Belvedere Trading, LLC

Belvedere Trading, LLC An employees-first firm, passionate for building new technologies & making an impact in the markets. We specialize in equity indexes and commodity derivatives.

Founded in 2002, Belvedere Trading is a leading proprietary trading firm. Belvedere Trading’s employees act as market makers, ensuring liquidity by laying two sided markets to help provide an orderly market place in the products we trade. We trade electronically from our headquarters in downtown Chicago, and have traders on the floors of the following exchanges: Chicago Board Options Exchange (CBO

E) and CME Group which includes the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). Visit us at www.belvederetrading.com for more information.

06/05/2026

Belvedere has been making markets on the trading floor for over 20 years. Although the landscape of the floor has changed vastly over time, one thing has remained constant: the electric energy. It is always a great honor to be invited to ring the bell at the exchange, and to do it in the year leading up to our 25th anniversary was so much sweeter. Thank you to CNBC and Cboe Global Markets for having us, and thank you to our floor trading team for continuing to be strong representatives of Belvedere in this historic space day after day.

As a proud sponsor of the UChicago Trading Competition, we look forward to participating each spring!Grace and Iris, two...
05/20/2026

As a proud sponsor of the UChicago Trading Competition, we look forward to participating each spring!

Grace and Iris, two new teammates, joined us this season to promote Belvedere and connect with students about exciting careers in trading. Both of them consistently embody our Own It value pillar by stepping up and making time in their busy schedules to invest in potential talent. It’s a great reminder that at Belvedere, ownership is embedded in our culture, and this is a place where everyone feels empowered to go above and beyond in the areas that they are passionate about.

At CBOE’s RMC, our Head of Market Structure, Megan Morgan, spoke about the evolution of the Credit Derivatives market. G...
05/01/2026

At CBOE’s RMC, our Head of Market Structure, Megan Morgan, spoke about the evolution of the Credit Derivatives market. Given the size of the underlying market and CBOE’s product and market structure design, the growth potential is quite exciting. When asked what advice she would give Credit Derivatives market participants on building new markets, she had two simple words: "Have patience."

Confidence, Community, and a Career in Fintech: When Rosa Gao is not spending time with her dog or binge-watching true c...
04/15/2026

Confidence, Community, and a Career in Fintech: When Rosa Gao is not spending time with her dog or binge-watching true crime shows, she's helping shape the trading engine and soaking up everything Belvedere has to offer.

Our partners at Rewriting the Code were a significant part of her journey from first time intern to full time software engineer. "The feedback and encouragement I received from RTC at Grace Hopper Conference gave me a real boost throughout my internship application journey, both in terms of practical advice and the confidence going in," Rosa says.

Since joining Team Belvedere, she cites what has kept her here: "The people, without a doubt."

Read Rosa's full story here: https://buff.ly/wGWSOtW

03/20/2026

To celebrate Women's History Month, our very own Megan Morgan, Head of Market Structure, was invited to speak on a distinguished panel of women at ABN AMRO Clearing USA. Featuring several outstanding and diverse perspectives from across the FinTech industry, Megan reveals what's in her toolbox and shares about her hope in the industry's next generation. 🚀

To celebrate Women’s History Month, our very own Megan Morgan, Head of Market Structure, was invited to speak on a disti...
03/20/2026

To celebrate Women’s History Month, our very own Megan Morgan, Head of Market Structure, was invited to speak on a distinguished panel of women at ABN AMRO Clearing USA. Featuring several outstanding and diverse perspectives from across the FinTech industry, Megan reveals what’s in her toolbox and shares about her hope in the industry’s next generation. 🚀

Team Belvedere turns 24! 🎂 In numerology, the number 24 is often considered to be a very strong representation of harmon...
03/18/2026

Team Belvedere turns 24! 🎂

In numerology, the number 24 is often considered to be a very strong representation of harmony, family, and abundance. As a team, we exemplify this by showing up every day and consistently working together through the lenses of our core values.

We'd like to give a huge thank you to each and every one of our team members - 24 cumulative years of hard work, commitment, dedication, and perseverance has brought us here, and there is so much more to come!

At Belvedere, knocking it out of the park is not the only way we measure success. Hear from Dr. Andrew Wendorff, Quantit...
03/13/2026

At Belvedere, knocking it out of the park is not the only way we measure success. Hear from Dr. Andrew Wendorff, Quantitative Modeling Lead, on how our culture thrives off of iterative innovation and ever-evolving automation. 🚀

Read here: https://buff.ly/zix3tEZ

Automation Engineer Lucas Frey has worn many hats in his five years at Belvedere, and is no stranger to growth and promo...
02/20/2026

Automation Engineer Lucas Frey has worn many hats in his five years at Belvedere, and is no stranger to growth and promotion. Check out his recent interview at the link in our bio to learn how we support team member growth.

02/17/2026

There was so much to celebrate about 2025 - and we did just that at our Holiday Party last month. is ready to head in to the Year of the Fire Horse with ambition, appreciation, and a relentless spirit. 🔥

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10 S Riverside Plz
Chicago, IL
60606

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