Junior Algorithmic Trader
About the job
- Pursuing a Bachelor's, Master's, or Doctorate in a technical field, such as STEM or Finance, with a graduation date between December 2026 and Spring 2027, or having 1-2 years of pertinent industry experience.
- Completing coursework in data structures, probability, statistics, and linear algebra.
- Achieving a minimum major GPA of 3.5 out of 4 or an equivalent scale.
- Having project or internship experience in data analysis, quantitative modeling, and/or machine learning.
- Demonstrating passion for mathematics and software applied to markets and trading.
- Having a strong understanding of computing, mathematics, probability, statistics, and finance.
- Working with a strong work ethic and willingness to complete required tasks.
- Having excellent verbal and written communication skills.
- Being able to work within a team in a fast-paced environment.
- Being physically present onsite at the Chicago, Illinois office.
- Work with Senior Algorithmic Traders to assist with and learn all facets of automated trading.
- Develop expertise in market microstructure, tick data, and automated trading systems.
- Learn and master object-oriented programming languages, including C++ and Python.
- Build and maintain quantitative trading model tools and analytics.
- Develop, code, maintain, and support production-quality automated trading software and strategies.
- Improve strategies and trade execution by performing post-trade analyses and developing prediction models.
- Proficiency and experience in object-oriented programming languages, including 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.
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'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