Quantitative Trading Intern – Summer 2027 New

Trading Interview; Chicago, Northern (IL, KY); Hybrid; USD 2,755,000 - 4,822,000; Full time

Job summary

Belvedere Trading in Chicago offers a Quantitative Trading Intern role where you will rotate across desks, work with developers and strategists, and contribute to trading logic development and quantitative research.

You will learn best practices in software development while engaging in projects related to trading strategies and data analysis, with a focus on market-making operations.

Qualifications

• Graduation date December 2027 or Spring 2028.
• Ability to attend the internship in person in Chicago during summer 2027.
• Interest in financial markets and trading concepts.

Responsibilities

• Daily trading activities – assist with analyzing daily trades and recap significant trends.
• Rotations – rotate between product groups to gain broad market understanding.
• Desk strategy – engage in daily collaborative strategy adjustments with team.
• Research – participate in quantitative research and application of strategies.
• Data analysis – analyze large datasets to extract insights for trading strategies.
• Training – participate in BTU program with ongoing practical training.

Skills

Quantitative thinking

Data analysis

Communication

Team collaboration

AI fluency

C++

C#

Python

Job description

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.

High-performance proprietary trading and development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.

At Belvedere Trading, Quantitative Trading Interns are some of the industry’s highly motivated most quantitative problem solvers. They have a love for financial markets and enjoy working in teams to learn about various trading concepts. Our Quantitative Trading Interns participate in a hands-on rotation between Belvedere’s trading desks and collaborate with Developers and Strategists in research to improve our trading systems. Our Interns are at the forefront of technology immersion as they learnbest practices insoftware development and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you.

Don’t know a lot about trading? No sweat. Learn as much as you can in the meantime (check out our FAQ page for some resources to get you started) but know our Belvedere Trading University (BTU) program will teach you everything you need to know once you join the team.

What our Quantitative Trading Interns do

Daily trading activities – Assist with analyzing daily trades and recapping significant trends

Rotations – Rotate between product groups to gain a broad understanding and knowledge of the market and Belvedere’s trading strategies

Desk strategy – Engage in daily collaborative strategy adjustments with your team to adapt to market dynamics

Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations

Data Analysis – Analyze extensive datasets to extract insights that bolster our trading strategies

Training – Benefit from our industry-leading BTU program, complemented by ongoing practical training within our trading operations, covering a spectrum from foundational knowledge to advanced proprietary concepts.

Key qualities in great candidates

Curious – We'll teach you everything you need to know, but we love working with people who ask questions and are eager to get involved

Communication – We need people who can speak confidently and concisely especially when the stakes are high

Analytical –We’relooking for quantitative thinkers and master problem-solvers with strong data analysis skills

Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments

AI Fluency–Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgment and critical thinking

Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python

Knowledge of the financial markets and trading industry isn’t required, but it is a plus!

Regular attendance is an essential function of this position

Ability to live in Chicago and attend the internship fully in person during the summer of 2027

Graduation date of December 2027/Spring 2028

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.

We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer.

We welcome your application.

Core Values

The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Build Rockets, and Passionate Discourse. We live and breathe these values every day.

Compliance

For our trading positions and certain engineering roles, the SIE and Series 57 licenses are required; Belvedere Trading will provide comprehensive study materials and allocate dedicated time during the onboarding process to ensure your success in obtaining these certifications.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion

Physical: Ability to remain at a desk and concentrate for long periods of time

Amount of Travel Required: None

Sponsorship: Yes

This description was published by Belvedere Trading. Applications are handled on their careers site: we are not the employer and cannot process them.

Belvedere Trading is "a leading proprietary trading firm" and options market maker founded in March 2002. It started life making markets in the SPX pit on the floor of the…