[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"site-settings":3,"i-lucide:menu":45,"i-material-symbols:mail-outline":50,"i-simple-icons:linkedin":52,"job:D49E19DF52":54,"i-lucide:arrow-left":84},{"name":4,"tagline":5,"description":6,"nav":7,"footerNav":20,"legalNav":28,"social":32,"legal":37},"Koton","A proprietary, high-frequency market maker in digital assets.","Koton trades the world's most volatile markets and makes them more efficient, building its own technology and running algorithmic strategies at scale.",[8,11,14,17],{"label":9,"href":10},"About us","\u002Fabout-us",{"label":12,"href":13},"Trading and technology","\u002Ftrading-and-technology",{"label":15,"href":16},"Careers","\u002Fcareers",{"label":18,"href":19},"Foundation","\u002Ffoundation",[21,22,23,24,25],{"label":9,"href":10},{"label":12,"href":13},{"label":15,"href":16},{"label":18,"href":19},{"label":26,"href":27},"Meet us","\u002Fmeet-us",[29],{"label":30,"href":31},"Privacy Policy","\u002Fprivacy",[33],{"label":34,"href":35,"external":36},"LinkedIn","https:\u002F\u002Fwww.linkedin.com\u002Fcompany\u002F145200288\u002F",true,{"company":38,"email":39,"copyrightNames":40,"notices":41},"Kobano Ltd","hello@koton-trading.com",[38],[42,43,44],"Kobano Ltd is a company incorporated in Gibraltar, with its registered office at Unit G02, EUROCITY, EUROPORT AVENUE, GIBRALTAR, and company number 126164.","\"Koton Trading\" is a trademark, for which trademark registration applications have been filed in the European Union, the United Kingdom and the United States. Further information regarding the status of these applications is available upon request.","The material provided on this website is for information purposes only and does not constitute, and should not be construed as, an offer, solicitation, recommendation or invitation to enter into any transaction or to acquire or dispose of any investment, financial instrument or digital asset. Nothing contained on this website constitutes investment, financial, legal or other professional advice.",{"left":46,"top":46,"width":47,"height":47,"rotate":46,"vFlip":48,"hFlip":48,"body":49},0,24,false,"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M4 5h16M4 12h16M4 19h16\"\u002F>",{"left":46,"top":46,"width":47,"height":47,"rotate":46,"vFlip":48,"hFlip":48,"body":51},"\u003Cpath fill=\"currentColor\" d=\"M4 20q-.825 0-1.412-.587T2 18V6q0-.825.588-1.412T4 4h16q.825 0 1.413.588T22 6v12q0 .825-.587 1.413T20 20zm8-7L4 8v10h16V8zm0-2l8-5H4zM4 8V6v12z\"\u002F>",{"left":46,"top":46,"width":47,"height":47,"rotate":46,"vFlip":48,"hFlip":48,"body":53,"hidden":36},"\u003Cpath fill=\"currentColor\" d=\"M20.447 20.452h-3.554v-5.569c0-1.328-.027-3.037-1.852-3.037c-1.853 0-2.136 1.445-2.136 2.939v5.667H9.351V9h3.414v1.561h.046c.477-.9 1.637-1.85 3.37-1.85c3.601 0 4.267 2.37 4.267 5.455v6.286zM5.337 7.433a2.06 2.06 0 0 1-2.063-2.065a2.064 2.064 0 1 1 2.063 2.065m1.782 13.019H3.555V9h3.564zM22.225 0H1.771C.792 0 0 .774 0 1.729v20.542C0 23.227.792 24 1.771 24h20.451C23.2 24 24 23.227 24 22.271V1.729C24 .774 23.2 0 22.222 0z\"\u002F>",{"id":55,"shortcode":56,"title":57,"state":58,"department":59,"employmentType":60,"workplaceType":61,"location":62,"city":63,"country":64,"remote":48,"salary":65,"keywords":69,"createdAt":70,"applyUrl":71,"fullTitle":72,"code":73,"locations":74,"industry":75,"function":76,"experience":77,"education":78,"description":79,"requirements":80,"benefits":81,"fullDescription":82,"updatedAt":83},"5cbf82","D49E19DF52","Senior Researcher (HFT, Market Making, Crypto)","published","Trading","Full-time","hybrid","Brno, South Moravian Region, Czechia","Brno","Czechia",{"from":66,"to":67,"currency":68},90000,160000,"eur",[],"2026-09-03T12:39:37Z","https:\u002F\u002Fkoton-trading.workable.com\u002Fjobs\u002F6077104\u002Fcandidates\u002Fnew","Senior Researcher (HFT, Market Making, Crypto) - Brno",null,[63],"Financial Services","Research","Mid-Senior level","Unspecified","\u003Cp>\u003Cem>We trade the world's most volatile markets and make them more efficient.\u003Cbr>\u003Cbr>\u003C\u002Fem>Koton is a boutique, proprietary trading firm and a top-tier market maker on the world's largest crypto exchange, quoting across roughly 90% of trading pairs on both spot and futures. Our core is high-frequency market making, where the speed and cost-efficiency of execution decide the outcome. Around that core we run further strategies built on the same low-latency infrastructure. Binance is where our depth sits today, and we are actively expanding to other venues.\u003C\u002Fp>\u003Cp>We build our own technology and run these strategies at scale, all with a small, tight-knit team where individual work is directly visible in the results. Most of our team sits in Brno in Czech Republic.