About Kbit Kbit is a quantitative, tech-driven investment manager specializing in cryptocurrency trading. With over $150 million in assets under management and a strong 7-year track record, we’ve established ourselves as a leader in the crypto investment space.
Our proprietary trading platform enables us to execute hundreds of thousands of trades daily in cryptocurrencies and associated derivatives, totaling $5 to $10 billion in monthly trade volume. Our market-neutral approach with diverse sources of alpha has allowed us to produce a strong return track record across various market regimes.
Led by an experienced team and having strong financial footing, Kbit is well-positioned for continued growth and success. Our culture is entrepreneurial and scientific, with a focus on computer science, engineering, and quantitative research.
As a small, globally distributed team, we’re expanding the scope and breadth of our trading strategies while growing our capital base. Our mission is to leverage technology and quantitative methods to navigate the dynamic cryptocurrency markets and deliver superior returns.
Role Overview As a Quant Options Trader at Kbit, you will spearhead the development and execution of quantitative options trading strategies on centralized cryptocurrency exchanges. Building on our robust delta-one trading strategies, which include market making and arbitrage in crypto spot and perpetual swap markets, you will lead our expansion into options trading. While prior experience in cryptocurrency markets is not required, you should have a strong background in professional options trading. Our firm is focused on systematic and algorithmic trading, and you will be expected to develop automated strategies such as market making in options markets, volatility arbitrage, and cross-market arbitrage.
We are open to applicants for this position in Singapore, Hong Kong, London, NYC, and San Diego.
Key Responsibilities
Identify opportunities and profitable strategies for trading cryptocurrency options
Lead the design and development of systematic options trading strategies
Continuously review strategy performance looking for new opportunities and areas for improvement
Collaborate with the engineering team to implement and optimize trading algorithms
Stay updated on market trends and developments in the crypto options space
Qualifications
Deep understanding of option mechanics and option trading strategies
3+ years’ experience trading options at a hedge fund or prop trading firm