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Algorithmic Trading Developer Jobs in Chicago, IL

Eagle Seven

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 ...

Eagle Seven

Energy Trader

Chicago, IL

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 ...

Eagle Seven

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 ...

Eagle Seven

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 ...

Next Step Systems

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 ...

Eagle Seven

Junior Trader

Chicago, IL

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 ...

Eagle Seven

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 ...

Quanta Search

Senior Strategy Developer

Chicago, IL

$56.25 - $74.25/hr

... algorithmic trading strategies in global markets. This person will work alongside a group of ... level C++ programming experience including C++ 11/14/17 required * Prior experience with ...

Quanta Search

Senior Strategy Developer

Chicago, IL · On-site

$56.25 - $74.25/hr

... algorithmic trading strategies in global markets. This person will work alongside a group of ... level C++ programming experience including C++ 11/14/17 required * Prior experience with ...

Sunrise Futures, LLC

Senior Systems Engineer

Chicago, IL · On-site

$107K - $147K/yr

We have built a perfect combination of an algorithmic trading engine, a scientific research ... Sunrise Futures is a mix of computer scientists, physicists, engineers, and mathematicians - but in ...

Old Mission

Quantitative Trader (Options)

Chicago, IL

$150K - $200K/yr

An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences. * 1-4 years of trading experience encompassing algorithmic trading ...

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All JobsAlgorithmic Trading Developer JobsAlgorithmic Trading Developer Jobs in Chicago, IL

Algorithmic Trading Developer information

See Chicago, IL salary details

$16

$61

$77

How much do algorithmic trading developer jobs pay per hour?

As of Jun 21, 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 is the difference between Algorithmic Trading Developer vs Quantitative Analyst?

AspectAlgorithmic Trading DeveloperQuantitative Analyst
Required CredentialsBachelor's or Master's in Computer Science, Finance, or related fields; programming skillsDegree in Mathematics, Statistics, Finance, or Economics; strong analytical skills
Work EnvironmentDevelops trading algorithms, codes, tests, and implements trading systemsBuilds models, analyzes data, and provides trading insights
Employer & Industry UsageFinancial firms, hedge funds, trading firms focusing on system developmentInvestment 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 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 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 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:
Algorithmic Trading Developer jobs near you
Infographic showing various Algorithmic Trading Developer job openings in Chicago, IL as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $128,607 per year, or $61.8 per hour.
Energy Trader

Energy Trader

Eagle Seven

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

Job description

Eagle Seven is seeking an experienced Energy Trader to trade energy futures and swap markets listed on ICE and CME. The trader will be responsible for managing all aspects of trading desk operations. The right candidate will have at least four years of experience in the proprietary trading industry, a passion for capital markets, work well in a collaborative team setting and be a motivated self-starter.

Primary Responsibilities include:

  • Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives
  • 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 strategies to improve profitability of existing models
  • Work with back office to solve for trade breaks, position & activity reconciliation exceptions
  • Completing end of day PnL and position reporting
  • Communicating with exchanges, risk managers and internal technology groups regarding production issues
  • Work closely with strategy developers in order to communicate and propose certain strategy specific code changes related to execution, pricing, and risk management

Requirements

Skills and Experience:

  • Bachelor’s degree in statistics, mathematics, engineering, business/finance, or related field
  • 4-6 years’ work experience trading financial products (e.g options, futures)
  • Strong analytical, quantitative, and math skills
  • Experience with Python is preferred
  • Ability to work independently and successfully manage multiple tasks in a complex and fast-paced environment
  • Strong organizational skills and attention to detail
  • Excellent written and verbal communication skills
  • Demonstrated strong work ethic and team player focused on contributing to the success of the trading desk

Benefits

Eagle Seven offers a competitive and comprehensive benefits package to all full-time employees.

  • Medical PPO and HMO coverage through BlueCross BlueShield
  • Company Contributions to a Health Savings Account (with enrollment into a High Deductible Health Plan)
  • Dental coverage through Principal
  • Vision coverage through VSP
  • 401k Retirement Savings Plan with Employer Match
  • Company Paid Life Insurance
  • Company Paid Disability Insurance
  • Paid Time Off
  • Flexible Spending Account
  • Pre-tax Transit Benefits
  • Complimentary Lunch and Beverages
  • Access to Newly Renovated Building Gym and Bike Room
Eagle Seven logo

About Eagle Seven

Sourced by ZipRecruiter

Industry

Securities, commodity contracts, and financial investments

Company size

51 - 200 Employees

Headquarters location

Chicago, IL, US

Year founded

2004

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