Eldorado Trading Group, LLC was founded in 2004 as a proprietary trading firm by principals, Jeff Waters and Jim Pappas.
Jim and Jeff met on the trading floor of The Chicago Mercantile Exchange (CME) in the early 1990s.
As they progressed as traders and sought to expand their reach, both quickly discovered a unique ability to successfully teach and train aspiring traders. After a decade of experimenting with various styles and business models, Jim and Jeff completed their mutual vision and officially merged, forming Eldorado Trading, LLC in 2004
At Eldorado, traders have the opportunity to capitalize on global markets, trading hundreds of different commodities, equities, derivatives, and indexes on dozens of exchanges worldwide.
We stress hard work, diligence, resilience, and success at Eldorado, but we truly understand that equilibrium and an appropriate work-life balance is necessary to reach true success. With this in mind, Eldorado sponsors a company soccer team as well as hockey, volleyball, and co-ed softball team. Eldorado’s offices also feature a huge gameroom, equipped with ping-pong tables, an arcade quality Golden Tee with big screen and pedestal, and the latest in video games and consoles featured on a 55” flat screen. At Eldorado, work hard/play hard is embedded in the culture!
Though Eldorado has 100+ traders and employees, all are treated like family with access to the finest resources available. Eldorado Trading’s achievements and experience make it an innovator and leader of the electronic trading world...but complacency has no place at Eldorado...we are constantly expanding our reach and size. At Eldorado we realize we have to stay on the cutting edge to remain at the top of the electronic trading world.
Through active and strict recruiting efforts, Eldorado is able to offer trader training classes quarterly. Recruits have the once-in-a-lifetime opportunity to advance into becoming an independent trading partner of Eldorado...the same way Jeff and Jim got their start! Eldorado’s track record shows the ability to transform an inexperienced trainee into a skilled and knowledgeable trader.
Traders at Eldorado are taught to combine complex trading strategies, financial models, market research, and yield curve analyses to gain “edge” in the ever-changing world of high finance.
For more information about Eldorado and becoming a part of our team, please visit the Careers section.