Full-Time

Junior Quantitative Trader

Confirmed live in the last 24 hours

TransMarket Group

TransMarket Group

51-200 employees

Global proprietary trading firm leveraging technology

Quantitative Finance
Financial Services

Entry, Junior

Chicago, IL, USA

Requires physical presence onsite at the office in Chicago, IL.

Category
Quantitative Trading
Quantitative Finance
Finance & Banking
Required Skills
Python
C/C++
Requirements
  • Bachelor’s, Master’s, or Doctorate degree in a technical or industry related field such as, but not limited to, mathematics, statistics or mathematical finance with a graduation date between December 2024 and Spring 2025
  • Required coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability or Advanced Statistics
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency in Python required and some experience with C++ and other computer programming languages preferred
  • 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
  • Deep understanding of finance, math, and statistics
  • Attention to detail and the ability to make sound judgments under pressure
  • Strong work ethic and willingness to do what it takes to get the job done
  • Ability to work in a fast paced and collaborative environment
  • This position requires physical presence and is onsite at our office in Chicago, IL
Responsibilities
  • Partner with Senior Traders to assist in and learn all facets of trading
  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Manage real-time execution of semi-automated trading system
  • Learn and analyze real-time trades
  • Research and improve upon trading strategies

TransMarket Group (TMG) operates as a proprietary trading firm that engages in trading activities across global financial markets. The firm uses advanced technology to identify trading opportunities and manage financial risks effectively. TMG serves a variety of clients and fosters an entrepreneurial culture that encourages collaboration and ongoing education among its team members. Unlike many competitors, TMG focuses on both financial performance and the responsible management of the wealth it generates, aiming to positively impact others through its services and philanthropic efforts. The company's goal is to achieve profitable trading outcomes while also contributing to the well-being of the community.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1980

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at TransMarket Group offers exposure to cutting-edge quantitative research and advanced trading technologies.
  • Employees have the opportunity to develop and implement proprietary trading strategies, fostering a culture of innovation and creativity.
  • The firm's emphasis on in-house technology development provides a dynamic and intellectually stimulating work environment.

What critics are saying

  • The highly competitive nature of the proprietary trading industry can lead to high pressure and stress for employees.
  • Rapid changes in financial markets require constant adaptation, which can be challenging and demanding.

What makes TransMarket Group unique

  • TransMarket Group's unique approach to leveraging quantitative research and technology in trading sets it apart from traditional financial firms.
  • Their focus on proprietary trading strategies and in-house technology development provides a competitive edge over firms relying on third-party solutions.
  • The company's commitment to continuous innovation and adaptation in the fast-paced financial markets ensures they remain ahead of the curve.

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