Algorithmic Trader Intern
TransMarket GroupChicago, Illinois, United States
Posted July 28, 2025
Internship
About the Company
Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm with offices in Chicago, Puerto Rico and Switzerland. We use next generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through generous stewardship of the wealth we create. TMG is a well established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.
Job Description
Join TransMarket Group as an Algorithmic Trader Intern and gain hands-on experience in relative value arbitrage trading, building mathematical models, and performing time series analysis. Collaborate with Junior and Senior Traders to learn all facets of automated trading, from researching and analyzing high-frequency tick data to building trading quantitative model tools and analytics.
Requirements
- Pursuing a Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
- Required courses: Data structures, Probability, Statistics and Linear Algebra
- Minimum major GPA of 3.5/4 or equivalent scale
- Proficiency and experience in object-oriented programming languages, C++, Python and/or Java
- Proficiency and experience in Linux scripting are a plus
- Demonstrated passion for markets, finance, and trading
- Project or internship experience in data analysis, quantitative modeling and/or machine learning
- Passion for math and software applied to markets and trading
- Strong 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
Benefits
- One of the most generous profit sharing programs in the industry
- World-class benefits for full-time employees and their families
