Quantitative Trading Intern

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Intern Chicago, IL, US

8 days ago Requisition

Salary Range: $84,000.00 To $84,000.00 Annually

SCALP Trade is looking for rising 4th-year students to join our rapidly growing trading team in Chicago. We are hiring smart, competitive, and highly analytical individuals. The ideal candidate has strong accomplishments in areas outside of trading, yet will come in with an open mind and a passion for financial markets. We’re looking for someone who not only has great ideas but can execute and turn those ideas into tangible results.

As a trading intern at SCALP Trade, you will enroll in an 8-week program where you will learn all of the fundamentals of options theory in the classroom while getting experience working with trading desks. In addition, you will be assigned real-world projects to work on in tandem with full‑time traders to develop new and optimize existing trading strategies. This internship is a fully immersive program.

SCALP’s primary focus is trading equities, equity options, and futures. We aim to improve the market by offering tighter spreads and providing liquidity to all market participants. We operate on the premise of the market, meaning that we believe in creating jobs and fostering capital formation through a well‑regulated capital market structure. This belief helps to drive our design, implementation, and execution of our trading decisions.

The SCALP Trade team is built on the foundation of collaboration, diversity, and innovation. We value critical thinkers who are adept at deep problem‑solving and can endure a fast‑paced environment. We embrace individuals with grit, self‑motivation, and those with the desire to experience and tackle the most difficult obstacles.

• Currently pursuing a degree in mathematics, engineering, statistics, finance, computer science, or a related field.
• Experience in strategic games/competitive activities or a high level of skill in other pursuits
• Demonstrated interest in trading and/or equity markets
• Strong quantitative, analytical, and logical reasoning skills
• Entrepreneurial mindset with a willingness to solve complex problems
• Coding background. Specifically:
  Python, C#, C++, or SQL.
• Ability to work and communicate effectively in a team environment
• Desire to constantly grow and improve one’s knowledge and abilities

This internship is paid at $7,000 per month for the program.