Summer 2027

Quant Trading Intern

Summer 2027

Updated on 8/7/2026

Chicago Trading Company

Chicago Trading Company

501-1,000 employees

Proprietary trading using quantitative strategies

Compensation Overview

$95.19/hr

+ Signing bonus

Chicago, IL, USA

Remote

Must relocate to Chicago for the summer; full-time placement is in Chicago.

Bachelor's, Master's

Category
Quantitative Finance (1)
Required Skills
Python
Quantitative Research

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Requirements
  • You are pursuing a Bachelor's or Master's degree; all majors and concentrations are welcome.
  • You will graduate between December 2027 and June 2028.
  • You have a demonstrated record of success, such as academics or awards.
  • You are willing to relocate to Chicago, Illinois, for the summer, with full-time placement in Chicago.
  • You can participate in the full duration of the 8-week program from mid-June to early August 2027.
  • You have strong quantitative and analytical abilities.
  • You have basic programming skills or a willingness to learn Python.
  • You can effectively communicate sophisticated ideas in written and verbal form.
Responsibilities
  • Work in an impactful role mirroring that of a full-time Quant Trading Associate.
  • Gain hands-on experience with trading and exposure to trading technology.
  • Complete project work and identify trading opportunities while communicating with software engineers, quantitative researchers, traders, and risk managers throughout the trading day.
  • Participate in the Basics of Options class, Mock Trading class, and Quant Curriculum class.
  • Attend planned social activities and talks from business leaders.
  • Participate in weekly one-on-one meetings with the manager to monitor progress and learning.
  • Receive mentorship from members of the trading and quantitative teams.
Desired Qualifications
  • No prior experience in finance is necessary, but a deep curiosity and hunger to learn about finance and trading is essential.
Chicago Trading Company

Chicago Trading Company

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CTC trades its own capital in stocks, options, and futures for institutional clients. A team of traders, quants, technologists, and operations staff uses algorithms and data analysis to identify trading opportunities and execute trades. Profits come from timely pricing, risk management, and efficient execution, financed by its own balance sheet. The firm differentiates itself with internal capital generation, a collaborative culture, and offices in Chicago, Boulder, London, and New York to access global markets, aiming for steady profits by refining quantitative methods.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1995

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Simplify Jobs

Simplify's Take

What believers are saying

  • CTC posted June 2026 openings for senior engineers, researchers, and institutional derivatives sales.
  • CTC joined the Pyth network in 2026, extending crypto pricing distribution on-chain.
  • Built-in-Chicago listed 783 employees in June 2026, signaling continued scale and liquidity depth.

What critics are saying

  • CTC's 2023 breach exposed Social Security numbers, passports, and licenses, damaging trust.
  • Any July 2026 cyber incident can disrupt trading systems, trigger exits, and invite lawsuits.
  • Rapid hiring across FPGA, AI, and systematic roles strains execution and raises integration risk.

What makes Chicago Trading Company unique

  • CTC combines options market making with systematic research and low-latency engineering.
  • Lauren Rauch and Josh Schubkegel, both CTC veterans, became co-CEOs on January 1, 2026.
  • CTC spans Chicago, New York, London, and Amsterdam across derivatives and execution services.

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Benefits

Health Insurance

Parental Leave

Wellness Program

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%
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