Quantitative Trading Intern - Winter Quarter 2027

Job description

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions. High-performance proprietary trading and development is the source of our success and competitive advantage at Belvedere, further fueling our passion for performance. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. At Belvedere Trading, Quantitative Trading Interns are some of the industry’s highly motivated most quantitative problem solvers. They have a love for financial markets and enjoy working in teams to learn about various trading concepts. Our Quantitative Trading Interns participate in a hands-on rotation between Belvedere’s trading desks and collaborate with Developers and Strategists in research to improve our trading systems. Quantitative Trading Interns are at the forefront of technology immersion as they learn best practices in software development and focus on projects related to trading logic development, electronic trading strategies, and quantitative research. If you love technology and financial markets, then this position might be for you. Don’t know a lot about trading? No sweat. Learn as much as you can in the meantime (check out our Recommended Reading webpage for some resources to get you started) but know our Belvedere Trading University (BTU) program will teach you everything you need to know once you join the team. ### What our Quantitative Trading Interns do - Daily trading activities – Assist with analyzing daily trades and recapping significant trends - Rotations – Rotate between product groups to gain a broad understanding and knowledge of the market and Belvedere’s trading strategies - Desk strategy – Engage in daily collaborative strategy adjustments with your team to adapt to market dynamics - Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations - Data Analysis – Analyze extensive datasets to extract insights that bolster our trading strategies - Training – Benefit from our industry-leading BTU program, complemented by ongoing practical training within our trading operations, covering a spectrum from foundational knowledge to advanced proprietary concepts. ### Key qualities in great candidates - Communication – We need people who can speak confidently and concisely, especially when the stakes are high - Analytical – We’re looking for quantitative thinkers and master problem-solvers with strong data analysis skills - Team Player – Trading and development are not isolated activities at Belvedere, so great candidates will have demonstrated success in working in team-based environments - Curious – We'll teach you everything you need to know, but we love working with people who ask questions and are eager to get involved - Core development skills – You will need some training or a demonstrated ability to learn programming languages such as C++, C#, and Python - AI Fluency – Effectively use AI tools to improve efficiency and effectiveness while maintaining independent judgement - Knowledge of the financial markets and trading industry is a plus but not a prerequisite - Regular attendance is an essential function of this position - Ability to live in Chicago and attend the internship fully in person during the winter quarter of 2027 (January - March) - Graduation date of December 2027/Spring 2028