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Chopper Trading is a Chicago, IL “technology-based proprietary trading firm that operates in a range of global markets and trades on several major exchanges.”

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Most of the companies that we feature have business models that are pretty easy to grasp within a few minutes. Unless they’re a startup with a lot of funding and no business model yet, it’s pretty easy to figure out how they make money. That’s not really the case with proprietary trading firms, though they certainly make money. We’ve featured a few in the past including Jump Trading, Wolverine Trading, and Belvedere Trading. Today we’re going to add another to the list, Chopper Trading, which is a Chicago, IL “technology-based proprietary trading firm that operates in a range of global markets and trades on several major exchanges.” That’s about all they’ll tell you. Proprietary trading firms are in constant competition with each other for talent, technology, and profits, so they keep the details of their businesses secret.

Chop Chop

Even reading Chopper Trading’s Philosophy won’t tell you much about how they operate. The company was founded in 2002 and is a member of the “CME, CBOT, Eurex and NYSE-Liffe” while also “active on NYSE Arca, BATS, Direct Edge, ICE and NASDAQ among other exchanges.” The deepest dive into their business that I could find was this article on Chopper Trading’s recruiting practices. You might also be able to get a few tidibits from CEO Raj Fernando’s Blog. Since there’s so little out there about Chopper, you’ll probably want to do more general research on technology focused proprietary trading. If it sounds like a good fit for you, take a look at Chopper Trading’s Jobs page. Right now they’re looking for a Software Engineer and a Trading Assistant. Both positions look like great fits for new or recent grads. You can also reach out to them at careers@choppertrading.com about other entry level opportunities.

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