--- title: 'Options Trader at Wintermute' canonical: 'https://feeny.ai/job/options-trader-wintermute-london-z70r6rq3950z' type: 'job' last_seen: '2026-09-13' --- # Options Trader at Wintermute - **Company:** Wintermute - **Location:** London, United Kingdom - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-06-30 - **Last confirmed live:** 2026-09-13 - **Apply:** https://jobs.lever.co/wintermute-trading/f0db771f-936b-4999-91d1-7a13fa0b8c25 ## Job description ## About Wintermute Wintermute is one of the largest algorithmic trading companies in digital assets. We provide liquidity algorithmically across all major  cryptocurrency exchanges and trading platforms, a broad range of OTC trading solutions as well as support high profile blockchain projects and traditional financial institutions moving into crypto. Wintermute is not just a trading company, it is one the most prominent and influential players in the digital asset markets: we are connected and partnering with all major players in the industry, we actively participate in the development of the blockchain ecosystem through investments, partnerships, and incubation of projects. You can read more here. What will you work on We are looking for an experienced options trader with a proven track record at a top tier trading firm. At Wintermute, you will be responsible for building and scaling our option trading business. No legacy systems, no corporate bureaucracy, no multiple levels of approvals. It is up to you to make an impact.  You will act like an owner and your incentives will be completely aligned with those of the company! Coding experience or some demonstrated ability to learn it very quickly is required. Responsibilities: - Monitor and rationalise crypto market flows across spot, perpetuals, futures, and options to identify volatility and skew dislocations. - Analyse exchange-level positioning, funding dynamics, open interest, and on/off-exchange flows to uncover structural and tactical trading opportunities. - Research and backtest volatility surface dynamics, term structure, skew behaviour, relative value and dispersion trades across major digital assets (e.g. BTC, ETH and liquid altcoins). - Develop and refine alpha signals combining market microstructure insights with quantitative research tools. - Actively participate in trading and risk-managing a multi-exchange crypto options portfolio, including delta, vega, gamma, and cross-venue risk. - Contribute to the desk’s expansion into systematic and semi-systematic volatility strategies. - Own the full investment lifecycle from intuition and thesis development through modelling, execution, and post-trade performance analysis. - Collaborate with engineering and infrastructure teams to optimise electronic execution, improve latency-sensitive routing, and enhance automation across exchanges. - Monitor exchange counterparty risk, liquidity fragmentation, and structural inefficiencies unique to crypto derivatives markets. Hard skills requirements: - 3-5+ years of option trading experience at one of the top tier trading firms in the space (must have); we prefer proprietary trading experience with significant component of systematic and algorithmic trading (not only position taking or executing client trades). - Deep understanding of option pricing and risk frameworks; ability to design these from scratch based on prior expertise. - Excellent quantitative and analytical skills: we will test (must have). - Python/coding skills is a significant advantage; otherwise, willingness and ability to learn Python within several months on own time is required. Other requirements: - Have an owner mentality - you focus on the ultimate result - P&L for the company and strategically growing the business and Wintermute partnerships. - Love problem solving, and love seeing your products work; you do whatever it takes to do what’s needed (trading, coding, analysing data, collaborating). - Determined, ambitious yet humble, willing to work hard and learn on the way. - Like meritocracy and being judged by what you deliver. - Have an entrepreneurial mindset versus working  9-to-5 mentality; prepared to work non-standard working hours (since we are a pivotal player in the crypto markets that don’t stop 24/7 ). - Like working in a team collaborative environment. ## About Wintermute ## Company Overview - **One-liner**: Wintermute is an algorithmic trading firm and market maker that provides liquidity across centralized and decentralized exchanges to make digital asset markets more liquid and efficient. - **Entity Type**: Private (no public funding rounds disclosed) - **Headquarters**: London, UK (registered in England & Wales) - **Founded**: Not publicly available - **Founders**: Not publicly available ## Core Business - **Industry**: Digital asset market making, algorithmic trading, and DeFi infrastructure. - **Target Customers**: B2B – centralized exchanges (CEXs), decentralized exchanges (DEXs), DeFi protocols, institutional investors, and blockchain projects. - **Mission**: “Making digital asset markets liquid and efficient.” [wintermute.com](https://www.wintermute.com/) ## Products & Services - **OTC Trading**: Spot and derivatives trading across the widest range of digital assets via a desk that sits at the source of liquidity. [wintermute.com](https://www.wintermute.com/) - **Market Making**: Algorithmic liquidity provision on 60+ centralized and decentralized exchanges, including support for token listing and market making services. [leviathan.news](https://leviathan.news/atlas/wintermute) - **DeFi**: Active participation as a builder, liquidity provider, blockchain researcher, and governance contributor. Key innovations include work on MEV and the