Year-round
Algorithmic Trader
Posted on 7/28/2025
TransMarket Group
51-200 employees
Proprietary trading firm leveraging technology
No salary listed
Chicago, IL, USA
In Person
 Quantitative Finance (2) |
|---|
| , |
- Pursuing a Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027
- Required courses: Data structures, Probability, Statistics and Linear Algebra
- Minimum major GPA of 3.5/4 or equivalent scale
- Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred
- Project or internship experience in data analysis, quantitative modeling and/or machine learning
- Passion for math and software applied to markets and trading
- Strong understanding of computing, math, probability, statistics, and finance
- Strong work ethic and willingness to do what it takes to get the job done
- Excellent verbal and written communication skills
- Ability to work within a team in a fast-paced environment
- This position requires physical presence and is onsite at our office in Chicago, IL
- Work with Junior and Senior Algorithmic Traders to assist and learn all facets of automated trading
- Develop expertise in market microstructure, tick data, and automated trading systems
- Build and maintain trading quantitative model tools and analytics
- Learn and master programming languages
- Develop, code, maintain and support production-quality automated trading strategies
- Engage in dynamic research projects and formalized internship educational program
- Proficiency and experience in Linux scripting are a plus
- 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
TransMarket Group is a private global proprietary trading firm that uses its own capital to trade financial markets, with offices in Chicago, Puerto Rico, and Switzerland. It operates by applying advanced technology and disciplined trading practices to identify opportunities and manage risk through proprietary trading strategies executed by experienced teams worldwide. The company differentiates itself with an entrepreneurial, collaborative culture, a focus on continuous learning and disciplined development, and a mission that combines financial success with wealth stewardship. Its goal is to generate profitable outcomes from proprietary trading while responsibly blessing others through the wealth it creates and its stewardship.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
1980
Simplify's Take
What believers are saying
- TMG generates $31.8M revenue with 156 employees, showing high efficiency.
- Entrepreneurial culture drives continuous strategy development and process improvements.
- Global offices in Chicago, Puerto Rico, Switzerland capture worldwide opportunities.
What critics are saying
- Jane Street poaches TMG's quants, eroding HFT strategies in 6-12 months.
- CFTC fines TMG $50M+ for Puerto Rico tax structures in 3-6 months.
- DRW's AI platform halves TMG's CBOT volume, slashing revenue in 12-18 months.
What makes TransMarket Group unique
- TMG pioneered bond futures basis arbitrage at CBOT Treasury inception.
- TMG acts as electronic market maker in commodities, debt, currencies, rates.
- GO Tropical subsidiary provides centralized capital allocation and risk services.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Profit Sharing