Winter 2026

Micro-Internship

Quant Trader

Posted on 10/3/2025

Old Mission

Old Mission

51-200 employees

Global market maker for illiquid ETFs

Compensation Overview

$62.50/hr

Chicago, IL, USA

In Person

Category
Quantitative Finance (1)
Required Skills
Python
Requirements
  • A strong quantitative background and familiarity with probability and statistics
  • An undergraduate degree in a quantitative field such as computer science, engineering, or one of the hard sciences
  • Graduating in December 2026 or May 2027
  • Familiarity with Python
  • The ability to work and solve problems as part of a team, often in a high-pressure environment
  • Proven trustworthiness and performance under the highest ethical standards
  • A strong desire for knowledge and to understand how things work
  • Superior written and verbal communication skills
  • A strong work ethic and ability to adapt quickly in a fast-paced environment
Responsibilities
  • Explore new trading strategies
  • Engage in mock trading
  • Take part in quantitative research
  • Develop related software
  • Participate in the firm’s education program, getting a chance to learn about all aspects of trading and financial markets both formally (in classes) and on-the-job

Generating company summary.

Company Size

51-200

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Single-dealer platform captures institutional volume from clients seeking direct liquidity.
  • Illiquid ETF focus provides defensible market position with limited competition.
  • Trillions in historical liquidity provision demonstrates deep client relationships and trust.

What critics are saying

  • Platform launch delays erode competitive advantage against Jane Street and Citadel.
  • FINRA regulatory scrutiny over illiquid ETF positions risks trading restrictions.
  • Talent poaching by Jump Trading and larger firms threatens core pricing capabilities.

What makes Old Mission unique

  • Specializes in hardest-to-price, most illiquid ETFs where competitors avoid.
  • Launched single-dealer platform in late 2025 under Eugene Davidovich's leadership.
  • Global presence across Chicago, New York, and London offices enables multi-asset operations.

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Benefits

Competitive Salary

Discretionary bonus

Top tier Medical, Dental, Vision, Disability and Life Insurance paid for by the firm

401(k) with employer match

Full stocked kitchen, free breakfast and lunch everyday on-site

Tuition reimbursement

Flexible Spending Plan

Commuter Benefit Program

Company News

ETF Daily News
Sep 27th, 2025
SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM Holdings Cut by Eagle Global Advisors LLC

Ameriflex Group Inc. purchased a new stake in SPDR Nuveen ICE Short Term Municipal Bond ETF in the 4th quarter worth approximately $27,000.

ETF Daily News
Sep 17th, 2025
Parallel Advisors LLC Grows Position in iShares Short-Term National Muni Bond ETF $SUB

OLD Mission Capital LLC purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the first quarter valued at about $8,875,000.

Yahoo Finance
Sep 9th, 2025
Old Mission Capital Hires Eugene Davidovich to Lead Launch of Single-Dealer Platform

CHICAGO, Sept. 9, 2025 /PRNewswire/ - Old Mission Capital, a leading global market maker in exchange-traded funds (ETFs), today announced that Eugene Davidovich has joined the firm to lead the development of its first single-dealer trading platform, expected to launch by the end of 2025.

ETF Daily News
Jul 30th, 2025
Valley Forge Investment Consultants Inc. ADV Trims Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Finally, OLD Mission Capital LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $20,734,000.

ETF Daily News
Jul 28th, 2025
Global X Silver Miners ETF (NYSEARCA:SIL) Shares Acquired by Kestra Private Wealth Services LLC

Finally, OLD Mission Capital LLC acquired a new stake in Global X Silver Miners ETF in the 4th quarter valued at $948,000.

INACTIVE