\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cstrong>We're looking for a senior researcher to own trading strategies end-to-end, from first hypothesis to live PnL. \u003C\u002Fstrong>The work comes with genuine autonomy, real capital behind it, and a feedback loop tight enough to tell you quickly whether your edge is real.\u003C\u002Fp>\u003Ch3>What you'll do\u003C\u002Fh3>\u003Cul>\u003Cli>Design and iterate crypto trading strategies\u003C\u002Fli>\u003Cli>Identify signals in order book dynamics, analyse trade flow, fill behavior and short-term price evolution\u003C\u002Fli>\u003Cli>State hypotheses, validate them on real historical data\u003C\u002Fli>\u003Cli>Design solutions, collaborate with dev team to deploy into production, analyze feedback from trading team\u003C\u002Fli>\u003Cli>Refine performance and PnL metrics, perform post-trade analysis and continuously review trading logic\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Who you are\u003C\u002Fh3>\u003Cul>\u003Cli>You have a detailed understanding of a number of trading strategies that were successful in a live HFT environment, either your own design or a long-term contribution to strategies design in a team\u003C\u002Fli>\u003Cli>You own the full loop: idea →  analysis, validation → live PoC  → iteration\u003C\u002Fli>\u003Cli>You communicate clearly and can explain your reasoning  to various stakeholders\u003C\u002Fli>\u003Cli>You can work happily and efficiently in a remote setup long-term or you are happy to relocate\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Bonus points\u003C\u002Fh3>\u003Cul>\u003Cli>Direct HFT experience in crypto and on exchanges (a real plus, though not required)\u003C\u002Fli>\u003Cli>Hands-on cross-exchange arbitrage\u003C\u002Fli>\u003Cli>Experience with DEX strategies and on-chain venues\u003C\u002Fli>\u003Cli>You think in terms of edge decay, latency sensitivity, and the trade-off between inventory risk and spread capture\u003C\u002Fli>\u003Cli>Expert Python, SQL, advanced .net\u003C\u002Fli>\u003C\u002Ful>","\u003Cp>We expect strong evidence across several of these:\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cul>\u003Cli>A career across several trading firms including a research-focused role\u003C\u002Fli>\u003Cli>HFT or market making in crypto or traditional markets\u003C\u002Fli>\u003Cli>Proprietary trading firms or quantitative trading teams\u003C\u002Fli>\u003Cli>Order book mechanics\u003C\u002Fli>\u003Cli>Execution, slippage, and adverse selection\u003C\u002Fli>\u003Cli>Short-term alpha generation\u003C\u002Fli>\u003Cli>Cross exchange arbitrage\u003C\u002Fli>\u003Cli>Strong data skills in Python or similar\u003C\u002Fli>\u003Cli>Comfortable preparing and analyzing large datasets\u003C\u002Fli>\u003Cli>Disciplined about backtesting, evaluation, and risk management\u003C\u002Fli>\u003C\u002Ful>","\u003Cul>\u003Cli>\u003Cstrong>Paid time off\u003C\u002Fstrong> to actually switch off\u003C\u002Fli>\u003Cli>\u003Cstrong>Fully catered office\u003C\u002Fstrong>: all-day snacks, daily lunch, coffee and drinks on us\u003C\u002Fli>\u003Cli>\u003Cstrong>Work-from-home flexibility\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>\u003Cstrong>Training and development\u003C\u002Fstrong> to keep sharpening your edge\u003C\u002Fli>\u003Cli>\u003Cstrong>Performance bonuses\u003C\u002Fstrong> tied to results\u003C\u002Fli>\u003Cli>\u003Cstrong>Relocation support\u003C\u002Fstrong> for candidates moving to Czechia\u003C\u002Fli>\u003Cli>\u003Cstrong>Pick your own hardware\u003C\u002Fstrong>, top-spec kit, no IT-catalogue limits\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cstrong>Annual salary: \u003C\u002Fstrong>This depends on your experience, the level of ownership you take on, and other factors. We believe in paying fairly, with a base salary typically ranging from 90,000 to 160,000 EUR per year, and we're always open to a conversation. We like smart people and want them to feel appreciated and to enjoy the work they do here.\u003C\u002Fp>","\u003Cp>\u003Cem>We trade the world's most volatile markets and make them more efficient.\u003Cbr>\u003Cbr>\u003C\u002Fem>Koton is a boutique, proprietary trading firm and a top-tier market maker on the world's largest crypto exchange, quoting across roughly 90% of trading pairs on both spot and futures. Our core is high-frequency market making, where the speed and cost-efficiency of execution decide the outcome. Around that core we run further strategies built on the same low-latency infrastructure. Binance is where our depth sits today, and we are actively expanding to other venues.