Floor Trader

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

Benefits offered by this job

Group medical

Dental and vision insurance

401k with discretionary employer match

Disability insurance

Life and AD&D insurance

Health savings accounts

Flexible spending accounts

Job summary

DRW is seeking a Floor Trader candidate to participate in a comprehensive training program, gaining hands-on experience on the Cboe trading floor and DRW’s trading desk. You will learn market dynamics, build trading tools, and develop the skills to take on increasing responsibility in a fast-paced environment.

The role emphasizes collaboration with traders and brokers, exposure to both floor-based and voice trading, and a path toward higher ownership as you progress.

Qualifications

• Bachelor's degree in economics, finance, mathematics, statistics, computer science or related field.
• Graduation expected between December 2026 and June 2027.
• Proficiency in Python is a plus.

Responsibilities

• Participate in a comprehensive training program to learn products, markets and trading approach.
• Split time between the Cboe trading floor and DRW’s trading desk.
• Gain exposure to floor-based and voice trading while building real-time analysis skills.
• Work with traders and brokers to understand market dynamics and improve tools.
• Analyze order flow, trading activity and broker behavior for patterns and opportunities.
• Develop, maintain and enhance tools, models, algorithms and systems for trading analysis and risk management.
• Take on increasing ownership of trading decisions and risk as knowledge grows.

Skills

Python

Trading mindset

Communication

Education

Bachelor's degree in economics/finance/math

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.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice .

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For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in DRW ’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service‑connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.