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Algorithmic Trading Programmer Jobs (NOW HIRING)

Algorithmic Trader

Chicago, IL ยท On-site

$125K/yr

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated ... You will work closely with experienced traders, software engineers, and quantitative researchers to ...

$109K - $149K/yr

Join our innovative proprietary trading firm dedicated to developing cutting-edge algorithmic ... Expert-level proficiency in C++ or Rust programming. * Strong background in high-frequency trading ...

Our team spans trading, engineering, and business operations, working together to build and support ... Build and refine algorithmic trading models from ideation through production deployment * Analyze ...

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How much do algorithmic trading programmer jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for algorithmic trading programmer in the United States is $39.54, according to ZipRecruiter salary data. Most workers in this role earn between $25.72 and $51.44 per hour, depending on experience, location, and employer.

What are the typical daily responsibilities of an Algorithmic Trading Programmer?

As an Algorithmic Trading Programmer, your daily responsibilities usually include designing, coding, and optimizing trading algorithms, conducting rigorous backtests, and analyzing performance data. You'll work closely with quantitative analysts and traders to transform trading ideas into automated strategies and troubleshoot any issues in live trading environments. Collaboration with IT, risk management, and operations teams is common to ensure smooth deployment and maintenance of trading systems. Staying up to date with financial markets and regularly researching new technologies are also important parts of the role. This dynamic workflow helps ensure the trading algorithms remain competitive, reliable, and compliant with regulatory standards.

What does an Algorithmic Trading Programmer do?

An Algorithmic Trading Programmer develops and optimizes computer programs that execute trades automatically based on predefined strategies. They leverage programming languages like Python, C++, or Java to implement algorithms that analyze market data, identify opportunities, and execute orders with minimal human intervention. Their work involves backtesting strategies, improving execution speed, and ensuring system reliability. Strong knowledge of financial markets, quantitative analysis, and machine learning can be beneficial for this role.

What are the key skills and qualifications needed to thrive in the Algorithmic Trading Programmer position, and why are they important?

To thrive as an Algorithmic Trading Programmer, you need strong coding skills (typically in Python, C++, or Java), expertise in quantitative analysis, and a solid grasp of financial markets, often with a degree in computer science, mathematics, engineering, or a related field. Experience with trading platforms, backtesting frameworks, and version control systems like Git is highly valued, and certifications such as CFA or FRM can be a plus. Attention to detail, problem-solving ability, and effective teamwork are essential soft skills that distinguish top candidates. These skills are crucial for developing reliable, high-performance trading algorithms that adapt to fast-changing market conditions while minimizing errors and risks.

More about Algorithmic Trading Programmer jobs
What cities are hiring for Algorithmic Trading Programmer jobs? Cities with the most Algorithmic Trading Programmer job openings:
What are the most commonly searched types of Algorithmic Trading Programmer jobs? The most popular types of Algorithmic Trading Programmer jobs are:
What states have the most Algorithmic Trading Programmer jobs? States with the most job openings for Algorithmic Trading Programmer jobs include:
Infographic showing various Algorithmic Trading Programmer job openings in the United States as of June 2026, with employment types broken down into 87% Full Time, 10% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $82,234 per year, or $39.5 per hour.
Algorithmic Trader

Algorithmic Trader

DRW

Chicago, IL โ€ข On-site

$125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 14 days ago


Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
As an Algorithmic Trader, you will combine risk management, research, and technology to operate trading and investment strategies across multiple asset classes. You will work closely with experienced traders, software engineers, and quantitative researchers to optimize system performance in a highly collaborative environment.
Our algorithmic trading group offers broad exposure to diverse strategies, markets, and domain experts, creating exceptional opportunities for learning and professional growth beyond those typically found in traditional trading roles.
Work Environment
  • Collaborate with experienced traders, with an average team tenure of 10+ years, in a large and highly collaborative setting
  • Partner closely with research, software, and hardware specialists who support every aspect of a sophisticated trading operation
  • Gain exposure to multiple complex strategies across global markets within a team backed by a proven two-decade track record of success
Responsibilities
  • Operate complex, automated, latency-sensitive trading systems developed collaboratively within the group
  • Monitor system execution and open positions
  • Adjust system parameters in response to changing market conditions
  • Trade manually when necessary to reduce risk
  • Identify opportunities for automation and system improvement
  • Communicate relevant news, market events, and system behavior to team members
  • Maintain a strong understanding of system functionality
  • Contribute to all aspects of trading desk activity, including position management, risk management, capital deployment, and post-trade analysis
  • Use AI tools for post-trade analysis and/or dashboard development (preferred)
Schedule
This role is primarily aligned with U.S. trading hours, with occasional rotation into APAC and European hours.
  • U.S. hours: 8:00 a.m. - 4:15 p.m.
  • APAC hours: 4:30 p.m. - 12:30 a.m.
  • European hours: 12:30 a.m. - 8:00 a.m.
Qualifications
  • Trading or market experience preferred
  • Ability to understand and troubleshoot high-frequency trading strategies and systems
  • Strong attention to detail
  • Excellent communication skills
  • Sound judgment under pressure
  • Motivated, dependable, and responsible

The annual base salary for this position is $125,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
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