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Algorithmic Execution Quant Jobs in Chicago, IL (NOW HIRING)

IMC

Graduate Quantitative Trader

Chicago, IL · On-site

$250K/yr

As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing ... Develop, maintain, and improve trading strategies and algorithms * Solve complex problems to make a ...

DRW

Quantitative Researcher

Chicago, IL · On-site

$250K - $300K/yr

Optimize the order execution and risk management of our trading system * Create robust solutions to ... Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas ...

Anson McCade

Junior Quantitative Trader

Chicago, IL · On-site

... algorithmic trading models from ideation through production deployment • Analyze market ... execution quality to generate alpha signals and improve strategy performance • Collaborate with ...

IMC

Graduate Quantitative Trader

Chicago, IL · On-site

$250K/yr

As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing ... Develop, maintain, and improve trading strategies and algorithms * Solve complex problems to make a ...

Old Mission

Systematic Equity Options Trader

Chicago, IL · On-site +1

$170K - $250K/yr

Experience with statistical analysis, machine learning, and quantitative modeling techniques * Must have a strong understanding of the market microstructure and execution algorithms * Excellent ...

Fionics

Senior Index Options Trader

Chicago, IL · On-site

Design and optimize systematic options strategies using quant research and ML. Build algorithmic models from ideation to production. Analyze microstructure and execution quality to generate alpha.

Old Mission

Systematic Equity Options Trader

Chicago, IL · On-site

$170K - $250K/yr

Experience with statistical analysis, machine learning, and quantitative modeling techniques * Must have a strong understanding of the market microstructure and execution algorithms * Excellent ...

Anson McCade

Index Trader

Chicago, IL · On-site

... quantitative research and machine learning techniques • Build and refine algorithmic trading models from ideation through production deployment • Analyze market microstructure and execution ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

Eagle Seven

Energy Trader

Chicago, IL

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

DRW

Senior Software Engineer, C++ (Algo)

Chicago, IL · On-site

$150K - $250K/yr

... algorithmic trading team comprising experienced technologists, quantitative researchers, and ... execution, risk management, trade reporting and market data feed processing using C++ or Rust

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Showing results 21-40

All JobsAlgorithmic Execution Quant JobsAlgorithmic Execution Quant Jobs in Chicago, IL

Algorithmic Execution Quant information

See Chicago, IL salary details

$54.1K

$122.8K

$202.4K

How much do algorithmic execution quant jobs pay per year?

As of Aug 15, 2026, the average yearly pay for algorithmic execution quant in Chicago, IL is $122,758.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,900.00 and $157,100.00 per year, depending on experience, location, and employer.

What is the difference between Algorithmic Execution Quant vs Quantitative Trader?

AspectAlgorithmic Execution QuantQuantitative Trader
Primary FocusDeveloping and implementing algorithms for trade execution to minimize market impactCreating trading strategies to generate alpha and profit from market movements
Work EnvironmentQuantitative research teams, trading desks, technology-drivenTrading floors, portfolio management teams, research departments
Required SkillsProgramming, market microstructure, execution algorithmsQuantitative modeling, market analysis, strategy development

While both roles involve quantitative skills, an Algorithmic Execution Quant specializes in optimizing trade execution processes, whereas a Quantitative Trader focuses on developing strategies to generate profits. The roles often collaborate but serve different functions within trading firms.

What are the key skills and qualifications needed to thrive as an algorithmic execution quant, and why are they important?

To thrive as an Algorithmic Execution Quant, you need a strong background in quantitative analysis, programming (often in Python or C++), and a solid understanding of financial markets, typically supported by an advanced degree in a quantitative discipline. Proficiency with statistical modeling tools, trading platforms, and market data systems, as well as familiarity with technologies like FIX protocol, is crucial. Strong problem-solving ability, attention to detail, and effective communication help you collaborate across trading, research, and technology teams. These skills are essential for designing, optimizing, and maintaining robust trading algorithms that achieve best execution and mitigate risk in fast-moving markets.

What are some common challenges faced by algorithmic execution quants when developing and deploying trading algorithms?

Algorithmic Execution Quants often encounter challenges such as adapting strategies to rapidly changing market conditions, managing latency and slippage, and ensuring compliance with regulatory requirements. They must also balance the need for innovation with the necessity for robust risk controls and system reliability. Collaboration with traders, developers, and risk managers is essential to refine algorithms and ensure they perform optimally in live trading environments.

What does an algorithmic execution quant do?

An Algorithmic Execution Quant is responsible for designing, developing, and optimizing algorithms that execute large financial trades efficiently and at minimal cost. They analyze market microstructure, create models to predict market impact, and work closely with traders and engineers to implement these strategies in real-time trading systems. Their work is essential in minimizing transaction costs and improving trade execution quality for their firm.

What are popular job titles related to Algorithmic Execution Quant jobs in Chicago, IL?

For Algorithmic Execution Quant jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Algorithmic Execution Quant jobs in Chicago, IL look for?

The top searched job categories for Algorithmic Execution Quant jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Algorithmic Execution Quant jobs?

Cities near Chicago, IL with the most Algorithmic Execution Quant job openings:

Algorithmic Execution Quant jobs near you
Infographic showing various Algorithmic Execution Quant job openings in Chicago, IL as of August 2026, with employment types broken down into 93% Full Time, and 7% Contract. Highlights an 84% In-person, and 16% Remote job distribution, with an average salary of $122,758 per year, or $59 per hour.

Graduate Quantitative Trader

IMC

Chicago, IL • On-site

$250K/yr

Full-time

PTO

Re-posted 13 days ago

Job description

IMC is looking for talented and passionate Quant Traders to play a critical role in trading a wide range of financial instruments in a fast-paced, dynamic environment.  As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing the execution and risk of complex trading portfolios. In this role you will work closely with IMC's researchers, developers and engineers in an environment that values problem solving, innovation, and teamwork. You will have the support of a mentor and the freedom to find your niche and excel. We have start dates in February and August 2027.

Your Core Responsibilities:

  • Engage in immersive, practical training to quickly acquire the skills needed to be successful on a trading desk
  • Develop, maintain, and improve trading strategies and algorithms
  • Solve complex problems to make a positive impact on the business
  • Find a competitive edge to drive results in the market while collaborating effectively with fellow IMC Traders

Your Skills and Experience:

  • Current university student graduating between September 2026 and July 2027 that is pursuing a degree in a quantitative field of study (e.g. Mathematics, Physics, Computer Science or Economics)
  • Strong analytical thinking skills
  • A desire to learn and solve complex problems
  • Thrives and is able to make decisions in a fast-paced environment
  • A team player with a proactive, self-driven attitude
  • Experience in a programming language is a plus (e.g. Python, Matlab or R)
  • Interest in Financial Markets; previous knowledge is NOT required
  • Must be available for full-time employment starting in February or August 2027

You may submit one application per role each year.  We strongly encourage you to focus on applying to a single role that best matches your skills and interests.  Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role.If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $250,000

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