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Internship Algorithmic Trading Jobs in Missouri (NOW HIRING)

Internship Algorithmic Trading information

What is an internship algorithmic trading?

Internship algorithmic trading positions are short-term roles, often offered to students or recent graduates, where individuals learn about and assist in developing, testing, and implementing automated trading strategies using computer algorithms. Interns typically work with quantitative analysts, traders, and software engineers to analyze market data, backtest strategies, and optimize trading models. These internships provide hands-on experience with programming, financial markets, and quantitative analysis, serving as a valuable stepping stone for a career in quantitative finance or trading.

What does an internship algorithmic trading do?

As an Algorithmic Trading intern, you'll likely be involved in tasks such as data collection and cleaning, backtesting trading strategies, and assisting with the development or enhancement of trading algorithms. You may work closely with quantitative analysts and traders to analyze market trends, evaluate performance metrics, and optimize models. Interns often gain hands-on exposure to programming languages like Python or C++, and collaborate within a fast-paced, team-oriented environment where communication and problem-solving skills are highly valued.

What skills and qualifications are needed for an internship algorithmic trading?

To thrive as an Algorithmic Trading Intern, you need strong quantitative skills, proficiency in programming (often Python, C++, or Java), and a solid understanding of financial markets, typically supported by coursework in mathematics, statistics, finance, or computer science. Familiarity with trading platforms, data analysis tools like MATLAB or R, and sometimes experience with version control systems or Bloomberg Terminal, is highly beneficial. Analytical thinking, attention to detail, and effective communication help interns contribute meaningfully to team projects and adapt quickly in fast-paced environments. These skills enable interns to analyze large datasets, develop trading algorithms, and collaborate efficiently, all of which are crucial for success in algorithmic trading.

What is the difference between Internship Algorithmic Trading vs Internship Quantitative Analysis?

AspectInternship Algorithmic TradingInternship Quantitative Analysis
Required CredentialsStrong programming skills, basic finance knowledge, often pursuing degrees in finance, computer science, or engineeringMathematical and statistical skills, degrees in mathematics, statistics, or related fields, programming skills beneficial
Work EnvironmentFast-paced trading firms, hedge funds, or proprietary trading desksFinancial institutions, research firms, or investment banks
Employer & Industry UsageCommon in trading firms and hedge funds focused on developing trading algorithmsUsed across finance sectors for data analysis, model development, and research

Internship Algorithmic Trading focuses on developing and implementing trading algorithms, requiring programming and finance knowledge. Internship Quantitative Analysis emphasizes data analysis and statistical modeling to inform investment decisions. Both roles involve quantitative skills but differ in their primary focus and work environment.

What are popular job titles related to Internship Algorithmic Trading jobs in Missouri?

For Internship Algorithmic Trading jobs in Missouri, the most frequently searched job titles are:

What cities in Missouri are hiring for Internship Algorithmic Trading jobs?

Cities in Missouri with the most Internship Algorithmic Trading job openings:

Associate Software Engineer, Web

Cboe Global Markets

Kansas City, MO • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Job description


Building trusted markets - powered by our people
At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.
We're building meaningful ways to support professional and personal development while strengthening the trust we've earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to "go for it" and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.
Role Overview
Web software engineers at Cboe are tasked with designing and implementing applications, developing user interfaces and components that are critical to maintaining operational and customer readiness. This requires careful attention to detail, knowledge of algorithms and data structures, and ability to design testable and scalable systems. Cboe web services are running 24x7, and web engineers are responsible for ensuring uptime and resilience for applications that support all Cboe markets.
We use industry-leading technologies like Python, Django, React, Next.js and Tailwind CSS to build websites that handle millions of requests per day, providing high-quality market data and real-time access to Cboe exchanges for our customers and the investing public. We operate at the tip of the spear, maintaining the primary interface for command and control of Cboe markets worldwide. We are aggressive, yet agile. We care about user experience. We care about code quality. We care about testing. We care about automation. We're looking for like-minded individuals to join us.
Essential Duties and Responsibilities
Design, implement, test, extend, and maintain functionality for our web applications and systems. Good Python, JavaScript (React, NextJS), HTML/CSS, and Linux knowledge. Basic understanding of UX and the Cboe Design Systems (Chroma and Contour). Basic understanding of SQL and familiarity with relational databases.
Implement automated unit tests and test changes to systems and platform functionality prior to deployment.
Contribute to remediation efforts for incidents arising from own changes.
Provide input into team sprint planning and participate in periodic team meetings.
Participate in peer code reviews. Capable of giving and receiving constructive feedback.
Participate in requirements gathering and analysis. Contribute to documentation, technical specifications, and requirements for our data and applications.
Demonstrate interest in system and business knowledge and take steps to improve understanding of Cboe's markets and technology. Assertive and detail oriented, with excellent communication skills.
Prioritize and manage time effectively across projects in a deadline-driven environment.
Demonstrate excellent communication skills. Regular communication with technical colleagues and be a positive representation of software engineering internally and externally.
Performs other related duties as required or requested.
Cboe operates a flexible and hybrid work environment, with our teams working regularly from our offices in Kansas City and Chicago.
Job Requirements
  • BS in Computer Science or demonstrable equivalent knowledge

  • 0-2 years of experience developing websites or web applications; internship, academic, or personal project experience is welcomed

  • Exposure to MVC web frameworks (Django preferred) through coursework or projects

  • Familiarity with JavaScript

  • Familiarity with Python, or experience in another language with a strong desire to learn Python

  • Familiarity with modern web standards, including HTML5 and CSS3

  • Familiarity with Linux or UNIX-like systems

  • Experience with Apache, PostgreSQL, or ReactJS is a plus

  • Experience with Python unit testing and full-stack web testing is a plus

Benefits and Perks
We value the total wellbeing of our people - including health, financial, personal, and social wellness. We believe standard benefits like health insurance and fair pay are given at any organization. Still, you should know what we offer:
  • Medical Coverage

  • Prescription Drug Coverage

  • Additional Medical Benefit

  • Dental Coverage

  • Vision Coverage

  • 401K or Pension Company Match

  • Spending Accounts

  • Life and AD&D Insurance

  • Retirement Savings Plan

  • Employee Stock Purchase Plan (ESPP)

  • Voluntary & Additional Benefits

  • Paid Time Off

More About Cboe Global Markets
We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe on our website and LinkedIn.
Equal Employment Opportunity
We're proud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or veteran status. We are committed to fostering a workplace where all individuals are valued and respected.
#LI-CS
This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
Salary Ranges (applicable for US locations only)
At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $76,500-$99,000, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.
This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.
Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.