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TransMarket Group

Proprietary trading firm leveraging technology

Junior Quantitative Trader

Full-Time
No salary listed
Entry
Bachelor's, Master's, PhD
Chicago, IL, USA
In Person
Quantitative FinanceQuantitative Trading / Algorithm Development

About the job

Requirements
  • 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
Responsibilities
  • 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
Desired Qualifications
  • Some experience with C++ and other computer programming languages preferred
  • Prior internship experience preferred

About the company

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

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Simplify Jobs

Simplify's Take

What believers are saying

  • TMG posted 18 Chicago openings on October 3, 2026, spanning trading, research, and HFT.
  • TMG's careers page updated October 2, 2026 still hires rolling, showing active demand.
  • FIA's 2026 profile confirms expansion beyond rates into broader asset classes and geographies.

What critics are saying

  • Nine FINRA regulatory disclosures create supervision and reputational risk during market stress.
  • TMG's private status hides PnL concentration and strategy decay from outsiders.
  • A prolonged trading loss or CFTC investigation would cripple this small prop shop within months.

What makes TransMarket Group unique

  • Chicago, Puerto Rico, and Switzerland enable around-the-clock trading across global time zones.
  • FIA's February 18, 2026 profile says TMG trades commodities, options, equities, and rates.
  • Onsite-only hiring and profit-sharing reinforce TMG's tightly controlled, high-discipline culture.

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Benefits

  • Profit Sharing

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