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Gelber Group – Summer 2026 Algorithmic Trading Internship
Gelber Group -- Passion for Trading. Powered by Technology.
Headquartered in Chicago with offices across the United States and Europe, Gelber has set the bar as one of the industry’s innovative and enduring proprietary trading firms for more than 40 years. Our collaborative and entrepreneurial culture empowers each member of our team to have a meaningful impact from the start. We pride ourselves on a flat organizational structure and focus on meritocracy. If you flourish in a fast-paced environment, have a strong work ethic, and a competitive attitude, Gelber is right for you.
As an Algorithmic Trading Intern at Gelber Group, you will begin your 10-week internship with an education portion covering basics of liquid capital markets, the various ways in which Gelber engages these markets, and the tools and technology that link us to the markets. Once you have a grasp on these concepts you will be assigned directly to an Algorithmic Trading desk to work closely with those Traders and the Head of the Desk.
This internship will begin in June 2026 and last until August 2026. We are considering recent graduates or candidates that are graduating between December 2026 and August 2027.
Position Overview
We are seeking highly motivated individuals to participate in a summer program in which they will plan and execute a research project relevant to Gelber’s trading strategies. Our primary goal in the internship is to evaluate candidates for full-time employment. As a result, our interests are best served by teaching you the necessary skills to demonstrate your talent and by giving you difficult and interesting problems to solve.
What You’ll Do
- Experience hands-on learning and have immediate exposure to senior leaders within the trading industry
- Gain a thorough understanding of the financial markets through a robust program that will be intensive, challenging, and fun!
- Classroom portion will be tailored to the topic areas that are useful for the project and the class’s preexisting experience
- Topics may include market microstructure, product features, and quantitative analysis
- Engage in strategic games to hone your skills in evaluating risks
- Collaborate directly with an Algorithmic Desk, tackling real-world problems relevant to the current market environment and industry
- Take ownership of a research project designed by quantitative traders to address critical questions in trading
- Guided by experienced traders, you will navigate the research process and showcase your analytical expertise
- Develop an understanding of the various trading strategies we trade within Gelber to facilitate your career advancement
Goals
- Be able to construct a strong research process
- Develop significant knowledge of quantitative research and the concepts that govern trading and markets
- Determine if this is the career you want to pursue
Qualifications
- Curiosity, self-motivation, strong communication skills, and an ability to collaborate with others in a competitive environment
- Excellent problem-solving skills and ability to learn, understand, and apply new concepts
- Programming experience with C#, Java, Python, or C++
- Making progress towards a bachelor's, master’s, or PhD in a STEM field as a Junior or higher in standing
- Interest in financial markets is a must, but prior market experience is not required
The approximate hourly rate for this position in Chicago, IL is $50/hr. This is a temporary role and is not eligible for employee benefits.
Why Intern at Gelber?
- Brand new office in the heart of Chicago’s River North neighborhood, attached to the Merchandise Mart and “EL” stop and a short walk from both Ogilvie and Union Train Stations
- Comprehensive 10-week program, running from June to August 2026
- Catered lunch provided Tuesday, Wednesday, & Thursdays and stocked pantry daily
- Social events and work/life balance that will allow you time to enjoy the Chicago summer
- Office amenities including a golf simulator, pool table, and company paid on-site gym
- Casual, relaxed dress code
- Comprehensive benefits package available for full-time employees
If you are based in California, we encourage you to read the Gelber Privacy Notice for California Employees and Applicants, linked here.
Gelber Group Chicago, Illinois, USA Office
350 North Orleans Street, Suite S10000, Chicago, IL, United States, 60654
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