Headlands Tech Organization, LLC seeks a Research Developer for its Chicago, Illinois office to perform the following duties:

• Maintain and extend the Firm’s core research platform software: 
  • Design, implement and maintain software for strategy optimization, post-trade analysis and strategy PnL performance investigation, and visualization;
  • Complete automated electronic trading strategy reconciliation and performance monitoring;
  • Investigate new technologies to improve the stability, scalability and performance of the research platform;
  • Write and maintain extensive unit and integration tests.

 

• Maintain, enhance and grow the Firm’s portfolio of automated electronic trading strategies within the platform:
  • Utilize techniques from machine learning and data science to develop and improve pricing models for a wide variety of financial instruments such as futures, bonds, and equities; 
  • Discover and analyze optimal parameters for trading behavior, such as when a strategy should send an aggressive liquidity-taking order or a passive liquidity-providing order and when an order should be canceled.

 

• Conduct code review of other Research Developers, Platform Developers, Systems Engineering and Operations team members.

 

• Ensure quality of market data and simulation environment used within platform: 
  • Complete extensive testing of market data parsing and order or level book code to ensure automated electronic trading strategies have an accurate and up-to-date view of the current book for any financial instrument used in a pricing or trading model; 
  • Improve and maintain ability to simulate trading strategies.

 

• Implement new trading strategies in collaboration with the Platform Development and Operations Teams: 
  • Implement new alphas for trading strategies (alphas drive the predictive behavior of the strategy); 
  • Investigate signal issues for trading systems’ alphas, such as their behavior during unusual market events; 
  • Investigate and reconcile differences between trading strategies performance in simulation versus production; 
  • Investigate production trading issues in collaboration with Platform Development and Operations Teams.

 

• Conduct performance optimization of the Firm’s research platform: 
  • Benchmark latency and throughput; 
  • Develop new platform algorithms to develop performance at a higher level.

 

• Build monitoring systems for strategy PnL performance, daily and over longer periods of time. 

 

• Work with a variety of tools and technologies including Python, Java, C++, and Git.

MINIMUM REQUIREMENTS:

Bachelor’s degree in Computer Science or related quantitative field plus at least 1 year of quantitative technology development experience within the trading industry, including algorithm development, data analysis, data engineering, and use of C++, Python, and Git.

Must pass Headlands Tech Organization, LLC’s coding test.

Must be willing to work all shifts (i.e., weekday evenings and weekends) for domestic and international trading hours coverage.

HOW TO APPLY:

To apply, send resume to Headlands Tech Organization, LLC, Attn: Kristen Grisius, 444 W. Lake Street, Ste. 4650, Chicago, IL 60606. Please reference job title.