Full-Time

Senior Algorithmic Trader

TransMarket Group

TransMarket Group

51-200 employees

Proprietary trading firm leveraging technology

No salary listed

Chicago, IL, USA

In Person

This position requires physical presence and is onsite at our office in Chicago, IL.

Category
Quantitative Finance (1)
Required Skills
Python
C/C++
Data Analysis
Requirements
  • Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
  • Minimum five (5) years of work experience in the trading industry
  • Programming proficiency and experience (C++, Python)
  • Proficiency and experience in Linux scripting are a plus
  • Passion for math and software applied to markets and trading
  • Expert 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
Responsibilities
  • Maintain expertise in market microstructure, tick data, and automated trading systems
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models.
  • Manage a small group of dynamic Junior Traders and guide research and trading software development projects
  • Mentor Junior Traders and promote their learning on the desk
  • Help steer recruitment initiatives to advance the growth and development of the team

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 Jobs

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.

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