Quant Trading Associate Internship

Are you excited by the opportunity to be part of a dynamic trading environment that values teamwork and collaboration? Do you thrive in an innovative atmosphere? If so, we encourage you to consider Chicago Trading Company (CTC)

The Role 

As a Quant Trading Associate (QTA) Intern, you will be challenged to learn and adapt in an exciting team environment and will play a substantial role in our day-to-day trading and quant-related activities. Your impact is immediate and meaningful. You will become a member of a team for the summer and play a vital role completing project work and/or identifying trading opportunities and communicating with software engineers, quants, traders, and risk managers throughout the trading day. As part of the Summer Associate cohort, you will learn and socialize alongside other QTA Interns.

What to Expect

The internship program gives you insight into our culture and an inward look into what our business is all about. You will participate in three classroom learning experiences including: a week-long Basics of Options class, a multi-week class on the fundamentals of market making (Mock Trading), and a multi-week class that introduces elements of our quant framework (Quant Curriculum). You will also attend planned social activities and talks from various business leaders to propel your professional growth, and build your network with CTC employees and fellow interns. You will: 

• Work in an impactful role mirroring that of a full-time Quantitative Trading Associate 

• Get hands-on experience with trading and exposure to our trading technology 

• Have weekly one-on-one meetings with your manager to ensure you are progressing and learning throughout the program 

• Receive mentorship from members of our trading and/or quant teams 

• Experience a culture with a strong emphasis on teamwork and collaboration built through various educational and social activities

What it takes for you to be successful:

• You have a competitive drive and are a highly motivated individual that only gets stronger as part of a collaborative team 

• You have a desire to work in tandem with traders, quants, developers, and other experts to further CTC’s goal of providing world class liquidity to financial markets 

• You love solving complex problems 

• You’re intellectually curious and like to challenge the status quo 

• You can effectively communicate sophisticated ideas both written and verbally 

• You have strong quantitative and analytical skills 

• You have basic programming skills in Python, Java, or C++ 

• No prior experience in finance is necessary, but a deep curiosity and hunger to learn about finance and trading is crucial

Key Requirements:

• You are pursuing a Bachelor’s or Master’s degree. All majors and concentrations welcome.

• You will graduate between December 2025-June 2026

• You have a demonstrated record of success (academics, awards, etc.)

• You are willing to relocate London for the summer (with full-time placement in London)

• You are eligible to work in the United Kingdom with no restrictions

Why should you consider interning at CTC?

• Be part of a fast-growing, industry-leading global technology company

• Opportunity to work with and learn from leaders in our industry

• Excellent support system to ensure your learning and development

• Experience innovation, teamwork, and fun while working in an intellectually stimulating environment

• Competitive pay plus housing and lunch stipends

Application Timeline

Please apply by October 18, 2024:

• Following the application process, you may receive an online behavioral and cognitive aptitude assessment.
• Based on your assessment results, you may be invited to a virtual interview. We will contact you directly if we would like to move you to the next round no later than early December 2024.