Index Trader
Chicago, IL · On-site +1
Their team spans trading, engineering, and business operations, working together to build and ... algorithmic trading models from ideation through production deployment • Analyze market ...
Index Trader
Chicago, IL · On-site +1
Their team spans trading, engineering, and business operations, working together to build and ... algorithmic trading models from ideation through production deployment • Analyze market ...
Senior Software Developer
$56.25 - $74.25/hr
Designing and implementing high quality software solutions used for algorithmic trading, exchange ... Solid programming skills and strong understanding of general programming concepts such as OOP, data ...
Senior Software Developer
$56.25 - $74.25/hr
Designing and implementing high quality software solutions used for algorithmic trading, exchange ... Solid programming skills and strong understanding of general programming concepts such as OOP, data ...
Senior Software Developer
$56.25 - $74.25/hr
Designing and implementing high quality software solutions used for algorithmic trading, exchange ... Solid programming skills and strong understanding of general programming concepts such as OOP, data ...
Senior Software Developer
$56.25 - $74.25/hr
Designing and implementing high quality software solutions used for algorithmic trading, exchange ... Solid programming skills and strong understanding of general programming concepts such as OOP, data ...
C++ Developer - Trading Platforms
$50.50 - $68/hr
C++ Developer - Trading Platforms ThinkMarkets is a global financial technology company ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
C++ Developer - Trading Platforms
$50.50 - $68/hr
C++ Developer - Trading Platforms ThinkMarkets is a global financial technology company ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
... one of its most successful algorithmic trading businesses. The group has been operating ... Experience improving developer productivity, tooling, CI/CD, observability, or platform engineering ...
... one of its most successful algorithmic trading businesses. The group has been operating ... Experience improving developer productivity, tooling, CI/CD, observability, or platform engineering ...
Junior Algorithmic Trader
Chicago, IL · On-site
Description Our Algorithmic Traders use their expert understanding of the financial markets and ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Junior Algorithmic Trader
Chicago, IL · On-site
Description Our Algorithmic Traders use their expert understanding of the financial markets and ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Senior UX Designer (Algorithmic Trading)
Chicago, IL · On-site
$150K - $225K/yr
We are seeking a Senior UX Designer to join our algorithmic trading team and lead the creation of ... Work side by side with traders and developers to deliver a cohesive user experience across our ...
Senior UX Designer (Algorithmic Trading)
Chicago, IL · On-site
$150K - $225K/yr
We are seeking a Senior UX Designer to join our algorithmic trading team and lead the creation of ... Work side by side with traders and developers to deliver a cohesive user experience across our ...
C++ Developer - Trading Platforms
Chicago, IL · On-site
$50.50 - $68/hr
As a C++ Developer, you will be responsible for designing, developing, and optimising high ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
C++ Developer - Trading Platforms
Chicago, IL · On-site
$50.50 - $68/hr
As a C++ Developer, you will be responsible for designing, developing, and optimising high ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
Junior Quantitative Trader
Chicago, IL · On-site +1
Their team spans trading, engineering, and business operations, working together to build and ... algorithmic trading models from ideation through production deployment • Analyze market ...
Junior Quantitative Trader
Chicago, IL · On-site +1
Their team spans trading, engineering, and business operations, working together to build and ... algorithmic trading models from ideation through production deployment • Analyze market ...
C++ Developer - Trading Platforms
Chicago, IL · On-site
$50.50 - $68/hr
As a C++ Developer, you will be responsible for designing, developing, and optimising high ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
C++ Developer - Trading Platforms
Chicago, IL · On-site
$50.50 - $68/hr
As a C++ Developer, you will be responsible for designing, developing, and optimising high ... Collaborate with quantitative analysts and product teams to implement and refine trading algorithms ...
