Chicago Trading Company Quant Trading Internship 2028 application guide

For
2028 summer analysts
Sources
14 cited

Applying for the Chicago Trading Company Quant Trading Internship for summer 2028? It is CTC's 8-week trading program at its Chicago headquarters. Check your resume below, then read when it opens, what the form asks and the aptitude test that follows.

A student at a window table in a quiet cafe on a gray winter morning, a closed laptop, a printed one-page resume, a pencil and a sheet of quick multiplication sums, an elevated train track blurred in the street outside.
For summer 2027, Chicago Trading Company's Quant Trading Internship posting went up on Jul 20, 2026, for 8 weeks in Chicago from mid-June.

Key facts

  • When it opens: The Quant Trading Internship posting carried a Jun 18, 2025 date for summer 2026 and went up on Jul 20, 2026 for summer 2027, so expect summer 2028 between mid-June and late July 2027.1,2
  • Who it is for: For summer 2027, bachelor's or master's students of any major graduating between December 2027 and June 2028, with a record of success in academics or awards, who can spend the summer in Chicago.1
  • The program: Mid-June to early August at the Loop headquarters, in a seat that mirrors a full-time Quant Trading Associate's: a week-long Basics of Options class, multi-week mock trading and quant curriculum classes, and weekly one-on-ones with your manager.1,3
  • Pay: A monthly salary of $16,500 plus a signing bonus for summer 2027 ($14,500 a month for summer 2026), with free housing alongside the other interns downtown and free breakfast and lunch.1,2
  • Documents: A resume, plus your graduation date, degree level, GPA range on a 4.0 scale, work authorization, address, FINRA registration and which trading path fits you. The form has no cover letter or transcript field.1
  • One application: You can submit one application per position in a recruiting cycle. You may apply to both Quant Trading and Software Engineering, but each is judged on that role's requirements.1,2
  • Next step: Depending on the position, CTC may invite you to a quantitative aptitude assessment or a coding exercise, and may send practice materials so you understand the format.3

Chicago Trading Company programs on the tracker

Live from the Intervyo tracker, so the dates update as Chicago Trading Company posts them.

2028 Summer Analyst Program
Dates not announced yet
2028 Full-Time Analyst Program
Dates not announced yet
Get an email the day Chicago Trading Company opens

No finance experience is needed: the posting asks for strong quantitative and analytical skills, basic programming or a willingness to learn Python, and a real curiosity about trading.1

Check your resume before you apply

Quant Trading Intern at Chicago Trading Company

Check your resume

Read against the Quant Trading Intern role at Chicago Trading Company, Trading, the way the first screen reads it.

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What the Chicago Trading Company online application looks like

  1. Find the posting

    CTC lists its internships on its early careers page. For summer 2027 the Quant Trading Internship went up on Jul 20, 2026, in Chicago, beside a Software Engineering Internship and a full-time Associate Engineer role.1,3

  2. Fill in the form

    Upload your resume, then answer the required questions: an alternate email, your expected graduation month and year, the degree you are pursuing, your GPA range on a 4.0 scale, work authorization, how you heard about CTC, your address, whether you are registered with FINRA, and which trading path best describes you.1

  3. Pick your path honestly

    The last question asks which statement fits you: a trading seat making quick decisions under pressure, or complicated problems solved with data science, math and coding, or neither. It tells CTC which path in its Quant Trading Associate program suits you, so choose the one your resume backs up.1

  4. One application per role

    You can submit one application per position in a recruiting cycle. CTC suggests focusing on the role that fits your skills best; applying to Software Engineering as well is allowed, but each application is judged on its own role's requirements.1,2

  5. After you submit

    Depending on the position, CTC may invite you to a quantitative aptitude assessment or a coding exercise, and may send practice materials first. After it, expect a behavioral and technical first round, then a final round in Chicago built around a mock trading session.3,9,10

What the form asks

Resume Required
Your resume, uploaded.
Education Required
Expected graduation month and year, the degree level you are pursuing, and your GPA range on a 4.0 scale.
Work authorization Required
Whether you can work in the US with no restrictions or will need visa sponsorship now or later.
Background Required
An alternate email, how you heard about CTC, your address and whether you are registered with FINRA.
Your path Required
Which statement best describes your interest: quick decisions in a trading seat, or complex problems solved with data science, math and coding.

