Gelber Group

Gelber Group

Proprietary trading firm trading global assets

Overview

Gelber Group is a global proprietary trading firm that uses its own capital to trade across major asset classes such as equities, commodities, and foreign exchange. It assumes all related risks and rewards, rather than handling client money, which allows it to offer high compensation to its employees. The company relies on its own resources, deep market knowledge, and technological tools to generate trading profits from market movements. Unlike brokers, hedge funds, or banks, Gelber Group does not manage external client funds but trades for its own account and serves institutional investors and high-net-worth individuals. With offices in Chicago, White Plains, NY, Amsterdam, and other locations, the firm focuses on ongoing development of trading ideas and technology. Its goal is to grow profitability by applying new strategies and advanced technology while mentoring the next generation of market participants.

About Gelber Group

Simplify's Rating
Why Gelber Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1982

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Simplify's Take

What believers are saying

  • Gelber posted 19 open roles in June 2026, showing active headcount investment.
  • Summer 2026 internships in Chicago and Boston keep the hiring pipeline full.
  • Amsterdam trader hiring and White Plains compensation bands show continued European expansion.

What critics are saying

  • Gelber Group LLC v. Yup Le, filed December 2025, exposes trade-secret leakage risk.
  • The 2013 CFTC case still taints controls; another surveillance failure invites harsher scrutiny.
  • Pure prop trading makes talent and edge everything; losing quants erodes profits fast.

What makes Gelber Group unique

  • Since 1982, Gelber trades proprietary capital across equities, FX, fixed income, and commodities.
  • Chicago, White Plains, and Amsterdam offices support global coverage and local recruiting.
  • Internships in algorithmic trading and software engineering signal a technology-first, apprenticeship-heavy culture.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Tuition Reimbursement

Flexible Work Hours

Hybrid Work Options

Wellness Program

Employee Referral Bonus

Charitable giving and company match

Casual, relaxed office environment

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