Working at Belvedere Trading | Glassdoor

Belvedere Trading Overview

Chicago, IL
51 to 200 employees
Company - Private
Venture Capital & Private Equity
Unknown / Non-Applicable
Founded in 2002, Belvedere Trading is a leading proprietary trading firm that specializes in equity index and commodity derivatives. Belvedere Trading’s employees act as market makers, ensuring liquidity by laying two-sided markets to help provide an orderly market ... Read more

Mission: In today’s global market economy, those who most effectively meld technology with a passion for trading are those who will find success in identifying and capturing opportunities.

Company Updates

  • Partnering with Best Companies Group, Crain’s surveyed 8,800 employees at Chicago-based companies to find the top places to work in the city. Belvedere Trading team members shared what they love about their workplace – from benefits to career path to culture! We are pleased to make the top 100! #TeamBelvedere #CrainsBest

  • Developing world-class trading software quickly is a struggle, but spending additional time up front to focus on design can save a lot of time in the long run. Read how Belvedere Trading’s Collin Jackson tackled this problem, and learn a little about electronic order placement in our newest blog post!

    Good Design: A Stitch In Time

    Back in the summer of 2015, I interned at Belvedere and assisted with our initiative to deprecate dependencies on third party software by building new electronic order entry applications into Belvedere's in-house proprietary software. These electronic order entry platforms are known internally as Ex

See AllSee All

Belvedere Trading – Why Work For Us?


In March of 2002, Belvedere Trading emerged as Chicago’s newest market makers, soon to join the ranks of the Windy City’s elite proprietary trading firms. Armed with printouts of Excel workbooks and a team of eager minds, Belvedere established their place in the SPX pit on the floor of the Chicago Board Options Exchange.

From the beginning, we began iteratively investing in our proprietary technology, first building our options model, then adapting it to work on a handheld computer, then committing to building our software systems from the ground up. Due to our ultramodern proprietary technology and risk management capabilities, Belvedere is able to quickly capitalize on inefficiencies in the marketplace. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry.

Belvedere Trading’s success and rapid growth are the direct results of our market experience, commitment to our mission and values, and relentless focus on the training and development of our team members. We attract an amazing caliber of diverse people; our team is comprised of over 200 individuals and we are actively expanding year over year.

Since our inception, Team Belvedere has enjoyed low turnover and high referral rates due to our distinctive working atmosphere, well defined company culture, and high levels of entrepreneurship and empowerment. Our aggressive drive for efficiency, unique trading techniques, use of cutting edge technology, and most importantly, talented people, make us confident of our continued growth and success. Belvedere Trading continually looks forward to further expansion and facing the opportunities and challenges that the evolving financial markets will bring.


Our Mission Statement

To invest in the continuous improvement of our skills and technologies in order to identify and capitalize on trading opportunities in an ever-changing global marketplace.

Our Organizational Values

As we have grown and advanced, we have learned how meaningful Core Values are to us, both as a firm and as individuals. Our Core Values are important to us because they support our unified vision, shape our culture and truly reflect what we value. Our Core Values are the essence of our identity and we appreciate each and every employee for their exemplification of these values.

Team Belvedere

  • Compete and succeed at the highest level
  • Make those around you better
  • Be the best teammate

Me In Team

  • Share individually in the success of the company
  • Expect merit-based responsibilities
  • Balance high expectations with a fun work environment

Own It

  • Act like an owner
  • Drive initiatives to make Belvedere unparalleled
  • Contribute outside of your role

Iterative Innovation

  • Evolve to survive and thrive
  • Deliver value consistently
  • Dream big and be willing to fail

Passionate Discourse 

  • Debate for a collective purpose and the best solutions
  • Speak directly and openly with compassion
  • Tell us what pis*es you off (you’ll feel better)


Our employees are competitive and entrepreneurial individuals who demonstrate a passion for learning and development across multiple trading and technology disciplines.  Intellectual curiosity drives Team Belvedere to think strategically in creating the business solutions that help the firm achieve optimal results.  We believe that great ideas can come from anywhere and anyone so we encourage all of our employees to take a passionate interest in promoting, within the team environment, those solutions they feel strongly about.  Through this open exchange of ideas, experienced and novice team members alike grow professionally.

