Full-Time
Junior Quantitative Trader
Updated on 9/4/2026
TransMarket Group
51-200 employees
Proprietary trading firm leveraging technology
No salary listed
Chicago, IL, USA
In Person
Bachelor's, Master's, PhD
 Quantitative Finance (1) |
|---|
Get referred to TransMarket Group
See people who can refer or advise you
- Bachelor’s, Master’s, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or mathematical finance with a graduation date between December 2026 and Spring 2027
- Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
- Minimum major GPA of 3.5/4 or equivalent scale
- Proficiency in Python required and some experience with C++ and other computer programming languages preferred
- Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
- Deep understanding of finance, math, and statistics
- Attention to detail and the ability to make sound judgments under pressure
- Strong work ethic and willingness to do what it takes to get the job done
- Ability to work in a fast paced and collaborative environment
- This position requires physical presence and is onsite at our office in Chicago, IL
- Partner with Senior Traders to assist in and learn all facets of trading
- Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
- Build and maintain quantitative model tools and analytics
- Manage real-time execution of semi-automated trading system
- Learn and analyze real-time trades
- Research and improve upon trading strategies
- Some experience with C++ and other computer programming languages preferred
- Prior internship experience preferred
TransMarket Group is a private global proprietary trading firm that uses its own capital to trade financial markets, with offices in Chicago, Puerto Rico, and Switzerland. It operates by applying advanced technology and disciplined trading practices to identify opportunities and manage risk through proprietary trading strategies executed by experienced teams worldwide. The company differentiates itself with an entrepreneurial, collaborative culture, a focus on continuous learning and disciplined development, and a mission that combines financial success with wealth stewardship. Its goal is to generate profitable outcomes from proprietary trading while responsibly blessing others through the wealth it creates and its stewardship.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1980
Get referred to TransMarket Group
See people who can refer or advise you
Simplify's Take
What believers are saying
- FIA’s April 2026 profile confirms TMG’s active expansion across products and geographies.
- TMG listed 15 open roles on August 22, 2026, signaling continued hiring demand.
- May 13, 2026 13F activity shows Transmarket Holdings LP still deploying capital actively.
What critics are saying
- August 2026 hiring is only 15 roles, limiting scale versus larger quant shops.
- No public revenue disclosure leaves investors blind to strategy decay or PnL concentration.
- A sustained alpha collapse or CFTC scrutiny can erase the franchise within one cycle.
What makes TransMarket Group unique
- Founded in 1980, TMG combines proprietary trading with long operating history.
- Chicago, Puerto Rico, and Switzerland offices support global, around-the-clock market coverage.
- August 2026 careers page demands onsite work, reinforcing a tightly coupled trading culture.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Profit Sharing
Company News
Eris Innovations, an intellectual property licensing company and the creator of Eris SOFR Swap futures (Eris SOFR), today announced a new investment round ba...