At Belvedere Trading, Quantitative Traders 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 Quantitative Traders are at the forefront of technology immersion as they learn best practices in software development. Quantitative Traders also 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.
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
Development projects – Lead and participate in specific quantitative development projects that enhance trader facing technologies
Research –Participate in quantitative research and the application of quantitative strategies while learning concepts behind our core market making operations
Data Analysis – Perform analyses on large data sets and pull insights to support our trading strategies
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
Collaborate– Partner with teammates to exchange ideas, solve problems, and contribute to a high-performing team environment
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
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
Ability to live in or relocate to Chicago
Graduation date of December 2026-Spring 2027
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.
