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Algorithmic Trading Jobs in Dallas, TX (NOW HIRING)

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Algorithmic Trading information

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$74K

$85.2K

$93.4K

How much do algorithmic trading jobs pay per year?

As of Jul 16, 2026, the average yearly pay for algorithmic trading in Dallas, TX is $85,187.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,500.00 and $90,400.00 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.

How to become an algorithmic trader?

To become an algorithmic trader, you should develop strong programming skills in languages like Python or C++, gain knowledge of financial markets and trading strategies, and learn to use trading platforms and data analysis tools. A background in mathematics, statistics, or computer science is often essential, and many traders pursue certifications such as the Chartered Market Technician (CMT) or Financial Risk Manager (FRM). Experience with backtesting and risk management is also important for success in this field.

Is algo trading a good career?

Algorithmic trading is a specialized career that involves developing and implementing automated trading strategies using programming skills, data analysis, and financial knowledge. It can be lucrative and in demand in financial firms, but it requires strong technical expertise, continuous learning, and understanding of market regulations. Success in this field depends on technical proficiency, risk management, and staying updated with market trends.

Who is the richest Algo trader in the world?

Algorithmic trading is a specialized finance role involving the use of algorithms and programming skills to execute trades. While individual net worth is often private, some of the most successful algorithmic traders and quant hedge fund managers, such as Jim Simons, have accumulated significant wealth through quantitative strategies and advanced data analysis. These professionals typically work in high-frequency trading firms or hedge funds and require strong mathematical, programming, and financial skills.

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 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.

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.

Can I make money with algorithmic trading?

Algorithmic trading professionals develop and implement automated trading strategies that can generate profits if the algorithms are well-designed and market conditions are favorable. Success depends on skills in programming, data analysis, and risk management, and consistent profitability is not guaranteed. Many traders experience both gains and losses, and ongoing testing and optimization are essential for potential profitability.

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.
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What cities near Dallas, TX are hiring for Algorithmic Trading jobs? Cities near Dallas, TX with the most Algorithmic Trading job openings:
Senior Lead Software Engineer - Java/Algo Trading

Senior Lead Software Engineer - Java/Algo Trading

JPMorgan Chase & Co.

Plano, TX • On-site

$147K - $225K/yr

Full-time

Medical, Retirement

Posted 3 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 491 frontline employees who took The Breakroom Quiz

58th of 149 rated banks


Job description


Be an integral part of an agile team that's constantly pushing the envelope to enhance, build, and deliver top-notch technology products.
As a Senior Lead Software Engineer at JPMorgan Chase within the Commercial and Investment Bank, specifically in the Markets Technology, Options Algorithmic trading sub-line of business, you are an integral part of an agile team that works to enhance, build, and deliver trusted market-leading technology products in a secure, stable, and scalable way. Your technical prowess and problem-solving abilities will be put to use to tackle a variety of challenges across different technologies and applications.
As part of the Electronic Trading Technology (ETT) team, your responsibilities will include the development and upkeep of the robust technology infrastructure that underpins our electronic trading activities. This will involve the design and execution of systems for order management, trade execution, market data processing, and risk management. Within the ETT, you will be a member of the Options Algorithmic Trading team, focusing on the development and refinement of algorithmic trading engines specifically for options instruments, driving significant business impact through your capabilities and contributions, and apply deep technical expertise and problem-solving methodologies to tackle a diverse array of challenges that span multiple technologies and applications.
Job responsibilities
  • Develops secure and high-quality production code, and reviews and debugs code written by others
  • Execute creative software solutions, design, development, and technical troubleshooting with the ability to think beyond routine or conventional approaches to build solutions or break down technical problems
  • Drives adoption and governance of approved AI-assisted engineering practices across teams to improve code quality, delivery speed, and operational outcomes (e.g., AI-assisted code review/refactoring, test acceleration, release readiness, incident/root-cause analysis), while establishing measurable validation standards (secure coding peer review, automated testing) and promoting reuse of proven patterns and automation within the SDLC/TLM toolchain
  • Applies knowledge of tools within the Software Development Life Cycle toolchain, including approved AI-assisted development and automation capabilities, to improve the value realized by automation at scale
  • Regularly provides technical guidance and direction to support the business and its technical teams, contractors, and vendor
  • Collaborate with the product team to translate trading strategies into efficient and scalable algorithms
  • Continuously improve and refactor existing codebases to enhance performance, implement comprehensive testing, and ensure the reliability of trading systems
  • Design and implement algorithmic trading strategies, focusing on optimizing execution and performance in a low-touch trading environment
  • Serves as a function-wide subject matter expert in one or more areas of focus and drives decisions influencing product designs, application functionality, and technical operations and processes
  • Actively contributes to the engineering community as an advocate of firmwide frameworks, tools, and practices of the Software Development Life Cycle
  • Influences peers and project decision-makers to consider the use and application of leading-edge technologies
  • Adds to the team culture of diversity, opportunity, inclusion, and respect

Required qualifications, capabilities, and skills
  • Formal training or certification on software engineering concepts and 5+ years applied experience. In addition, 2 + years of experience leading technologists to manage and solve complex technical items within your domain of expertise
  • Hands-on practical experience delivering system design, application development, testing, and operational stability
  • Advanced in one or more programming language(s) (i.e. Java - with strong understanding of data structures, algorithms, and multi threading in Java)
  • Demonstrated experience leading effective use of enterprise-authorized AI-assisted software development tools within the work environment (e.g., for coding, code review, test acceleration, troubleshooting) with the ability to set team expectations for validating AI outputs for correctness, performance, and security
  • Strong understanding of responsible AI use in engineering workflows, including data sensitivity considerations, secure handling of inputs/outputs, and adherence to resiliency and security expectations; experience coaching senior engineers/leads on compliant usage patterns and controls
  • Experience with algorithmic trading systems and familiarity with trading protocols such as FIX
  • Practical experience with performance optimization and low-touch system design
  • Familiarity with financial markets and trading concepts, particularly in equities and options
  • Advanced knowledge of software applications and technical processes with considerable in-depth knowledge in one or more technical disciplines (e.g., cloud, artificial intelligence, machine learning, mobile, etc.)
  • Ability to tackle design and functionality problems independently with little to no oversight
  • Practical cloud native experience
  • Experience in Computer Science, Computer Engineering, Mathematics, or a related technical field

Preferred qualifications, capabilities, and skills
  • Experience in designing and implementing high-performance, low-touch trading systems. Familiarity with financial data feeds and market data integration, ensuring efficient data handling and processing in trading systems.
  • Ability to troubleshoot complex software issues and optimize application performance and reliability.
  • Experience with messaging systems such as AMPS or Kafka, particularly in the context of real-time data streaming and processing.
  • Experience with Cucumber for behavior-driven development (BDD) and testing, particularly in Java environments.
  • Experience with automation tools and scripting languages (e.g., Python, Shell) to streamline testing and reporting.
  • Proficiency in working with Linux operating systems, including scripting and basic administration tasks relevant to trading systems.
  • Familiarity with monitoring and logging tools such as Grafana or Splunk for application performance and system health monitoring

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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