Fall 2026
Algorithmic Trader Intern
TransMarket Group
51-200 employees
Proprietary trading firm leveraging technology
No salary listed
Chicago, IL, USA
In Person
On-site at the Chicago office.
Bachelor's, Master's, PhD
 Quantitative Finance (1) |
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 Finance & Banking (1) |
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- Pursuing a Bachelor's, Master's, or Doctorate in a technical field or having pertinent industry experience, such as STEM or Finance, with a graduation date between December 2027 and Spring 2028.
- Required coursework in data structures, probability, statistics, and linear algebra.
- A minimum major GPA of 3.5/4 or equivalent scale.
- Passion for mathematics and software applied to markets and trading.
- A strong understanding of computing, mathematics, probability, statistics, and finance.
- A strong work ethic and willingness to do what it takes to get the job done.
- Excellent verbal and written communication skills.
- Ability to work within a team in a fast-paced environment.
- Physical presence is required; the position is on-site at the Chicago, Illinois office.
- Work with Junior and Senior Algorithmic Traders to assist with and learn all facets of automated trading.
- Develop expertise in market microstructure, tick data, and automated trading systems.
- Build and maintain trading quantitative model tools and analytics.
- Learn and master programming languages.
- Develop, code, maintain, and support production-quality automated trading strategies.
- Engage in dynamic research projects and a formalized internship educational program.
- Proficiency and experience in object-oriented programming languages, C++, Python and/or Java.
- Proficiency and experience in Linux scripting.
- Demonstrated passion for markets, finance, and trading through activities such as personal trading, trading competitions, firm discovery days, industry-related student groups or clubs, or prior internship experience.
- Project or internship experience in data analysis, quantitative modeling and/or machine learning.
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 active expansion across products and geographies.
- TMG's website says the business is profitable and still startup-like.
- Recent hiring for quantitative traders shows continued investment in automated futures strategies.
What critics are saying
- Hiring depends on profitable trading; a bad year hits compensation immediately.
- TMG's 2005 patent dispute history signals legal exposure around trading technology.
- A systematic underperformance cycle could crush the firm within one severe market regime.
What makes TransMarket Group unique
- Founded 1980, TMG trades global derivatives, equities, commodities, and fixed income actively.
- Chicago headquarters plus Puerto Rico and Switzerland offices support global market access.
- TMG emphasizes advanced modeling, technology, research, and disciplined capital deployment.
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