Internship

Quantitative Trader Intern

Summer 2024, Chicago

Posted on 7/19/2023

Optiver

Optiver

1,001-5,000 employees

Global market maker providing liquidity services

No salary listed

Chicago, IL, USA

Category
Quantitative Finance
Data & Analytics
Required Skills
Data Science
Connection
Connection
Connection
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Requirements
  • Working toward a bachelor's, master's or PhD in a STEM field
  • Sophomore or higher standing with a graduation date of December 2024 to June 2026
  • Holds superior quantitative and logical reasoning skills
  • Interested in strategic games and/or competitive activities
  • Experienced in programming or scripting a plus
Responsibilities
  • Get ready for ten weeks immersed in the fast-paced, dynamic world of market making. As a Quantitative Trader Intern, you'll spend the summer learning trading fundamentals, trading on simulated markets and completing projects in quantitative research, data science and financial modeling. Plus, you'll be paired with an experienced trader to gain exposure to different trading desks and experience the financial markets firsthand
  • Our internship is an expedited training program that will put you on the fast track to your career as a trader. Experience the thrill of tight feedback loops, working hand-in-hand with our full-time teams as you solve the financial markets' biggest challenges. If you're looking for a taste of a career that's forever evolving, apply today to kick-start your future

Optiver is a market maker that provides liquidity in financial markets, allowing assets to be bought and sold easily without affecting their prices. The company trades various financial instruments, including stocks and derivatives, across over 50 exchanges worldwide, primarily serving institutional clients like banks and hedge funds. Using proprietary trading strategies and advanced algorithms, Optiver captures profits from the small differences between buying and selling prices. Their goal is to enhance market stability and efficiency while delivering competitive pricing to their clients.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's expansion into Japan's derivatives market diversifies revenue and reduces market dependency.
  • Investment in Brazilian Exchange A5X opens growth avenues in Latin American markets.
  • Appointment of Lance Braunstein as CTO may enhance Optiver's trading technology.

What critics are saying

  • Increased competition in Japan may lead to tighter profit margins for Optiver.
  • Integration challenges with new CTO could impact technology strategy and operations.
  • Expansion in Austin, Texas, poses financial risks if growth expectations aren't met.

What makes Optiver unique

  • Optiver is a leading global market maker providing essential liquidity and market stability.
  • The company uses advanced technology and algorithms for efficient proprietary trading.
  • Optiver partners with exchanges and investment firms to improve financial market transparency.

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Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 1%
eFinancialCareers
Feb 26th, 2025
Why did the top technologist in financial services join Optiver?

Optiver itself has hired a few cloud people in recent years, including Karun Kallakuri, a high-performance computing specialist formerly of hedge fund Citadel.

The Trade News
Feb 26th, 2025
Barclays EMEA equities market structure head joins Aquis in newly created role

BlackRock Aladdin engineering head joins Optiver as global chief technology officer.

Optiver
Feb 25th, 2025
Optiver appoints Lance Braunstein as Global Chief Technology Officer

Optiver is pleased to announce the appointment of Lance Braunstein as Global Chief Technology Officer, effective 1 May 2025.

The Rio Times
Jan 9th, 2025
New Brazilian Exchange A5X Gains Major International Shareholders

A5X, Brazil's new derivatives and futures exchange, has secured five international shareholders. IMC Trading, Jump

The Japan Times
Dec 10th, 2024
Options giant Optiver bets Japan's market is about to boom

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has, so far, been virtually nonexistent.

INACTIVE