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Trading Intern Jobs in Illinois (NOW HIRING)

Quantitative Trading Intern

Chicago, IL ยท On-site

$76 - $92/hr

Quantitative Trading Intern Intern Chicago, IL, US 8 days ago Requisition ID: 1008 Salary Range: $84,000.00 To $84,000.00 Annually SCALP Trade is looking for rising 4th-year students to join our ...

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 ...

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... From researching and analyzing high-frequency tick data and trading performance, to building ...

Algorithmic Trader Intern

Chicago, IL ยท On-site

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... From researching and analyzing high-frequency tick data and trading performance, to building ...

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Trading Intern information

See Illinois salary details

$8

$22

$66

How much do trading intern jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for trading intern in Illinois is $22.89, according to ZipRecruiter salary data. Most workers in this role earn between $10.55 and $23.20 per hour, depending on experience, location, and employer.

What does a trading intern do?

A Trading Intern supports traders by analyzing market data, monitoring financial markets, and assisting with trade execution and reporting. They often use quantitative and analytical skills to help identify trading opportunities and manage risk. Trading interns may also work with software tools, prepare research reports, and participate in team meetings to gain exposure to the fast-paced trading environment. This role is designed to provide hands-on experience and insight into the operations of a trading desk.

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

Trading Interns often face the challenge of quickly adapting to a fast-paced, high-pressure environment where decisions and market movements happen rapidly. They may also need to learn complex trading systems and financial instruments in a short period. To overcome these challenges, it's important to actively seek feedback, stay organized, and communicate regularly with mentors and colleagues. Proactive learning and staying current with market trends will also help interns build confidence and excel in their role.

What are the key skills and qualifications needed to thrive as a trading intern, and why are they important?

To thrive as a Trading Intern, you need strong quantitative skills, attention to detail, and a background in finance, economics, mathematics, or a related field. Familiarity with trading platforms, Excel, programming languages like Python or R, and sometimes Bloomberg Terminal or Reuters Eikon is typically expected. Effective communication, problem-solving abilities, and the capacity to work well under pressure help you stand out in this fast-paced environment. These skills are crucial for analyzing market data, executing trades accurately, and contributing to the team's overall success.

What is the difference between Trading Intern vs Trading Analyst?

AspectTrading InternTrading Analyst
Required CredentialsTypically pursuing or recent graduate, some finance or trading courseworkBachelor's degree in finance, economics, or related field; often with some internship experience
Work EnvironmentEntry-level, supervised, learning-focused, often in trading floors or financial firmsMore independent, analytical, involved in decision-making processes
Employer & Industry UsageInternship programs in investment banks, trading firms, asset managersFull-time roles in trading desks, hedge funds, investment firms

While both roles involve understanding financial markets, a Trading Intern is typically an entry-level position aimed at gaining experience, whereas a Trading Analyst is a more advanced, full-time role focused on analyzing market data and supporting trading decisions.

What are the most commonly searched types of Trading jobs in Illinois?

The most popular types of Trading jobs in Illinois are:

What cities in Illinois are hiring for Trading Intern jobs?

Cities in Illinois with the most Trading Intern job openings:

Infographic showing various Trading Intern job openings in Illinois as of August 2026, with employment types broken down into 18% Internship, 1% As Needed, 57% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $47,603 per year, or $22.9 per hour.

Quantitative Trading Intern

Scalp Trade LLC

Chicago, IL โ€ข On-site

$76 - $92/hr

Other

Posted 18 days ago


Job description

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.

Quantitative Trading Intern

Intern Chicago, IL, US

8 days ago Requisition ID: 1008

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. Weโ€™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 fullโ€‘time traders to develop new and optimize existing trading strategies. This internship is a fully immersive program.

SCALPโ€™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 wellโ€‘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 problemโ€‘solving and can endure a fastโ€‘paced environment. We embrace individuals with grit, selfโ€‘motivation, and those with the desire to experience and tackle the most difficult obstacles.

Requirements:
  • 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 oneโ€™s knowledge and abilities
Compensation:

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

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