--- title: 'Floor Trader - AMEX at Belvedere Trading' canonical: 'https://feeny.ai/job/floor-trader-amex-belvedere-trading-new-york-tvb9bct2dzdv' type: 'job' last_seen: '2026-09-07' --- # Floor Trader - AMEX at Belvedere Trading - **Company:** Belvedere Trading - **Location:** New York, NY - **Compensation:** $175k–$250k - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-07-01 - **Last confirmed live:** 2026-09-07 - **Apply:** https://jobs.lever.co/belvederetrading/49e8b507-aed4-4182-925e-7c24ff5746c0 ## Job description Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry. Join the pulse of the trading floor at Belvedere Trading, where tradition and innovation converge in the dynamic environment of the AMEX trading floor. As a Floor Trader, you’ll play a critical role in providing liquidity and driving performance in the open outcry marketplace. At Belvedere, we’ve built our success on a foundation of intellectual curiosity and continuous improvement. From developing proprietary technology to refining our trading strategies, we are committed to staying at the forefront of the industry. Our traders work seamlessly with our technology teams to optimize models and enhance performance, ensuring we remain agile in an ever-evolving market landscape. 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. ## About Belvedere Trading ## Company Overview - **One-liner**: Belvedere Trading is a Chicago-based proprietary trading firm specializing in equity index and commodity derivatives, using ultramodern technology and risk management to capitalize on market inefficiencies. - **Entity Type**: Private (proprietary trading firm, no external funding disclosed) - **Headquarters**: Chicago, Illinois, United States (with an office in Boulder, Colorado, and a Singapore office) - **Founded**: 2002 - **Founders**: Not publicly disclosed; key executives include Yezdaan Baber (CEO), Yury Pensky (President), Tom Hutchinson, and Richardo Forrer. ## Core Business - **Primary industry**: Financial services – proprietary trading and market-making in exchange-traded options and derivatives. - **Target customers**: The firm trades its own capital; it also offers customized capital backing programs for experienced traders and trading groups. - **Mission or purpose**: To combine market experience, proprietary technology, and a relentless focus on team development to stay at the forefront of the evolving financial markets. ## Products & Services - **Proprietary Trading & Market-Making**: Belvedere trades equity index and commodity derivatives on exchanges like the Chicago Board Options Exchange, using internally built models and software to identify and exploit pricing inefficiencies. - **Capital Backing Programs**: Customized financial backing for experienced traders and trading groups, providing risk management, compliance, HR, recruiting, and competitive execution rates under the Belvedere umbrella. - **Belvedere Trading University (BTU)**: An internal training program for new hires and interns, covering trading strategies, technology, and risk management. ## Market Standing - **Valuation/Market Cap**: Not publicly available (private firm). - **Key Metric**: Headcount of approximately 279–300 employees (as of 2025–2026), growing ~13% year-over-year. - **Notable Investors/Partners**: None disclosed; the firm is self-funded and operates with its own capital. - **Growth Signals**: Year-over-year headcount expansion, opening of a Singapore office, continued recruitment for experienced traders and technology roles, and low turnover with high employee referral rates. ## Competitive Advantages - **Proprietary Technology**: All trading models and software systems are built in-house and continuously re-engineered, giving the firm a speed and efficiency edge. - **Culture & Retention**: Low turnover and high referral rates, driven by an entrepreneurial, empowered work environment with minimal barriers to communication. - **Risk Management**: Diligent risk, compliance, and finance management capabilities that allow quick adaptation to market changes. - **Training Investment**: Belvedere Trading University (BTU) ensures new hires rapidly develop deep market and technical skills. ## Strategic Focus - **Geographic Expansion**: Growing presence in Singapore and Boulder to access new talent and markets. - **Technology Leadership**: Continued investment in software engineering, quantitative research, and data engineering to maintain a competitive edge. - **Talent Development**: Emphasis on attracting diverse, high-caliber individuals and fostering a culture of ownership, iterative innovation, and teamwork. ## Why Work Here - **Culture**: Casual dress code, open communication, strong work-life balance, and a small-company feel despite growth. Team members are empowered through a Culture Committee that plans social events and fringe benefits. - **Remote/Hybrid Policy**: Not explicitly stated; roles appear to be primarily in-office (Chicago, Boulder, Singapore) with virtual interview options. Interns receive housing assistance in Chicago. - **Notable Perks**: Comprehensive health coverage, 401(k), parental leave, wellness program, continuing education, transit benefit, relocation reimbursement, mentorship program, and regular company-wide social events. Interns receive medical coverage, housing assistance, and dedicated intern events. - **Engineering Culture**: Software Engineers build proprietary applications; Junior Quantitative Trading Analysts rotate between trading and technology projects. Sponsorship is available for Software Engineer and Quantitative Research roles. ## Sources 1. [belvederetrading.com – About](https://www.belvederetrading.com/about) 2. [belvederetrading.com – Working at Belvedere](https://www.belvederetrading.com/working-at-belvedere) 3. [belvederetrading.com – Our Positions (Careers)](https://www.belvederetrading.com/our-positions) 4. [belvederetrading.com – What Sets Us Apart](https://www.belvederetrading.com/what-sets-us-apart) 5. 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