--- title: 'Quantitative Researcher - Systematic at CTC Lateral - Website & LinkedIn' canonical: 'https://feeny.ai/job/quantitative-researcher-systematic-ctc-lateral-website-linkedin-chicago-dezekhnxppd5' type: 'job' last_seen: '2026-10-18' --- # Quantitative Researcher - Systematic at CTC Lateral - Website & LinkedIn - **Company:** CTC Lateral - Website & LinkedIn - **Location:** Chicago, IL / New York, NY - **Compensation:** $200k–$300k - **Posted:** 2025-05-14 - **Last confirmed live:** 2026-10-18 - **Apply:** https://job-boards.greenhouse.io/chicagotrading/jobs/4564801005 ## Job description Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making.  Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology.  For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. Quantitative research is a key driver of innovation at CTC and one of the pillars upon which our firm is built. We are seeking a Quantitative Researcher to partner with Trading and Technology to strengthen, scale, and evolve the firm's trading capabilities within one of the quant research teams. As a Quantitative Researcher, you will be embedded on a research desk, working close to the tip of the spear in a dynamic environment. This includes partnership with other researchers, traders and engineers on quantitative problem solving, trading strategy generation, back-testing, statistical analysis, and system design. Our environment of collaborative innovation and intellectual curiosity allows us to share in our victories while continually challenging ourselves to stretch the limits of our creativity. Take advantage of this opportunity to apply the scientific method to business problems as part of the Quant team at CTC! ## What You’ll Do - Analyze market data to come up with economic and microstructure hypotheses - Build predictive and explanatory models to describe financial markets - Add revenue by applying thorough research processes to real life business problems - Conduct independent, high quality research in quantitative finance - Communicate complex ideas and research results effectively, both in writing and verbally - Drive innovation and results through analytical prowess and business acumen ## What We’re Looking For - PhD in Science or Engineering fields (e.g. Statistics, Mathematics, Physics, Applied Mathematics, Operations Research, Electrical Engineering) strongly preferred - Minimum 5 years of experience as a Quantitative Researcher in a top systematic trading team - Demonstrable track record of generating positive PnL - Advanced programming skills and experience with the software development lifecycle - Proven ability to blend academic rigor with practical application in fast-paced trading environments - Unwavering commitment to quality, coupled with a drive for delivering commercial outcomes - Python skills including Numpy and Pandas libraries Nice to Haves - Experience with a wide variety of market and alternative data - Expertise in US options markets, options pricing models, volatility surfaces, and risk management techniques - Strong track record of publications in an industry setting ## Compensation The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance. Salary Range $200,000—$300,000 USD Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need. Our Benefits We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience. (Disclaimer: interns and contractors are not eligible for benefits at CTC) Our Commitment to Diversity, Equity and Inclusion At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at info@chicagotrading.com. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response. Use of Artificial Intelligence (AI) Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment. ## About CTC Lateral - Website & LinkedIn ## Company Overview - **One-liner**: Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making, providing critical liquidity across global derivatives exchanges through a collaborative culture of traders, quants, and technologists. - **Entity Type**: Private (Privately Held) - **Headquarters**: Chicago, Illinois, United States - **Founded**: 1995 - **Founders**: Not publicly available ## Core Business - **Primary industry**: Financial Services – Proprietary Trading, Options Market Making - **Target customers**: Exchange-traded derivatives markets (B2B, liquidity provider to exchanges) - **Mission or purpose statement**: “We do what’s right. The value we place on integrity impacts everything we do.” [chicagotrading.com](https://www.chicagotrading.com/) ## Products & Services - **Options Market Making**: CTC provides continuous two-sided markets in listed options across equities, fixed income, and commodities, using proprietary technology and quantitative research. - **Proprietary Trading**: The firm trades its own capital across a broad spectrum of asset classes. - **Quantitative Research & Technology**: In-house quant and engineering teams develop pricing models, systematic strategies, and a custom-built trading platform spanning infrastructure to application software. ## Market Standing - **Valuation**: Not disclosed (private company) - **Key Metric**: Annual Revenue ~$85M (LinkedIn estimate, 2026) [LinkedIn](https://www.linkedin.com/company/chicago-trading-company) - **Notable Investors/Partners**: Private ownership; partners include major global exchanges. Talent sources include Goldman Sachs, Citadel, Google, and Amazon. - **Growth Signals**: Headcount ~554 (+0.6% monthly, -0.4% yearly); 36 active job postings; LinkedIn followers growing +26.6% yearly; recent office expansion in Amsterdam and New York. ## Competitive Advantages - **Collaborative culture** integrating traders, quants, and technologists on a former trading floor – now a collaborative workspace. - **Proprietary technology platform** built entirely in-house, giving full control over performance and innovation. - **Long-standing reputation** (since 1995) and deep expertise in options market making across asset classes. - **Emphasis on integrity and humility** as core values, differentiating from many competitors in the trading space. ## Strategic Focus - Continued investment in technology and quantitative research to maintain a competitive edge. - Expansion into new asset classes and geographies (e.g., Amsterdam office, Asia hours trading). - Aggressive talent acquisition from top technology and finance firms (Goldman Sachs, Citadel, Google, etc.). ## Why Work Here - **Culture**: Collaborative, intellectually challenging environment with a flat hierarchy. Teams work together on tough problems, and the firm values creativity, ingenuity, and determination. [chicagotrading.com/careers](https://www.chicagotrading.com/careers) - **Benefits**: Free breakfast and lunch, onsite fitness center, 401(k) match and profit sharing, paid parental leave, backup childcare, professional development, matching gift program, medical/dental/vision. - **Work Model**: Primarily in-office (Chicago, New York, London, Amsterdam). No fully remote option given the collaborative trading-floor environment. - **Engineering Culture**: Tech team builds the core trading platform; high value placed on problem-solving and close integration with trading and quant teams. ## Sources 1. [chicagotrading.com](https://www.chicagotrading.com/) 2. [LinkedIn Company Page](https://www.linkedin.com/company/chicago-trading-company) 3. [CTC Careers](https://www.chicagotrading.com/careers) 4. [Greenhouse Careers Page](https://job-boards.greenhouse.io/chicagotrading) 5. [CTC About Page](https://www.chicagotrading.com/about) ## Other roles at CTC Lateral - Website & LinkedIn - [Trade Support Engineer](https://feeny.ai/job/trade-support-engineer-ctc-lateral-website-linkedin-london-z9cyvqtae13m) — London, United Kingdom - [Quant Developer - Research Engineering](https://feeny.ai/job/quant-developer-research-engineering-ctc-lateral-website-linkedin-chicago-hjrhe5kqj4rd) — Chicago, IL - [Senior Engineer - Data Ingestion](https://feeny.ai/job/senior-engineer-data-ingestion-ctc-lateral-website-linkedin-chicago-tqhrw2ccdp6q) — Chicago, IL - [AI Engineer](https://feeny.ai/job/ai-engineer-ctc-lateral-website-linkedin-chicago-24bhwvtn7agm) — Chicago, IL - [C++ Engineering Lead – Delta One](https://feeny.ai/job/c-engineering-lead-delta-one-ctc-lateral-website-linkedin-chicago-4adr4adnjqyv) — Chicago, IL - [Campus Relations & Events Associate](https://feeny.ai/job/campus-relations-events-associate-ctc-lateral-website-linkedin-chicago-1qw53r5w6n9y) — Chicago, IL - [Recruiting Coordinator](https://feeny.ai/job/recruiting-coordinator-ctc-lateral-website-linkedin-new-york-mq1xh0pps6y3) — New York, NY - [Payroll Analyst](https://feeny.ai/job/payroll-analyst-ctc-lateral-website-linkedin-chicago-prqj568wv7ry) — Chicago, IL - [Trade Support Engineer](https://feeny.ai/job/trade-support-engineer-ctc-lateral-website-linkedin-chicago-47vm8ttsde4c) — Chicago, IL - [Desk Developer](https://feeny.ai/job/desk-developer-ctc-lateral-website-linkedin-chicago-7nagk41f0367) — Chicago, IL / New York, NY