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Floor Trader

DRW · Chicago, IL · FICC Options Trading - Liquidity Providing

Posted Sep 22, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a tool or script you built that made a task faster or smarter.

What they are checking: Programming and tool-building skill, since the role develops tools for real-time analysis.

Tell me about a time you made a decision quickly and it turned out wrong. How did you react?

What they are checking: Emotional control and learning after losses, which matter in a trading seat.

Why trading on a floor rather than a purely screen-based role?

What they are checking: Genuine interest in the specific environment and willingness to work face to face in a loud, fast setting.

What market opportunity have you noticed lately that you'd want to research?

What they are checking: Curiosity and independent thinking about markets, which the posting expects new traders to contribute.

What would you do

A broker shows you a large order and you have seconds to respond. What are you thinking about?

What they are checking: Quick risk thinking under time pressure, including position, edge and what the order might signal.

How would you communicate useful market information to teammates without flooding them with noise?

What they are checking: Judgment about what information matters and when, which the posting names as part of the job.

About the work

You'd split time between the Cboe trading floor and DRW's desk. What do you think happens on an options trading floor that doesn't happen on a screen?

What they are checking: Curiosity about how open outcry and voice trading still work, and why a firm values a floor presence.

Walk me through how you'd price a call option and what changes its value.

What they are checking: Basic options intuition, including volatility, time and underlying price, which training will build on.

How would you analyze order flow and broker behavior to find patterns worth trading on?

What they are checking: Ability to turn observation into data analysis, which the posting lists as a core duty.

Here's a quick one: a stock is at 50 and you can buy a 50-strike call and sell a 50-strike put. What position does that create?

What they are checking: Quick mental math and understanding of put-call parity, which floor traders use constantly.

Practice this interview out loud.

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The full job description

As published by DRW.

Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Floor Trader , you will participate in a comprehensive training program designed to build your understanding of our products, markets, and approach to trading. You will split your time between the Cboe trading floor and DRW’s trading desk, gaining exposure to both floor-based and voice trading while developing the skills needed to take on increasing responsibility. You will work closely with experienced traders and brokers to understand market dynamics, evaluate trading activity, and improve the tools used to support real-time analysis and decision-making. How you will make an impact… • Contribute directly as a Floor Trader at DRW, building market knowledge and trading judgment through hands-on experience • Analyze order flow, trading activity, and broker behavior to identify patterns and potential trading opportunities • Develop, maintain, and enhance tools, models, algorithms, and systems that support trading analysis, visualization, and risk management • Partner with traders and engineering teams to define requirements and help develop market-beating trading tools • Monitor market activity and communicate timely, relevant market information to other team members • Research new market opportunities and contribute ideas to the team • Take on increasing ownership of trading decisions and risk as your knowledge and experience grow What you bring to the team… • A bachelor’s in economics, finance, mathematics, statistics, computer science or any related field and have an expected graduation date between December 2026 and June 2027 • A genuine interest in financial markets and a desire to build a career in trading • The ability to make thoughtful decisions in a fast-paced, high-pressure environment • Strong communication skills and the confidence to interact effectively with traders, brokers, and other market participants • A collaborative mindset, intellectual curiosity, and willingness to learn from feedback • Prior trading or financial-markets experience is helpful but not required • Proficiency in python is a plus DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.  We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.  Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.  We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it.  DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.   The annual base salary for this position is $200,000. The position is also eligible for an annual discretionary bonus.  In addition, DRW offers a comprehensive suite of employee benefits including 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, and flexible spending accounts. For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice . California residents, please review the California Privacy Notice for information about certain legal rights at  https://drw.com/california-privacy-notice .

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