Trader, Brokerage
$116K - $197K/yr
Execute institutional equity orders across market conditions while adhering to client instructions and best execution standards. * Determine appropriate execution strategies, broker selection, and ...
$116K - $197K/yr
Execute institutional equity orders across market conditions while adhering to client instructions and best execution standards. * Determine appropriate execution strategies, broker selection, and ...
$116K - $197K/yr
Execute institutional equity orders across market conditions while adhering to client instructions and best execution standards. * Determine appropriate execution strategies, broker selection, and ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
New York, NY · On-site
$140K - $250K/yr
Electronic Trading Risk Management (ETRM) is a front-office team within Morgan Stanley's Institutional Equity Division (IED) responsible for managing the risks associated with electronic trading of ...
New York, NY · On-site
$140K - $250K/yr
Electronic Trading Risk Management (ETRM) is a front-office team within Morgan Stanley's Institutional Equity Division (IED) responsible for managing the risks associated with electronic trading of ...
Your skills and experience • ideally 3-7+ years of institutional equity trading experience • strong knowledge of US equity markets, market structure, electronic trading, and liquidity venues • ...
Your skills and experience • ideally 3-7+ years of institutional equity trading experience • strong knowledge of US equity markets, market structure, electronic trading, and liquidity venues • ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
New York, NY · On-site
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
New York, NY · On-site
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
New York, NY · On-site +1
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
New York, NY · On-site +1
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
New York, NY · On-site
$80K - $120K/yr
The Role We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity ... The Team Fidelity Capital Markets (FCM) is the institutional trading arm of Fidelity Investments ...
New York, NY · On-site
$80K - $120K/yr
The Role We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity ... The Team Fidelity Capital Markets (FCM) is the institutional trading arm of Fidelity Investments ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
New York, NY · On-site
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
Quick apply
New York, NY · On-site
We combine startup agility with institutional-grade experience in proprietary trading, technology, and quantitative finance. Role Overview As an Equity Options Trader at G-20, you will be responsible ...
Chicago, IL · On-site
$150K - $250K/yr
Build and maintain relationships with brokers, institutional counterparties and liquidity providers ... trading listed equity index options. * Strong understanding of: * Equity index options pricing
Chicago, IL · On-site
$150K - $250K/yr
Build and maintain relationships with brokers, institutional counterparties and liquidity providers ... trading listed equity index options. * Strong understanding of: * Equity index options pricing
$150K - $250K/yr
Build and maintain relationships with brokers, institutional counterparties and liquidity providers ... trading listed equity index options. * Strong understanding of: * Equity index options pricing
$150K - $250K/yr
Build and maintain relationships with brokers, institutional counterparties and liquidity providers ... trading listed equity index options. * Strong understanding of: * Equity index options pricing
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Our client base is comprised of institutional investors across the globe, including public ... Equity, Foreign Exchange, Synthetic and Options. These orders will span; the Emerging & Developed ...
Boston, MA · On-site
$80K - $120K/yr
The Role We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity ... The Team Fidelity Capital Markets (FCM) is the institutional trading arm of Fidelity Investments ...
Boston, MA · On-site
$80K - $120K/yr
The Role We are seeking an equity trader to join the US Cash Equity Trading team within Fidelity ... The Team Fidelity Capital Markets (FCM) is the institutional trading arm of Fidelity Investments ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
Overview & Placement Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The ...
$50K - $59.1K
16% of jobs
$59.1K - $68.2K
2% of jobs
$68.2K - $77.3K
0% of jobs
$77.3K - $86.4K
5% of jobs
$88.1K is the 25th percentile. Wages below this are outliers.
$86.4K - $95.5K
9% of jobs
The median wage is $101.6K / yr.
$95.5K - $104.5K
27% of jobs
$104.5K - $113.6K
4% of jobs
$118.2K is the 75th percentile. Wages above this are outliers.
