Internship

Quantitative Trading Intern

Summer 2025

Posted on 8/9/2024

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary trading firm specializing in options

Quantitative Finance
Financial Services

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 continuously updates and improves its trading models and software to maintain a competitive edge. Unlike many of its 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 grow and adapt to the changing financial landscape while maximizing efficiency and leveraging its talented workforce.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

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Simplify's Take

What believers are saying

  • AI-driven trading algorithms enhance Belvedere's proprietary technology for efficient trading strategies.
  • Quantum computing opens new avenues for risk management and trading model optimization.
  • Cloud-based trading platforms enable faster, scalable operations aligning with Belvedere's tech focus.

What critics are saying

  • Increased competition from Databento may impact Belvedere's market share.
  • Investment in volatile sectors like cryptocurrency exposes Belvedere to financial risks.
  • Small-cap stock investments pose risks due to inherent volatility and price fluctuations.

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 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

INACTIVE