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Arbitrage Trader Jobs (NOW HIRING)

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn ...

ExxonMobil

Trader - Distillate

Spring, TX · On-site

Identify value opportunities in blending, storage, arbitrage, and freight. * Ensure strict ... Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.). * Deep understanding of ...

ExxonMobil

Trader - Distillate

Spring, TX · On-site

Identify value opportunities in blending, storage, arbitrage, and freight. * Ensure strict ... Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.). * Deep understanding of ...

Iberdrola

Trader, Real Time

Portland, OR · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions ... Trade physical power across the eastern US to maximize profitability * Purchase transmission as ...

New

ExxonMobil

Trader - Distillate

Spring, TX · On-site

Identify value opportunities in blending, storage, arbitrage, and freight. * Ensure strict ... Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.). * Deep understanding of ...

Iberdrola

Real Time Trader

Portland, OR · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions ... Trade physical power across the eastern US to maximize profitability * Purchase transmission as ...

Iberdrola

Real Time Trader

Portland, OR · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions ... Trade physical power across the eastern US to maximize profitability * Purchase transmission as ...

Iberdrola

Trader, Real Time

Portland, OR · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

Capture of real-time arbitrage opportunities and manage day-ahead and real-time transactions ... Trade physical power across the eastern US to maximize profitability * Purchase transmission as ...

New

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All JobsArbitrage Trader Jobs

Arbitrage Trader information

See salary details

$39.5K

$96.8K

$269.5K

How much do arbitrage trader jobs pay per year?

As of Aug 13, 2026, the average yearly pay for arbitrage trader in the United States is $96,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,500.00 and $105,500.00 per year, depending on experience, location, and employer.

How much do arbitrage traders make?

Arbitrage traders' earnings vary widely based on experience, trading volume, and market conditions. Typically, they can earn from a few thousand dollars per month to six-figure annual incomes for successful professionals using advanced tools and strategies. Compensation often includes base salary, commissions, or profit sharing depending on the trading setup.

What does an arbitrage trader do?

An Arbitrage Trader identifies and exploits price discrepancies of assets across different markets to generate risk-free profits. They use advanced mathematical models, trading algorithms, and real-time data analysis to execute trades quickly before price differences disappear. This role requires strong quantitative skills, market knowledge, and the ability to act swiftly in fast-moving financial environments.

How do you become an arbitrage trader?

To become an arbitrage trader, you typically need a strong understanding of financial markets, trading platforms, and risk management. Gaining experience through trading simulations or internships, developing analytical skills, and obtaining relevant certifications such as the Series 7 or Series 63 can also be beneficial. Successful arbitrage traders often work in fast-paced environments and use specialized software to identify price discrepancies across markets.

What are the key skills and qualifications needed to thrive as an arbitrage trader?

To excel as an Arbitrage Trader, you need strong analytical abilities, quantitative skills, a solid understanding of financial markets, and a relevant degree such as finance, economics, or mathematics. Familiarity with algorithmic trading platforms, programming languages like Python or R, and certifications such as CFA can be highly beneficial. Attention to detail, resilience under pressure, and effective decision-making set top performers apart in this field. These skills are crucial for quickly identifying discrepancies, managing risk, and executing trades efficiently in fast-moving markets.

What does a typical day look like for an arbitrage trader?

A typical day for an Arbitrage Trader involves monitoring multiple markets for price discrepancies, developing and testing trading strategies, and rapidly executing trades to capitalize on opportunities. Traders often collaborate with quantitative analysts, software developers, and risk managers to refine their models and ensure trades align with firm guidelines. The role is fast-paced and demands continuous learning to adapt to changing market conditions. Daily responsibilities may also include reviewing trading performance, updating risk parameters, and staying informed about economic events that could impact pricing.

More about Arbitrage Trader jobs
What cities are hiring for Arbitrage Trader jobs? Cities with the most Arbitrage Trader job openings:
What are the most commonly searched types of Arbitrage Trader jobs? The most popular types of Arbitrage Trader jobs are:
What states have the most Arbitrage Trader jobs? States with the most job openings for Arbitrage Trader jobs include:
What job categories do people searching Arbitrage Trader jobs look for? The top searched job categories for Arbitrage Trader jobs are:
Arbitrage Trader jobs near you
Infographic showing various Arbitrage Trader job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $96,774 per year, or $46.5 per hour.

Junior Algorithmic Trader

TransMarket Group

Chicago, IL • On-site

$69K - $89K/yr

Full-time

Posted 10 days ago

Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • Work with Senior Algorithmic Traders to assist and learn all facets of automated trading
  • Develop expertise in market microstructure, tick data, and automated trading systems
  • Learn and master object-oriented programming languages (C++ and Python)
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027 or 1-2 years pertinent industry experience 
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred 
  • Proficiency and experience in Linux scripting are a plus
  • Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to prepare for the interview process

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