Prediction Markets Trader
DRWIllinois, United States
Posted January 7, 2026
175000 - 200000 USD year
Full Time
About the Company
DRW is a major Chicago-based proprietary trading firm founded in 1992 by Don Wilson, specializing in diversified, technology-driven market-making and quantitative trading across asset classes.
Job Description
DRW is a major Chicago-based proprietary trading firm that is building out a dedicated prediction markets desk. As a Prediction Markets Trader, you will develop, execute, and optimize high-conviction trading strategies in binary event contracts.
Requirements
- Monitor and trade active markets in real time across Polymarket and Kalshi
- Execute strategies including market making with dynamic skew, microstructure arbitrage, cross-platform arb, news/event momentum, and statistical pairs/mean-reversion
- Develop and backtest models using historical tick data, Bayesian probability updates, NLP sentiment parsing, and ML for fair-value estimation
- Collaborate with engineering on low-latency infrastructure (API integrations, order engines, anomaly detection)
Benefits
- Group medical, pharmacy, dental and vision insurance
- 401k (with discretionary employer match)
- Short and long-term disability
- Life and AD&D insurance
- Health savings accounts
- Flexible spending accounts
