Trading | Training Program

Since 2000, hiring and developing recent college graduates has been at the core of Chimera’s identity.  The Chimera Training Program is our system for building lasting foundational skills for equity traders.

 

 

Program Philosophy

The following are some of our core beliefs underlying the Chimera Training Program. 

  • We invest in YOU, the trader
  • Trading talent begets trading talent: Use only top traders as trainers and surround trainees with proven successful professionals
  • Accelerate the learning curve through live trading: the market is the best classroom
  • Drill the basics, like risk/reward computation, until they are second nature and machine-like
  • Adaptability is paramount: constantly develop the trader's strategy toolbox to foster success in any market
  • Inspire openness and honesty throughout the process: ask tough questions, demand accountability

 

Curriculum Overview

Though it is constantly being assessed and improved, the following are some of the basic components of the Chimera Training Program.

  • Series 57 (Securities Trader Representative) course and materials
  • Training conducted by the Firm’s Head of Trading and Trading Development Director who is a highly successful trader
  • Begins with 2-3 week classroom intensive aimed at conveying core concepts
  • Software training and market trading simulation
  • After licensing and demonstrating understanding of fundamentals, trainees begin supervised live trading with Chimera capital allocation
  • Rotation throughout trading floor to learn new strategies and to enable trainees to identify their own unique style
  • Daily pre- and post-market meetings and regular seminars conducted by top traders
  • Regular team building exercises:  trading contests, social events, volunteering
  • Continuing Education on advanced filtering, trader reviews, market structure, and technical analysis

Check out our Careers page for New Traders to learn more about the recruiting process.