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Algorithmic Trading Jobs in Massachusetts (NOW HIRING)

Samprasoft

Technologist - Fixed Income

Boston, MA · On-site

Direct experience working with trading systems and an understanding of program and algorithmic trading workflows. In-depth experience with CRIMS required. * Strong technical knowledge around data ...

Databento

Software Engineer (C++/Rust)

Boston, MA · On-site +1

An interest in financial data or algorithmic trading. Notice about phishing scams Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official ...

Databento

An interest in financial data or algorithmic trading. Notice about phishing scams Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official ...

Databento

An interest in financial data or algorithmic trading. Notice about phishing scams Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official ...

Databento

An interest in financial data or algorithmic trading. Notice about phishing scams Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official ...

PanAgora

Trader, Equity Trading

Boston, MA · On-site

Strong working knowledge of equity markets, algorithms and electronic trading tools * Prior experience creating intra-day trading strategies is a plus * Experience with programming, automation, and ...

PanAgora

Trader, Equity Trading

Boston, MA · On-site

Strong working knowledge of equity markets, algorithms and electronic trading tools * Prior experience creating intra-day trading strategies is a plus * Experience with programming, automation, and ...

Fidelity Investments

Manager, Equity Trading

Boston, MA · On-site

$80K - $120K/yr

Basic understanding of trading strategies, algorithms and market structure. * Apply analytical discipline in algo selection, execution, and risk management by using your understanding of our client ...

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Algorithmic Trading information

See Massachusetts salary details

$81.4K

$93.6K

$102.7K

How much do algorithmic trading jobs pay per year?

As of Sep 15, 2026, the average yearly pay for algorithmic trading in Massachusetts is $93,649.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,500.00 and $99,400.00 per year, depending on experience, location, and employer.

What is algorithmic trading?

Algorithmic trading involves trading in equities, currencies, or other financial instruments using computer programs. A trading program uses an algorithm to calculate current market conditions. This trading method is automated, so the program buys or sells the financial instrument when the algorithm says that the market meets all the requirements for a profitable trade. To create an algorithm, you perform mathematical and statistical analysis, also known as quantitative analysis, on an exchange or equity. After creating an algorithm with defined trading rules, you test it using historical market data. While this is primarily a technical field, you also need an understanding of the market.

What is algorithmic trading?

Algorithmic trading refers to the use of computer programs and algorithms to automatically execute trading orders in financial markets. These algorithms follow predefined rules based on factors like price, timing, and volume to optimize trading strategies and reduce human intervention. Algorithmic trading is widely used by institutional investors, hedge funds, and individual traders to increase efficiency, minimize costs, and capitalize on market opportunities. It can range from simple rule-based systems to complex strategies involving machine learning and artificial intelligence.

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 quantitative analysis, programming (often Python, C++, or Java), and a solid understanding of financial markets, typically supported by a degree in mathematics, engineering, finance, or computer science. Familiarity with statistical modeling tools, trading platforms, and backtesting systems is essential, and certifications such as CFA or FRM can be advantageous. Superior problem-solving skills, attention to detail, and the ability to work under pressure set standout professionals apart in this field. These skills are crucial to developing, implementing, and refining trading strategies that can operate profitably and reliably in fast-moving financial environments.

What are the main challenges faced by professionals in algorithmic trading, and how can they be addressed?

Professionals in algorithmic trading often encounter challenges such as developing strategies that remain effective in rapidly changing markets, minimizing latency for faster execution, and managing the risks associated with automated trading systems. To address these challenges, it's essential to stay updated with the latest market trends and technological advancements, conduct rigorous backtesting of algorithms, and implement robust risk management protocols. Collaboration with quantitative analysts, software engineers, and risk managers is also key to ensuring strategies are both innovative and resilient.

What is the difference between Algorithmic Trading vs Quantitative Analyst?

AspectAlgorithmic TradingQuantitative 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-pacedInvestment banks, asset management firms; research-focused
Employer & Industry UsageUsed to automate trading strategiesDevelops models to inform trading decisions

While both roles involve quantitative skills and finance knowledge, Algorithmic Traders focus on implementing automated trading systems, whereas Quantitative Analysts develop models and strategies that may be used by traders or firms. The roles often overlap but differ mainly in their primary focus: execution versus modeling.

More about Algorithmic Trading jobs

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The most popular types of Algorithmic Trading jobs in Massachusetts are:

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For Algorithmic Trading jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Algorithmic Trading jobs in Massachusetts look for?

The top searched job categories for Algorithmic Trading jobs in Massachusetts are:

What cities in Massachusetts are hiring for Algorithmic Trading jobs?

Cities in Massachusetts with the most Algorithmic Trading job openings:

Algorithmic Trading jobs near you
Infographic showing various Algorithmic Trading job openings in Massachusetts as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 9% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $93,649 per year, or $45 per hour.

Algorithmic Trading Developer at Hedge Fund

Boston, MA • On-site

Domeyard LP
Finance and Insurance • 11 - 50 employees
Learn more about Domeyard LPexternal

Full-time

Re-posted 4 hours ago

Job description

Job Summary:
Domeyard LP is a start-up hedge fund based in Boston, MA, focused on deploying capital through quantitative models and low latency trading strategies. They are expanding their team of developers and researchers, looking for someone to implement software for low latency trading and improve research productivity through tool development.
Responsibilities:
• Implementing software for low latency trading.
• Designing message-oriented middleware and internal APIs to publish-subscribe platforms and databases.
• Integrating external protocols and APIs with our infrastructure.
• Identifying and managing performance bottlenecks.
• Developing tools (e.g. numerical libraries, GUIs) to improve research productivity.
Qualifications:
Required:
• Implementing software for low latency trading.
• Designing message-oriented middleware and internal APIs to publish-subscribe platforms and databases.
• Integrating external protocols and APIs with our infrastructure.
• Identifying and managing performance bottlenecks.
• Developing tools (e.g. numerical libraries, GUIs) to improve research productivity.
Preferred:
• Background in computer science, physics, mathematics, or a related engineering discipline.
• Proficiency with C/C++ in a UNIX environment.
• Experience with low-level optimization (e.g. memory hierarchy, instruction set architectures, lock-free algorithms, bus overheads, profiling) and multi-core parallelism.
• Knowledge of operating system internals (e.g. network stack, timers, scheduling, interrupt handling, virtual memory, file systems) and kernel source.
• Elegant coding style and good taste in API design.
Company:
Founded in 2012, Domeyard was a quantitative trading firm that employed a fully automated approach, extracting signals with mathematical models. Founded in 2013, the company is headquartered in Boston, USA, with a team of 11-50 employees. The company is currently Early Stage.

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