Junior Algorithmic Trader

The role

Junior Algorithmic Traders develop relative value arbitrage trading software and build and improve trading strategies. You will partner with Senior Traders to assist and learn all facets of automated trading through research, mathematical modeling, and time series analysis.

What you will do

• Work with Senior Algorithmic Traders to assist and learn all facets of automated trading
• Develop expertise in market microstructure, tick data, and automated trading systems
• Learn and master object-oriented programming languages (C++ and Python)
• Build and maintain trading quantitative model tools and analytics
• Develop, code, maintain and support production quality automated trading softwares and strategies
• Improve strategies and trade execution by performing post trade analyses and developing prediction models

Required qualifications

• Pursuing a Bachelor's, Master's, or Doctorate in a technical field such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027 or 1-2 years pertinent indust
• Required courses: Data structures, Probability, Statistics and Linear Algebra
• Minimum major GPA of 3.5/4 or equivalent scale
• 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

Nice to have

• Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred
• Proficiency and experience in Linux scripting are a plus
• Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student g
• Project or internship experience in data analysis, quantitative modeling and/or machine learning

Benefits

• One of the most generous profit sharing programs in the industry
• World-class benefits for full-time employees and their families

About the company

TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago founded in 1980. The firm uses next-generation technology to capture opportunities around the world and manage risk in financial markets.