Internship

Quantitative Trading Intern

Summer 2025

Posted on 8/9/2024

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary trading firm specializing in options

No salary listed

No H1B Sponsorship

Chicago, IL, USA

Internship requires full in-person attendance in Chicago during summer 2025.

Category
Quantitative Trading
Quantitative Finance
Required Skills
Python
C#
C/C++
Data Analysis
Requirements
  • Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python
  • Knowledge of the financial markets and trading industry is a plus but not a prerequisite
  • Regular attendance is an essential function of this position
  • Ability to live in Chicago and attend the internship fully in person during the summer of 2025
  • Graduation date of December 2025 or later
  • For our trading positions and certain engineering roles, the SIE and Series 57 licenses are required; Belvedere Trading will provide comprehensive study materials and allocate dedicated time during the onboarding process to ensure your success in obtaining these certifications.
Responsibilities
  • Daily trading activities – Assist with analyzing daily trades and recapping significant trends
  • Rotations – Rotate between product groups to gain a broad understanding and knowledge of the market and Belvedere’s trading strategies
  • Desk strategy – Engage in daily collaborative strategy adjustments with your team to adapt to market dynamics
  • Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
  • Data Analysis – Analyze extensive datasets to extract insights that bolster our trading strategies
  • Training – Benefit from our industry-leading BTU program, complemented by ongoing practical training within our trading operations, covering a spectrum from foundational knowledge to advanced proprietary concepts.

Belvedere Trading is a proprietary trading firm located in Chicago that focuses on options trading in the financial markets. The firm uses its own technology and risk management strategies to identify and take advantage of market inefficiencies quickly. Belvedere continually updates and improves its trading models and software to maintain a competitive edge. Unlike many competitors, Belvedere emphasizes a strong company culture that fosters entrepreneurship and empowerment among its team of over 200 members, which helps to keep employee turnover low. The firm's goal is to achieve ongoing growth and success by leveraging advanced technology and skilled personnel to navigate the changing landscape of financial markets.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven trading algorithms enhance Belvedere's focus on market inefficiencies.
  • Quantum computing offers new opportunities for enhancing proprietary technology.
  • 5G technology improves data transmission speeds, benefiting high-frequency trading operations.

What critics are saying

  • Increased competition from Databento could impact Belvedere's market share.
  • Investments in high-risk stocks may lead to significant financial losses.
  • Participation in volatile crypto markets could expose Belvedere to heightened financial risk.

What makes Belvedere Trading unique

  • Belvedere Trading leverages proprietary technology to capitalize on market inefficiencies.
  • The firm specializes in options trading with a focus on equity index and commodity derivatives.
  • Belvedere Trading maintains a distinctive company culture with high levels of entrepreneurship and empowerment.

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Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Company News

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MarketBeat
Feb 5th, 2024
GABELLI & Co INVESTMENT ADVISERS INC. Takes $594,000 Position in Sequans Communications S.A. (NYSE:SQNS)

Belvedere Trading LLC purchased a new stake in Sequans Communications in the 2nd quarter worth about $51,000.

ETF Daily News
Jan 18th, 2024
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Belvedere Trading LLC purchased a new stake in Independence Contract Drilling in the fourth quarter valued at $38,000.

ETF Daily News
Nov 11th, 2023
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Belvedere Trading LLC makes new investment in Diversified Healthcare Trust (NASDAQ:DHC).

INACTIVE