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

On-site in Chicago; must be physically present.

Bachelor's, Master's, PhD

Category
Quantitative Finance (1)
Finance & Banking (1)
Required Skills
Python
Machine Learning
C/C++
Linux/Unix

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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

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Simplify Jobs

Simplify's Take

What believers are saying

  • FIA's April 2026 profile confirms active expansion across products and geographies.
  • TMG's website says the business is profitable and still startup-like.
  • Recent hiring for quantitative traders shows continued investment in automated futures strategies.

What critics are saying

  • Hiring depends on profitable trading; a bad year hits compensation immediately.
  • TMG's 2005 patent dispute history signals legal exposure around trading technology.
  • A systematic underperformance cycle could crush the firm within one severe market regime.

What makes TransMarket Group unique

  • Founded 1980, TMG trades global derivatives, equities, commodities, and fixed income actively.
  • Chicago headquarters plus Puerto Rico and Switzerland offices support global market access.
  • TMG emphasizes advanced modeling, technology, research, and disciplined capital deployment.

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