Trader Trainee Program

Trader Training

At Belvedere Trading we make education a priority and ensure our Trader Trainees receive a thorough understanding of the fundamental concepts of the trading industry. Our education program enables Trader Trainees to interact with both our floor and electronic trading operations and capitalize on market making opportunities.

Through our extensive education program, our Trader Trainees:

  • Engage in rigorous classroom theory courses that introduce new trader Trainees to the basics of the trading industry
  • Participate in biweekly competitive mock trading sessions that simulate various market conditions and focus on the practical application of theoretical knowledge
  • Learn from experienced traders who serve as both course instructors and mentors
  • Gain first-hand knowledge of day to day affairs through observation and clerking

A core component of the Trader Trainee program is our Rotational Program, which exposes trading-side employees to the various markets in which we trade and allows them to gain a broad perspective of the industry in general. As the trader trainees move through the different desks, they acquire the necessary knowledge of the various marketplaces and gain firsthand experience with Belvedere’s unique trading models and software.

 

Mock Trading

Our Mock Trading program is a simulated marketplace that prepares Trader Trainees for our fast-paced trading environment by cultivating decision-making and critical thinking skills. Taught by Senior Traders, the Mock Trading program creates true-to-life trading scenarios where traders act as brokers and Trader Trainees trade orders and make markets. Trader Trainees compete to progress through more advanced levels of Mock Trading, depending on experience and individual performance. Upon completion of the program, Trader Trainees will be prepared for the expectations and responsibilities of real trading.

 

Advanced Training

Belvedere Trading believes that education should extend beyond an employee’s initial training period, therefore, we provide additional courses for continued personal development. We offer advanced theory classes for our more experienced traders as well as further enrichment opportunities for employees looking to enhance their skill set beyond their current position.

 

Rotational Training

Our rotational program exposes Trader Trainees to various equity indexes and commodity products in order to gain a broad perspective of the marketplace. We offer both full-time and summer intern programs that enable Trader Trainees to interact with both our floor and electronic trading operations and capitalize on market making opportunities.  The program is made possible with the help of our managing partners and senior traders who help train and educate via this rotational program. Additionally, Trader Trainees engage in option theory and mock trading classes which are taught by our senior traders, and focus on option valuation, trading, and risk management strategies.  Upon completion of the program, Trader Trainees will transition onto one of our products desks, but still be given the opportunity to rotate between products.