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Entry Level Algorithmic Trading Quant Jobs (NOW HIRING)

Systematic Index Options Trader

Chicago, IL ยท On-site

$225 - $275/hr

We are looking for an Index Options Low-Latency Execution Quantitative Trader to join our team. IMC ... Specialised in algorithmic trading and advanced technology, we set the pace for the evolution of ...

New

$109K - $149K/yr

Design and develop advanced algorithmic trading systems with a focus on ultra-low-latency execution. * Optimize and enhance existing trading strategies and systems. * Collaborate with quantitative ...

Junior Algorithmic Trader

Chicago, IL ยท On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ...

Junior Algorithmic Trader

Chicago, IL ยท On-site

$69K - $89K/yr

As a Junior Algorithmic Trader, you will have the opportunity to experience relative value ... Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ...

Algorithmic Trading and Market Microstructure You'll learn the end-to-end process of developing an ... A strong quantitative thinker (no specific degree or major is required) * A clear and effective ...

Algorithmic Trading and Market Microstructure You'll learn the end-to-end process of developing an ... A strong quantitative thinker (no specific degree or major is required) * A clear and effective ...

$175 - $250/hr

IMC is highly collaborative between traders, quants, and developers so the scope of responsibility ... Specialised in algorithmic trading and advanced technology, we set the pace for the evolution of ...

$5.0K - $5.8K/wk

Quant Trading Internship Virtu's internship program offers students an extraordinary opportunity to ... algorithmic trading strategies deployed on electronic trading venues around the world. They work ...

Showing results 41-60

Entry Level Algorithmic Trading Quant information

See salary details

$52.5K

$119.2K

$196.5K

How much do entry level algorithmic trading quant jobs pay per year?

As of Aug 20, 2026, the average yearly pay for entry level algorithmic trading quant in the United States is $119,165.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,500.00 and $152,500.00 per year, depending on experience, location, and employer.

What does an entry level algorithmic trading quant do?

An Entry Level Algorithmic Trading Quant is responsible for developing, testing, and implementing mathematical models and computer algorithms to execute trades in financial markets automatically. They analyze large datasets to identify trading opportunities, optimize trading strategies, and manage risks. Typically, they work closely with senior quants, software engineers, and traders to ensure the performance and reliability of trading systems. Their role often includes coding, statistical analysis, and monitoring live trades to ensure algorithms function as intended.

What are the key skills and qualifications needed to thrive as an entry level algorithmic trading quant?

To thrive as an Entry Level Algorithmic Trading Quant, you need strong quantitative skills, programming proficiency (often in Python or C++), and at least a bachelor's degree in a technical field such as mathematics, computer science, or engineering. Familiarity with data analysis tools, financial modeling software, and version control systems like Git is typically required, and knowledge of financial markets or certifications like CFA can be beneficial. Analytical thinking, attention to detail, and effective teamwork are crucial soft skills that set high performers apart. These competencies enable quants to develop robust trading strategies, identify market opportunities, and collaborate efficiently in a high-stakes, fast-paced environment.

What are some common challenges faced by entry level algorithmic trading quants during their first year on the job?

Entry-level algorithmic trading quants often encounter challenges such as adapting to fast-paced environments where quick decision-making and consistent performance are essential. They may need to bridge the gap between academic theory and real-world market behavior, learning to develop, backtest, and refine trading strategies under time constraints. Collaborating with traders, developers, and risk managers is also crucial, requiring strong communication skills to ensure strategies are both technically sound and aligned with business goals. Additionally, staying current with evolving market data and technology platforms is a constant learning curve.

What is the difference between Entry Level Algorithmic Trading Quant vs Quantitative Research Analyst?

AspectEntry Level Algorithmic Trading QuantQuantitative Research Analyst
Required CredentialsBachelor's in Math, CS, or Finance; programming skillsBachelor's or Master's in Math, Stats, or Finance; programming skills
Work EnvironmentTrading firms, hedge funds, financial institutionsResearch labs, financial firms, asset managers
Employer & Industry UsageHigh-frequency trading, algorithmic trading teamsResearch-focused, model development for investments
Comparison Search IntentYesYes

Entry Level Algorithmic Trading Quants focus on developing trading algorithms used in live markets, often working directly with trading desks. Quantitative Research Analysts primarily conduct research to develop models and strategies that inform investment decisions. While both roles require strong quantitative skills and programming knowledge, the Trading Quant emphasizes implementation in trading environments, whereas the Research Analyst emphasizes model development and analysis.

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The top searched job categories for Entry Level Algorithmic Trading Quant jobs are:

Infographic showing various Entry Level Algorithmic Trading Quant job openings in the United States as of August 2026, with employment types broken down into 33% Internship, and 67% Full Time. Highlights an 100% In-person job distribution, with an average salary of $119,165 per year, or $57.3 per hour.

Systematic Index Options Trader

Trading Interview

Chicago, IL โ€ข On-site

$225 - $275/hr

Other

PTO

Posted 2 days ago

New


Job description

We are looking for an Index Options Low-Latency Execution Quantitative Trader to join our team. IMC's Index Options desk is one of the leading electronic liquidity providers in index options markets. Our execution team is responsible for getting IMC into the trades we want to participate in, across a range of mechanisms. Our ultra-low latency infrastructure is best-in-class, and because IMC is highly collaborative between traders, quant researchers, and developers, the scope of this role spans deep trade analysis, execution system improvement, and early ownership of a defined part of the strategy.

Your Core Responsibilities:
  • Drive revenue in low-latency index options trading by building upon and improving our electronic execution systems
  • Deliver high-quality analysis using a variety of datasets, including options pricing, trades data, and exchange feed
  • Dive into specific trade examples to understand the behavior of our systems and those of our competitors, identify anomalies, and quantify opportunities
  • Use backtesting and analysis tools to predict the impact of changes to our execution systems and continuously improve our performance
  • Work collaboratively with traders, quant researchers, and developers to bring ideas from inception to production
  • Take early ownership of a defined area of the strategy, for example a certain exchange or execution type, and grow into setting multi-month improvement plans
Your Skills and Experience:
  • 2+ years of experience in low-latency index options execution, including liquidity providing and taking
  • Strong understanding of exchange microstructure and how automated trading systems interact with exchanges
  • Entrepreneurial mindset with a competitive nature, strong ownership mentality, and a bias toward action
  • Ability to perform efficient analysis on large datasets in Python
  • Preference for relevant tertiary qualifications (graduate or post-graduate) in a quantitative field: mathematics, computer science, statistics, or similar, with strong academic results
  • Strong communicator, able to collaborate effectively across trading, research, and development teams

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.Please visit Benefits - US | IMC Trading for more comprehensive information.

Salary Range

$250,000 โ€” $250,000 USD

About Us

IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, weโ€™ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

For three decades IMC has provided liquidity to the financial markets globally. Specialised in algorithmic trading and advanced technology, we set the pace for the evolution of market making. Cutting-edgeโ€ฆ

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