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Internship Arbitrage Trading Jobs (NOW HIRING)

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ... Project or internship experience in data analysis, quantitative modeling and/or machine learning

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ... Project or internship experience in data analysis, quantitative modeling and/or machine learning

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ... Project or internship experience in data analysis, quantitative modeling and/or machine learning

TransMarket Group

Algorithmic Trader Intern

Chicago, IL

$15.50 - $20.50/hr

... arbitrage trading paired with innovative software. You will work closely with Junior and Senior ... Engage in dynamic research projects and formalized internship educational program Requirements

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

... arbitrage trading paired with innovative software. You will work closely with Junior and Senior ... Engage in dynamic research projects and formalized internship educational program Requirements

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How much do internship arbitrage trading jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for internship arbitrage trading in the United States is $16.33, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $19.23 per hour, depending on experience, location, and employer.

What is an internship in arbitrage trading?

An internship in arbitrage trading is a temporary position that allows students or recent graduates to gain hands-on experience in identifying and executing arbitrage opportunities in financial markets. Interns typically work with professional traders to analyze price discrepancies between different markets or instruments, learn trading strategies, and assist with research and data analysis. The goal is to apply theoretical knowledge to real-world trading environments, develop analytical skills, and gain insight into the fast-paced world of proprietary or quantitative trading.

What are the key skills and qualifications needed to thrive as an internship arbitrage trader, and why are they important?

To thrive as an Internship Arbitrage Trader, you need strong quantitative and analytical skills, a background in finance, mathematics, or related fields, and a solid understanding of financial markets. Familiarity with programming languages like Python or R, experience using trading platforms, and knowledge of data analysis tools are commonly required. Attention to detail, quick decision-making, and effective communication are key soft skills that help interns excel in this fast-paced environment. These abilities are crucial for accurately identifying market inefficiencies and executing trades quickly to capitalize on arbitrage opportunities.

What are some common challenges faced by interns in arbitrage trading, and how can they be overcome?

Interns in arbitrage trading often face challenges such as mastering complex trading algorithms, adapting to fast-paced market environments, and quickly learning to analyze large sets of financial data. To overcome these challenges, it's important to proactively seek guidance from senior traders, make use of available training resources, and practice critical thinking under pressure. Regularly collaborating with quantitative analysts and technologists on the team can also help interns deepen their understanding and accelerate their learning curve.

What is the difference between Internship Arbitrage Trading vs Trading Analyst?

AspectInternship Arbitrage TradingTrading Analyst
Required CredentialsInternship experience, basic finance knowledgeBachelor's degree in finance, economics, or related field
Work EnvironmentInternship setting, often in trading firms or financial institutionsFull-time role in trading desks or financial firms
Employer & Industry UsageUsed by firms to train interns in arbitrage strategiesCommonly employed to analyze and execute trading strategies

Internship Arbitrage Trading typically involves short-term, entry-level roles focused on learning arbitrage strategies during internships. In contrast, Trading Analysts are full-time professionals responsible for analyzing markets and supporting trading decisions. Both roles require finance knowledge, but Trading Analysts usually have more advanced credentials and responsibilities.

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Internship Arbitrage Trading jobs near you
Infographic showing various Internship Arbitrage Trading job openings in the United States as of August 2026, with employment types broken down into 10% Internship, 56% Full Time, 32% Part Time, 1% Temporary, and 1% Contract. Highlights an 77% Physical, 2% Hybrid, and 21% Remote job distribution, with an average salary of $33,957 per year, or $16.3 per hour.

Junior Algorithmic Trader

TransMarket Group

Chicago, IL

$69K - $89K/yr

Full-time

Posted 17 days ago

Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • 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

Requirements

  • 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 industry experience 
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • 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 groups or clubs and/or prior internship experience preferred 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • 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
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to prepare for the interview process

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