Internship

Algorithmic Trader Intern

Confirmed live in the last 24 hours

TransMarket Group

TransMarket Group

51-200 employees

Global proprietary trading firm leveraging technology

Quantitative Finance
Financial Services

Chicago, IL, USA

Requires physical presence onsite at the office in Chicago, IL.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Data Structures & Algorithms
Java
C/C++
Linux/Unix
Data Analysis
Requirements
  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience such as but not limited to STEM or Finance with a graduation date between December 2025 and Spring 2026
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred
  • Proficiency and experience in Linux scripting are a plus
  • 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
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • 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
  • This position requires physical presence and is onsite at our office in Chicago, IL
Responsibilities
  • Work with Junior and Senior Algorithmic Traders to assist 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 formalized internship educational program

TransMarket Group (TMG) operates as a proprietary trading firm that engages in trading activities across global financial markets. The firm uses advanced technology to identify trading opportunities and manage financial risks effectively. TMG serves a variety of clients and fosters an entrepreneurial culture that encourages collaboration and ongoing education among its team members. Unlike many competitors, TMG focuses on both financial performance and the responsible management of the wealth it generates, aiming to positively impact others through its services and philanthropic efforts. The company's goal is to achieve profitable trading outcomes while also contributing to the well-being of the community.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1980

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at TransMarket Group offers exposure to cutting-edge quantitative research and advanced trading technologies.
  • Employees have the opportunity to develop and implement proprietary trading strategies, fostering a culture of innovation and creativity.
  • The firm's emphasis on in-house technology development provides a dynamic and intellectually stimulating work environment.

What critics are saying

  • The highly competitive nature of the proprietary trading industry can lead to high pressure and stress for employees.
  • Rapid changes in financial markets require constant adaptation, which can be challenging and demanding.

What makes TransMarket Group unique

  • TransMarket Group's unique approach to leveraging quantitative research and technology in trading sets it apart from traditional financial firms.
  • Their focus on proprietary trading strategies and in-house technology development provides a competitive edge over firms relying on third-party solutions.
  • The company's commitment to continuous innovation and adaptation in the fast-paced financial markets ensures they remain ahead of the curve.

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