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Associate Trader Jobs in Elgin, IL (NOW HIRING)

Old Mission

Quantitative FX Trader

Chicago, IL · On-site

$150K - $225K/yr

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 ...

PPM America

Trading Associate, PPM

Chicago, IL · On-site

$93K - $104K/yr

Job Purpose The Fixed Trading Associate supports Traders in their day-to-day activities. This includes all trade processing, as well as generating various reports. Essential Responsibilities

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · Hybrid

$48.08 - $62.50/hr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

Peak6 Investments LLC

Trading Associate - 2027

Chicago, IL · Hybrid

$100K - $125K/yr

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 ...

PEAK6

Trading Associate 2027

Chicago, IL · On-site

$100K - $125K/yr

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 ...

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Showing results 41-60

All JobsAssociate Trader JobsAssociate Trader Jobs in Elgin, IL

Associate Trader information

See Elgin, IL salary details

$9

$18

$31

How much do associate trader jobs pay per hour?

As of Sep 4, 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 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 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 does an associate trader do?

An associate trader supports senior traders by executing trades, analyzing market data, and monitoring financial positions. They often use trading platforms and require strong analytical skills, attention to detail, and knowledge of financial markets. The role typically involves working in a fast-paced environment with a focus on risk management and compliance.

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:

Associate Trader jobs near you
Infographic showing various Associate Trader job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 28% Part Time, 3% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $39,095 per year, or $18.8 per hour.

Trading Associate-Leverage

Tidal Financial Group

Oak Brook, IL • On-site

$85K - $110K/yr

Full-time

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
About the role
We are seeking a skilled Leverage Trading Associate responsible for the implementation and management of various leveraged Exchange-Traded Funds (ETF). This role requires a deep understanding of financial markets, strong analytical skills, and an ability to manage portfolios within a fast-paced environment. The ETF Portfolio Management team provides portfolio management and execution services for ETF issuers. This position will closely be involved with day-to-day portfolio management functions of leveraged ETFs.
The ideal candidate will have a strong understanding of equities, options, and other derivatives. This role requires using Bloomberg and other institutional trading platforms. A background in financial services and back/middle office operations is preferred.
What you'll do
  • Execute and manage trades across equities, options, and swaps.
  • Execute day-to-day duties in the operations of the Trading Team, including but not limited to trade allocation, position settlement, and reconciliation of all trading.
  • Utilize Bloomberg or other institutional trading platforms for efficient trade execution.
  • Working closely with Prime Brokers and Market Makers to ensure trading best execution and fund efficiencies.
  • Stay updated with market trends, economic developments, and trading strategies.
  • Accountable for performance and adherence to fund objectives and delivering superior returns against direct competitors.
  • Strong familiarity with Microsoft Excel and other Office applications.
  • Partner with Investment/Portfolio Management team to continually improve and enhance the trading process and procedures.
  • Work closely with our Operations Team to understand their needs and to build solutions that enable them to execute transactions and other operational processes effectively.
  • A relentless focus on quality and ability to produce accurate information independently without extensive support/QA from others.
  • Continually analyzing, reviewing and improving our operations and service as the trading business evolves.
  • The individual will be expected to interact and build strong relationships with stakeholders.

Qualifications
  • Bachelor's degree, preferably business or quantitative discipline related, or relevant experience.
  • Minimum 3+ years of experience (or more) in trading equities, options, and fixed income, with a strong emphasis on option trading.
  • Institutional/RIA trading experience.
  • Proficiency with Bloomberg or similar institutional trading platforms.
  • Strong understanding of financial markets and trading strategies.
  • Excellent communication and customer service skills.
  • Ability to work in a fast-paced and dynamic environment.
  • Demonstrated history of solving complex problems.
  • Proficient with MS Office Suite.
  • Very high level of competency in Excel.

Preferred Qualifications
  • Experience with trading platforms, order management systems (OMS), and post-trade processing.
  • Proximity to Chicago and New York preferred
  • Experience working for a firm that manages 40 Act products.
  • Familiarity with regulatory requirements related to trading activities.
  • Experience working in a fast-paced, deadline-driven environment.

We are prioritizing candidates who are located within proximity to Chicago, IL; New York, NY, Milwaukee, WI, and Omaha, NE.
The pay range for this role is:
85,000 - 110,000 USD per year (Oak Brook, IL)
85,000 - 120,000 USD per year (New York, NY)

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