Simplify Logo
Gelber Group

Gelber Group

Proprietary trading firm trading global assets

Algorithmic Trading Intern

Summer 2026Posted on 2/19/2026
$50/hr
Internship
Master's, PhD
Boston, MA, USA
Hybrid

Remote with some in-person collaboration in the Boston area.

About the job

Requirements
  • Curiosity, self-motivation, strong communication skills, and an ability to collaborate with others in a competitive environment
  • Excellent problem-solving skills and ability to learn, understand, and apply new concepts
  • Programming experience with Python, C#, Java, or C++
  • Making progress towards a master's or PhD in a STEM field
  • Interest in financial markets is a must, but prior market experience is not required
Responsibilities
  • Experience hands-on learning and have immediate exposure to senior leaders within the trading industry
  • Gain a thorough understanding of the financial markets through a robust program that will be intensive, challenging, and fun
  • Classroom portion will be tailored to the topic areas that are useful for the project and the class’s preexisting experience
  • Topics may include market microstructure, product features, and quantitative analysis
  • Engage in strategic games to hone your skills in evaluating risks
  • Collaborate directly with an Algorithmic Desk, tackling real-world problems relevant to the current market environment and industry
  • Take ownership of a research project designed by quantitative traders to address critical questions in trading
  • Guided by experienced traders, you will navigate the research process and showcase your analytical expertise
  • Develop an understanding of the various trading strategies we trade within Gelber to facilitate your career advancement

About the company

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.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1982

Get referred to Gelber Group

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • September 2026 openings include general counsel, experienced traders, and internships, showing active expansion.
  • Gelber posted 15 LinkedIn jobs in May 2026, spanning Chicago, White Plains, and Boston.
  • The firm keeps recruiting algorithmic and discretionary talent, supporting strategy diversification and capacity growth.

What critics are saying

  • Gelber's 2013 CFTC wash-trading settlement still shadows compliance and recruiter trust.
  • August 2026 job listings show legal hiring, implying heavier regulatory burden and oversight costs.
  • Any trading drawdown can crush a proprietary firm because revenue depends entirely on trading profits.

What makes Gelber Group unique

  • Founded in 1982, Chicago-based Gelber Group still trades only proprietary capital.
  • Its 2026 careers page lists traders across equities, FX, energy, and macro markets.
  • Gelber combines trading roles with software engineering internships, signaling a technology-first trading platform.

Help us improve and share your feedback! Did you find this helpful?

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

INACTIVE