Read from the summer 2027 Quant Trading Internship form; the live form may change. There is no cover letter field.1

Chicago Trading Company quant trading resume checklist

  • One page.
  • Graduation month and year and GPA in the top lines.
  • Quantitative coursework, whatever your major.
  • Awards, competitions and placings that show a record of success.
  • Python or another language you could talk about, or a plan to learn it.
  • Games of strategy you play seriously, if they are real.
  • Nothing you could not defend in a technical interview.

What to put on it

CTC welcomes all majors and wants strong quantitative and analytical skills, a record of success in academics or awards, clear written and spoken communication, and basic programming or a willingness to learn Python. Use the usual student order of Education, then experience and projects, then skills, activities and interests. The examples below are Intervyo rewrites of common resume lines, not questions from the form.1,13

  • Education: School, degree, major, graduation month and year, GPA, and any math, statistics or computer science coursework.
  • Awards and competitions: Math, programming or trading competitions and academic awards, with your placing.
  • Projects and experience: Work where you analyzed data, built a model or made decisions under time pressure.
  • Skills and interests: Python or other languages you use, and games of strategy you play seriously.

Example questions and how to answer them

Education line"Rewrite this education line: "Northwestern, Econ, 3.7""1,13
  1. 1University and location on the first line.
  2. 2Degree and major, with the graduation month and year.
  3. 3GPA to two decimals with the scale.
  4. 4A line of quantitative coursework, whatever your major.

Tip: All majors are welcome, so let the coursework line show the quantitative work. The form asks for your graduation month and year and a GPA range, so keep both on the page.

Example answer, written by Intervyo (not a real candidate)

Northwestern University, Evanston, IL Bachelor of Arts in Economics, minor in Mathematics, expected June 2029. GPA: 3.74/4.00 Relevant coursework: Probability, Econometrics, Game Theory, Linear Algebra

Awards and competitions"Rewrite this line: "Member, Math Club.""1,13
  1. 1Turn membership into a result or a role.
  2. 2Give the competition and your placing.
  3. 3Add a number that shows the scale.

Tip: CTC asks for a demonstrated record of success, such as academics or awards. A placing says more than a membership.

Example answer, written by Intervyo (not a real candidate)

Math Club, problem-set lead: write the weekly practice set for 35 members; top 500 nationally on the Putnam (2027); 2nd place, campus trading competition (options market-making game).

Skills and interests"Rewrite this interests line: "Chess, poker, sports.""14,1
  1. 1Keep the games you play seriously and cut the filler.
  2. 2Add a fact that shows real involvement: a rating, results, a role.
  3. 3Be ready to talk about your strategy in an interview.

Tip: Games of chance and strategy can help a trading resume, as long as they do not take over the page. CTC's trading path is for people who make quick decisions under pressure, so show it.

Example answer, written by Intervyo (not a real candidate)

Skills: Python (pandas, NumPy), Excel. Interests: chess (USCF rating 1850), no-limit hold'em (tracked results over 3 years), marathon running (3:21).

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How long to hear back after the online application

CTC's pages give no reply time. The aptitude assessment comes first, and older Chicago processes took from under a month to about two months from application to decision.3,4,5,6

  1. Oct 2017 (summer 2018)

    Trading assistant intern, Chicago

    An online IQ test, a recorded video interview and 2 phone interviews, then a Chicago superday of mock trading against other candidates and one-on-ones.8

  2. Feb 2018 (summer 2018)

    Trading intern, Chicago

    An online video interview with 30 seconds for each answer and an IQ test, then 2 back-to-back phone interviews on behavior and mental math, such as 5/32 as a decimal.11

  3. Nov 2018 (2019 cycle)

    Trading assistant, Chicago

    An intelligence test of mostly logical word problems, then a phone interview of hard probability questions and brainteasers.7

  4. Jan 2020 (summer 2020)

    Quant trading analyst intern, Chicago

    One online test, a phone interview, then an onsite; mathematical ability counted far more than computer science.6

  5. Oct 2020 (summer 2021)

    Quantitative Trading Analyst intern, Chicago

    A first round of one behavioral and one technical interview, then a final week of one behavioral and four technical interviews and mock trading, in under a month.4

The first round has been either a one-way recorded interview, with about 30 seconds to think and no retake, or a live phone or campus interview with mental math, probability and questions on your resume.9,10,11

Best guessExpect the aptitude test to be fast: about 50 questions in 15 minutes, the shape one prep site gives for this screen, so practice timed numerical, verbal and logic questions before you apply.

