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Algorithmic Trader Jobs in Boston, MA (NOW HIRING)

PanAgora

Trader, Equity Trading

Boston, MA · On-site

Strong working knowledge of equity markets, algorithms and electronic trading tools * Prior experience creating intra-day trading strategies is a plus * Experience with programming, automation, and ...

PanAgora

Trader, Equity Trading

Boston, MA · On-site

Strong working knowledge of equity markets, algorithms and electronic trading tools * Prior experience creating intra-day trading strategies is a plus * Experience with programming, automation, and ...

Fidelity Investments

Manager, Equity Trading

Boston, MA · On-site

$80K - $120K/yr

The Role We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity ... Basic understanding of trading strategies, algorithms and market structure. * Apply analytical ...

Samprasoft

Technologist - Fixed Income

Boston, MA · On-site

Direct experience working with trading systems and an understanding of program and algorithmic trading workflows. In-depth experience with CRIMS required. * Strong technical knowledge around data ...

Databento

Software Engineer (C++/Rust)

Boston, MA · On-site +1

An interest in financial data or algorithmic trading. Notice about phishing scams Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official ...

Draper

Senior Navigation Algorithm Engineer

Cambridge, MA · On-site

$75K - $245K/yr

... trades to support a design. • Designs algorithms using modern theory and proven techniques. • Develops embedded software based on prototype algorithms. • Analyzes designs to demonstrate ...

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All JobsAlgorithmic Trader JobsAlgorithmic Trader Jobs in Boston, MA

Algorithmic Trader information

See Boston, MA salary details

$42.9K

$105.1K

$292.8K

How much do algorithmic trader jobs pay per year?

As of Sep 12, 2026, the average yearly pay for algorithmic trader in Boston, MA is $105,130.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,400.00 and $114,600.00 per year, depending on experience, location, and employer.

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 are the key skills and qualifications needed to thrive as an algorithmic trader?

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 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.

How do you become an algorithmic trader?

To become an algorithmic trader, you typically need a strong background in mathematics, programming, and finance, often holding a degree in a related field such as computer science, engineering, or finance. Developing skills in programming languages like Python or C++, understanding trading strategies, and gaining experience with trading platforms and data analysis are essential steps. Many algorithmic traders also pursue certifications or advanced degrees to enhance their knowledge and credibility.

What does an algorithmic trader do?

An algorithmic trader develops and implements automated trading strategies using computer algorithms to execute trades at high speed and volume. They analyze market data, optimize algorithms, and monitor trading systems, often using programming languages like Python or C++ and trading platforms. The role requires strong quantitative skills and understanding of financial markets.

What are the most commonly searched types of Algorithmic Trader jobs in Boston, MA?

The most popular types of Algorithmic Trader jobs in Boston, MA are:

What are popular job titles related to Algorithmic Trader jobs in Boston, MA?

For Algorithmic Trader jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trader jobs in Boston, MA look for?

The top searched job categories for Algorithmic Trader jobs in Boston, MA are:

Algorithmic Trader jobs near you
Infographic showing various Algorithmic Trader job openings in Boston, MA as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $105,130 per year, or $50.5 per hour.

Algorithmic Trading Developer at Hedge Fund

Boston, MA • On-site

Domeyard LP
Finance and Insurance • 11 - 50 employees
Learn more about Domeyard LPexternal

Full-time

Re-posted 27 days ago

Job description

Job Summary:
Domeyard LP is a start-up hedge fund based in Boston, MA, focused on deploying capital through quantitative models and low latency trading strategies. They are expanding their team of developers and researchers, looking for someone to implement software for low latency trading and improve research productivity through tool development.
Responsibilities:
• Implementing software for low latency trading.
• Designing message-oriented middleware and internal APIs to publish-subscribe platforms and databases.
• Integrating external protocols and APIs with our infrastructure.
• Identifying and managing performance bottlenecks.
• Developing tools (e.g. numerical libraries, GUIs) to improve research productivity.
Qualifications:
Required:
• Implementing software for low latency trading.
• Designing message-oriented middleware and internal APIs to publish-subscribe platforms and databases.
• Integrating external protocols and APIs with our infrastructure.
• Identifying and managing performance bottlenecks.
• Developing tools (e.g. numerical libraries, GUIs) to improve research productivity.
Preferred:
• Background in computer science, physics, mathematics, or a related engineering discipline.
• Proficiency with C/C++ in a UNIX environment.
• Experience with low-level optimization (e.g. memory hierarchy, instruction set architectures, lock-free algorithms, bus overheads, profiling) and multi-core parallelism.
• Knowledge of operating system internals (e.g. network stack, timers, scheduling, interrupt handling, virtual memory, file systems) and kernel source.
• Elegant coding style and good taste in API design.
Company:
Founded in 2012, Domeyard was a quantitative trading firm that employed a fully automated approach, extracting signals with mathematical models. Founded in 2013, the company is headquartered in Boston, USA, with a team of 11-50 employees. The company is currently Early Stage.

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