About the role
Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.
About The Position
The NYSE Arca Floor Trader will execute and manage orders on the NYSE Arca trading floor, provide liquidity, facilitate institutional and broker-dealer order flow, and identify trading opportunities in equities and exchange-traded products. This role requires a strong understanding of order execution, liquidity, combined with the ability to operate effectively in an open outcry and highly automated trading environment.
What you'll do:
- Execute orders on the NYSE Arca platform and trading floor in accordance with exchange rules and firm procedures.
- Facilitate institutional, broker-dealer, and proprietary order flow while seeking optimal execution.
- (Quote and trade broker flow on NYSE Arca trading floor) Provide liquidity and participate in price discovery across assigned securities and ETFs.
- Work closely with electronic trading and quantitative research teams.
- Monitor market activity and order flow
- Respond quickly to market-moving events, news, volatility changes, and significant order imbalances.
- Ensure all trading activity complies with NYSE Arca rules, SEC regulations, and internal compliance policies
Base Salary Range
$150,000 - $200,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter.
Old Mission Capital is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission Capital via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission Capital, and no fee will be paid in the event the candidate is hired by Old Mission Capital.
Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.
Requirements
What you'll need:
- Bachelor's degree in finance, economics, mathematics, statistics, or related discipline is required.
- 2+ years of experience in equity, ETF, options, or other exchange-traded markets.
- Direct experience trading or executing orders on an exchange floor is required.
- Exceptional communication skills and the ability to work within a team in a high-paced environment
- Strong understanding of equity and ETF market structure and order types.
- Strong understanding of liquidity, spreads, order flow, and execution costs. Strong risk-management discipline.
- Excellent communication skills and ability to work with traders, brokers, clients, and technology teams.
- Experience trading ETFs and index products
- Knowledge of ETF arbitrage and underlying-basket relationships