futures HFT or related high-frequency / high-throughput environments.
- Demonstrable track record of generating predictive signals in futures / derivatives / systematic trading.
- Excellent programming skills (e.g. Python C or other relevant languages) and comfort working with large datasets and real-time data feeds.
- Strong statistical background with experience in statistical modeling time-series analysis machine learning / ML-based approaches and understanding of overfitting risk.
- Deep interest in market dynamics high-frequency trading and understanding of microstructure order flow and volatility with an ability to translate that into actionable research.
- Strong analytical thinking problem-solving skills and a practical business orientation: able to assess strategy viability robustness and real-world performance.
- Excellent communication and collaboration skills able to work effectively across teams (developers traders researchers).
The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time permanent positions are eligible for a discretionary bonus and benefits including paid leave and visit Benefits - US IMC Trading for more comprehensive information.
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989 weve been a stabilizing force in financial markets providing essential liquidity upon which market participants depend. Across our offices in the US Europe Asia Pacific and India our talented quant researchers engineers traders and business operations professionals are united by our uniquely collaborative high-performance culture and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies and from developing an innovative research environment to diversifying our trading strategies we dare to continuously innovate and collaborate to succeed.
Required Experience:
IC
Key Skills
- Intelligence Community Experience
- Python
- Spss
- Microsoft Word
- R
- Regression Analysis
- Windows
- Stata
- Microsoft Powerpoint
- Research Experience
- Data Modeling
- Writing Skills
About Company
0-50 employees
IMC is where the brightest minds in trading, technology, and quant research come together to solve the industry’s greatest challenges. Explore careers with us.
