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Associate Trader Jobs in Elgin, IL (NOW HIRING)

Trading Associate

Chicago, IL · Hybrid

$100K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Trading Associates are encouraged to explore their own interests in both automated and discretionary trading, allowing them to take ownership over their career path. Basic Training * Pass the Series ...

New

Quantitative Trader

Chicago, IL · On-site

$150K - $200K/yr

During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the intricacies of each step of the trade flow process, eventually integrating into ...

Quantitative Trader (Multi-Asset - Chicago)

Chicago, IL · On-site

$100K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management ...

Trading Associate - 2027

Chicago, IL · On-site

$100K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

PEAK6 Capital Management Trading Associate Headquartered in the historic Chicago Board of Trade, PEAK6 Capital Management is a proprietary options trading firm that has been defining the industry for ...

New

Quantitative FX Trader

Chicago, IL · On-site

$150K - $225K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the ...

Quantitative Trader - Futures

Chicago, IL · On-site

$150K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ...

Showing results 21-40

Associate Trader information

See Elgin, IL salary details

$9

$18

$31

How much do associate trader jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for associate trader in Elgin, IL is $18.80, according to ZipRecruiter salary data. Most workers in this role earn between $14.95 and $19.95 per hour, depending on experience, location, and employer.

What are some common challenges associate traders face when adapting to fast-paced market conditions?

Associate Traders often work in environments where market conditions shift rapidly, requiring quick decision-making and the ability to process large amounts of information under pressure. One challenge is staying updated with constantly changing regulations and trading platforms, while maintaining accuracy in high-stakes situations. Effective communication with senior traders and other team members is also essential, as collaboration helps mitigate risks and seize opportunities promptly. Developing a disciplined approach to risk management and learning from experienced colleagues can help new Associate Traders thrive in this dynamic role.

What is an associate trader?

Associate Traders are entry- to mid-level professionals who assist in buying and selling financial securities, such as stocks, bonds, or derivatives, on behalf of clients or firms. They support senior traders with market analysis, trade execution, and monitoring of trading positions. Associate Traders also help manage risk, ensure compliance with regulations, and may interact with clients to relay information. This role is often a stepping stone to becoming a full trader and requires strong analytical skills, attention to detail, and a good understanding of financial markets.

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

To thrive as an Associate Trader, you need strong quantitative and analytical skills, a bachelor's degree in finance, economics, or a related field, and a solid understanding of financial markets. Proficiency in trading platforms like Bloomberg Terminal, Excel, and familiarity with programming languages such as Python is highly beneficial. Attention to detail, quick decision-making, and effective communication are standout soft skills in this role. These capabilities enable accurate trade execution, efficient risk management, and strong collaboration in high-pressure, fast-paced trading environments.

What are the most commonly searched types of Trader jobs in Elgin, IL?

The most popular types of Trader jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Associate Trader jobs?

Cities near Elgin, IL with the most Associate Trader job openings:

Infographic showing various Associate Trader job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 28% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $39,095 per year, or $18.8 per hour.

Associate, Trading Operations - Digital Assets

Fidelity Investments

Chicago, IL • On-site

$60K - $115K/yr

Full-time

Medical, Retirement, PTO

Posted 7 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 271 frontline employees who took The Breakroom Quiz

15th of 150 rated financial services


Job description


Note: Fidelity is not providing immigration sponsorship for this position
The Role
Reporting to the VP of Investment Operations, the Associate supports Fidelity Digital Asset Management (FDAM) by performing the day-to-day operations of digital asset investment products. In this diverse role, the associate will interact with the front office, business partners, fund administrators, investment professionals, software engineers, trading counterparties, and external vendors and will perform activities that reach across each of these domains. This person will support the investment lifecycle and associated processes, coordinate the flow of funds into/out of investment products, and ensure operational risks and controls are appropriately aligned.
The Expertise and Skills You Bring
  • 2-4 years of shown experience in financial services, preferably in investment operations, trade operations, or back/middle office operations; prior cryptocurrency experience a plus
  • Bachelor's degree required; emphasis on business and/or financial services preferred
  • Foundational understanding of financial services back, middle, and front office operations
  • Quality delivery and execution; attention to detail is paramount
  • Strong communication and interpersonal skills with the ability to collaborate optimally
  • Experience working in a fast paced, multifaceted asset management environment
  • Desire to work alongside investment professionals and senior leaders
  • Strong analytical mentality; critical problem solver
  • Ability to complete operational processes
  • Forward thinking and identifying improvements and ways to reduce operational risk
  • Bold, ambitious, and entrepreneurial spirit
  • Strong interest in cryptocurrency

The Team
Fidelity Digital Asset Management [FDAM] is building an investment platform offering digital asset products and services designed to meet the growing needs of Fidelity's retail customers and intermediary and institutional clients. The Investment Operations team is a highly collaborative group working on projects across the FDAM organization to enable new operational capabilities and product launches.
Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
The base salary range for this position is $60,000-115,000 USD per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Certifications:
Category:
Investment Operations

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