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PHLX Options Floor Trader

Chicago Trading Company
Full-time
Remote
Worldwide
$175,000 - $200,000 USD yearly

JobsCloseBy Editorial Insights

CTC is a cutting-edge proprietary trading firm seeking an experienced Floor Trader to trade PHLX options on Index, ETF, and single stock products. The role runs 8:30 am to 4:30 pm ET, with trading hours 9:30 am to 4:15 pm, Monday through Friday, and offers a remote US arrangement. You’ll be backed by pricing, technology, and market-making support to provide liquidity and make independent decisions. Requirements include 2+ years of options floor trading, experience across Index, ETF, and single stock options, strong judgment under pressure, proactive communication, and the ability to navigate broker relationships. Salary $175k-$200k plus discretionary bonus, benefits, and a DEI commitment. Tip: tailor your resume to quantify liquidity-led results, risk controls, and readiness for proprietary tech training.


CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industry’s most challenging problems and take calculated risks in a collaborative environment.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

The Role

We are seeking an experienced Floor Trader to trade Index, ETF, and single stock options on the PHLX floor. You will be challenged each day to provide elite liquidity in a competitive environment. You will be backed by CTC’s world-class pricing, technology, and market making team. You will use your execution skills to identify opportunities and make independent trading decisions on behalf of the team. 

The shift runs from 8:30 am-4:30 pm ET (trading hours 9:30 am-4:15 pm), Monday to Friday. The successful candidate will undergo training to master CTC’s proprietary technology and trading strategy.

What You’ll Do

  • Maintain schedule from 8:30 am - 4:30 pm ET, Monday to Friday
  • Make reliable, quality markets and provide top-tier liquidity across multiple products
  • Leverage strong trading acumen and operational excellence to make profitable decisions while minimizing risk of errors
  • Foster and navigate broker and other market maker relationships
  • Communicate opportunities and trade information to CTC market making desks
  • Continuously adapt trading strategy based on market environment and results

What We’re Looking For

  • Minimum 2 years of options floor trading experience
  • Experience in Index, ETF, & single stock options trading
  • Strong, independent trading judgement under pressure
  • Demonstrated ability to navigate complex relationships
  • Proactive and clear communication skills
  • Sound operational skillset
  • Ability to prioritize the most important thing at any given moment

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance. 

Salary Range$175,000$200,000 USD

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits 

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous medical coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, quarterly recharge days, and a variety of other benefits focused on providing the best employee experience. 

(Disclaimer: interns and contractors are not eligible for benefits at CTC) 

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. 

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [email protected]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.