Junior Hybrid Trader Intern - Winter 2021

Junior Hybrid Trader Intern - Winter 2021

Belvedere Trading is a proprietary trading firm located in Chicago, specializing in equity index and commodity derivatives.

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Job Description

Junior Hybrid Trader Intern at Belvedere Trading - Winter 2021

At Belvedere Trading, Junior Hybrid Trader Interns are some of the industry’s most quantitative problem solvers. We created this unique role to foster collaboration across our proprietary technology and trading teams. As a result, our Junior Hybrid Trader Interns participate in a hands-on rotation between Belvedere’s trading desks and development teams. On their technology rotation, Hybrid Interns are at the forefront of technology immersion as they learn best practices in software development. On their trading rotation, Hybrid Interns implement the most sophisticated trading strategies 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.


Core Values

The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day. Take a moment to learn more and see if our values align with yours.


What our Junior Hybrid Trader Interns do

  • Research – Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
  • Daily trading activities – Assist with order execution, trade checking and trade reconciliations
  • Desk strategy – Participate in strategy meetings and collaborate with your team on their position management
  • Software development – Learn the basics of design, implementation, and testing of enterprise software
  • Training – Engage in continuous, hands-on training that includes education on option valuation, game theory, hedging, portfolio analysis, and simulated trading games to quickly learn the aspects of option pricing and financial engineering, both on a theoretical level and in application with Belvedere’s various strategies


Key qualities in great candidates

  • Communication – We need people who can speak confidently and concisely especially when the stakes are high
  • Analytical – We’re look for quantitative thinkers and master problem-solvers
  • 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
  • Knowledge of the financial markets and trading industry is a plus, but not a prerequisite
  • Graduation date of December 2021 or May/June 2022 (start date early January 2021)


Who we are

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 rate, exchange traded fund (ETF), and equity index options. This wouldn’t be possible without the dedicated efforts of our technology teams who utilize and perfect our innovative technology solutions.


Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.


Job Status: Full Time Intern

Sponsorship: Not available for this position

Work Schedule: Regular and reliable available during work hours

Amount of Travel Required: None