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Algorithmic Trading Jobs in Austin, TX (NOW HIRING)

Trading Interview

Weekend Trader

Austin, TX · On-site

$90 - $130/hr

... performance algorithmic trading strategies. Duties will include: * Supervising and optimizing strategy performance * Intraday market and credit risk management * Basic back office and site ...

Hudson River Trading

HPC Network Engineer

Austin, TX · On-site

You will be building the next generation of infrastructure required by a premier algorithmic trading firm operating at the forefront of technology and finance. This position requires deep technical ...

Virtu Financial

Weekend Trader

Austin, TX · On-site

... performance algorithmic trading strategies. Duties will include: * Supervising and optimizing strategy performance * Intraday market and credit risk management * Basic back office and site ...

Virtu Financial

Weekend Trader

Austin, TX · On-site

... performance algorithmic trading strategies. Duties will include: * Supervising and optimizing strategy performance * Intraday market and credit risk management * Basic back office and site ...

Hudson River Trading

Software Engineer - C++

Austin, TX · On-site

Our researchers are at the forefront of innovation in the world of algorithmic trading. At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and ...

Trading Interview

Delta One Trader

Austin, TX · On-site

$180 - $240/hr

... trading algorithms, contribute directly to PnL, and drive the evolution of new and existing strategies. You bring strong market intuition, a quantitative mindset, and a collaborative approach ...

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Algorithmic Trading information

See Austin, TX salary details

$73.8K

$85K

$93.2K

How much do algorithmic trading jobs pay per year?

As of Aug 26, 2026, the average yearly pay for algorithmic trading in Austin, TX is $84,996.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,300.00 and $90,200.00 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.

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

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Algorithmic Trading jobs near you
Infographic showing various Algorithmic Trading job openings in Austin, TX as of August 2026, with employment types broken down into 1% Internship, 88% Full Time, 7% Part Time, 1% Temporary, and 3% Contract. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $84,996 per year, or $40.9 per hour.

Weekend Trader

Trading Interview

Austin, TX • On-site

$90 - $130/hr

Other

Posted 7 days ago

Job description

Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide.

THE ROLE

Virtu's trading desks operate globally across a wide range of asset classes, leveraging our advanced trading technology to develop and enhance our strategies and trading operations across both proprietary and client-facing businesses.

As global markets continue to expand toward 24/7 trading, Virtu is seeking traders who are specifically available to cover weekend sessions. Our Weekend Traders are not expected to work more hours than a standard schedule—but must be open to including Saturdays and/or Sundays as part of their regular workweek.

Our Weekend Traders are risk managers that help to keep our trading systems and strategies running smoothly, providing critical operational support and maintaining our high-performance algorithmic trading strategies. Duties will include:

  • Supervising and optimizing strategy performance
  • Intraday market and credit risk management
  • Basic back office and site reliability monitoring
  • Communication and coordination with the larger global trading team

Our ideal candidate is dependable, trustworthy and has the confidence to oversee our trading business during atypical working hours. This candidate will also have the opportunity to work closely with software engineers to enhance and further develop the firm's trading strategies. Our Traders not only become experts in trading technology and its interaction with the market, but they also play a crucial role in the evolution of market microstructure and the driving forces behind liquidity. This is an excellent opportunity for the right person to join a collaborative, fast-growing team, while learning trading at a leading market maker.

THE CANDIDATE
  • Bachelor's degree in a quantitative field preferred. Strong graduates will also be considered.
  • 1-3 years' experience working at a financial institution.
  • Prior trading experience is a plus, but not required. Ideal candidate would have a strong interest to learn and grow within a global trading environment.
  • Programming experience is required (Python, SQL, Java or C++).
  • Dependable, trustworthy and highly self-motivated and self-disciplined individual.
  • Outstanding quantitative problem-solving skills and mathematical aptitude.
  • The ability to communicate information precisely and with agility.
  • A physicalizer; a person who identifies issues and creates solutions without rigid direction or fanfare.
  • Open to a work schedule that includes Saturdays and/or Sundays as regular working days.

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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