Full-Time

Equity Research Analyst

Equities Options Market Making

Updated on 9/4/2026

Chicago Trading Company

Chicago Trading Company

501-1,000 employees

Proprietary trading using quantitative strategies

Compensation Overview

$200k - $225k/yr

+ Annual discretionary bonus

Chicago, IL, USA

Hybrid

Hybrid workplace model; in-office requirements may change based on business need.

Category
Finance & Banking (1)
Required Skills
Quantitative Research

Get referred to Chicago Trading Company

See people who can refer or advise you

Requirements
  • At least 3 years of experience as an equity analyst, focused on company and macro events, capital structure analysis, or options trading in a real-time environment.
  • A deep understanding of corporate finance, options pricing theory, and how corporate actions affect options Greeks and volatility surfaces.
  • Experience with event-driven strategies such as merger arbitrage, spin-offs, and dividend captures, with the ability to quickly analyze earnings reports and Securities and Exchange Commission filings.
  • A data-driven approach with quantitative modeling skills and experience with volatility trading and cross-asset arbitrage.
Responsibilities
  • Identify, analyze, and communicate the impact of events, earnings, dividends, macro events, and capital structure changes on options pricing and trading strategies in real time.
  • Conduct fundamental analysis on individual equities to identify mispricing opportunities relative to options market pricing, particularly around corporate actions, convertible bonds, and earnings.
  • Develop proprietary tools and models to systematically identify event-driven and capital structure opportunities across global markets.
  • Build workflows for tracking and communicating market-moving news and catalysts to traders.
Chicago Trading Company

Chicago Trading Company

View

CTC trades its own capital in stocks, options, and futures for institutional clients. A team of traders, quants, technologists, and operations staff uses algorithms and data analysis to identify trading opportunities and execute trades. Profits come from timely pricing, risk management, and efficient execution, financed by its own balance sheet. The firm differentiates itself with internal capital generation, a collaborative culture, and offices in Chicago, Boulder, London, and New York to access global markets, aiming for steady profits by refining quantitative methods.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1995

Get referred to Chicago Trading Company

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • CTC hired Citi's Ben Miller in September 2024 to grow EMEA ETF sales.
  • Open roles in 2026 span FPGA, AI, quant research, and execution engineering.
  • The firm expanded at 425 South Financial Place, showing continued headcount and capital investment.

What critics are saying

  • A 2023 data breach exposed Social Security numbers, passports, and licenses.
  • CTC still advertises privacy contacts, suggesting lingering remediation and compliance burden.
  • ETFs, systematic trading, and market making face brutal competition from Optiver and Jane Street.

What makes Chicago Trading Company unique

  • CTC specializes in options market making, not generic multi-manager trading.
  • It operates across Chicago, London, New York, and Amsterdam.
  • Pyth network integration in 2025 signals serious on-chain market-data infrastructure.

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

Benefits

Health Insurance

Parental Leave

Wellness Program

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%
Business Wire
May 20th, 2026
Eris SOFR Swap Futures Open Interest Triples Ahead of June Eris Options Launch, New Funding Round

Eris Innovations, an intellectual property licensing company and the creator of Eris SOFR Swap futures (Eris SOFR), today announced a new investment round ba...

Next.io
May 7th, 2025
Kero Gaming raises $3m to boost micro-betting growth

Kero Gaming has closed a $3m Series A funding round, led by SIG Sports, to support what it calls "a new phase of accelerated growth."

PR Newswire
Apr 10th, 2025
SpectrAxe Secures Investment to Transform FX Market

Susquehanna International Group, IMC, and CTC have invested in SpectrAxe to transform the $300 billion/day FX options market. SpectrAxe's Series A funding will enhance its all-to-all CLOB platform, enabling direct trading among market participants and reducing market fragmentation. The investment supports SpectrAxe's global expansion and platform improvements, aiming to modernize OTC FX options trading by replacing manual methods with an exchange-style environment.

ETF Stream
Sep 17th, 2024
Chicago Trading Company hires Citi's Miller as head of ETF sales for EMEA

Chicago Trading Company (CTC) has hired Citi's Ben Miller as head of institutional ETF sales for EMEA.

Business Wire
Apr 10th, 2024
MEMX Expands Investor Base With Leading Options Firms

MEMX, a market operator founded by members to benefit all investors, today announced the successful completion of a strategic equity round of funding