---
title: 'Senior Quantitative Researcher - Interest Rates at TransMarket Group'
canonical: 'https://feeny.ai/job/senior-quantitative-researcher-interest-rates-transmarket-group-chicago-illinois-qdr2csnq7bc9'
type: 'job'
last_seen: '2026-09-04'
---

# Senior Quantitative Researcher - Interest Rates at TransMarket Group

- **Company:** TransMarket Group
- **Location:** Chicago Illinois, United States
- **Posted:** 2026-06-02
- **Last confirmed live:** 2026-09-04
- **Apply:** https://job-boards.greenhouse.io/transmarketgroup/jobs/5151557007?gh_jid=5151557007

## Job description

## Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

TMG is seeking an Experienced Mid-Frequency Quantitative Researcher / Trader with a track record of success to lead an entrepreneurial initiative in this area at the firm.

## Responsibilities

- Research and develop predictive features and signals for mid and high frequency trading
- Design and maintain robust frameworks for signal evaluation, including backtesting and performance diagnostics.
- Continuously monitor and refine features and signals to adapt to evolving market dynamics, ensuring feature and signal robustness across regimes and conditions.
- Monitor and analyze the performance of signals post-production, identifying degradation and opportunities for refinement.

## Requirements

- Breadth and depth in mathematical background
- Passion and experience in feature engineering, signal generation, and building robust predictive models
- 3+ years experience as a quantitative researcher with specific experience in the Interest Rate space
- Bachelor's, Master's, or Doctorate in technical field

## Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class [benefits](https://www.transmarketgroup.com/benefits) for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.

## About TransMarket Group

## Company Overview
- **One-liner**: TransMarket Group (TMG) is a privately held global proprietary trading firm that uses next‑generation technology to capture opportunities and manage risk across financial markets worldwide.
- **Entity Type**: Private (profitable, bootstrapped – no external funding rounds disclosed)
- **Headquarters**: Chicago, Illinois, United States
- **Founded**: 1980 (originally as Aardvark Financial)
- **Founders**: Not publicly disclosed

## Core Business
- **Primary industry**: Capital Markets – proprietary trading (futures, options, fixed income, commodities, treasuries, foreign exchange, and other derivatives)
- **Target customers**: TMG trades for its own account, not for external clients; it serves as a liquidity provider in global markets.
- **Mission / Purpose**: “To bless others through the services we provide and through generous stewardship of the wealth we create.” [transmarketgroup.com](https://www.transmarketgroup.com/about)

## Products & Services
TMG does not sell a product or service to external customers. Its core activity is **proprietary trading** across multiple asset classes:
- **Futures & Options** – equities, interest rates, commodities, energy, precious metals
- **Fixed Income** – government bonds, corporate bonds, treasuries
- **Commodities** – natural gas, industrial metals, precious metals
- **Electronic & High‑Frequency Trading** – algorithmic execution across global exchanges

## Market Standing
- **Valuation / Market Cap**: Not disclosed (privately held)
- **Key Metric**: Annual revenue estimated at **$29.2 million** (LinkedIn data, may be incomplete as private firm)
- **Notable Investors / Partners**: None – TMG is self‑funded and has no external investors or strategic partners publicly listed.
- **Growth Signals**: 
  - Operating for over 40 years; described as “well‑established and profitable” yet with startup‑like growth potential.
  - Office locations in Chicago, Puerto Rico, and Switzerland.
  - Employee headcount of ~110 (0.5% YoY growth) with presence in 10 countries.
  - Traffic to company website grew +42.3% month‑over‑month and +19.1% year‑over‑year.

## Competitive Advantages
- **Longevity & Stability**: In business since 1980, TMG is a respected member of the global financial system with decades of risk‑management expertise.
- **Entrepreneurial Culture**: Despite being profitable and established, the firm operates like a startup – team members have significant autonomy and impact.
- **Technology‑First Approach**: Heavy use of modern tech stack (Python, Linux, Docker, PostgreSQL, Kubernetes, etc.) for algorithmic trading and infrastructure.
- **Generous Profit Sharing**: One of the most generous profit‑sharing programs in the industry, directly tying employee compensation to firm success.

## Strategic Focus
- Continue to develop and enhance proprietary trading strategies across new and existing markets.
- Expand into additional asset classes and geographies while maintaining disciplined risk management.
- Recruit top quantitative and technical talent to drive innovation and capture “one order of magnitude greater” potential.

## Why Work Here
- **Culture**: Collaborative, high‑impact environment where “every team member has a tremendous opportunity to make an impact.” Emphasis on continuous learning and improvement.
- **Compensation & Benefits**: 
  - Industry‑leading profit sharing.
  - 95% healthcare premiums covered for eligible employees and family members.
  - Company‑contributed Health Savings Account, 401k/Roth 401k, life insurance.
  - Daily catered meals, casual dress code, generous continuing education stipend.
  - Flexible, generous vacation policy and regular team outings.
- **Work Policy**: Fully onsite in Chicago (no remote work). Onsite presence required for all roles.
- **Engineering Culture**: Tech stack includes Python, C, Java, Linux, Docker, PostgreSQL, MongoDB, Grafana, Git, and more. Quantitative and software engineers work closely with traders.
- **Employee Ratings**: 4.8/5 on LinkedIn (101 reviews), with high marks for culture (4.6), compensation (4.5), and career development (4.8).

## Sources
1. [transmarketgroup.com – About](https://www.transmarketgroup.com/about)
2. [transmarketgroup.com – Careers](https://www.transmarketgroup.com/careers)
3. [transmarketgroup.com – Benefits](https://www.transmarketgroup.com/benefits)
4. [LinkedIn – TransMarket Group](https://www.linkedin.com/company/transmarket-group)

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