Floor Trader

P2P; Chicago (IL); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Health insurance

Dental and vision insurance

401k with discretionary employer match

Paid time off

Job summary

DRW is seeking a Floor Trader in Chicago to participate in a comprehensive training program spanning the Cboe trading floor and DRW’s trading desk. You will gain exposure to floor-based and voice trading, work with experienced traders and brokers, and contribute to real-time market analysis and decision support.

You will analyze order flow, market activity, and broker behavior to uncover opportunities while developing tools and models to improve trading performance.

Qualifications

• Bachelor’s degree in a quantitative field with strong interest in financial markets.
• Strong communication skills and ability to make thoughtful decisions in fast-paced environments.
• Willingness to learn from feedback; prior trading experience helpful but not required.
• Proficiency in Python is a plus.

Responsibilities

• Analyze order flow, trading activity, and broker behavior to identify patterns and opportunities.
• Develop, maintain, and enhance tools, models, algorithms, and systems for trading analysis and risk management.
• Collaborate with traders and engineering teams to define requirements and build market-beating tools.
• Monitor market activity and communicate timely market information to the team.
• Research new market opportunities and contribute ideas to the team.
• Take increasing ownership of trading decisions and risk as you gain experience.

Skills

Python

Education

Bachelor’s in economics, finance, mathematics, statistics, computer science or related field

Job description

Our formula for success is to hire exceptional people, encourage their ideas and reward their results.

As a Floor Trader, you will participate in a comprehensive training program designed to build your understanding of our products, markets, and approach to trading. You will split your time between the Cboe trading floor and DRW’s trading desk, gaining exposure to both floor-based and voice trading while developing the skills needed to take on increasing responsibility. You will work closely with experienced traders and brokers to understand market dynamics, evaluate trading activity, and improve the tools used to support real-time analysis and decision-making.

How you will make an impact…

• Contribute directly as a Floor Trader at DRW, building market knowledge and trading judgment through hands-on experience


• Analyze order flow, trading activity, and broker behavior to identify patterns and potential trading opportunities


• Develop, maintain, and enhance tools, models, algorithms, and systems that support trading analysis, visualization, and risk management


• Partner with traders and engineering teams to define requirements and help develop market-beating trading tools


• Monitor market activity and communicate timely, relevant market information to other team members


• Research new market opportunities and contribute ideas to the team


• Take on increasing ownership of trading decisions and risk as your knowledge and experience grow

What you bring to the team…

• A bachelor’s in economics, finance, mathematics, statistics, computer science or any related field and have an expected graduation date between December 2026 and June 2027


• A genuine interest in financial markets and a desire to build a career in trading


• The ability to make thoughtful decisions in a fast-paced, high-pressure environment


• Strong communication skills and the confidence to interact effectively with traders, brokers, and other market participants


• A collaborative mindset, intellectual curiosity, and willingness to learn from feedback


• Prior trading or financial-markets experience is helpful but not required


• Proficiency in python is a plus

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

The annual base salary for this position is $200,000. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

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