Belvedere employees work hard, and are appreciated first and foremost for their contributions to the firm and each other.  We believe in the absence of barriers to communication and the maintenance of our small company culture. In order to further cultivate camaraderie and teamwork within the firm, we have a casual dress code, host company-wide social events, support various charities throughout the year, and encourage all teammates to participate in building a culture that represents them and their interests. These are just a few of the many reasons Belvedere was rated as one of the Top 25 Best Places to Work for Recent Grads by Symplicity in both 2016 and 2017 as well as one of Built In Chicago's Top 100 Digital Tech Companies!

Our team members are competitive and entrepreneurial individuals who demonstrate a passion for learning and development across multiple trading and technology disciplines. It is with the entrepreneurial contributions of Team Belvedere that we are able to develop world class education programs, provide informational shadowing experiences for the next generation of traders and developers, meaningfully contribute to the open-source community, and act as thought-leaders in the industry. And that's only the beginning. 

Because of our commitment to the ongoing development of Team Belvedere, and to ensure our team members are continually learning about the most innovative technologies and trading strategies, Belvedere Trading has created Belvedere Trading University, more simply known as BTU.

BTU Mission Statement

To provide a structured curriculum to educate new team members and facilitate continuous learning for team members of ALL tenures, experience levels, and ability.

Get a jump start on your industry knowledge by checking out our recommended reading.

Belvedere Trading Reviews

Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Thomas Hutchinson
15 Ratings
  • "Been a Blast"

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Positive Outlook
    Approves of CEO

    I have been working at Belvedere Trading full-time (More than a year)


    Belvedere Trading has been a blast from the moment I started. The culture is outstanding, especially coming from other companies where they aren't as invested in their employees. I truly feel like the higher ups care about their employees, and they provide you reason to invest into the company by making you feel valued.

    In an age where people play the hop scotch game from company to company, I can see my self trying to stay and Belvedere for as long as I possibly can.


    Development resources can sometimes be a bit limited.

    Advice to Management

    Keep it up!

See All 40 Reviews

Belvedere Trading Photos

Belvedere Trading photo of: Ready for dinner, Bahamas style!
Belvedere Trading photo of: Quants vs. Hybrids!
Belvedere Trading photo of: Team building at Whirlyball
Belvedere Trading photo of: Our Hybrid + Quant team
Belvedere Trading photo of: No boring team building here! Our Ops team decided to try their hand at axe throwing!
Belvedere Trading photo of: Wrapping gifts for Children's Home + Aid
See All PhotosSee All

Belvedere Trading Interviews



Getting an Interview

Getting an Interview





    Quality Assurance Analyst Interview

    Anonymous Employee in Chicago, IL
    Accepted Offer
    Positive Experience
    Easy Interview


    I applied online. The process took 2 weeks. I interviewed at Belvedere Trading (Chicago, IL) in April 2018.


    The interview process was very streamlined and relaxed. I was asked to complete an online questionnaire and was invited to a phone screening shortly after. The interview was a mix of my resume and experience as well as a couple of logic questions. I was invited in to the office for a final interview which consisted of an individual project, a group project, and a 1-1 with two members of the QA team. Overall, one of most relaxed interviews I’ve done and great team. Everyone was friendly and helpful throughout the four hour day.

    Interview Questions

    • Why do you want to work at Belvedere?   1 Answer
See All 112 Interviews

Belvedere Trading Awards & Accolades

  • Top 25 Best Places to Work for Recent Grads, Symplicity, 2016
  • Top 25 Best Places to Work for Recent Grads, Symplicity, 2017
  • The Top 100 Digital Tech Companies in Chicago, Built in Chicago, 2017
  • Top 20 Places to Work, Crain's Chicago Business, 2011
See More

Work at Belvedere Trading? Share Your Experiences

Belvedere Trading
  • Star
  • Star
  • Star
  • Star
  • Star
Click to Rate