Options Trading Intern

About Roscommon Analytics:

Roscommon Analytics LLC is a fast-growing business using technology and analytics expertise to generate profits in the energy commodity markets, with a focus on power and natural gas. Since our inception in November 2016 Roscommon has a single, “brand-name” institution as its financial partner.  The firm has grown to over 90 employees with offices around the globe.

The firm commenced operating in the US Power and Congestion markets with its first trades in the Financial Transmission Rights market in April 2017. Growing that base in 2018 with the addition of Power basis trading on ICE and Nodal exchanges.  The firm’s initial international expansion into the Australian power markets brought geographic diversity while positioning for future market changes anticipated in the Australian congestion markets.

2020 brought entry to the US Natural Gas and Weather markets complementing our core power and basis strategies.  Beaufort Energy LLP was created in 2021 marking our entry to the European Markets enabling us to capitalize on global energy trading opportunities.  Quickly following in 2022 Beaufort expanded adding offices in Berlin & Zug.  Roscommon Nordic Energy AB was also founded in 2022 headquartered in Stockholm with a focus on Nordic power markets.

In US markets the major 2022 growth initiative was a Joint Venture in Spearmint Energy focused on renewable energy markets, developing utility scale batteries, and leveraging Roscommon’s deep understanding of the Global Power Markets.  This venture is growing rapidly with our first utility scale battery (150 MW) coming online in Crane County, Texas in late 2023 and over 1 GW in the development pipeline.  Our international expansion continues with the creation of PRIZM a quantitative trading platform that will initially focus on European markets and to later be leveraged globally.

Position Overview:

The UK Options Trading Desk is seeking an exceptional intern with a strong numerate background to join the team for Summer 2024. As an Intern, you will have the unique opportunity to gain experience with a highly technical and analytics-oriented options trading desk. We are looking for a highly capable candidate who has the aptitude and interest to rapidly learn and develop the necessary knowledge and essential skills to join our trading desk on a permanent basis in the future. There are a range of possible projects, depending on the candidate’s skill set and interests, including quantitative analytics modelling, strategy development and trading code development. It is important that you have demonstrable coding experience (ideally in python) as well as a strong interest in energy markets and options. Prior formal study of options is not necessary for strong candidates.

Responsibilities:

Responsibilities are likely to include analysing data, reading academic articles and implementing models in code. Depending on project, your work is likely to directly impact trading decisions and strategy.

Requirements

• Demonstrable programming experience (preferably Python)
• Keen interest in learning about Energy Markets and Options
• Currently enrolled in BSc or MSc Programme in Mathematics, Physics, Computer Science or similar