Internship

Campus Quantitative Trader – Intern

Posted on 8/9/2024

Jump Trading

Jump Trading

1,001-5,000 employees

High-frequency trading and market-making services

No salary listed

H1B Sponsorship Available

Chicago, IL, USA

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Requirements
  • Outstanding skills in probabilistic thinking and mathematical reasoning
  • Programming experience
  • Demonstrated interest in financial markets
  • Reliable and predictable availability required
Responsibilities
  • Develop predictive models and automated trading strategies for live trading
  • Rotate and work with several trading teams
  • Work on a project with the trading team while being mentored by experienced traders, quant researchers, and developers
  • Other duties as assigned or needed

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 can lead to significant profits. 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 drive financial innovation and improve market liquidity, making trading more efficient for all participants.

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.

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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

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