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Junior Trader Intern - Summer 2024

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Banking & Finance
  • Chicago

Requirements

  • 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
  • Analytical – We’re looking for quantitative thinkers and master problem-solvers
  • Communication – We need people who can speak confidently and concisely, especially when the stakes are high
  • Team player – Trading is not an isolated activity at Belvedere, so great candidates will have demonstrated success in working in team-based environments
  • Knowledge of the financial markets and trading industry isn’t required, but it is a plus!
  • Ability to live in Chicago and attend the internship fully in person during the summer of 2024. Applicants for this position will be considered for the Chicago location only
  • Graduation date of December 2024 or later

Responsibilities

  • Training – Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games
  • Daily trading activities – Assist with order execution, trade checking and trade reconciliations
  • Rotations – Rotate between product groups provide a broad perspective of the marketplace and Belvedere’s trading strategies
  • Desk strategy – Participate in strategy meetings and collaborate with your team on their position management

We are an employees-first firm, passionate about building new technologies and making an impact in the markets!

Finance
Industry
201-500
Employees
2002
Founded Year

Mission & Purpose

In March of 2002, Belvedere Trading emerged as Chicago’s newest market makers, soon to join the ranks of the Windy City’s elite proprietary trading firms. Armed with printouts of Excel workbooks and a team of eager minds, Belvedere established their place in the SPX pit on the floor of the Chicago Board Options Exchange. From the beginning, we began iteratively investing in our proprietary technology, first building our options model, then adapting it to work on a handheld computer, then committing to building our software systems from the ground up. Due to our ultramodern proprietary technology and risk management capabilities, Belvedere is able to quickly capitalize on inefficiencies in the marketplace. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. Belvedere Trading’s success and rapid growth are the direct results of our market experience, commitment to our mission and values, and relentless focus on the training and development of our team members. We attract an amazing caliber of diverse people; our team is comprised of over 200 individuals and we are actively expanding year over year. Since our inception, Team Belvedere has enjoyed low turnover and high referral rates due to our distinctive working atmosphere, well defined company culture, and high levels of entrepreneurship and empowerment. Our aggressive drive for efficiency, unique trading techniques, use of cutting edge technology, and most importantly, talented people, make us confident of our continued growth and success. Belvedere Trading continually looks forward to further expansion and facing the opportunities and challenges that the evolving financial markets will bring.