Floor Broker - WEX

As a Floor Broker at Wolverine Execution Services (WEX), you will execute trades for clients within the CBOE trading environment, both on the Exchange floor and electronically when applicable.

What We're Looking For:

• Bachelor's degree in finance or a related field, or equivalent practical experience
• At least 3 years of experience in the SPX options pit
• Strong quantitative and analytical abilities
• Entrepreneurial and self-motivated 
• Excellent communication skills and a collaborative team-oriented approach
• Required: Series 7 or Series 57 

What You'll Do:

• Execute option trades via Open Outcry on the CBOE Exchange Floor and electronically when available
• Identify liquidity sources to optimize order pricing
• Operate the CBOE floor broker workstation and par stations
• Summarize trade activity for clients to help assess trading decisions
• Provide backup support for Brokers and/or Clerks in other trading pits as needed
• Participate in monthly compliance meetings
• Engage in annual compliance exams




All candidates must be eligible to work in the U.S. without sponsorship.

About WEX:

Based in Chicago, Wolverine Execution Services, LLC (WEX), a subsidiary of Wolverine Trading, LLC, offers clients multiple venues of execution. WEX offers three tiers of execution via our proprietary electronic trading platform, direct floor access, and our institutional trading desk. WEX provides our clients who are seeking execution for stock and ETF’s, options and futures with anonymity, superior execution quality and sophisticated order management. By employing an experienced team of institutional traders with a strong presence in the U.S. equity markets, WEX’s expertise is focused on finding the best execution, while minimizing market impact.

Base salary is $95,000 - $125,000. Base salary is only one part of Wolverine Execution Services, which includes an annual discretionary bonus.

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Why Wolverine?

Wolverine Culture:

Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff (don't worry, they won't be wearing a suit either). While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.

Wolverine Benefits:

· Highly competitive salary & bonus opportunity

· Generous paid time off and flexible scheduling

· 100% coverage of medical, dental, vision, life, and disability benefits for single coverage

· Generous Paid Parental Leave

· Retirement Plans: 401K and Roth 401K

· Profit sharing plan

· Long- and short-term disability 

Perks of being at Wolverine:

· Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)

· On-site gym with a subsidized membership

· Frequent company outings

· Opportunity to give back to organizations that help individuals in need in the Chicagoland area

Professional Development:

· In-house education team – classes and resources are offered for continuous learning opportunities

· Mentorship Program through your first six months of employment

About Us:

Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services, and technology solutions. We are recognized as a market leader in derivatives valuation, trading, and value-added order execution across global equity, options, and futures markets. With a focus on innovation, achievement, and integrity, we take pride in serving the interests of both our clients and colleagues. The Wolverine companies are headquartered in Chicago with an office in New York and a proprietary trading affiliate office located in London.