Quantitative Trader Intern @ TransMarket Group

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first hand in all facets of trading. The ideal candidate is intellectually curious, competitively driven, and has a disciplined appetite for risk.

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

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
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
This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.

Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.

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

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TransMarket Group

Quantitative Trader Intern

About the job