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Algorithmic Trader Jobs (NOW HIRING)

Simplex Trading

Algorithmic Trader

Chicago, IL

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

Simplex Trading

Algorithmic Trader

Chicago, IL · On-site

$150K - $200K/yr

Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading dynamics, and data-focused ...

Wintermute

Algorithmic Trader

New York, NY

About Wintermute Wintermute is one of the largest algorithmic trading companies in digital assets. We provide liquidity algorithmically across all major cryptocurrency exchanges and trading platforms ...

Eagle Seven

Algorithmic Trader

Chicago, IL · On-site

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all ...

Eagle Seven

Algorithmic Trader

Chicago, IL · On-site

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all ...

DRW

Algorithmic Trader

Chicago, IL · On-site

$125K/yr

As an Algorithmic Trader , you will combine risk management, research, and technology to operate trading and investment strategies across multiple asset classes. You will work closely with ...

Wintermute

Algorithmic Trader

New York, NY · On-site

About Wintermute Wintermute is one of the largest algorithmic trading companies in digital assets. We provide liquidity algorithmically across all major cryptocurrency exchanges and trading platforms ...

UBS

Electronic Agency Algorithmic Trader

New York, NY · On-site

$145K - $172K/yr

UBS is looking for an Electronic Agency Algorithmic Trader to: • manage the quantitative parameters that drive the overall algorithmic behavior • provide daily interaction with the equity trading ...

Wintermute

DeFi Algorithmic Trader

New York, NY · On-site

About Wintermute Wintermute is a technology unicorn and one of the largest algorithmic trading companies, specialising in digital assets. We provide liquidity across most cryptocurrency exchanges and ...

Wintermute

DeFi Algorithmic Trader

New York, NY · Remote

About Wintermute Wintermute is a technology unicorn and one of the largest algorithmic trading companies, specialising in digital assets. We provide liquidity across most cryptocurrency exchanges and ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk's objectives * Monitoring of trading activity and positions consistently throughout the shift

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All JobsAlgorithmic Trader Jobs

Algorithmic Trader information

See salary details

$39.5K

$96.8K

$269.5K

How much do algorithmic trader jobs pay per year?

As of Jun 9, 2026, the average yearly pay for algorithmic trader in the United States is $96,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,500.00 and $105,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Algorithmic Trader, and why are they important?

To thrive as an Algorithmic Trader, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and a solid understanding of financial markets, usually supported by a relevant degree. Familiarity with trading platforms, backtesting frameworks, and data analysis tools, plus certifications like CFA or FRM, are commonly required. Strong analytical thinking, attention to detail, and the ability to work under pressure are vital soft skills for success in this fast-paced environment. These skills enable traders to develop effective, automated strategies that capitalize on market opportunities while managing risk efficiently.

What are some typical challenges faced by algorithmic traders in their day-to-day work?

Algorithmic traders often encounter challenges such as maintaining and updating trading algorithms to adapt to rapidly changing market conditions, ensuring low-latency execution, and managing the risks associated with automated trading. Collaborating closely with quantitative analysts, software engineers, and risk managers is essential to refine strategies and troubleshoot technical issues. Staying compliant with regulatory requirements and monitoring for unexpected market behaviors or system errors are also important aspects of the role.

What is an algorithmic trader?

An algorithmic trader is a financial professional who uses computer algorithms to automate trading strategies in financial markets. These traders develop, test, and implement mathematical models that analyze market data and execute trades at speeds and frequencies impossible for humans. Algorithmic traders work in environments such as investment banks, hedge funds, and proprietary trading firms, and their goal is often to maximize returns while managing risk. They typically need strong skills in programming, quantitative analysis, and finance.

What is the difference between Algorithmic Trader vs Quantitative Analyst?

AspectAlgorithmic TraderQuantitative Analyst
Required CredentialsDegree in finance, computer science, or related field; programming skillsDegree in mathematics, statistics, or finance; strong analytical skills
Work EnvironmentTrading firms, hedge funds, financial institutions; fast-pacedFinancial institutions, research firms; analytical and research-focused
Employer & Industry UsageUsed primarily in trading and investment firmsUsed in asset management, hedge funds, and investment banks

While both roles require strong quantitative skills and programming knowledge, Algorithmic Traders focus on developing and executing trading algorithms in real-time markets, whereas Quantitative Analysts primarily develop models and strategies for investment decision-making. The roles often overlap but differ mainly in their focus on trading execution versus model development.

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Algorithmic Trader jobs near you
Algorithmic Trader

Algorithmic Trader

Simplex Trading

Chicago, IL

Other

Posted 25 days ago

Job description

Career Description

Simplex is looking for analytical and creative individuals to join our trading team.  Traders at Simplex work closely with our technology team to design and optimize algorithmic trading strategies based on deep knowledge of market microstructure, trading  dynamics, and data-focused understanding of pricing, risk management, and order flow.  An ideal candidate is collaborative, strongly self-motivated, and capable of detail-oriented troubleshooting, data analysis, and robust systems design.

What will you be doing?

  • Design, troubleshoot, and optimize trading strategies and supporting pricing, risk management, and order execution modules
  • Iteratively improve trading models and parameters through research and data-focused analysis
  • Investigate new opportunities and avenues for firm market share growth or product expansion

Skills and Experience:

  • At least one year professional experience in algorithmic trading, ideally equity or futures options
  • A track record of solving challenging analytical problems and implementing robust solutions
  • Firm understanding of statistics and probability, linear algebra, and calculus
  • Proficiency with Python and/or R for research, data analysis, and statistical modeling
  • Experience working with large datasets using relational databases, ideally SQL/MySQL
  • Exposure to Linux/Unix beneficial

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