Belvedere Trading, LLC Tech Stack

Proprietary options market maker with in-house trading technology and risk systems

Financial Services Chicago, IL 201–500 employees Founded 2002 Privately Held

Belvedere Trading is a Chicago-based market maker founded in 2002, operating across options and commodity products with a fully proprietary technology stack built around C++, Python, and quantitative modeling. The company is engineering-heavy (10 roles actively recruiting) and pairs development with domain expertise in trading strategy, risk analysis, and compliance—a pattern that reflects their model of continuous re-engineering of trading systems and risk controls. Active projects center on liquidity tooling, quantitative pricing models, and compliance automation, while pain points cluster around operational risk reduction and process efficiency, suggesting internal build-vs-buy pressure on compliance and treasury automation.

Tech Stack 29 technologies

Core StackC++ Python Power BI Looker GitLab Monday.com BigQuery Linux C# PostgreSQL Snowflake Windows Server Active Directory VMware Java Tableau SQL R PowerShell Windows CMake Bazel Conan rpm Microsoft 365 Jupyter Exchange Server IIS FPGA

What Belvedere Trading, LLC Is Building

◆Challenges

Reducing operational risk
Improving development process efficiency
Reducing recurring issues
Automating treasury processes
Aligning liquidity with regulatory limits
Operational gaps in compliance
Inefficiencies in compliance processes
Build a more efficient and scalable compliance program
Improving tax processes
Enhancing tax reporting efficiency

▲Active Projects

Build a more efficient and scalable compliance program
Quantitative model design for pricing
Administer daily finra cat compliance reporting
Improving tax processes, controls, and reporting efficiency
Advising on tax-efficient structuring of trading activities
Market-making and execution across commodity options products
Trading strategy development and execution
Risk and liquidity analysis tool development
Develop tools for options liquidity
Draft and update written policies and procedures

Hiring Activity

Steady20 roles · 8 in 30d

Department

Engineering

Finance

Trading

Compliance

Data

Executive

Legal

Seniority

Senior

Mid

Manager

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About Belvedere Trading, LLC

Belvedere Trading is a proprietary options market maker based in Chicago, trading across SPX options, commodity options, and related derivatives. The firm operates a fully in-house technology platform, built iteratively over two decades, spanning options pricing models, execution systems, and risk management. The organization numbers over 200 employees and operates with low turnover, emphasizing internal development and promotion. Active work includes quantitative model design for pricing, liquidity analysis tools, options execution systems, and compliance reporting automation. The firm prioritizes risk management, regulatory compliance (FINRA CAT), and tax optimization alongside trading strategy execution.

HeadquartersChicago, IL

Company Size201–500 employees

Founded2002

Hiring MarketsUnited States

Frequently Asked Questions

What tech stack does Belvedere Trading use?

C++, Python, SQL, PostgreSQL, Snowflake, BigQuery, Power BI, Looker, Tableau, GitLab, Java, R, and Windows/Linux infrastructure including Active Directory, VMware, and IIS.

What is Belvedere Trading working on?

Quantitative pricing models for options, liquidity analysis and execution tools, compliance automation (FINRA CAT reporting), risk and treasury management systems, and tax optimization for trading activities.