Spot Trading

Investment Management • Chicago, Illinois, United States • 21-50 Employees

Company overview

Headquarters	440 South LaSalle, Suite 2800, Chicago, IL 60605, US
Phone number	+13123624550
Website	spottradingllc.com
NAICS	5231
Keywords	Equity Research, High Frequency Trading, Equity Options Market Making
Founded	1999
Employees	21-50
Socials

Key Contacts at Spot Trading

John Ahn

Director Of Operations

Juliana Lopez

Directora Comercial

Hijab Rehman

Information Technology Business Owner

Spot Trading Email Formats

Spot Trading uses 2 email formats. The most common is {first initial}.{last name} (e.g., j.doe@spottradingllc.com), used 66.7% of the time.

Format	Example	Percentage
{first initial}.{last name}	j.doe@spottradingllc.com	66.7%
{last name}	doe@spottradingllc.com	33.3%

About Spot Trading

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. Spot’s 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 and several million shares of stock per day. Spot was a member of several options and equity exchanges including: CBOE, NYSE/ARCA, NYSE/AMEX, ISE, Gemini, BATS, BOX PHLX, and Direct EDGE. Spot was also a member of the Chicago Mercantile Exchange (CME) During its time, Spot was recognized amongst its peers for a variety of awards for excellence, including: • NABC National Best and Brightest Companies to Work for 2011 • NABC National Best and Brightest Companies to Work for 2012 • NABC National Best and Brightest Companies to Work for 2013 • NABC National Best and Brightest Companies to Work for 2014 • NABC National Best and Brightest Companies to Work for 2015 • Chicago Tribune’s Top 100 Workplaces in Chicago 2014 • Chicago Tribune’s Top 100 Workplaces in Chicago 2015 Spot Trading was headquartered in Chicago and operated from 1999 until early 2018.

Spot Trading revenue & valuation

Annual revenue	$34,800,000
Revenue per employee	$1,336,000
Estimated valuation?This valuation is estimated based on industry average for the Investment Management industry and current estimated revenues	$111,200,000
Total funding	No funding

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Entry

Director

Manager

Employees by Department

Spot Trading has 8 employees across 4 departments.

Departments

Number of employees

Funding Data

Spot Trading has never raised funding before.

Frequently asked questions

Spot Trading is located in Chicago, Illinois, US.

You can reach Spot Trading at +13123624550.

Spot Trading was founded in 1999, making it 27 years old. The company has established itself as a significant player in its industry over this time.

Spot Trading has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.