Trader - Options
Nine Mile
Sydney, Australia
Nine Mile is an electronic principal trading firm focused on market-making and arbitrage opportunities globally.
Technology is at the forefront of our business, powering Nine Mile's unified global trading platform and the micro-decisions required for successful trading.
Nine Mile's scale and efficiency allow us to be nimble, responding quickly to market opportunities and regulatory changes, whilst operating within a robust operational risk management framework.
At our heart, it's our people that power Nine Mile - our strategy, technology, and relationships.
We are proud to have a team of highly motivated, intelligent individuals who strive to solve complex problems through creative, sophisticated technology in an open, meritocratic environment.
The Role
Join Nine Mile's market making team as a Trader, based in Sydney, focused on options across APAC.
We're expanding into options market making, with a mandate to build out across a range of products and asset classes over time.
You'll develop and execute market making strategies and manage risk across listed options.
This is an early role in a growing part of our business, so you'll have genuine ownership over how the book is traded and where it goes next, working alongside a small, technical team from strong trading backgrounds.
Key responsibilities include:
Developing and executing options market making strategies across APAC, with scope to grow across a range of products and asset classes over time
Pricing options and managing the book across the greeks, volatility surface, skew, and term structure
Dynamically hedging options risk using underlying equities, futures, and ETFs
Identifying and exploiting relative value and arbitrage opportunities across options, their underlyings, ETFs, and related derivative instruments




Researching and developing new systematic trading opportunities within options markets
Working closely with technology to design and improve pricing models, quoting engines, and execution tools tailored to options market microstructure
Collaborating closely with the broader market-making team
Proactively engaging with regulators, exchanges, issuers, and brokers across APAC options and derivatives markets
What you Will Bring
5+ years of options trading or market making experience at a High-Frequency Trading or Market Making firm, ideally in listed or exchange traded options
Deep understanding of options pricing and risk, including volatility surfaces, the greeks, skew, and term structure
Hands-on experience running and managing an options book, including dynamic hedging
A track record of developing and owning trading strategies, with the appetite to help grow a new area of the business
Strong grasp of options and derivatives market microstructure
Familiarity with ETFs or the wider APAC derivatives landscape is a plus
Proficiency in Python
Highly advanced capability in probability, statistics, and stochastic processes
Excellent numerical, analytical, and problem-solving skills
A genuine passion for financial markets, particularly systematic and quantitative options trading
Strong academic record in Mathematics, Engineering, Physics, Econometrics, Computer Science, or a related discipline
Our Culture
At Nine Mile, we operate in a highly competitive and dynamic setting.
Our success depends not only on our vision, technology, and strategies, but on the people who bring them to life every day.
We foster a culture that rewards open interaction, rigorous problem-solving, creativity, and teamwork.
We believe helping others succeed is as important as individual achievement.
Challenge your ideas.
Work with us.
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📌 Options Trader (New South Wales)
🏢 Nmftrading
📍 New South Wales