Junior Algorithmic Trader
Chicago, IL · On-site
$69K - $89.60K/yr
As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Junior Algorithmic Trader
Chicago, IL · On-site
$69K - $89.60K/yr
As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Junior Algorithmic Trader
Chicago, IL · On-site
$69K - $89.60K/yr
As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Quick apply
Junior Algorithmic Trader
Chicago, IL · On-site
$69K - $89.60K/yr
As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... trading systems * Learn and master object-oriented programming languages (C++ and Python) * Build ...
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Gain exposure to multiple sports, quantitative disciplines, and production engineering. * Other ... Exposure to object-oriented development, real-time systems, or algorithmic trading models.
Quick apply
Gain exposure to multiple sports, quantitative disciplines, and production engineering. * Other ... Exposure to object-oriented development, real-time systems, or algorithmic trading models.
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Quick apply
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Energy Trader
Chicago, IL · On-site
Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...
Senior Network Engineer - Low Latency Trading
Chicago, IL · On-site
$107.10K - $146.80K/yr
We are looking for a Senior Network Engineer with experience designing and managing large environments to fulfill the high-performance and availability requirements of a premiere algorithmic trading ...
Senior Network Engineer - Low Latency Trading
Chicago, IL · On-site
$107.10K - $146.80K/yr
We are looking for a Senior Network Engineer with experience designing and managing large environments to fulfill the high-performance and availability requirements of a premiere algorithmic trading ...
Senior Network Engineer - Low Latency Trading
$107.20K - $146.90K/yr
We are looking for a Senior Network Engineer with experience designing and managing large environments to fulfill the high-performance and availability requirements of a premiere algorithmic trading ...
Senior Network Engineer - Low Latency Trading
$107.20K - $146.90K/yr
We are looking for a Senior Network Engineer with experience designing and managing large environments to fulfill the high-performance and availability requirements of a premiere algorithmic trading ...
Junior Trader
Chicago, IL · On-site
Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...
Junior Trader
Chicago, IL · On-site
Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...
Senior Software Developer
Chicago, IL · On-site
$56.25 - $74.25/hr
Keywords: Chicago IL Jobs, Senior Software Developer, C++, Algorithmic Trading, Exchange ... Connectivity, Financial industry, Trading Industry, Software Engineer, Architect, Programming ...
Senior Software Developer
Chicago, IL · On-site
$56.25 - $74.25/hr
Keywords: Chicago IL Jobs, Senior Software Developer, C++, Algorithmic Trading, Exchange ... Connectivity, Financial industry, Trading Industry, Software Engineer, Architect, Programming ...
Algorithmic Trading Developer information
See Chicago, IL salary details
$16.34 - $21.93
9% of jobs
$21.93 - $27.51
0% of jobs
$27.51 - $33.09
0% of jobs
$33.09 - $38.68
0% of jobs
$38.68 - $44.26
0% of jobs
$44.26 - $49.84
8% of jobs
$55.42 is the 25th percentile. Wages below this are outliers.
$49.84 - $55.42
7% of jobs
$55.42 - $61.01
6% of jobs
The median wage is $65.79 / hr.
$61.01 - $66.59
22% of jobs
$72.17 is the 75th percentile. Wages above this are outliers.
$66.59 - $72.17
22% of jobs
$72.17 - $77.76
25% of jobs
$16
$61
$77
How much do algorithmic trading developer jobs pay per hour?
As of Jun 1, 2026, the average hourly pay for algorithmic trading developer in Chicago, IL is $61.83, according to ZipRecruiter salary data. Most workers in this role earn between $56.20 and $73.32 per hour, depending on experience, location, and employer.
What are the key skills and qualifications needed to thrive as an Algorithmic Trading Developer, and why are they important?
To thrive as an Algorithmic Trading Developer, you need strong programming skills (especially in Python, C++, or Java), a solid grasp of quantitative finance, and typically a degree in computer science, mathematics, or related fields. Expertise in trading platforms, financial data APIs, and familiarity with machine learning libraries and version control systems is common, alongside relevant certifications like CFA or CQF. Exceptional analytical thinking, attention to detail, and problem-solving abilities are crucial soft skills for success in this role. These capabilities enable developers to design, test, and optimize trading algorithms that perform reliably and profitably in dynamic financial markets.
