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Algorithmic Trader Jobs in Philadelphia, PA (NOW HIRING)

asrcfh

Senior Systems Engineer

Moorestown, NJ

$103K - $141K/yr

Demonstrated experience in one or more of the following areas: architecture, requirements development, trade studies, algorithm design, or modeling and simulation * Proficiency in C++, Java, MATLAB ...

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All JobsAlgorithmic Trader JobsAlgorithmic Trader Jobs in Philadelphia, PA

Algorithmic Trader information

See Philadelphia, PA salary details

$39.9K

$97.7K

$271.9K

How much do algorithmic trader jobs pay per year?

As of Aug 1, 2026, the average yearly pay for algorithmic trader in Philadelphia, PA is $97,653.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,000.00 and $106,500.00 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 Philadelphia, PA? The most popular types of Algorithmic Trader jobs in Philadelphia, PA are:
What are popular job titles related to Algorithmic Trader jobs in Philadelphia, PA? For Algorithmic Trader jobs in Philadelphia, PA, the most frequently searched job titles are:
What job categories do people searching Algorithmic Trader jobs in Philadelphia, PA look for? The top searched job categories for Algorithmic Trader jobs in Philadelphia, PA are:
Algorithmic Trader jobs near you
Infographic showing various Algorithmic Trader job openings in Philadelphia, PA as of July 2026, with employment types broken down into 1% Internship, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $97,653 per year, or $46.9 per hour.

Proprietary Equity Trader Position

T3 Trading Group LLC

Philadelphia, PA • On-site

Full-time

Re-posted 13 days ago

Job description

NOW Accepting Applications for Prop Trading Professionals
Considering an exciting new career as a professional trader?
T3 Trading Group, LLC (www.t3trading.com) is a Registered SEC Broker-Dealer & Member of FINRA/SIPC. We are recruiting hardworking, entrepreneurial entry level-traders for remote positions in our nationwide Trading Group.
Trading with T3TG
Our goal is to help every trader maximize their potential through:
  • In-depth education in technical analysis, tape reading, money management, market psychology, and other essential topics
  • Cutting edge technology including access to multiple trading platforms, 'dark' and 'lit' execution venues, plus black box/algorithmic systems
  • Daily trading reviews with experienced traders for individualized help
  • An open and friendly team environment
  • A competitive payout structures

Required Qualifications
  • College degree with a competitive GPA
  • Passion for financial markets
  • Strong analytical skills
  • Team-oriented mentality
  • A focused, entrepreneurial personality
  • Experience in sports or other competitive endeavors like gaming preferred but not required
  • Prior trading experience is not required

Professional Trading Benefits
As a professional trader with T3TG you get:
  • Access to firm capital for superior leverage to traditional retail brokerage accounts.
  • A community of like-minded seasoned professionals to trade alongside.
  • Avoidance of traditional retail restrictions such as the Pattern Day Trader (PDR) rule and short sale restrictions.
  • Access additional capital and potential full-backing based on your performance.

Regulatory Requirements
To trade the firm's capital, equities and options traders must pass the Securities
Industry Essentials (SIE) and Series 57 top off exams to obtain the Securities Trader Representative registration. We are happy to sponsor all qualified candidates to take the exams.
Additionally, all traders must complete FINRA Registration paperwork and applicable background checks.
About T3TG
T3 Trading Group, LLC, a unit of T3 companies, is a Registered SEC Broker-Dealer and Member of FINRA/SIPC. Established in 2007 and registered in 2010, it holds licenses in 53 U.S. States and Territories. T3's office headquarters is located at 88 Pine Street in the heart of New York City's famed financial district.
Please Note:
Proprietary trading is not for everyone. However, it can be a great fit for entrepreneurial spirits with superior work ethic and discipline. Historically, we have sponsored H1B visas on a case-by-case basis and generally require 12 months remaining on any OPT Visa.
How to Apply
If interested, please contact Paolo Fontana at 917-548-4492 or Paolo.Fontana@t3trading.com

Apply