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Arbitrage Trading Jobs (NOW HIRING)

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... 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 ...

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... 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 ...

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... 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 ...

$180 - $300/hr

... arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust ...

New

... arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust ...

Senior Algorithmic Trader

Chicago, IL · On-site

$180 - $300/hr

... arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust ...

New

... arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust ...

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Arbitrage Trading information

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$36

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How much do arbitrage trading jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for arbitrage trading in the United States is $36.54, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $46.15 per hour, depending on experience, location, and employer.

What is arbitrage trading?

An Arbitrage Trading job involves identifying and capitalizing on price differences of assets across different markets to make risk-free profits. Traders use advanced algorithms, data analysis, and financial models to execute trades quickly before the price disparity disappears. This role requires knowledge of financial markets, trading platforms, and sometimes programming skills. Arbitrage traders may work for hedge funds, proprietary trading firms, or financial institutions, leveraging strategies such as spatial, statistical, or triangular arbitrage.

What are the key skills and qualifications needed to thrive in arbitrage trading?

To excel in Arbitrage Trading, a solid understanding of financial markets, quantitative analysis, and strong mathematical skills are typically required, often backed by a degree in finance, economics, mathematics, or a related field. Expertise in trading platforms, statistical modeling software, and programming languages like Python or R, as well as relevant certifications such as CFA or FRM, are commonly beneficial. Strong attention to detail, quick decision-making, and effective communication skills help traders navigate rapid market changes and coordinate with team members. These abilities are critical for identifying and executing profitable trades while managing risk in a fast-paced, dynamic environment.

What are the typical challenges faced in arbitrage trading?

Arbitrage trading professionals often contend with highly competitive and rapidly changing markets, where opportunities can disappear within seconds. Staying ahead requires constant monitoring of market data, swiftly analyzing price discrepancies, and executing trades with precision under considerable time constraints. Additionally, managing risk and ensuring regulatory compliance are ongoing responsibilities, given the complexity of financial instruments and evolving market rules. Collaborating effectively with analysts, developers, and other traders is also essential to stay at the forefront of market trends and technological advancements.

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What are the most commonly searched types of Arbitrage Trading jobs?

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Infographic showing various Arbitrage Trading 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 $76,005 per year, or $36.5 per hour.

Event Driven & Arbitrage Desk Analyst

Data Analysis Incorporated

Manhattan, NY • On-site

Full-time

Posted 7 days ago


Job description

About Us
William O'Neil + Co. Incorporated (WON) is an independent advisory firm providing U.S. and international equity research recommendations to many of the world's top institutional fund managers. William O'Neil + Co.'s recommendations draw from a rich history of more than 55 years of equity research experience using the O'Neil Methodology, a unique combination of fundamental and technical analysis proven over the past half-century to identify outperformers in the stock market. William O'Neil + Co. developers and analysts conceptualize, model, and integrate unique quantitative research discoveries into William O'Neil + Co.'s historic database and PANARAY® research platform. William O'Neil + Co. is regulated by the Securities and Exchange Commission, The Financial Conduct Authority, and the State of California.
Summary
The Event Driven & Arbitrage Desk Analyst will be responsible for producing high-quality event-driven investment content and actionable trade ideas focused on merger arbitrage, special situations, corporate actions, and other event-driven opportunities. The Strategist will play a key role in analyzing transactions and market developments, translating those insights into actionable ideas for institutional clients, and partnering closely with the Event & Arbitrage Trading team and client-facing teams to communicate and refine investment strategies.
Duties and Responsibilities
  • Develop and publish insightful event-driven and arbitrage content based on corporate transactions, market developments, and investment themes.
  • Identify and analyze opportunities across merger arbitrage, special situations, restructurings, spin-offs, tender offers, and other corporate events.
  • Evaluate transaction structures, deal terms, potential catalysts, risks, and market dynamics to support actionable investment ideas.
  • Develop investment frameworks and analytical methodologies for assessing event-driven opportunities.
  • Monitor corporate actions, regulatory developments, transaction updates, and market conditions that may affect investment outcomes.
  • Collaborate closely with Event & Arbitrage traders, sales teams, research teams, and clients to communicate and refine trade ideas.
  • Participate in client meetings and marketing efforts to discuss event-driven strategies, investment opportunities, and relevant market developments.
  • Provide strategic perspectives on portfolio construction, risk considerations, and positioning within event-driven opportunities.
  • Maintain a deep understanding of equity markets, corporate transactions, and event-driven investing to support ongoing idea generation.

Qualifications & Requirements
Required Education, Experience, Certification/Licensure
  • Strong background in finance, economics, business, or a related field.
  • Proven experience in event-driven investing, merger arbitrage, special situations, equity research, investment strategy, or related buy-side or sell-side roles.
  • Strong understanding of corporate actions, transaction structures, capital markets, and event-driven investment strategies.
  • Strong financial modeling, valuation, and investment analysis capabilities.

Preferred Education, Experience, Certification/Licensure
  • Advanced degree and/or CFA is a plus.

KNOWLEDGE, SKILLS AND ABILITIES (KSAS)
  • Ability to evaluate investment opportunities through both return-potential and risk-oriented frameworks.
  • Excellent analytical, writing, and presentation skills.
  • Ability to communicate complex investment ideas clearly and effectively with both internal teams and institutional clients.
  • Strong attention to market developments and the ability to adjust investment views as transaction facts and market conditions evolve.
  • Proficiency with market data platforms, financial modeling tools, and data analytics software.

Working Conditions
Must be able to perform the essential job duties. Work is performed primarily in an office environment. Typically requires the ability to sit for extended periods of time (66%+ each work day), ability to hear the telephone, ability to enter data on a computer and may also require the ability to lift up to 10 pounds.
Equal Opportunity Employer
William O'Neil + Co. Incorporated is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.