Full-Time

Quantitative Trader

Updated on 9/4/2026

Belvedere Trading

Belvedere Trading

201-500 employees

Proprietary options trading using advanced tech

Compensation Overview

$140k/yr

+ Discretionary bonus

H1B Sponsorship Available

Chicago, IL, USA

In Person

Relocation to Chicago is supported by the posting's stated ability to live in or relocate to Chicago.

Category
Quantitative Finance (1)
Required Skills
Python
Quantitative Research
C#
C/C++
Data Analysis

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Requirements
  • Ability to learn or demonstrated ability with programming languages such as C++, C#, and Python.
  • Strong quantitative thinking, problem-solving, and data analysis skills.
  • Ability to communicate confidently and concisely in high-stakes situations.
  • Ability to live in or relocate to Chicago.
  • Graduation date between December 2026 and Spring 2027.
  • Ability to obtain the SIE and Series 57 licenses, with study materials and onboarding time provided.
  • Ability to work regular business hours, attend reliably, and be on-site before the start of business on occasion.
  • Ability to remain at a desk and concentrate for long periods of time.
Responsibilities
  • Assist with order execution, trade checking, and trade reconciliations.
  • Participate in strategy meetings and collaborate with the team on position management.
  • Lead and participate in quantitative development projects that enhance trader-facing technologies.
  • Participate in quantitative research and apply quantitative strategies while learning core market-making operations.
  • Analyze large data sets and extract insights to support trading strategies.
  • Complete hands-on training in option valuation, game theory, hedging, portfolio analysis, simulated trading games, option pricing, and financial engineering.
  • Collaborate with teammates to exchange ideas, solve problems, and contribute to the team environment.
Desired Qualifications
  • Knowledge of the financial markets and trading industry.

Belvedere Trading is a proprietary trading firm in Chicago that focuses on options trading. It uses its own technology and risk management capabilities to quickly capitalize on market inefficiencies, continuously re-engineering and maintaining its trading models and software to stay ahead. The company supports a team of over 200 people and emphasizes a distinct culture, entrepreneurship, and employee development, which contributes to low turnover and strong referrals. Its competitive edge comes from combining advanced technology, disciplined risk controls, and ongoing model optimization to operate efficiently in fast-moving financial markets. The firm aims to grow through expanding its talent, technology, and market reach while tackling evolving opportunities and challenges in the markets.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2002

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Simplify Jobs

Simplify's Take

What believers are saying

  • Belvedere posted active openings on August 26, 2026, including senior engineers and traders.
  • LinkedIn still listed 2026 internships and entry-level roles, showing a continuing talent pipeline.
  • Singapore expansion and a dedicated options trader role there suggest geographic diversification beyond Chicago.

What critics are saying

  • 2019 CFTC spoofing settlement still stains credibility and invites tighter surveillance from CME and regulators.
  • Belvedere's 13F-only transparency hides revenue, leverage, and PnL, complicating employer stability assessment.
  • Options market-making profits can compress fast; losing DPM status at Cboe would hit franchise value immediately.

What makes Belvedere Trading unique

  • Chicago-native prop desk with Cboe DPM rights on SPESG, SPEQX, and MRUT in 2026.
  • Hiring spans trading data fabric, market data, and FPGA engineering, signaling deep technology ownership.
  • Global footprint across Chicago, Boulder, New York, and Singapore broadens talent and exchange access.

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Benefits

Medical coverage

Life Insurance

Complimentary access to a full gym in the building

Time off

Parental leave

401(k)

Continuing education

Transit benefit program

Relocation reimbursement

Company News

ETFDailyNews.com
Jun 9th, 2025
Parallel Advisors LLC Has $53,000 Position in Granite Ridge Resources, Inc. (NYSE:GRNT)

Belvedere Trading LLC acquired a new stake in shares of Granite Ridge Resources in the fourth quarter valued at about $75,000.

Castle Placement
Nov 6th, 2024
Top 10 CloudTech & DevOps Capital Raises in the U.S. - October 16th-31st, 2024

Databento, developer of a colocation platform designed to provide simpler and faster historical data to receive market data, raised $10 million of Series A1 venture funding from Clear Street, Lightscape Partners and Belvedere Trading.

Global Fintech Series
Oct 30th, 2024
Databento Closes $10 Million in Additional Funding to Drive Global Expansion

Databento, one of the fastest-growing companies in the financial data industry, today announced the successful close of $10 million in additional funding, increasing its total Series A round to $30 million. This caps off an extraordinary year that saw a 985% surge in revenue and over 7,000 new customers.

MarketBeat
Feb 5th, 2024
GABELLI & Co INVESTMENT ADVISERS INC. Takes $594,000 Position in Sequans Communications S.A. (NYSE:SQNS)

Belvedere Trading LLC purchased a new stake in Sequans Communications in the 2nd quarter worth about $51,000.

ETFDailyNews.com
Jan 18th, 2024
Independence Contract Drilling (NYSE:ICD) Stock Passes Below 200-Day Moving Average of $2.71

Belvedere Trading LLC purchased a new stake in Independence Contract Drilling in the fourth quarter valued at $38,000.