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Algorithmic Trader Jobs in Austin, TX (NOW HIRING)

Virtu Financial

Weekend Trader

Austin, TX · Hybrid

Our Weekend Traders are risk managers that help to keep our trading systems and strategies running smoothly, providing critical operational support and maintaining our high-performance algorithmic ...

Virtu Financial

Weekend Trader

Austin, TX · On-site

Our Weekend Traders are risk managers that help to keep our trading systems and strategies running smoothly, providing critical operational support and maintaining our high-performance algorithmic ...

All Options

Delta One Trader

Austin, TX · On-site

Contribute to the development and enhancement of proprietary execution algorithms and intraday ... Collaborate closely with traders and developers to deliver robust research insights and reliable ...

All Options

Delta One Trader

Austin, TX

Contribute to the development and enhancement of proprietary execution algorithms and intraday ... Collaborate closely with traders and developers to deliver robust research insights and reliable ...

Base Power Company

Quantitative Trader

Austin, TX · On-site

About the Role We are seeking a Quantitative Trader to trade both Base's retail load book and ... This encompasses device communications with balancing authorities, telemetry analysis, algorithms ...

Apex Fintech Solutions

Portfolio Manager

Austin, TX

Review algorithmic trade recommendations for accuracy, logic, and alignment with client strategies * Trade Validation: Verify trade calculations, identify anomalies, and flag unusual proposals for ...

Hudson River Trading

HPC Network Engineer

Austin, TX · On-site

You will be building the next generation of infrastructure required by a premier algorithmic trading firm operating at the forefront of technology and finance. This position requires deep technical ...

Hudson River Trading

Software Engineer - C++

Austin, TX · On-site

Our researchers are at the forefront of innovation in the world of algorithmic trading. At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and ...

Base Power Company

Algorithms Engineer

Austin, TX · On-site

Algorithms engineers are first-class members of our trading desk, and become part of realtime desk rotation, gaining hands on perspective about how the fleet behaves under real world conditions. What ...

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All JobsAlgorithmic Trader JobsAlgorithmic Trader Jobs in Austin, TX

Algorithmic Trader information

See Austin, TX salary details

$39.1K

$95.9K

$267.1K

How much do algorithmic trader jobs pay per year?

As of Jul 26, 2026, the average yearly pay for algorithmic trader in Austin, TX is $95,900.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $104,500.00 per year, depending on experience, location, and employer.

How much do algorithmic traders make?

Algorithmic traders typically earn between $80,000 and $200,000 annually, with experienced professionals and those working at hedge funds or proprietary trading firms earning higher salaries and bonuses. Compensation often depends on skill level, trading performance, and the firm's size, with many traders also receiving performance-based incentives.

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.

Is algo trading a good career?

Algorithmic trading is a specialized career that involves developing and implementing automated trading strategies using programming skills and quantitative analysis. It can be financially rewarding and offers opportunities in finance firms and hedge funds, but it requires strong technical knowledge, risk management skills, and continuous learning. Success depends on market conditions, technical proficiency, and the ability to adapt strategies over time.

Who is the richest Algo trader in the world?

The richest algorithmic trader is often considered to be Jim Simons, founder of Renaissance Technologies, a highly successful quantitative hedge fund. His firm employs advanced mathematical models and computer algorithms to generate trading strategies, making him one of the wealthiest individuals in the trading industry. Many top algo traders leverage skills in mathematics, programming, and data analysis to succeed in this field.

Is algo trading really profitable?

Algorithmic traders use automated systems and algorithms to execute trades based on predefined criteria. While successful algo trading can be profitable, it requires advanced programming skills, market knowledge, and risk management; profitability varies depending on strategy, market conditions, and execution quality.

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.

What are the most commonly searched types of Algorithmic Trader jobs in Austin, TX? The most popular types of Algorithmic Trader jobs in Austin, TX are:
What are popular job titles related to Algorithmic Trader jobs in Austin, TX? For Algorithmic Trader jobs in Austin, TX, the most frequently searched job titles are:
What job categories do people searching Algorithmic Trader jobs in Austin, TX look for? The top searched job categories for Algorithmic Trader jobs in Austin, TX are:
What cities near Austin, TX are hiring for Algorithmic Trader jobs? Cities near Austin, TX with the most Algorithmic Trader job openings:
Algorithmic Trader jobs near you
Infographic showing various Algorithmic Trader job openings in Austin, TX as of July 2026, with employment types broken down into 1% Internship, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $95,900 per year, or $46.1 per hour.
Weekend Trader

Weekend Trader

Virtu Financial

Austin, TX • Hybrid

Other

Posted 26 days ago

Job description

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide.

THE ROLE

Virtu's trading desks operate globally across a wide range of asset classes, leveraging our advanced trading technology to develop and enhance our strategies and trading operations across both proprietary and client-facing businesses.

As global markets continue to expand toward 24/7 trading, Virtu is seeking traders who are specifically available to cover weekend sessions. Our Weekend Traders are not expected to work more hours than a standard schedule-but must be open to including Saturdays and/or Sundays as part of their regular workweek.

Our Weekend Traders are risk managers that help to keep our trading systems and strategies running smoothly, providing critical operational support and maintaining our high-performance algorithmic trading strategies. Duties will include:

  • Supervising and optimizing strategy performance
  • Intraday market and credit risk management
  • Basic back office and site reliability monitoring
  • Communication and coordination with the larger global trading team

Our ideal candidate is dependable, trustworthy and has the confidence to oversee our trading business during atypical working hours. This candidate will also have the opportunity to work closely with software engineers to enhance and further develop the firm's trading strategies. Our Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market microstructure and the driving forces behind liquidity. This is an excellent opportunity for the right person to join a collaborative, fast-growing team, while learning trading at a leading market maker.

THE CANDIDATE
  • Bachelor's degree in a quantitative field preferred. Strong graduates will also be considered.
  • 1-3 years' experience working at a financial institution.
  • Prior trading experience is a plus, but not required. Ideal candidate would have a strong interest to learn and grow within a global trading environment.
  • Programming experience is required (Python, SQL, Java or C++).
  • Dependable, trustworthy and highly self-motivated and self-disciplined individual.
  • Outstanding quantitative problem-solving skills and mathematical aptitude.
  • The ability to communicate information precisely and with agility.
  • A physicalizer; a person who identifies issues and creates solutions without rigid direction or fanfare.
  • Open to a work schedule that includes Saturdays and/or Sundays as regular working days.
THE PROCESS

After applicants pass an initial resume screening, an online programming test will be sent via email. This test is from a service called HackerRank so please be on the lookout. After passing the programming test, we will contact you to arrange a phone screen with one of our recruiters.

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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