Full-Time

Campus Quantitative Researcher

Full-Time

Posted on 8/10/2023

Jump Trading

Jump Trading

1,001-5,000 employees

High-frequency trading and market-making services

No salary listed

Entry, Junior, Mid

Chicago, IL, USA

Category
Quantitative Finance
Required Skills
Python
R
Data Structures & Algorithms
Operations Research
Requirements
  • About the Quantitative Researcher Role:
  • We build predictive models from big data and develop algorithms to automatically execute trades in financial exchanges around the world
  • At Jump you will have the opportunity to contribute in a blend of three roles - quant researcher / data scientist, trader, and software developer - based on your incoming skills and background, interest and curiosity, and the new skills and industry knowledge that you will learn at Jump
  • You will start by completing a training program focused on enhancing your knowledge of trading, programming, and quant research. The training consists of in-house courses and trading simulation developed and delivered by experienced quant researchers, traders, and developers. We have experts from around the firm who will teach you advanced skills in a variety of areas such as trading / market mechanics, statistics, R, python, C++, machine learning, and our research process
  • You will be mentored in successfully applying those skills to build predictive models, leveraging one of the largest supercomputers in the world, and devising automated trading strategies to test in the markets against world-class competition
  • Other duties as assigned or needed
  • Who should apply?
  • We are seeking the sharpest analytical minds from top undergraduate and graduate programs. Ideal candidates have an uncommon drive to learn and improve, an entrepreneurial spirit, and strong skills in programming and/or quantitative analysis (statistics, data mining, mathematics, machine learning, etc.)
  • No prior knowledge of finance or trading is necessary. We'll give you the training that you'll need
  • Although we strongly value training in Computer Science and Mathematics, we are excited to meet people with exceptional achievements in any technical discipline. Recent hires include students from fields such as Electrical Engineering, Statistics, Physics, Operations Research, Neuroscience, Materials Science, and more
  • If you have outstanding skills in math and programming and you are curious about the challenge of improving research with continuous feedback from competitive markets, we hope you'll apply
  • Reliable and predictable availability required
  • INTERNATIONAL STUDENTS are encouraged to apply. We accept students eligible for CPT/OPT and we sponsor work visas for full-time positions
  • #LI-DNI
  • Benefits
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care options
  • Employer Paid Group Term Life and AD&D Insurance
  • Voluntary Life & AD&D insurance
  • Paid vacation plus paid holidays
  • Retirement plan with employer match
  • Paid parental leave
  • Wellness Programs
  • Annual Base Salary Range
  • $175,000-$275,000 USD
Desired Qualifications
  • Discretionary eligibility

Jump Trading specializes in high-frequency trading and market-making in financial markets, with a focus on cryptocurrency through its subsidiary, Jump Crypto. Their products and services involve executing numerous trades at high speeds to capitalize on small price differences, which generates profits over time. Jump Crypto aims to develop advanced infrastructure for trading digital currencies like Bitcoin and Ethereum, utilizing expertise in Mathematics, Physics, and Computer Science to enhance financial transactions. Unlike many competitors, Jump Trading emphasizes a strong research foundation and partnerships in the crypto space, serving a diverse clientele that includes institutional investors and hedge funds across major global financial centers. The company's goal is to lead in financial innovation and improve the efficiency and accessibility of trading in both traditional and digital markets.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in 24/7 trading benefits Jump's high-frequency trading operations.
  • Expansion in US crypto operations suggests strategic growth in cryptocurrency market.
  • Investment in Silicon Data enhances data transparency and trading algorithm efficiency.

What critics are saying

  • Facing a lawsuit for alleged token manipulation, risking reputation and financial penalties.
  • US crypto expansion may lead to heightened regulatory scrutiny.
  • New exchanges like TXSE and A5X could increase competition, impacting market share.

What makes Jump Trading unique

  • Jump Trading excels in high-frequency trading and market-making across global markets.
  • Their subsidiary, Jump Crypto, focuses on building next-gen crypto infrastructure.
  • They leverage expertise in Mathematics, Physics, and Computer Science for financial innovation.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Medical, dental and vision insurance

Group Term Life and AD&D Insurance

Paid vacation plus paid holidays

Retirement plan with employer match

Paid parental leave

Wellness Programs

Company News

AiThority
Mar 20th, 2025
Silicon Data Secures $4.7 Million in Seed Funding and Expands Compute Industry Data Product Suite

Silicon Data, a leader in advancing data transparency and efficiency in the compute industry, today announced the successful closing of a $4.7 million seed funding round, co-led by DRW and Jump Trading Group with participation from other strategic investors.

Business Wire
Mar 20th, 2025
Silicon Data Secures $4.7M in Seed Funding and Expands Compute Industry Data Product Suite

Silicon Data, a leader in advancing data transparency and efficiency in the compute industry, today announced the successful closing of a $4.7 million seed f...

Traders Magazine
Mar 11th, 2025
24/7 Trading: Are Markets Ready?

Speaking at the The Future of Markets panel at FIA Boca on Monday, March 10, Dave Olsen, President and Chief Investment Officer, Jump Trading Group, said this shift appears to be "the inevitable reckoning."

CryptoFig
Mar 5th, 2025
Jump Trading scales up US crypto operations, accelerates hiring after years of pullback

Jump Trading is expanding its US crypto operations and increasing headcount after a period of reduced presence due to regulatory uncertainty.

PR Newswire
Jan 31st, 2025
Texas Stock Exchange Files Form 1 Registration To Operate As A National Securities Exchange

TXSE Group Inc closes its initial capital raise at $161 million, making it the most well-capitalized exchange to ever file a Form 1DALLAS, Jan. 31, 2025 /PRNewswire/ -- TXSE Group Inc announced today that the Texas Stock Exchange LLC (TXSE) has filed its Form 1 registration with the U.S. Securities and Exchange Commission (SEC).TXSE is one of the only fully integrated exchanges to file for SEC approval in the past 20 years. Its filing proposes trading, listings of corporate issuers and ETPs, auctions, and a range of data products.TXSE's goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. TXSE is also well underway in building an order matching engine that leverages the latest technology to deliver predictable performance, low latency, and speed comparable to that of the world's top-performing markets.TXSE will continue to work with the SEC on the approval of its registration. If granted, TXSE intends to launch trading in early 2026, with listings by the end of the same year."Today marks another milestone in our journey to make the Texas Stock Exchange a reality," said James H Lee, founder and CEO of TXSE Group Inc

INACTIVE