Researcher

Optiver is an industry leader across everything we do. We don’t just meet industry standards we aim to set them! With trading teams focusing on a broad range of options and delta1 products we are able to provide an unrivalled universe of exciting opportunities for our employees. Through our core function as a market-maker we continuously improve the market by being the source of liquidity for market participants.

Can you solve this puzzle?

Calvin has to cross several signals when he walks from his home to school. Each of these signals operate independently. They alternate every 80 seconds between green light and red light. At each signal, there is a counter display that tells him how long it will be before the current signal light changes. Calvin has a magic wand which lets him turn a signal from red to green instantaneously. However, this wand comes with limited battery life, so he can use it only for a specified number of times.

  1. If the total number of signals is 2 and Calvin can use his magic wand only once, then what is the expected waiting time at the signals when Calvin optimally walks from his home to school?
  2. What if the number of signals is 3 and Calvin can use his magic wand only once?
  3. Can you write a code that takes as inputs the number of signals and the number of times Calvin can use his magic wand, and outputs the expected waiting time?

Did you like this puzzle? Are you looking for bigger challenges? Do you want to use your analytical skills to solve real world problems and see the results right away? Do you enjoy writing computer programs? Then the researcher position might be a great opportunity for you!

What you'll do

As a researcher you will work in a team with traders and researchers, right on the trading floor. You will spend your first weeks at Optiver in a structured training program to learn about options, market making and delta 1. You will then immediately start your first project, with the support of a senior researcher. We expect you to be versatile, flexible and very creative to think of new innovative solutions. In return we give you the freedom to pursue your ideas and implement them right into our production systems. Within a few months, you will play a key role in developing automated analysis programs and trading algorithms.

What you’ll need

What you’ll get

Alongside this you will get great secondary benefits such as 25 paid vacation days, fully paid first-class commuting expenses, training opportunities, discounts on health insurance, breakfast and lunch facilities, sports and leisure activities, Friday afternoon drinks and even weekly in-house chair massages. Being highly international, we are accustomed to guiding expats through their relocation, offering competitive relocation packages and providing visa sponsorship where necessary.