Floor Trader - MIAX

Belvedere Trading

$175K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of options market-making experience at a proprietary trading firm or similar environment.
  • Prior floor trading experience on MIAX or a comparable physical exchange.
  • Strong understanding of options pricing and market volatility.
  • Ability to apply quantitative skills to complex problems.
  • Demonstrated decision-making ability under pressure.

Responsibilities

  • Provide liquidity in assigned options products for efficient markets.
  • Execute voice-assisted or hybrid options trades with precision.
  • Apply pricing models and risk frameworks for trade management.
  • Monitor market activity and order flow in real-time.
  • Collaborate with technology teams to optimize trading tools.
  • Contribute trade analysis and market insights for strategy refinement.
  • Communicate effectively with stakeholders on the trading floor.

Benefits

  • Access to discretionary bonuses based on performance.
  • Variety of employee benefits detailed on the company website.
Full Job Description
Join the pulse of the trading floor at Belvedere Trading, where tradition and innovation converge in the dynamic environment of the MIAX Sapphire trading floor. As a Floor Trader, you'll play a critical role in providing liquidity and driving performance in the open outcry marketplace. We are seeking a seasoned professional with expertise in single stock equity volatility and a background in open outcry or voice/chat market making. This role offers the opportunity to apply your market insights and decision-making skills in a fast-paced environment where every trade makes an impact. Experience on the MIAX Sapphire floor or a comparable options trading floor is strongly preferred, particularly in environments that support large, complex orders and combine proprietary technology with open outcry price discovery. What you'll do: • Provide consistent liquidity in assigned options products while supporting efficient, orderly markets. • Execute floor-based, voice-assisted, or hybrid options trades with precision and strong commercial judgment. • Apply proprietary pricing models, volatility analysis, and risk frameworks to manage positions and improve trade selection • Monitor market activity, order flow, and quote quality in real time to identify opportunities and respond quickly to changing conditions • Partner with technologists and quantitative teams to enhance trading tools, optimize workflows, and improve execution performance • Contribute market insight, trade feedback, and post-trade analysis to help refine strategy and portfolio management • Communicate clearly with brokers, counterparties, and internal stakeholders to support effective coordination on the trading floor • Operate with strong accountability, risk discipline, and a continuous-improvement mindset aligned with firm performance goals What you'll need: • 2+ years of experience in options market-making at a proprietary trading firm or comparable trading environment • Prior floor trading experience on MIAX or comparable physical exchange • Strong understanding of options pricing, volatility, market microstructure, and liquidity provision • An ability to apply quantitative skills and logical reasoning to solve complex problems • Demonstrated ability to make high-quality decisions under pressure and manage risk in fast-moving markets. $175,000 - $250,000 a year Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here. How We Operate - Core Values Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates. Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence. Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures. Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks. Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress. Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications. We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

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