Quant Trader (Sports Event Market Making)
- London
- Permanent
- Full-time
- Market Making and Trade Execution: Systematically providing liquidity by posting buy and sell offers, narrowing spreads, and facilitating efficient market operations as appropriate.
- Market Analysis: Continuously monitor a wide range of sports prediction markets-including but not limited to soccer, basketball, baseball, football, and emerging eSports-for price movements, liquidity, and volatility. Analyze historical data, trends, and live odds to identify trading opportunities.
- Risk Management: Monitor overall portfolio risk, position limits, and exposure caps to stay within risk tolerance. Adjust strategies based on variance, probability shifts, and new information.
- Trading Operations (BAU): Test and provide liquidity for new sports contracts when listed.
- Trading Development: Collaborate with developers and risk managers to improve the trading infrastructure, including connectivity, pricing, execution, and booking logic.
- Bachelor's degree in Mathematics, Statistics, Economics, Finance, Computer Science, or a related discipline. Advanced degrees are an asset.
- 5+ years of profitable sports prediction trading experience on a leading trading desk in a bank, proprietary trading firm, or market-making shop.
- Demonstrated experience in successfully building and managing trades.
- Familiarity with Python and a keen interest in expanding your technical skillset.
- Strong critical thinking skills and a commitment to continuous improvement.
- Excellent organizational and interpersonal skills, with strong attention to detail.
- Adaptive, self-motivated, enjoy challenges and responsibility, and thrive in fast-paced, competitive environments.
- Experience with prediction market platforms, sports betting exchanges, or similar financial environments.
- Ability to work effectively under pressure and in dynamic, fast-paced environments.
- Monitor 24/7 market activity and update trading models with the latest data in collaboration with the team.
- Conduct pre-market and post-market analyses of upcoming sporting events, identifying key opportunities and risks.
- Place trades across multiple markets, responding to changes in live odds, news reports, and betting flows.
- Communicate with team members to discuss strategies, notable events, and market shifts.
- Monitor active positions, adjust orders, and hedge exposures throughout the day.
- Analyze trade outcomes and refine predictive models for future events.
- Prepare end-of-day summaries, performance reviews, and compliance reports.