--- title: 'Quantitative Trader at Virtu Financial' canonical: 'https://feeny.ai/job/quantitative-trader-virtu-financial-chicago-bm07ftadfm2w' type: 'job' last_seen: '2026-09-08' --- # Quantitative Trader at Virtu Financial - **Company:** Virtu Financial - **Location:** Chicago, IL - **Posted:** 2020-02-04 - **Last confirmed live:** 2026-09-08 - **Apply:** https://job-boards.greenhouse.io/virtu/jobs/4326632002 ## Job description Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide ## THE ROLE Our Quantitative Traders are responsible for the design, operation, and improvement of high‐performance algorithmic trading strategies deployed on electronic trading venues around the world. During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the intricacies of each step of the trade flow process, eventually integrating into strategy deployment and operation. This team also has the opportunity to work closely with software engineers to enhance and further develop the firm’s trading strategies. Quantitative Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market micro structure and the driving forces behind liquidity. This is a great opportunity for the right candidate to kick start a career in the financial technology space. ## THE CANDIDATE - Excellent academic background. Hard sciences preferred - physics, chemistry, engineering or math, statistics - Outstanding quantitative problem‐solving skills and mathematical aptitude. - Programming experience is required  (Python, SQL, Java or C++ are a plus). - The ability to communicate information precisely and with agility. - A physicalizer; a person who identifies issues and creates solutions without rigid direction or fanfare. - Highly motivated and tenacious individual, with a proven ability to take initiative and work independently and within a team. - Team player: authentic, genuine person who is capable of working collective goals. - Prior experience with trading, strategy games or poker, is helpful but not required. - No finance background is necessary. ## THE PROCESS After applicants pass an initial resume screening, an online test will be sent via email. This test is from a service called Hackerrank so please be on the lookout. After passing the OA, we will contact you to arrange a phone screen. We looking forward to meeting you! Salary Range: $150,000 - $200,000 (salary range is exclusive of bonuses, benefits or other categories of compensation. See our [careers page](https://www.virtu.com/careers/) for more information) Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. ## About Virtu Financial ## Company Overview - **One-liner**: Virtu Financial is a leading global market maker and financial technology firm that provides liquidity, execution, analytics, and workflow solutions to the world’s financial markets. - **Entity Type**: Public (NYSE: VIRT) - **Headquarters**: New York, NY, United States - **Founded**: 2008 - **Founders**: Vincent Viola ## Core Business - **Primary Industry**: Financial Services / Financial Technology (Market Making, Trading, Analytics) - **Target Customers**: B2B – Institutional asset managers, broker-dealers, hedge funds, banks, and other financial intermediaries. - **Mission/Purpose**: To use technology to create more efficient, transparent markets and provide clients with innovative, transparent trading solutions. ## Products & Services - **Market Making**: Provides competitive bids and offers in over 25,000 securities across 235+ venues in 37 countries, acting as a liquidity provider to create more efficient markets. - **Triton EMS**: A global, broker-neutral, multi-asset execution management system that combines Virtu’s liquidity, analytics, and workflow tools into a single interface. - **Open Technology Platform**: A data-as-a-service solution offering APIs and tools for clients to access Virtu’s market data and analytics. - **Trading Analytics & TCA**: End-to-end pre-trade, intra-trade, and post-trade analytics, including transaction cost analysis (TCA), outlier monitoring, and peer group data. - **POSIT Alert**: A global block liquidity indications network for institutional block trading. - **Execution Services**: Algorithmic trading, direct market access, and broker-neutral execution across equities, fixed income, FX, options, and commodities. - **Virtu Technology Solutions**: A newly launched offering (2025) that packages Virtu’s technology for external clients. ## Market Standing - **Valuation/Market Cap**: As a public company, market cap is publicly available on stock exchanges; specific figure not provided in search results. - **Key Metric (Revenue)**: Adjusted Net Trading Income of $2,145 million in 2025 (per 2025 Annual Report). - **Key Metric (Profitability)**: Adjusted EBITDA of $1,399 million; 65% adjusted EBITDA margin in 2025. - **Clients**: Over 2,000 clients, with 1,400+ active; 70% of the largest global institutional asset managers rely on Virtu’s TCA. - **Notable Investors/Partners**: Silver Lake Partners (minority investment); consortium for RFQ-hub expansion; partnerships with multiple exchanges and venues globally. - **Growth Signals**: Appointed Aaron Simons as CEO in 2025; launched Virtu Technology Solutions; expanded into new asset classes and markets (e.g., prediction markets, fixed income); named No. 1 Buyside Analytics Provider by Bloomberg; continued headcount growth across global offices. ## Competitive Advantages - **Scale and Liquidity**: One of the largest market makers globally, trading in over 25,000 securities across 235 venues in 37 countries. - **Proprietary Technology**: Cutting-edge, low-latency trading infrastructure and analytics platform that is core to all operations. - **High Margins and Efficiency**: 65% adjusted EBITDA margin demonstrates operational discipline and technological leverage. - **Integrated Multi-Asset Platform**: Clients can access execution, analytics, data, and workflow tools in a single, broker-neutral environment. - **Industry Recognition**: Consistently wins awards (e.g., TCA Provider of the Year, Best Market Access) and is a trusted partner to major institutions. ## Strategic Focus - **Technology Investment**: Continuing to invest in world-class trading infrastructure and new technological advancements. - **Expansion**: Growing into new asset classes (e.g., fixed income, options, prediction markets) and geographies (e.g., Asia-Pacific, Europe). - **Client Solutions**: Deepening client relationships by expanding the suite of analytics, data, and execution services. - **Operational Excellence**: Maintaining financial discipline and a culture of continuous improvement. ## Why Work Here - **Culture**: Described as a blend of the creativity and speed of a tech startup with the stability and discipline of a financial services firm. Flat, supportive team culture where the brightest ideas win. - **Work Environment**: Hybrid/office-based depending on role; global offices in New York, Austin, Boston, Chicago, London, Dublin, Singapore, Hong Kong, Sydney, and more. - **Teams**: Quantitative researchers, software developers, quantitative traders, sales/product specialists, and support teams. Developers work on cutting-edge low-latency systems, machine learning, and high-performance applications. - **Perks & Development**: 10-week internship program with global training; opportunities to make a real impact on the bottom line; Give Back program with 10,000+ volunteer hours since 2013. - **Diversity & Inclusion**: VirtuCARES initiative focused on community, awareness, respect, education, and service. ## Sources 1. [Virtu Financial – Official Website](https://www.virtu.com/) 2. [Virtu Financial – Careers Page](https://www.virtu.com/careers/) 3. [Virtu Financial – Greenhouse Job Board](http://job-boards.greenhouse.io/virtu) 4. [Virtu Financial – 2025 Annual Report (SEC Filing)](https://www.sec.gov/Archives/edgar/data/1592386/000110465926051785/tm2612843d2_ars.pdf) 5. 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