Chicago, IL·Founded 2002
Belvedere Trading
Options Market Making.
About
What Belvedere actually does
Belvedere Trading is a Chicago-based proprietary trading firm specializing in options market making. Known for their strong training program and collaborative culture, Belvedere focuses on derivatives trading with a technology-driven approach.
- Founded
- 2002
- HQ
- Chicago, IL
- Team
- 300+
- Process
- 2-4 weeks
Focus areas
Interview process · 2-4 weeks
Round-by-round breakdown
- 1
Online Assessment
45-60 minutesAssessment covering mental math, probability, and logical reasoning. Focus on speed and accuracy.
- Practice mental math extensively
- Review probability fundamentals
- Focus on speed and accuracy balance
- 2
Phone Interview
45 minutesTechnical interview with probability questions, brain teasers, and discussion of your background.
- Practice probability puzzles
- Prepare to explain your reasoning
- Show genuine interest in options
- 3
Onsite Interview
Half dayMultiple interviews covering technical skills, trading scenarios, and cultural fit. May include trading games.
- Understand basic options concepts
- Be prepared for trading simulations
- Show collaborative mindset
Roles & tracks
Pick the desk that fits
Junior Trader
Trade options as part of Belvedere's market making operation. Strong training program for new traders.
Quantitative Developer
Build trading systems and tools supporting options market making strategies.
Quantitative Researcher
Develop models for options pricing and trading strategy optimization.
Salary · 2026
What Belvedere pays
- Intern
- $3,000 - $4,000 per week
- New grad
- $150k - $250k+ total compensation
- Senior
- $300k - $600k+ total compensation
Belvedere offers competitive compensation with strong bonus potential. Known for investing in trader development and training.
See full comp datasetOpen roles
Currently hiring at Belvedere
Junior Trader
Quantitative Developer
Quantitative Researcher
Candidate experience
What candidates flag at Belvedere
2-4 weeks from OA to offer
3 rounds total. The first round is a 45-60 minutes online assessment; the final round is a half day onsite interview. Plan the prep arc against this timeline, not a generic one.
Options Market Making · Derivatives · Equity Options
Options Market Making. Interview rounds lean on the surface area where Belvedere actually makes money. Expect questions that probe options market making and derivatives more than generic LeetCode patterns.
Mental math is critical - practice daily
Across the prep tips on this page, the recurring theme is reasoning out loud. Belvedere interviewers care more about how you arrive at an answer than the answer itself. Plan to narrate.
Editorial summary derived from interview-process and prep-tip data. Anonymous member reviews launching with the /comp dataset.
Prep tips
What actually works for Belvedere
- Mental math is critical - practice daily
- Understand options basics (puts, calls, Greeks)
- Belvedere values collaborative team players
- Review probability and expected value concepts
- Research options market making specifically
- Show interest in derivatives and volatility
FAQ
