Quantitative Trading Intern - Summer 2027

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 specialize in a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we have iteratively invested in our proprietary technology and built our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay ahead of the industry, driven by the dedicated efforts of our technology teams.

About the role

As a Quantitative Trading Intern at Belvedere Trading, you will be part of a team of highly motivated quantitative problem solvers who thrive on intellectual curiosity and teamwork. You will participate in hands-on rotations between trading desks, collaborate with Developers and Strategists on research to improve trading systems, and engage in projects related to trading logic development, electronic trading strategies, and quantitative research. Our Belvedere Trading University (BTU) program will provide comprehensive training, covering everything from foundational knowledge to advanced proprietary concepts.

Responsibilities

• Assist with analyzing daily trades and recapping significant trends.
• Rotate between product groups to gain a broad understanding of the market and Belvedere’s trading strategies.
• Engage in daily collaborative strategy adjustments with your team to adapt to market dynamics.
• Participate in quantitative research and the application of quantitative strategies while learning the concepts behind our core market-making operations.
• Analyze extensive datasets to extract insights that bolster our trading strategies.
• Benefit from our industry-leading BTU program and ongoing practical training within our trading operations.

Qualifications

• Intellectual curiosity and eagerness to learn—we’ll teach you everything you need to know.
• Strong communication skills, with the ability to speak confidently and concisely, especially under pressure.
• Analytical mindset with a focus on quantitative thinking, problem-solving, and data analysis.
• Demonstrated success working in team-based environments.
• Fluency in using AI tools to improve efficiency while maintaining independent judgment and critical thinking.
• Some training or demonstrated ability to learn programming languages such as C++, C#, and Python.
• Knowledge of financial markets and trading is a plus but not required.
• Ability to live in Chicago and attend the internship fully in person during the summer of 2027.
• Graduation date of December 2027 or Spring 2028.

Pay

$140,000 a year. Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses.

Benefits

Our employees have access to a variety of benefits. For more details, visit our website.

Compliance

For trading positions and certain engineering roles, the SIE and Series 57 licenses are required. Belvedere Trading will provide comprehensive study materials and allocate dedicated time during onboarding to ensure your success in obtaining these certifications.

Schedule

• Regular and reliable attendance during business hours, with the ability to be on-site prior to the start of business on occasion.
• No travel required.
• Ability to remain at a desk and concentrate for long periods of time.

Belvedere Trading is an Equal Opportunity Employer and provides a non-discriminatory employment environment. We encourage applications from women and underrepresented groups. Sponsorship is available.