Working at Belvedere Trading | Glassdoor

Belvedere Trading Overview

Chicago, IL
201 to 500 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

  • WE'RE HIRING! New job opening for a Trading System Support Analyst, located in the Greater Chicago Area. Competitive salary and robust benefits package, for a self-starter who is eager to progress. Join Team Belvedere today! #jobopening #jobshiring #tradingsystem

    Join Our Team - Belvedere Trading

    Team Belvedere offers a competitive, comprehensive benefits package, semi-annual performance bonuses, a casual work environment, and the satisfaction of working in a team environment where job functions are shared and ever-changing. At Belvedere Trading, we encourage all team members to play an integral part in the creative process.

  • Last Saturday we welcomed our new hire class by bonding over shuffle board and pool at the Chicago Athletic Association! Let the team building begin! We can't wait to see you again in the fall! #TeamBelvedere #BelvedereTrading #ChicagoAthleticAssociation

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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

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Thomas Hutchinson
30 Ratings
  • Featured Review

    Helpful (7)

    "Entrepreneurial and empowering"

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

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


    I've been loving my experience at Belvedere so far. This company defines collaboration. The leadership truly gives you the autonomy and ownership to make an impact at the firm. Ideas are embraced and every employee has multiple avenues to share ideas and opinions.


    Nothing specific. With any dynamic company you have to be comfortable shifting gears quickly, however, that's what makes the work exciting and more impactful.

    Advice to Management

    Keep it up. These are leaders that care about their people and demonstrate what it means to be a team.

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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
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Belvedere Trading Interviews



Getting an Interview

Getting an Interview




  1. Helpful (5)  

    Software Engineer Interview

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


    I applied online. The process took 2 weeks. I interviewed at Belvedere Trading (Chicago, IL) in September 2014.


    Communications were smooth. First round was phone screen while coding on a Google Doc, final round was in-office (expenses paid for). Began with two written exams, then a couple rounds of behaviorals/technicals. The questions asked were all very interesting and fun to work on and the people there are incredibly smart/willing to help. Day concluded with a dinner with two team members which was a great way to learn more about the culture.

    Interview Questions

    • Building out (a watered down version of) one of the trading algorithms they use and trying to optimize it.   Answer Question
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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 100 Best Places to Work in Chicago, Crain's Chicago Business, 2018
  • Top 20 Places to Work, Crain's Chicago Business, 2011
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Pledges & Certifications

Diversity Commitment

Has programs that support a diverse and inclusive workforce

Pledge to Thrive

Taking steps to prioritize employee well-being

First Job Programs

Maintain entry-level hiring and career development programs to give people career starts

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