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Internship Algorithmic Trading Jobs in Chicago, IL

Company Description Our client has been at the forefront of algorithmic trading since its founding ... Hire, mentor and manage software engineers and interns from the Computer Science department ...

Company Description Our client has been at the forefront of algorithmic trading since its founding ... Hire, mentor and manage software engineers and interns from the Computer Science department ...

... trading and business needs. What You'll Do: Our software engineering internship is an intensive 10 ... Advanced coursework in algorithms, network programming, operating systems, compilers * Experience ...

... drives our trading and business needs. What You'll Do: Our data engineering internship is an ... Advanced coursework in algorithms & data structures * Exposure to data analytics tools such as ...

... to power trading with machine learning and other algorithms on a global scale. This is an ... Previous internship experience in hardware or low-level software engineering * Experience with C, C ...

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Internship Algorithmic Trading information

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$24

How much do internship algorithmic trading jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for internship algorithmic trading in Chicago, IL is $17.83, according to ZipRecruiter salary data. Most workers in this role earn between $14.86 and $19.81 per hour, depending on experience, location, and employer.

What kinds of projects or tasks can I expect to work on as an Algorithmic Trading intern?

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 are internship algorithmic trading positions?

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 are the key skills and qualifications needed to thrive as an Internship Algorithmic Trading, and why are they important?

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 the most commonly searched types of Algorithmic Trading jobs in Chicago, IL? The most popular types of Algorithmic Trading jobs in Chicago, IL are:
What are popular job titles related to Internship Algorithmic Trading jobs in Chicago, IL? For Internship Algorithmic Trading jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Internship Algorithmic Trading jobs in Chicago, IL look for? The top searched job categories for Internship Algorithmic Trading jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Internship Algorithmic Trading jobs? Cities near Chicago, IL with the most Internship Algorithmic Trading job openings:
Infographic showing various Internship Algorithmic Trading job openings in Chicago, IL as of July 2026, with employment types broken down into 1% Internship, 1% As Needed, 86% Full Time, 10% Part Time, 1% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $37,080 per year, or $17.8 per hour.

Quantitative Trading Internship - 2027

Dime Line Trading

Chicago, IL

Internship

Posted 2 days ago


Job description

The internship at Dime Line is a 10-week opportunity with our team of quants, data scientists and traders, available all seasons of the year.

Dime Line Trading develops algorithms to trade all major US sports. Dime Line was founded in 2020 by veterans of the financial trading and sports betting industries, who started their careers in the sports gambling space before entering the financial industry, where they individually built successful trading teams at leading firms.

WHAT YOU'LL DO:
You will have the opportunity to work with our team while receiving feedback and mentorship from our tight-knit, collaborative employees in various roles. This is an opportunity to get your feet wet within the trading industry while utilizing algorithmic, statistical, and engineering concepts applied toward the sports betting industry. There are a number of different types of opportunities within Dime Line spanning quantitative research, algorithmic trading models, live trading, and data science. Interns will have the opportunity to work within multiple fields across multiple sports. We retain a startup culture, which means that interns will be working on production projects alongside the rest of the team.

SKILLS YOU'LL NEED:
Ability to work in a fast-paced environment and handle multiple demands at once
Interest in building solutions, solving problems, and understanding how things work
Interest in sports, sports analytics / sabermetrics - please let us know about your interest or work in sports analytics!

Hands-on experience and a high level of proficiency in one or more of the following:
- Statistical modeling, especially predictive modeling in Python/R
- Python development on Linux platform
- Building algorithmic trading models in financial markets, prediction markets or similar
- Quantitative sports gambling or daily fantasy sports

It's great to see:
- Past internship or job experience in a trading, quantitative or engineering role
- Advanced coursework in statistics, optimization, operations research, and computer science