Quant jobs in Chicago

Chicago is the home of US options market making, and Illinois requires pay on job postings, so its listings carry real numbers. Every firm below has quant listings in Chicago.

8 of 18 ranked programs match · Last verified November 11, 2026 · See the full Quant List →

Hudson River Trading is an automated trading firm that folds quant research and trading into one role, the Algorithm Developer, alongside a large software engineering org working in C++ and Python. Both 2027 graduate listings — Algorithm Developer and Software Engineer — post a $300,000 US base, and the interview process is coding-heavy for both tracks.

Base salary

$300k

Locations

New York · Chicago · Austin

Work setup

In office; the US graduate listings name New York, with software roles also in Chicago and Austin

Who they hire

Bachelor’s through PhD in computer science, math, physics or a similar field. The Algorithm Developer listings ask for programming and statistics; the listings say knowledge of trading or financial markets is not required.

Applications

2027 graduate and summer 2027 internship listings were posted July 13, 2026 and are still live

Worth knowing: HRT has no separate trader title. The Algorithm Developer role covers research and trading, so a candidate who would apply to “quant trader” and “quant researcher” elsewhere applies to one listing here.

Open: Algorithm Developer and Software Engineer listings for 2027 graduates, summer 2027 internships for both tracks, and more than 30 experienced engineering reqs in the US, as of Nov 11, 2026

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Salary band, hiring status & score breakdown — see the full Hudson River Trading Quant page →

Jump Trading is a Chicago-headquartered proprietary trading firm built around small, independent trading teams. Its campus program hires quantitative traders, quantitative researchers and software engineers through internships, plus AI research engineers for its deep-learning effort, and it sponsors work visas for full-time campus roles.

Base salary

$200k–$300k

Locations

Chicago · New York

Work setup

In office in Chicago or New York

Who they hire

Undergraduate through PhD and postdoc. The internship listings say no finance or economics background is required, and international students are encouraged to apply.

Applications

Campus internship listings for summer 2027 were posted July 8, 2026; the full-time PhD researcher listing followed on Sept 22, 2026

Worth knowing: Jump’s only campus trading listing is the internship. There is no standalone new-grad Quantitative Trader req, so the summer is the way in.

Open: summer 2027 internships for Quantitative Trader, Quantitative Researcher (UG/MS and PhD) and Software Engineer, full-time campus listings for PhD researchers, AI research engineers and systems engineers, and experienced software and research reqs, as of Nov 11, 2026. No full-time campus Quantitative Trader listing is live

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full Jump Trading Quant page →

IMC is a global market maker founded in Amsterdam, with its US headquarters in Chicago and a growing New York office. Traders, researchers and engineers work on the same desks, and the graduate program posts a single base figure per role. Its New York deep-learning research roles post the highest campus figure at the firm.

Base salary

$200k–$300k

Locations

Chicago · New York

Work setup

In office in Chicago or New York

Who they hire

Bachelor’s through PhD. Graduate researcher listings are split by degree (BS/MS and PhD). The software internship listing states that immigration sponsorship is not offered for that role.

Applications

Graduate and summer 2027 internship listings were posted July 1, 2026; the Early Career software listing followed on Sept 30, 2026

Worth knowing: IMC is one of the few firms that posts a single number rather than a range on campus roles: $250,000 for a graduate researcher, $200,000 for a graduate engineer.

Open: graduate Quantitative Researcher and Deep Learning Researcher listings, Software Engineer, Early Career, summer 2027 internships in trading, research and software, and 21 experienced engineering reqs in the US, as of Nov 11, 2026. No graduate Quantitative Trader listing is live; the trading internship is

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full IMC Trading Quant page →

Point72 is a multistrategy hedge fund headquartered in Stamford, Connecticut. Cubist Systematic Strategies is its computer-driven trading business, and most of the firm’s quant hiring runs through it: entry-level and experienced quant researchers and developers, summer internships, and a rotational Cubist Quant Academy for STEM graduates.

Base salary

$150k–$300k

Locations

New York · Chicago

Work setup

New York, Chicago, Stamford and Seattle; the listings do not say whether roles are hybrid

Who they hire

Entry-level researcher listings take bachelor’s through PhD; most research internships ask for master’s or PhD students, and Cubist’s KEPL internship for PhD candidates. Developer internships take undergraduates.

Applications

Summer 2027 research and developer internship listings are live, several updated in the first two weeks of November 2026

Worth knowing: Cubist’s PhD research internship for summer 2027 posts an annual base of $240,000–$300,000, and its own page counts more than 600 Cubist staff as of July 2026.