Rizzolver protocol. [wintermute.com](https://www.wintermute.com/company/careers) - **Wintermute Ventures**: An investment arm focused on early-stage DeFi protocols, providing capital and value-add support. [wintermute.com](https://www.wintermute.com/) - **Wintermute Node**: Platform product for counterparties, covering the full trade lifecycle. [wintermute.com](https://www.wintermute.com/company/careers) ## Market Standing - **Valuation/Market Cap**: Not disclosed - **Key Metric**: Over $10 billion in average daily trading volume across global venues. [cryptoslate.com](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) - **Notable Partners/Clients**: Supplies liquidity for the Fidelity Wise Origin Bitcoin Fund; whitelisted market participant for BlackRock’s BUIDL tokenized money-market fund via UniswapX. [cryptoslate.com](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) - **Growth Signals**: In August 2025, Wintermute USA secured SEC broker-dealer registration and FINRA membership, clearing the way to act as an authorized participant for digital asset ETPs. The firm also benefited from the SEC’s 2025 approval of in-kind creations/redemptions for Bitcoin and Ethereum ETFs. [cryptoslate.com](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) ## Competitive Advantages - **Technology- First Edge**: Low-latency trading systems, data & market signal engineering, and top-tier infrastructure security give Wintermute a performance advantage over many competitors. [wintermute.com](https://www.wintermute.com/company/careers) - **Cross- Ecosystem Reach**: Provides liquidity across both CEXs and DEXs, bridging traditional finance and DeFi with deep expertise in both domains. [leviathan.news](https://leviathan.news/atlas/wintermute) - **Non-hierarchical Culture**: Flat structure where results outweigh seniority – every role is expected to have a direct revenue impact. [wintermute.com](https://www.wintermute.com/company/careers) - **Regulatory First- Mover**: SEC broker-dealer registration positions Wintermute to compete with traditional market makers like Jane Street for ETF authorized participant roles. [cryptoslate.com](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) ## Strategic Focus - **U.S. Securities Expansion**: Leveraging the new broker-dealer license to become an authorized participant for crypto ETPs and trade securities for its own account. [cryptoslate.com](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) - **Deepening DeFi Leadership**: Continuing to build innovative protocols (Rizzolver), contribute to governance, and expand the DeFi research practice. [wintermute.com](https://www.wintermute.com/company/careers) - **Scaling Ventures & Partnerships** Growing the BD team to onboard more blockchain projects and institutional counterparties globally. [wintermute.com](https://www.wintermute.com/company/careers) ## Why Work Here - **Culture**: Non-hierarchical, informal, and direct. “We empower everyone from day 1 to act like an owner.” Results are rewarded generously, and every role is treated as revenue-generating. [wintermute.com](https://www.wintermute.com/company/careers) - **Work Mode**: Hybrid and on-site roles available across London, New York, and Singapore. Some positions are full-time on-site. [jobs.lever.co](https://jobs.lever.co/wintermute-trading) - **Team Dynamics**: High- performing, collaborative, and fast-paced. The company values versatility and expects all team members to make a true impact. [wintermute.com](https://www.wintermute.com/company/careers) - **Perks**: Working lunch options, social events, and a “work hard, play hard” balance. [wintermute.com](https://www.wintermute.com/company/careers) ## Sources 1. [Wintermute Careers Page](https://www.wintermute.com/company/careers) 2. [Wintermute Job Listings (Lever)](https://jobs.lever.co/wintermute-trading) 3. [Wintermute Main Website](https://www.wintermute.com/) 4. [Leviathan News Wintermute Explainer](https://leviathan.news/atlas/wintermute) 5. [Cryptoslate: Wintermute takes aim at Wall Street’s crypto ETF gatekeepers](https://cryptoslate.com/wintermute-takes-aim-at-wall-streets-crypto-etf-gatekeepers/) ## Other roles at Wintermute - [Business Development Manager (Sports/Prediction Markets)](https://feeny.ai/job/business-development-manager-sports-prediction-markets-wintermute-london-7a7npdxr9rry) — London, United Kingdom / New York, NY - [Algorithmic Trader](https://feeny.ai/job/algorithmic-trader-wintermute-london-z2b40gmc52yq) — London, United Kingdom / New York, NY - [Institutional Business Development - Manager/Director](https://feeny.ai/job/institutional-business-development-manager-director-wintermute-london-y82q4s7ranm9) — London, United Kingdom / New York, NY - [Business Development & Partnerships — All Levels](https://feeny.ai/job/business-development-partnerships-all-levels-wintermute-new-york-6n74hg40c4fw) — New York, NY - [DeFi Algorithmic Trader](https://feeny.ai/job/defi-algorithmic-trader-wintermute-london-4gdhwb4be4sq) — London, United Kingdom / New York, NY / Singapore, Singapore - [Prediction Markets Trader](https://feeny.ai/job/prediction-markets-trader-wintermute-new-york-vzb3964ahsxk) — New York, NY - [Graduate Algorithmic Trader 2027](https://feeny.ai/job/graduate-algorithmic-trader-2027-wintermute-new-york-6r01ftb07m7x) — New York, NY - [Full Stack Engineer](https://feeny.ai/job/full-stack-engineer-wintermute-london-x00c7817rhx7) — London, United Kingdom - [Product Engineering - Team Lead](https://feeny.ai/job/product-engineering-team-lead-wintermute-london-6gq01n0ax665) — London, United Kingdom - [Machine Learning Researcher](https://feeny.ai/job/machine-learning-researcher-wintermute-london-2drnfbcbagws) — London, United Kingdom