Spot Trading LLC

Founded in 1999 by Rob Merrilees, Spot Trading was one of the first entirely off-floor proprietary trading firms amongst its peers. Spot excelled at leveraging a combination of quantitative and qualitative analysis, internally developed trading tools, and trader decision making to price the universe of listed equity options. As technological advances transformed capital markets, proprietary trading firms came to look more and more like applied technology firms. As a result, Spot grew from 4 employees at inception to over 150 employees - becoming proficient in the uses of high-performance computing, low latency data feeds and networks, automated trade execution, and the development of AI enhanced algorithmic trading strategies. Spots innovative approach to solving the big data challenges inherent to the equity options markets enabled the firm to monitor the pricing of over one million individual securities in real time. Spot regularly traded over 100,000 equity option contracts ...