What are some common challenges Algorithmic Trading Developers face when deploying new trading strategies?
Algorithmic Trading Developers often encounter challenges such as ensuring low-latency execution, accurately backtesting strategies with real-world data, and managing the risks of live trading. Deployment requires close collaboration with quantitative analysts, traders, and IT teams to validate models and maintain robust infrastructure. Additionally, developers must monitor for unexpected market conditions and quickly address any system failures or regulatory changes that could impact trading performance.
What is an Algorithmic Trading Developer?
An Algorithmic Trading Developer is a software professional who designs, builds, and maintains computer programs (algorithms) that automatically execute trades in financial markets. These developers combine knowledge of programming, quantitative analysis, and financial markets to create strategies that can analyze market data and place trades faster and more efficiently than human traders. Their work often involves working with large datasets, optimizing code for speed, and ensuring low-latency execution. They may also collaborate with traders and quantitative analysts to implement and test new trading ideas.
What is the difference between Algorithmic Trading Developer vs Quantitative Analyst?
| Aspect | Algorithmic Trading Developer | Quantitative Analyst |
|---|---|---|
| Required Credentials | Bachelor's or Master's in Computer Science, Finance, or related fields; programming skills | Degree in Mathematics, Statistics, Finance, or Economics; strong analytical skills |
| Work Environment | Develops trading algorithms, codes, tests, and implements trading systems | Builds models, analyzes data, and provides trading insights |
| Employer & Industry Usage | Financial firms, hedge funds, trading firms focusing on system development | Investment banks, hedge funds, asset managers focusing on data analysis |
While both roles work within the finance industry and require quantitative skills, Algorithmic Trading Developers primarily focus on coding and implementing trading algorithms, whereas Quantitative Analysts analyze data and develop models to inform trading strategies.
What are popular job titles related to Algorithmic Trading Developer jobs in Chicago, IL? For Algorithmic Trading Developer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Algorithmic Trading Developer jobs in Chicago, IL look for? The top searched job categories for Algorithmic Trading Developer jobs in Chicago, IL are:
Full-time
Posted 3 days ago
Job description
$200,000 USD
Discretionary Bonus
Onsite WORKING
Location: Chicago, Illinois - United States Type: Permanent
Our client is a proprietary trading firm specializing in electronic options market making. They take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Their team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. They emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
They operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth.
What you'll do:
• Proactively manage pricing and positions for the SPX Index options market making desk
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
• Build and refine algorithmic trading models from ideation through production deployment
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
• Manage real-time risk across a diversified portfolio of options positions
Qualifications and skills:
• Previous experience trading (3+ years) with a proven track record of success managing an index options market making book
• BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
• Exceptional attention to detail
• Excellent quantitative and analytical skills
• Ability to take on many responsibilities quickly with a high degree of operational excellence
Python programming skills are a plus, but not required
Discretionary Bonus
Onsite WORKING
Location: Chicago, Illinois - United States Type: Permanent
Our client is a proprietary trading firm specializing in electronic options market making. They take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Their team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. They emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
They operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm's growth.
What you'll do:
• Proactively manage pricing and positions for the SPX Index options market making desk
• Design and optimize systematic options trading strategies using quantitative research and machine learning techniques
• Build and refine algorithmic trading models from ideation through production deployment
• Analyze market microstructure and execution quality to generate alpha signals and improve strategy performance
• Collaborate with quant researchers and engineers to develop new models using our proprietary datasets
• Manage real-time risk across a diversified portfolio of options positions
Qualifications and skills:
• Previous experience trading (3+ years) with a proven track record of success managing an index options market making book
• BA/BS/MS/PhD degree in Computer Science, Data Science, Engineering, Math, Economics, Finance, Physics, or related field
• Exceptional attention to detail
• Excellent quantitative and analytical skills
• Ability to take on many responsibilities quickly with a high degree of operational excellence
Python programming skills are a plus, but not required