Making trades: 9 trading firms and technology companies changing the industry

by Alyssa Schroer
May 29, 2019

Technology has found its place in the finance industry, spawning fintech companies and changing the way the industry operates as a whole.  One area finally feeling the effects of tech is trading markets, though it is a regulated sector, new systems reliant on technology are becoming the norm in trading. Trading firms are evolving, using software and data to produce new strategies, fuel trade decisions and manage risk and compliance along the way. Check out the following tech-enabled trading firms operating in Chicago.

 

belvedere trading firms chicago
Belvedere Trading

Type: Proprietary Trading

Location: 10 S. Riverside Plaza

What they do: Belvedere Trading takes a team-based approach to trading, consistently rotating traders between products to provide more experience, more knowledge and broader, more diverse market perspectives. The firm deals in US and foreign indices, energies, grains, softs, metals and interest rates.

 

geneva trading firms chicago
Geneva Trading

Type: Principal Trading

Location: 190 S. LaSalle St.

What they do: Founded in Dublin in 1999, Geneva Trading quickly opened its Chicago office in 2000, getting a jump on global market expansion. Geneva places technology at the forefront of its operations, utilizing data science and its own proprietary software to enhance how the firm participates in worldwide markets.

 

optiver trading firms chicago
Optiver

Type: Market Maker

Location: 130 E. Randolph St.

What they do: Optiver is an electronic market maker, providing liquidity to markets with their own capital. Operating globally, the company combines technology and risk management to provide options, ETF’s and futures to investors. Optiver’s services make markets more efficient, transparent and competitive.

 

trading technologies trading firms chicago
Trading Technologies

Type: Trading Software

Location: 222 S. Riverside Plaza

What they do: Trading Technologies makes trading software, data and infrastructure solutions for modern professional traders. The platform helps traders execute futures, cryptocurrencies, options and other trades quickly and from anywhere. Their data solutions provide real-time market insights and access to information on every transaction.

 

akuna capital trading firms chicago
Akuna Capital

Type: Proprietary Trading

Location: 333 S. Wabash Ave.

What they do: Made up of a team of developers, quants and traders in the areas of options market making and quantitative trading, Akuna Capital is a young firm with tech and collaboration at its core. Founded in 2011, Akuna is one of the few non-established firms to provide liquidity as an options market maker, and currently trades in the US, Hong Kong and crypto markets.

 

chicago trading company trading firms chicago
Chicago Trading Company

Type: Proprietary Trading

Location: 425 S. Financial Pl.

What they do: Founded in 1995, Chicago Trading Company is a proprietary trading firm comprised of technologists, quants, operations professionals and, of course, traders. The firm works within the world’s most complex markets, constantly collaborating to innovate and solve problems.

 

cmg trading firms chicago
CMG

Type: Software for Capital Markets

Location: 332 S. Michigan Ave.

What they do: Capital Markets Gateway (CMG) creates financial technology solutions for professionals working in capital markets. The platform helps streamline workflows and combine important fragmented information that is often strewn across markets. Currently, more than 80 leading asset managers utilize CMG to manage over $10 trillion.

 

sterling trading tech trading firms chicago
Sterling Trading Tech

Type: Trading Software and Technology

Location: 225 W. Washington St.

What they do: Sterling offers multiple technologies like trading platforms, risk management and infrastructure to connect global trading networks. Sterling’s suite of products help multiple types of traders and market professionals compete effectively and compliantly. 

 

xr trading firms chicago
XR Trading

Type: Proprietary Trading

Location: 550 W. Jackson Blvd.

What they do: XR Trading is a market-making firm providing liquidity for a range of financial instruments and asset classes like energy, equity indexes, foreign exchange, metals, treasuries and agricultural products. Operating with nine trading teams, the firm works collaboratively and utilizes technology to solve problems and develop new trading strategies.

 

Jobs from companies in this blog20 open jobs
All Jobs
Finance
Data + Analytics
Design + UX
Dev + Engineer
HR
Legal
Operations
Project Mgmt
Sales
Developer
new
Optiver
Chicago
Design + UX
new
Belvedere Trading
Chicago
Developer
new
Belvedere Trading
Chicago
Operations
new
Optiver
Chicago
Developer
new
Belvedere Trading
Chicago
Finance
new
Optiver
Chicago
Sales
new
Optiver
Chicago
Data + Analytics
new
Optiver
Chicago
Project Mgmt
new
Trading Technologies
Chicago
Developer
new
Trading Technologies
Chicago
Data + Analytics
new
Optiver
Chicago
Developer
new
Optiver
Chicago
Operations
new
Trading Technologies
Chicago
HR
new
Trading Technologies
Chicago
Developer
new
Optiver
Chicago
Developer
new
Optiver
Chicago
Developer
new
Optiver
Chicago
Sales
new
Optiver
Chicago
Developer
new
Trading Technologies
Chicago

Chicago startup guides

LOCAL GUIDE
Best Companies to Work for in Chicago
LOCAL GUIDE
Best Software Engineer Jobs in Chicago
LOCAL GUIDE
Coolest Offices in Chicago Tech
LOCAL GUIDE
Best Sales Jobs in Chicago
LOCAL GUIDE
Best Perks at Chicago Tech Companies
LOCAL GUIDE
Your Guide to Healthtech in Chicago
LOCAL GUIDE
Best Data Scientist Jobs in Chicago
LOCAL GUIDE
Best Marketing Jobs in Chicago