What happens after the online application

  1. Online applicationYou are here

    This page. A resume and a short form; no cover letter.1

  2. Quantitative aptitude assessment

    A timed test of critical thinking for trading candidates, with practice materials that CTC may send first. Expect fast numerical, verbal, logic and pattern questions; software candidates take a coding exercise.3,9,10,12

  3. First-round interview

    A recorded or live round of behavioral questions, such as why trading and why CTC, and in a live round mental math, probability and expected value.9,10,4

  4. Superday in Chicago with mock trading

    A day at CTC's Chicago office built around a mock trading session, where you trade against other candidates and the interviewers, plus about 4 to 6 one-on-one interviews on mental math, probability, market making and your resume.9,10,4,8

  5. Offer

    An offer for the 8-week internship in Chicago, in a role that mirrors a full-time Quant Trading Associate's; full-time placement is in Chicago too.1

2028 summer analyst status

For summer 2027 the posting went up on Jul 20, 2026, and for summer 2026 it carried a Jun 18, 2025 date, so expect summer 2028 between mid-June and late July 2027.1,2

FAQ

When does the Chicago Trading Company 2028 internship open?

Going by the last two cycles, between mid-June and late July 2027: the summer 2027 Quant Trading Internship posting went up on Jul 20, 2026, and the summer 2026 posting carried a Jun 18, 2025 date.1,2

How much do Chicago Trading Company interns make?

The summer 2027 Quant Trading Internship pays $16,500 a month plus a signing bonus, up from $14,500 a month for summer 2026, with free housing alongside the other interns in downtown Chicago and free breakfast and lunch.1,2

Does CTC need a cover letter?

No. The form asks for a resume and short questions, including your GPA range, work authorization and which trading path fits you; it has no cover letter field.1

Is there an online test for the CTC trading internship?

Expect one. Depending on the position, CTC may invite you to a quantitative aptitude assessment or a coding exercise, and may send practice materials so you understand the format. For trading, expect a fast timed mix of numerical, verbal, logic and pattern questions.3,9,10,12

Do you need finance experience for CTC?

No. The posting says no prior finance experience is necessary and welcomes all majors; it asks for strong quantitative and analytical skills and basic programming or a willingness to learn Python. The internship teaches options from the basics.1,3

Can you apply to more than one CTC internship?

You can submit one application per position in a cycle. Applying to both Quant Trading and Software Engineering is allowed, but CTC suggests focusing on the role that fits you best, and each application is judged on that role's requirements.1,2

Sources

Firm pages first, then dated candidate reports. Last checked Nov 12, 2026.

  1. 1Chicago Trading Company (Greenhouse job board): Quant Trading Internship - Summer 2027, posting and application form (first published Jul 20, 2026)
  2. 2Chicago Trading Company (Greenhouse job board): Quant Trading Internship - Summer 2026, posting (archived Aug 20, 2025)
  3. 3Chicago Trading Company: Early Careers at CTC
  4. 4Candidate report on a public forum: Quantitative Trading Analyst intern interview, Chicago (Oct 2020)
  5. 5Candidate report on a public forum: Summer intern interview, Chicago (Jan 2020)
  6. 6Candidate report on a public forum: Quant trading analyst intern interview, Chicago (Jan 2020)
  7. 7Candidate report on a public forum: Trading assistant interview, Chicago (Nov 2018)
  8. 8Candidate report on a public forum: Trading assistant intern interview, Chicago (Oct 2017)
  9. 9TraderMath: Chicago Trading Company Interview Guide (Jul 31, 2026) · prep site
  10. 10TechInterview: Chicago Trading Company (CTC) Interview Guide (2026): Trading Sim, Mental Math, and the Super Day · prep site
  11. 11Candidate report on a public forum: Trading intern interview, Chicago (Feb 2018)
  12. 12QuantVault: CTC Aptitude Test (CCAT): Free 50-Question Replica · prep site
  13. 13OpenQuant: Writing the Perfect Quant Resume · prep site
  14. 14Mergers & Inquisitions: Sales & Trading Resume Template · prep site

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