--- title: 'Trader - Trading Operations Team at Midpoint Markets' canonical: 'https://feeny.ai/job/trader-trading-operations-team-midpoint-markets-san-francisco-n22p9jbcj7c6' type: 'job' last_seen: '2026-09-09' --- # Trader - Trading Operations Team at Midpoint Markets - **Company:** Midpoint Markets - **Location:** San Francisco, CA - **Posted:** 2025-10-14 - **Last confirmed live:** 2026-09-09 - **Apply:** https://job-boards.greenhouse.io/midpointmarkets/jobs/4955620008 ## Job description ## About us We’re a proprietary trading firm building systematic quantitative strategies in crypto. Since 2018, we’ve been a consistent liquidity provider across major venues- helping markets become more efficient and mature, while staying comfortable operating at the frontier as market structure evolves. Our core strategies span market-making, HFT, and statistical arbitrage. We’re a team of engineers, technologists, researchers, and traders who build end-to-end systems: robust data and research pipelines to uncover edges, and low-latency infrastructure and execution software to capture them in production. We trade at scale (~$1B in daily notional volume) in a dynamic, fast-paced, and highly competitive environment. We’re looking for the brightest, most driven people to join us- collaborative problem-solvers who want ownership, impact, and the chance to work with a team that brings 100+ years of collective quantitative finance experience. ## About the position We are seeking a Trader to join our Trading Operations team. Our mission is to ensure every aspect of trading runs seamlessly, efficiently, and intelligently. In this role, you will be directly responsible for helping us scale our strategies to new markets. You will also help us build tools to progressively automate the management of our trading and respond to changing market dynamics. This role primarily covers Asian hours and requires a high degree of autonomy. While working independently is essential, we strongly prefer in-person attendance at our office to facilitate team collaboration when needed. Job responsibilities include: - Overseeing automated trading processes—monitoring positions, exposure, and P&L, and investigating issues as they arise. - Managing collateral and capital across exchanges to maximize efficiency. - Building deep understanding of crypto trading mechanics, including margin, leverage, fee structures, and API constraints. - Serving as primary point of contact with exchanges and optimizing our participation in market maker programs. - Troubleshooting system issues, reading trading logs, triaging errors, and implementing hotfixes when needed. - Writing, modifying, reviewing, and debugging the code that supports the trading systems - Reviewing and reconciling accounting data and P&L from multiple sources. - Executing operational tasks such as opening accounts, creating API keys, and handling non-automated trades. - Identifying process improvements and implementing automations to increase efficiency. ## What we look for We're not focused on narrow technical experience. Instead, we value smart, adaptable thinkers who take ownership and thrive under pressure. We're more interested in how you approach problems than what you already know. The ideal candidate will possess: - Deep interest in trading concepts and crypto exchange mechanics (slippage, fees, funding rates, spreads, etc.) - Strong problem solving with the ability to understand markets, interactions, identify failures in complex systems and execute solutions. - Strong analytical skills with the ability to quickly evaluate quantitative tradeoffs in real time, triage tasks, and identify the highest return in a dynamic environment. - Solid programming ability, with a focus on debugging emergent issues, and problem-solving exchange interactions: able to read code, understand tracebacks, write code to interact with exchange APIs, and critically evaluate AI-generated suggestions. - Exceptional organization and follow-through—able to manage multiple tasks and ensure none are dropped. - Strong communication skills to coordinate across developers, quants, back office, and external parties. - Adept at operating in a frenetic, high-stakes environment with long and irregular hours; a willingness to take on tasks outside of your comfort zone and work with others to elevate yourself. - Self-learner mentality with high responsiveness, including outside of structured work hours. ## Compensation The annual total compensation for this position is $150,000 – $200,000+. Final offers are determined by a variety of factors which may include, as applicable, a candidate’s technical expertise, educational background, years of experience, etc. Location We strongly prefer in-person in San Francisco. ## Benefits - Fully paid medical and dental insurance for all employees and dependents - Competitive 401k match and generous wellness benefits. - Meals at work and other perks. We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics. ## About Midpoint Markets ## Company Overview - **One-liner**: A proprietary systematic trading firm that applies quantitative research and technology to provide liquidity and efficient markets in cryptocurrency. - **Entity Type**: Private (Privately Held) - **Headquarters**: Palo Alto, California, United States - **Founded**: 2018 - **Founders**: Daniel Cohen-Wang ## Core Business - **Primary industry**: Financial Services – Quantitative Trading & Market Making in Digital Assets - **Target customers**: B2B – cryptocurrency exchanges, institutional counterparties; the firm trades its own capital (proprietary trading) - **Mission or purpose statement**: To solve complex challenges in cryptocurrency trading using a systematic and quantitative approach, delivering innovative, rigorous, and practical solutions in a dynamic, fast-paced environment. ## Products & Services - **Quantitative Research**: Developing proprietary models and strategies through data analysis and statistical modeling. - **Systematic Trading**: Automated execution of trading strategies across multiple timeframes and markets. - **Market Making**: Providing continuous liquidity and tight spreads across major crypto exchanges and trading venues. - **Risk Management**: Real-time monitoring and control systems to manage portfolio risk and preserve capital. - **Technology Infrastructure**: Building and maintaining reliable trading systems, data pipelines, and execution platforms for crypto markets. ## Market Standing - **Valuation/Market Cap**: Not disclosed - **Key Metric**: Annual Revenue estimated between $1,000,000 – $5,000,000 (LinkedIn estimate) - **Notable Investors/Partners**: The firm works closely with most of the world’s largest cryptocurrency exchanges (no specific names disclosed). Team includes senior personnel from top quantitative trading and market making firms in traditional finance. - **Growth Signals**: Founded in 2018 by a small team of UC Berkeley students; has grown to an established firm with global operations. Current headcount of 9 employees (LinkedIn, -6.7% YoY change). Monthly web traffic ~550 visits. The firm actively hires for research, development, and trading roles. ## Competitive Advantages - **Systematic, quantitative approach**: Combines scientific rigor with proprietary models to compete in fast-moving crypto markets. - **Deep exchange relationships**: Provides liquidity on most of the world’s largest crypto exchanges. - **Experienced team**: Over 100 years of combined quantitative trading experience, with senior hires from top traditional finance quant firms. - **Technology-first culture**: Systems built from the ground up by world-class engineers, emphasizing high-performance distributed systems. ## Strategic Focus - Expanding trading strategies to new markets and products. - Scaling and automating research processes and trading operations. - Maintaining a lean, high-impact team that bridges research, development, and live trading. ## Why Work Here - **Culture**: Dynamic, fast-paced, and highly competitive environment focused on solving challenging problems in crypto trading. - **Work Model**: Remote workspace (per Built In profile). - **Team**: Small, tight-knit group of scientists, engineers, and traders. Opportunity to have outsized impact. - **Compensation**: Salary ranges from LinkedIn data: Trading Analyst ~$106,000/year, Software Engineer ~$139,949/year. - **Career Growth**: Roles span research, development, and trading – employees gain exposure to the full lifecycle of quant trading. - **Notable**: The firm actively seeks exceptional talent and accepts unsolicited resumes even if no exact role is listed. ## Sources 1. [midpointmarkets.com](https://www.midpointmarkets.com/) 2. [midpointmarkets.com/about](https://www.midpointmarkets.com/about) 3. [midpointmarkets.com/careers](https://www.midpointmarkets.com/careers) 4. [LinkedIn – Midpoint Markets](https://www.linkedin.com/company/midpoint-markets) 5. [Built In – Midpoint Markets](https://builtin.com/company/midpoint-markets) ## Other roles at Midpoint Markets - [Quantitative Developer](https://feeny.ai/job/quantitative-developer-midpoint-markets-san-francisco-f0kvn8aa88hm) — San Francisco, CA / Japan / Australia / New Zealand / South Korea / Singapore / United Arab Emirates / Israel / Europe - [Quantitative Researcher](https://feeny.ai/job/quantitative-researcher-midpoint-markets-san-francisco-0e4a84qr7f1x) — San Francisco, CA / Japan / Australia / New Zealand / South Korea / Singapore / United Arab Emirates / Israel / Europe