Discretionary Trading Internship

    Gelber Group LLC logo

    Gelber Group LLC

    201-500 employeesFounded 1982Chicago, ILInvestment Management
    Actively hiringPaidSummer 2027Investment Management
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    Best applied by Oct 10

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    About the role#

    Gelber Group is offering a 10-week summer internship for students and recent graduates interested in discretionary trading. You will start with an educational program covering liquid capital markets and the tools used to engage them. Following this, you will sit on a trading desk with full-time traders to gain hands-on experience. This program focuses on evaluating candidates for potential full-time employment by teaching the skills necessary to succeed in a macro trading environment.

    What you'll do#

    • Participate in education covering the basics of liquid capital markets.
    • Develop and execute a rates-first macro trading process.
    • Build a foundational understanding of asset classes, macroeconomic fundamentals, technical analysis, and risk management.
    • Pitch trade ideas on a weekly basis and receive feedback on your execution and quality.
    • Participate in a multi-week simulated trading experience.
    • Submit daily and weekly reflections to track your progress.
    • Work directly with full-time traders on a desk.

    What you'll need#

    • Current undergraduate status as a rising junior or senior, or recent graduation.
    • Strong mathematical aptitude and superior analytical skills.
    • Curiosity, self-motivation, and an interest in financial markets.
    • Ability to learn, understand, and apply new concepts quickly.
    • Excellent problem-solving and communication skills.
    • Ability to collaborate effectively with others.
    • Demonstrated interest in economics or a related field through coursework or extracurriculars.

    Location & details#

    • Location: Chicago, Illinois.
    • Term: Summer 2027 (June through early August).
    • Modality: On-site.
    • Employment type: Full-time temporary role.
    • Compensation: $35 per hour.
    • Note: This position does not offer visa sponsorship.

    About Gelber Group LLC

    Gelber Group LLC is a proprietary trading firm based in Chicago. Founded in 1982, the company operates as a privately held entity with offices in Chicago, White Plains, and Amsterdam. The firm trades across international and domestic exchanges, focusing on asset classes like equities, commodities, fixed income, and foreign exchange. It employs between 201 and 500 people.

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