Belvedere Trading

Belvedere Trading is a privately held proprietary trading firm and options market maker that builds in-house, low-latency software to trade equity index, ETF, commodity, and interest rate options. Founded in 2002 and headquartered in Chicago, it earns revenue from market-making and directional trading across U.S. derivatives markets, with teams developing models, FPGA-accelerated systems, and risk tools to identify and capture pricing inefficiencies.