\u003C\u002Fp>\u003Cp>We build our own technology and run these strategies at scale, all with a small, tight-knit team where individual work is directly visible in the results. Most of our team sits in Brno in Czech Republic.\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cstrong>We're looking for a senior researcher to own trading strategies end-to-end, from first hypothesis to live PnL. \u003C\u002Fstrong>The work comes with genuine autonomy, real capital behind it, and a feedback loop tight enough to tell you quickly whether your edge is real.\u003C\u002Fp>\u003Ch3>What you'll do\u003C\u002Fh3>\u003Cul>\u003Cli>Design and iterate crypto trading strategies\u003C\u002Fli>\u003Cli>Identify signals in order book dynamics, analyse trade flow, fill behavior and short-term price evolution\u003C\u002Fli>\u003Cli>State hypotheses, validate them on real historical data\u003C\u002Fli>\u003Cli>Design solutions, collaborate with dev team to deploy into production, analyze feedback from trading team\u003C\u002Fli>\u003Cli>Refine performance and PnL metrics, perform post-trade analysis and continuously review trading logic\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Who you are\u003C\u002Fh3>\u003Cul>\u003Cli>You have a detailed understanding of a number of trading strategies that were successful in a live HFT environment, either your own design or a long-term contribution to strategies design in a team\u003C\u002Fli>\u003Cli>You own the full loop: idea →  analysis, validation → live PoC  → iteration\u003C\u002Fli>\u003Cli>You communicate clearly and can explain your reasoning  to various stakeholders\u003C\u002Fli>\u003Cli>You can work happily and efficiently in a remote setup long-term or you are happy to relocate\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Bonus points\u003C\u002Fh3>\u003Cul>\u003Cli>Direct HFT experience in crypto and on exchanges (a real plus, though not required)\u003C\u002Fli>\u003Cli>Hands-on cross-exchange arbitrage\u003C\u002Fli>\u003Cli>Experience with DEX strategies and on-chain venues\u003C\u002Fli>\u003Cli>You think in terms of edge decay, latency sensitivity, and the trade-off between inventory risk and spread capture\u003C\u002Fli>\u003Cli>Expert Python, SQL, advanced .net\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cstrong>Requirements\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>We expect strong evidence across several of these:\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cul>\u003Cli>A career across several trading firms including a research-focused role\u003C\u002Fli>\u003Cli>HFT or market making in crypto or traditional markets\u003C\u002Fli>\u003Cli>Proprietary trading firms or quantitative trading teams\u003C\u002Fli>\u003Cli>Order book mechanics\u003C\u002Fli>\u003Cli>Execution, slippage, and adverse selection\u003C\u002Fli>\u003Cli>Short-term alpha generation\u003C\u002Fli>\u003Cli>Cross exchange arbitrage\u003C\u002Fli>\u003Cli>Strong data skills in Python or similar\u003C\u002Fli>\u003Cli>Comfortable preparing and analyzing large datasets\u003C\u002Fli>\u003Cli>Disciplined about backtesting, evaluation, and risk management\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cstrong>Benefits\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cstrong>Paid time off\u003C\u002Fstrong> to actually switch off\u003C\u002Fli>\u003Cli>\u003Cstrong>Fully catered office\u003C\u002Fstrong>: all-day snacks, daily lunch, coffee and drinks on us\u003C\u002Fli>\u003Cli>\u003Cstrong>Work-from-home flexibility\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>\u003Cstrong>Training and development\u003C\u002Fstrong> to keep sharpening your edge\u003C\u002Fli>\u003Cli>\u003Cstrong>Performance bonuses\u003C\u002Fstrong> tied to results\u003C\u002Fli>\u003Cli>\u003Cstrong>Relocation support\u003C\u002Fstrong> for candidates moving to Czechia\u003C\u002Fli>\u003Cli>\u003Cstrong>Pick your own hardware\u003C\u002Fstrong>, top-spec kit, no IT-catalogue limits\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cstrong>Annual salary: \u003C\u002Fstrong>This depends on your experience, the level of ownership you take on, and other factors. We believe in paying fairly, with a base salary typically ranging from 90,000 to 160,000 EUR per year, and we're always open to a conversation. We like smart people and want them to feel appreciated and to enjoy the work they do here.\u003C\u002Fp>","2026-10-07T13:08:09Z",{"left":46,"top":46,"width":47,"height":47,"rotate":46,"vFlip":48,"hFlip":48,"body":85},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"m12 19l-7-7l7-7m7 7H5\"\u002F>"]