Global Derivatives Business Strategy Research Intern

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 three main foundational pillars of our internship program are: develop, educate and network. We want to ensure each of our interns receive a real-world working experience that encourages academic, professional and personal growth.

Candidates should be versatile, eager and able to work in a fast-paced, time-sensitive financial and technical environment. Our interns will have the flexibility of working 2 days remotely, and 3 days in office per week at one of our state-of-the-art offices in Chicago, Kansas City, and New York City. To be eligible for this internship, applicants must be enrolled in a university or college program and should not be scheduled to graduate before December of the internship year. Our internship program runs from June to August and you will wrap up your internship with a final presentation and retreat. Visit our student page for more information about our internship program!

The Global Derivatives team is hiring for a Global Derivatives Business Strategy Research Intern

The Global Derivatives Business Strategy Research Intern at Cboe will support the VP Head of Global Derivatives Business Strategy and team in sizing market opportunities, reporting the state of capital markets trends, assist in product innovation and development research, and provide evidence for business cases. The team is driven by curiosity and an ability to take useful strategic observations and determine how they can solve problems for both the firm and its clients. This position is for students currently enrolled in a full-time academic program. As part of the research and planning team of Cboe’s Global Derivatives division, the Summer Associate will have the opportunity to:

• Gain in-depth knowledge of the Global Derivatives division and its revenue lines; 
• Prepare and present evidence driven analyses of major trends within the capital markets, banking, data, fintech, technology, and/or financial services industry;
• and Support group initiatives from a planning, communication, and execution standpoint.

Your responsibilities and learning objectives will be:

• Gain in-depth knowledge of the Global Derivatives division and its revenue lines;
• Prepare and present evidence driven analyses of major trends within the capital markets, banking, data, fintech, technology, and/or financial services industry; and
• Support group initiatives from a planning, communication, and execution standpoint
• Provide data analysis on trends impacting derivatives markets and its participants
• Updating news relevant to derivatives trading
• Support PPT slide and content creation as needed for presentations

The ideal candidate has: The ideal candidate has:

• Strong listening and communication skills within a team setting;
• Unquenchable curiosity paired with a desire to research and communicate interesting ideas;
• Imaginative problem solving without fear of debate or challenge;
• Innate desire for learning or self-improvement in any form;
• Passion for critical thinking, puzzles, or challenges like escape rooms;
• Pursuing a degree related to the hard sciences, Business, Finance, Math, Engineering, Economics, Neuroscience, Philosophy, UX/UI Design, Psychology, Computer Science or a related major and should not be scheduled to graduate before December of the year in which the internship takes place.

You’ll really stand out with:

• Understanding of AI, vibe coding, and other related AI tools/techniques
•  Power Point and other graphic design tools
•  Excel and data analytical skills
• Statistics and Game Theory preferred
•  Atlassian suite; JIRA, Confluence, Salesforce, Tableau/Sigma preferred; and Python and Web Scraping is a plus

Benefits and 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.

Some of our employees’ favorite benefits and perks include:

• 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

More About Cboe Global Markets

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.

Learn more about life at Cboe on our website, LinkedIn, and our student page for more information about our internship program!

Equal Employment Opportunity

We're proud to be an equal opportunity employer - and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.

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This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.

Our pay range for interns is determined by function and education level. The national new hire base pay range for this job in the United States is $22.00 - $42.00 per hour.  This range represents the minimum and maximum base pay target for new hires working in the position full time.     

Within the range, individual pay is determined by years of education completed. In addition to base pay, eligibility for our total rewards program may include benefits such as 401 (k) with a generous company match and paid sick time. Your recruiter will provide more details about the total compensation package during the hiring process

Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.