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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

Data & Analytics
Enterprise Software
Fintech
Quantitative Finance
Financial Services

Chicago, IL, USA

Category
Quantitative Finance
Data & Analytics
Required Skills
Data Science
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 global market maker that provides liquidity in financial markets, allowing assets to be bought and sold easily without affecting their prices. They serve institutional clients like banks and hedge funds by offering competitive prices for various financial instruments, including stocks and derivatives. Using advanced technology and algorithms, Optiver engages in proprietary trading, capturing profits from the small differences between buying and selling prices. Their goal is to enhance market stability and efficiency, benefiting all market participants.

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1986

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Optiver's significant investment in new office space in Austin, Texas, indicates strong growth and expansion opportunities.
  • Partnerships with academic institutions like Imperial College London highlight Optiver's dedication to nurturing future talent and innovation in trading.
  • Collaborations with platforms like Kaggle for predictive challenges demonstrate Optiver's commitment to leveraging data science and machine learning for market advancements.

What critics are saying

  • The highly competitive nature of proprietary trading means that Optiver must continuously innovate to maintain its edge.
  • Regulatory changes in global financial markets could impact Optiver's operations and profitability.

What makes Optiver unique

  • Optiver's focus on proprietary trading and advanced algorithms allows it to provide liquidity and competitive pricing more efficiently than traditional market makers.
  • Their global presence across over 50 exchanges ensures a diversified and robust market-making operation, unlike smaller, regionally-focused competitors.
  • Optiver's commitment to continuous market improvement and stability sets it apart as a responsible and innovative player in the financial markets.

Benefits

Transparent bonus structure

Top tier benefits

Generous vacation time

Health and wellness programs

INACTIVE