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Algorithmic Trading Analyst Jobs (NOW HIRING)

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Monitoring of trading activity and positions consistently throughout the shift * Performing research and post trade analysis using the firm's research tools on a variety of algorithmic trading ...

Monitoring of trading activity and positions consistently throughout the shift * Performing research and post trade analysis using the firm's research tools on a variety of algorithmic trading ...

Support trading function through development of in-house tools and softwareSupport development of algorithmic trading platformProviding key financial analysis to enable both day-to-day and strategic ...

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 ...

Support trading function through development of in-house tools and softwareSupport development of algorithmic trading platformProviding key financial analysis to enable both day-to-day and strategic ...

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Support development of algorithmic trading platform * Providing key financial analysis to enable both day-to-day and strategic decisions * Responsible for coordinating Supply related management ...

Algorithmic Trader

Chicago, IL · On-site

$150K - $200K/yr

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 ...

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Algorithmic Trading Analyst information

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$33K

$105K

$170.5K

How much do algorithmic trading analyst jobs pay per year?

As of Sep 5, 2026, the average yearly pay for algorithmic trading analyst in the United States is $105,027.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,000.00 and $140,000.00 per year, depending on experience, location, and employer.

What is an algorithmic trading analyst?

An Algorithmic Trading Analyst is a finance professional who designs, develops, and tests automated trading strategies using mathematical models and computer algorithms. They analyze market data, identify patterns, and create systems that can execute trades at optimal times and prices without human intervention. Their work involves programming, data analysis, and a deep understanding of financial markets. These analysts often collaborate with traders, quants, and software engineers to improve trading performance and manage risks.

What are the key skills and qualifications needed to thrive as an algorithmic trading analyst?

To thrive as an Algorithmic Trading Analyst, you need a solid background in quantitative analysis, programming skills (often in Python, C++, or Java), and a degree in finance, mathematics, statistics, or a related field. Familiarity with trading platforms, market data feeds, backtesting frameworks, and certifications such as CFA or FRM can be highly beneficial. Exceptional problem-solving abilities, attention to detail, and strong communication skills help analysts adapt strategies and collaborate with trading teams. These skills are crucial for developing robust trading algorithms, minimizing risk, and capitalizing on market opportunities in a fast-paced environment.

What are some of the main challenges faced by algorithmic trading analysts in their daily work?

Algorithmic Trading Analysts often encounter challenges such as adapting to rapidly changing market conditions and ensuring that trading algorithms remain robust and effective. They must vigilantly monitor algorithm performance, quickly troubleshoot issues, and fine-tune models to minimize risk and maximize returns. Additionally, collaborating with software developers, traders, and risk managers is essential to implement updates and maintain compliance with regulatory standards. Staying current with the latest financial technologies and market trends is also crucial for long-term success in this dynamic field.

What is the difference between Algorithmic Trading Analyst vs Quantitative Analyst?

AspectAlgorithmic Trading AnalystQuantitative Analyst
Required CredentialsBachelor's in finance, computer science, or related field; often certifications like CFA or CQFDegree in mathematics, statistics, or finance; advanced certifications like CFA or FRM common
Work EnvironmentFinancial firms, hedge funds, trading desks; focus on developing and implementing trading algorithmsInvestment banks, asset management firms; focus on modeling and data analysis for investment strategies
Employer & Industry UsagePrimarily in trading and hedge fund industriesBroader across finance, risk management, and research roles

While both roles require strong quantitative skills and familiarity with financial markets, Algorithmic Trading Analysts focus on developing and deploying trading algorithms, whereas Quantitative Analysts often work on broader financial modeling and risk assessment. The roles overlap in skills and certifications but differ in daily tasks and primary objectives.

More about Algorithmic Trading Analyst jobs

What cities are hiring for Algorithmic Trading Analyst jobs?

Cities with the most Algorithmic Trading Analyst job openings:

What states have the most Algorithmic Trading Analyst jobs?

States with the most job openings for Algorithmic Trading Analyst jobs include:

Infographic showing various Algorithmic Trading Analyst job openings in the United States as of August 2026, with employment types broken down into 89% Full Time, 6% Part Time, and 5% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $105,027 per year, or $50.5 per hour.

Algorithmic Trading Analyst

Bestex Research

Stamford, CT • On-site

Full-time

Posted 10 days ago


Job description

BestEx Research is a financial technology and research firm specializing in building sophisticated execution algorithms and transaction cost modeling tools servicing multiple asset classes. The firm provides high-performance algorithmic execution services to hedge funds, CTAs, asset managers, and banks through a traditional electronic broker and in a broker-neutral Software as a Service (SaaS) model.

Its cloud-based platform, Algo Management System (AMS), is the first end-to-end algorithmic trading solution for equities and futures that delivers an entire ecosystem around execution algorithms, including Transaction Cost Analysis (TCA), Strategy Studio for algorithm customization, trading dashboards, and pre-trade analytics in a single platform. The platform is currently live across U.S., European, and Canadian equities and global futures markets.

BestEx Research is transforming a $100 billion industry by replacing traditional black-box execution with transparent, data-driven, and customizable algorithmic trading solutions. Our technology stack combines high-performance C++, Python, R, cloud infrastructure, and advanced quantitative research to build next-generation trading systems.

Our mission is to become the global leader in execution analytics and algorithmic trading while helping clients significantly reduce transaction costs across asset classes. Visit our website https://www.bestexresearch.com/ to learn more about our products, research, and mission.

Requirements

Description

We are seeking highly motivated and detail-oriented entry-level candidates to join our Stamford, CT team as Algorithmic Trading Analysts. This role is a foundational position within our electronic trading organization, designed for candidates who want to build deep expertise at the intersection of market structure, algorithmic execution, trading technology, and software development.

In this role, you will work closely on a variety of projects alongside our trading desk, quant and engineering teams to build and improve various aspects of our global multi-asset algorithmic trading platform. 

Over time, you will have the opportunity to build expertise in one of several different front office roles focused on quant research, product management or client coverage. 

Specifically, You Will:
  • Develop a strong working knowledge of market structure and electronic trading behavior in several asset classes and regions.
  • Learn how algorithmic execution strategies, routing logic, and trading systems underneath them actually work. 
  • Learn to evaluate algorithm performance across clients and strategies using statistical analysis and data visualization.
  • Gain experience testing and supporting our trading product.
  • Build fluency in product planning, prioritization, and cross-functional communication across trading, technology, and client teams
  • Develop communication and presentation skills for internal and client-facing interactions.
  • Develop working knowledge of Global Equities and Futures market structure, and how electronic trading behavior differs across regions and asset classes
Requirements
  • Bachelor’s, Masters or PhD in Computer Science, Engineering, Finance, Quantitative Finance, Mathematics, Statistics, Data Science or a related quantitative discipline
    Strong foundation in probability, statistics and data analysis.
  • Strong analytical mindset and problem-solving skills with high attention to details
  • Working knowledge of Python/R and SQL
  • Excellent written and verbal communication skills
  • Collaborative, proactive attitude with a strong sense of ownership and desire to learn in a fast-paced trading environment
  • Willingness to work in person daily in our office in Stamford, CT