Internship

Quantitative Trader Intern

Posted on 8/10/2023

TransMarket Group

TransMarket Group

51-200 employees

Proprietary trading firm in global markets

No salary listed

Chicago, IL, USA

Category
Risk Management
Quantitative Analysis
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
Data Analysis
Requirements
  • Pursuing a Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or financial engineering with a graduation date between December 2024 and Spring 2025
  • Proficiency in Python programming required (1-2 years of experience)
  • Required math coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability and Advanced Statistics
  • Minimum major GPA of 3.5 out of 4 or equivalent scale
  • Demonstrated passion for markets, finance, and trading such as but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred
  • This position requires physical presence and is onsite at our office in Chicago, IL
Responsibilities
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Actively learn and analyze real-time trades
  • Engage in research projects and formalized internship education program

TransMarket Group (TMG) is a proprietary trading firm that operates in global financial markets. The firm uses advanced technology to find and take advantage of trading opportunities while effectively managing financial risks. TMG works with a variety of clients and fosters a culture that values collaboration, ongoing education, and careful business growth. The company earns its revenue primarily through its own trading activities, applying its knowledge and tech tools to achieve profitable results. Beyond just making money, TMG aims to positively impact others through its services and by responsibly managing the wealth it generates.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1980

Simplify Jobs

Simplify's Take

What believers are saying

  • Machine learning algorithms enhance predictive accuracy and execution speed for TMG.
  • DeFi platforms create new trading opportunities and liquidity pools for TMG.
  • Quantum computing advancements offer competitive advantages in financial modeling and risk management.

What critics are saying

  • Algorithmic trading firms with advanced AI may erode TMG's market share.
  • Regulatory scrutiny increases operational costs for proprietary trading firms like TMG.
  • Talent war in tech and finance sectors challenges TMG's ability to retain top-tier talent.

What makes TransMarket Group unique

  • TMG leverages next-gen technology for global market opportunities and risk management.
  • The firm emphasizes an entrepreneurial culture with continuous learning and disciplined development.
  • TMG generates revenue through proprietary trading, focusing on profitable outcomes and wealth stewardship.

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Benefits

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INACTIVE