Summer 2026

Quantitative Trader Intern

Posted on 6/4/2025

TransMarket Group

TransMarket Group

51-200 employees

Proprietary trading firm leveraging technology

No salary listed

Chicago, IL, USA

In Person

Bachelor's, Master's, PhD

Category
Quantitative Finance (1)
Required Skills
Python

Get referred to TransMarket Group

See people who can refer or advise you

Requirements
  • Pursuing a Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as but not limited to mathematics, statistics or financial engineering with a graduation date between December 2026 and Spring 2027
  • Proficiency in Python programming required (1-2 years of experience)
  • Required math coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability and Advanced Statistics
  • Minimum major GPA of 3.5/4 or equivalent scale
  • This position requires physical presence and is onsite at our office in Chicago, IL
Responsibilities
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Actively learn and analyze real-time trades
  • Engage in formal internship classroom-style education programs and research projects
Desired Qualifications
  • 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

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 Jobs

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.

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

Benefits

Profit Sharing

Company News

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...

INACTIVE