Open: Entry-Level Quantitative Researcher and early-career Quantitative Developer listings at Cubist, summer 2027 research, machine learning and developer internships, and experienced research and developer reqs, as of Nov 12, 2026. No US trader internship is posted

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full Point72 / Cubist Quant page →

Optiver is a global options market maker founded in Amsterdam, with US offices in Chicago, Austin and New York. Its graduate program is best known for its assessments, including a timed mental-arithmetic test, and for a structured training period for new traders. Every US listing that posts pay shows the same $200,000 base, with a discretionary bonus on top.

Base salary

$200k

Locations

Chicago · Austin · New York

Work setup

In office in Chicago, Austin or New York

Who they hire

Bachelor’s through PhD. The graduate researcher listing is PhD-only; trading and software graduate listings open on their own schedule and are not on the board now.

Applications

Graduate researcher and FPGA listings for a 2027 start were posted in July 2026; the New York researcher listing on Sept 23, 2026

Worth knowing: Optiver’s posted US base is identical for a PhD graduate researcher and an experienced systematic options trader: $200,000. The spread between people is entirely in the bonus.

Open: Graduate Quantitative Researcher, PhD (2027 Start) in Chicago, New York and Austin, Graduate FPGA Engineer, and experienced trading, research and software reqs, as of Nov 11, 2026. No graduate or intern Quantitative Trader or Software Engineer listing is live in the US; the only internship posted is FPGA Engineer

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full Optiver Quant page →

DRW is a Chicago-headquartered trading firm that spans market making, latency-sensitive strategies, options, and crypto through its Cumberland business. It hires researchers and traders desk by desk, which is why its board carries many separate quantitative researcher reqs rather than one generalist listing.

Base salary

$225k–$300k

Locations

Chicago · New York

Work setup

In office, mostly in Chicago, with research roles also in New York

Who they hire

Bachelor’s through PhD in math, statistics, physics, engineering or computer science. Desk-specific researcher reqs ask for experience; the July campus-cycle listings do not.

Applications

Campus-cycle Quantitative Researcher, Software Developer and internship listings were posted July 13, 2026

Worth knowing: DRW had a Quantitative Researcher – Prediction Markets req open on Nov 11, 2026 at $200,000–$300,000, one of several prediction-market roles that appeared across this list in 2026.

Open: Quantitative Researcher and Software Developer listings from the July 2026 campus cycle, internships in trading, research and software, nine other researcher reqs and more than 50 engineering reqs in the US, as of Nov 11, 2026

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full DRW Quant page →

Tower Research Capital is a New York high-frequency trading firm organised as a set of independent trading teams on shared infrastructure. Its campus listing combines trading and research into one Quantitative Trader/Researcher role, with separate quantitative developer internships.

Base salary

$150k–$250k

Locations

New York · Chicago

Work setup

In office in New York or Chicago

Who they hire

Bachelor’s through PhD; the campus listing asks for programming in Python or C++ and statistical modelling. A separate PhD trading internship is posted.

Applications

The 2027 full-time and summer 2027 internship listings were posted July 5, 2026

Worth knowing: Tower posts intern pay as a weekly range, $3,500–$5,700, rather than the annualized figure most firms on this list use.

Open: Quantitative Trader/Researcher – 2027, summer 2027 internships for trader/researcher (including a PhD track) and quantitative developer, and experienced research and software reqs, as of Nov 11, 2026

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full Tower Research Capital Quant page →

Akuna Capital is an options market-making firm headquartered in Chicago. It runs junior full-time listings for traders, quantitative researchers and quantitative developers alongside internships, and it is one of the more accessible entry points on this list for candidates without a top-firm internship.

Base salary

From $145k

Locations

Chicago

Work setup

In office in Chicago

Who they hire

Bachelor’s and up. The junior listings are aimed at new graduates and candidates with a year or two of experience.

Applications

Junior full-time and summer 2027 internship listings were posted July 13, 2026

Worth knowing: Akuna is replacing its traditional trading summer internship in 2027 with “Sneak Peek Weeks”: one-week micro-internships run several times through the year, which it says will let it host more trading interns.

Open: Junior Trader, Junior Quantitative Researcher and Junior Quantitative Developer & Strategist, summer 2027 internships in quantitative research and platform engineering, expressions of interest for the 2027 Trading Sneak Peek Weeks, and experienced options trading and C++ reqs, as of Nov 11, 2026

Prep with Aced View open roles

Salary band, hiring status & score breakdown — see the full Akuna Capital Quant page →

Common questions

Hudson River Trading, Jump Trading, IMC Trading, Point72 / Cubist, Optiver, DRW, Tower Research Capital and Akuna Capital have quant listings in Chicago. Jump Trading, DRW and Akuna are headquartered there, and IMC and Optiver run their US businesses from the city.

Posted Chicago figures: $300,000 annualized for Jump Trading’s trading and research interns; $250,000 for IMC graduate researchers and DRW trading interns; $225,000 for DRW graduate software developers; $200,000 at Optiver and for IMC early-career engineers; and a $145,000 minimum on Akuna’s junior listings.

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