$113.6K - $122.7K
24% of jobs
$122.7K - $131.8K
4% of jobs
$131.8K - $140.9K
1% of jobs
$140.9K - $150K
7% of jobs
$50K
$105.8K
$150K
An Institutional Equity Trader executes large stock trades on behalf of institutional clients such as mutual funds, hedge funds, and pension funds. They analyze market trends, monitor trading activities, and ensure best execution while minimizing market impact. They often work closely with portfolio managers, analysts, and sales teams to implement trading strategies. Strong analytical skills, market knowledge, and the ability to make quick decisions under pressure are essential for success in this role.
A typical day for an Institutional Equity Trader involves monitoring global equity markets, executing large buy and sell orders on behalf of institutional clients, and staying updated on market news and trends that impact trading strategies. You’ll coordinate closely with portfolio managers to align trading activity with investment goals, negotiate with brokers to secure the best prices, and manage trade risks in real time. The environment is fast-paced, requiring quick decision-making and adaptability to ever-changing market conditions. Collaboration with other trading desk members and support teams is also key to ensuring smooth trade settlement and compliance.
To thrive as an Institutional Equity Trader, you need strong quantitative and analytical skills, a deep understanding of financial markets, and a relevant degree in finance, economics, or a related field. Familiarity with trading platforms such as Bloomberg Terminal, OMS/EMS systems, and certifications like FINRA Series 7 and 63 are often required. Exceptional communication, decision-making under pressure, and the ability to collaborate with portfolio managers and sales teams set top performers apart. These skills and qualifications are critical for managing large-volume trades efficiently, minimizing risk, and capitalizing on market opportunities for institutional clients.
Cities with the most Institutional Equity Trader job openings:
States with the most job openings for Institutional Equity Trader jobs include:
For Institutional Equity Trader jobs, the most frequently searched job titles are:

Chicago, IL
$116K - $197K/yr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 17 days ago
8.2
Based on 27 frontline employees who took The Breakroom Quiz
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Trader, Brokerage
Job Summary
The Trader is responsible for executing and overseeing institutional equity trading activity across the Americas.
The role requires sound execution judgment, a strong understanding of market structure, and the ability to operate effectively within established best execution, risk, and control frameworks.
The Trader works closely with portfolio managers, trading colleagues, and sales traders to deliver high-quality execution outcomes while maintaining a disciplined focus on risk management, operational excellence, and regulatory compliance.
Major Duties
Execute institutional equity orders across market conditions while adhering to client instructions and best execution standards.
Determine appropriate execution strategies, broker selection, and algorithm usage based on liquidity, market conditions, and trading objectives.
Partner with portfolio managers, investment teams, and regional trading desks to ensure seamless trade flow and clear communication throughout the trading lifecycle.
Monitor execution quality, identify risks, market developments, and operational issues, and escalate concerns as appropriate.
Operate within established trading limits, entitlements, and control frameworks while maintaining compliance with firm policies and regulatory requirements.
Support audit, compliance, and regulatory reviews through accurate documentation of trading decisions, execution rationale, and outcomes.
Utilize pre trade and post-trade transaction cost analysis, along with other execution analytics, to inform trading decisions and evaluate execution performance.
Improve trading workflows, controls, processes, and technology that support execution quality and operational effectiveness.
Maintain productive relationships with brokers, counterparties, and internal stakeholders to support execution and market intelligence gathering.
Communicate execution strategies, market insights, and trading outcomes to internal and external stakeholders.
Knowledge, Skills, and Experience
Bachelor's degree or equivalent experience.
Minimum 3 years of institutional equity trading, sales trading, or related buy side or sell side market experience.
CFA, MBA, or other advanced credentials are preferred. Experience with trading data, analytics, and execution technology is also preferred.
FINRA Series 7, 57, and 63 licenses required.
Strong understanding of equity market structure, liquidity dynamics, execution venues, and algorithmic trading strategies.
Demonstrated ability to manage order flow and make sound execution decisions in fast changing markets.
Proven commitment to best execution, risk management, and operational discipline.
Strong communication and relationship management skills, with the ability to interact effectively with institutional clients and internal stakeholders.
Experience utilizing execution analytics and transaction cost analysis to evaluate trading outcomes and support decision making.
#LI-MG1
#Hybrid
Salary Range:
$116,100 - 197,300 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
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