Quant Trader (Sports Event Market Making)

Job description

A Sports Prediction Market Trader operates at the intersection of data analytics, financial expertise, and a passion for sports. This role involves market-making in sports prediction contracts and managing risk in sports prediction markets. The trader’s objective is to leverage their understanding of both sports and market dynamics to maximize profits while carefully managing risks. Key Responsibilities: - Market Making and Trade Execution: Systematically providing liquidity by posting buy and sell offers, narrowing spreads, and facilitating efficient market operations as appropriate. - Market Analysis: Continuously monitor a wide range of sports prediction markets—including but not limited to soccer, basketball, baseball, football, and emerging eSports—for price movements, liquidity, and volatility. Analyze historical data, trends, and live odds to identify trading opportunities. - Risk Management: Monitor overall portfolio risk, position limits, and exposure caps to stay within risk tolerance. Adjust strategies based on variance, probability shifts, and new information. - Trading Operations (BAU): Test and provide liquidity for new sports contracts when listed. - Trading Developm...