Belvedere Trading, LLC · 4 months ago
Market Structure Analyst
Belvedere Trading is a leading proprietary trading firm headquartered in downtown Chicago, focusing on providing liquidity through market-making activities. The Market Structure Analyst will work closely with the head of market structure to analyze trading data, monitor exchange behaviors, and optimize connectivity and market data management across various trading groups.
Financial Services
Responsibilities
Work directly with the head of market structure to work with large datasets, analyze trading data against industry data
Monitor changes in behavior across different exchange market structures
Gain an understanding of exchange fee schedules and ensure all internal stakeholders input fee data accordingly
Work with the trading teams to monitor and optimize exchange incentive programs
Distinguish critical market structure issues and understand their impact
Follow up with technology teams to ensure workflows, tickets, and system changes are implemented accurately and on time
Responsible for organizing trader setup and market data across the different trading groups at Belvedere
Coordinate with the Finance department on billing and cost allocation
Manage a centralized system to optimize Belvedere’s exchange connectivity and market data footprint, including: MMIDs, MPIDs/EFIDs, GFIDs, and badges. Ports, sessions, and SMP IDs. Exchange portal access, user access to trading platforms (e.g., CME Direct, ICE Chat), market data footprint, and monthly entitlement reporting
Qualification
Required
Proven technical experience or a demonstrated interest in electronic trading or finance supporting traders in a production environment
Experience scripting and troubleshooting using PowerShell, Python, or similar languages
Solid SQL and relational database experience
Understanding networking fundamentals
Excellent critical thinking skills with the ability to understand, analyze, troubleshoot, and creatively solve problems
The ability to work in a fast-paced dynamic environment with the skills to balance multiple tasks at the same time
Preferred
GCP and Looker experience is a plus
Benefits
Discretionary bonuses
A variety of benefits