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Cboe Labs Intern - Research and Product Development

Chicago Board Options Exchange

Chicago, IL
Internship
Intern
25/hr-36/hr
1 day ago

Job Description

About the Role

Building trusted markets - powered by our people. At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world. Cboe interns work with a variety of staff across multiple departments and have the opportunity to put their skills to work in their field of interest, while learning about Exchange technology and operations through our robust Options Institute courses. The internship program focuses on developing, educating, and networking, providing real-world experience that encourages growth. Interns should be versatile, eager, and able to work in a fast-paced, time-sensitive environment, with a flexible schedule of 2 days remote and 3 days in-office at locations in Chicago, Kansas City, and New York City. Candidates must be enrolled in a university or college program and not scheduled to graduate before December of the internship year. The program runs from June to August, culminating in a final presentation and retreat.

Key Responsibilities

  • Assist in development of novel derivatives products, from ideation to product launch.
  • Perform extensive research and analysis using Cboe's expansive collection of data in order to drive decision making.
  • Gain in-depth exposure and understanding of Cboe's current derivative offerings.
  • Lead, design, and implement an independent project to develop product knowledge and project management skills, with opportunities to present to Cboe leadership and teammates.

Requirements

  • Pursuing a degree in Finance, Mathematics, Engineering, or a related technical field and should not be scheduled to graduate before December of the internship year.
  • Knowledge/interest in global financial markets, specifically derivatives.
  • Innovative problem solver and fast learner.
  • Proficiency in Python (both functional and object-oriented programming), SQL, and Microsoft Excel.
  • Strong written/verbal communication skills.

Nice to Have

  • Prior experience with index and equity options.
  • Research experience.

Qualifications

  • Enrollment in a university or college program during the internship period.
  • Should not be scheduled to graduate before December of the internship year.

Benefits & Perks

  • Competitive compensation
  • Flexible, hybrid work environment, 3 days in office, 2 days remote, per week.
  • 2:1 401(k) match, up to 8% match immediately upon hire.
  • Daily complimentary in-office lunch from local restaurants
  • Endless free coffee and snacks to fuel your workday
  • Monthly in office networking events and happy hours
  • Associate Resource Groups (ARGs) and affinity groups for support and community building

Working at Chicago Board Options Exchange

We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging. We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.

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Job Details

Posted AtSep 8, 2025
Salary25/hr-36/hr
Job TypeInternship
Work ModeHybrid
ExperienceIntern

Job Skills

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About Chicago Board Options Exchange

Website

cboe.com

Company Size

1001-5000 employees

Location

Chicago, IL

Industry

All Other Support Services

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