ZipRecruiter

Log In

1

Internship Algorithmic Trading Programmer Jobs in Chicago, IL

Anson McCade

Index Trader

Chicago, IL · On-site

Their team spans trading, engineering, and business operations, working together to build and ... algorithmic trading models from ideation through production deployment • Analyze market ...

DV Trading

Software Developer (Chicago)

Chicago, IL · On-site

We are seeking a highly motivated, quick-learning developer for our algorithmic software ... Interest in algorithmic trading * Experience doing highly performant, low-level C++ work Benefits:

Eagle Seven

Junior Trader

Chicago, IL · On-site

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

Eagle Seven

Junior Trader

Chicago, IL · On-site

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

Eagle Seven

Junior Trader

Chicago, IL · On-site

Executing algorithmic trading strategies in accordance with the trading desk's objectives ... Bachelor's degree in business/finance, statistics, mathematics, engineering, or related field * 0-2 ...

DV Trading

Software Developer (Chicago)

Chicago, IL · On-site

$150K - $250K/yr

We are seeking a highly motivated, quick-learning developer for our algorithmic software ... Interest in algorithmic trading * Experience doing highly performant, low-level C++ work Benefits:

DV Trading

Software Developer (Chicago)

Chicago, IL

$150K - $250K/yr

We are seeking a highly motivated, quick-learning developer for our algorithmic software ... Interest in algorithmic trading * Experience doing highly performant, low-level C++ work Benefits:

SG Cap Trading

Junior Trader

Chicago, IL · On-site

$69K - $89K/yr

Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit quickly accumulates to hard working detail-oriented problem solvers with immediate exposure to profit ...

SG Cap Trading

Junior Trader

Chicago, IL · On-site

$69K - $89K/yr

Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit quickly accumulates to hard working detail-oriented problem solvers with immediate exposure to profit ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Operating grey and black box algorithmic trading strategies in accordance with the trading desk ... Work closely with strategy developers in order to communicate and propose certain strategy specific ...

RBN Chicago

Lead Software Engineer

Chicago, IL · On-site

Company Description Our client has been at the forefront of algorithmic trading since its founding ... Hire, mentor and manage software engineers and interns from the Computer Science department ...

RBN

Lead Software Engineer

Chicago, IL

Company Description Our client has been at the forefront of algorithmic trading since its founding ... Hire, mentor and manage software engineers and interns from the Computer Science department ...

Sunrise Futures, LLC

Software Developer

Chicago, IL · On-site

Designing and implementing high-quality software solutions used for algorithmic trading, exchange ... Programming skills and understanding of general programming concepts such as OOP and data ...

previous pagenext page

Showing results 21-40

All JobsAlgorithmic Trading Programmer JobsInternship Algorithmic Trading Programmer JobsInternship Algorithmic Trading Programmer Jobs in Chicago, IL

Internship Algorithmic Trading Programmer information

See Chicago, IL salary details

$17

$37

$54

How much do internship algorithmic trading programmer jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for internship algorithmic trading programmer in Chicago, IL is $37.99, according to ZipRecruiter salary data. Most workers in this role earn between $31.44 and $44.57 per hour, depending on experience, location, and employer.

What types of projects and tasks can I expect to work on as an internship algorithmic trading programmer?

As an Internship Algorithmic Trading Programmer, you can expect to work on tasks such as coding and backtesting trading algorithms, analyzing financial market data, and optimizing strategies for performance. Interns often collaborate closely with quantitative analysts and senior developers, learning industry-standard tools and platforms. Your daily responsibilities may include debugging code, running simulations, and documenting your findings. This hands-on experience provides excellent exposure to the fast-paced trading environment and is a valuable stepping stone to full-time roles in quantitative finance.

What is an internship algorithmic trading programmer?

Internship Algorithmic Trading Programmers are students or early-career professionals who work as interns in financial firms to help develop, test, and implement automated trading strategies using programming and quantitative analysis. They typically work under the supervision of experienced traders or quantitative analysts, using programming languages like Python, C++, or Java to code algorithms that trade financial instruments. These internships provide valuable hands-on experience in financial markets, algorithm development, and risk management, helping interns build the skills needed for a career in quantitative finance or trading technology.

What is the difference between Internship Algorithmic Trading Programmer vs Quantitative Trading Intern?

AspectInternship Algorithmic Trading ProgrammerQuantitative Trading Intern
Required CredentialsBasic programming skills, coursework in algorithms or financeStrong math, statistics, or finance background
Work EnvironmentDeveloping trading algorithms, coding, testing strategiesData analysis, model development, research
Industry UsageCommon in trading firms, hedge funds, investment banksSimilar, often overlapping roles in finance firms

Both roles involve finance and programming, but the Internship Algorithmic Trading Programmer focuses more on coding and implementing trading algorithms, while the Quantitative Trading Intern emphasizes data analysis and quantitative research. The roles are closely related and often overlap in industry usage.

What are the key skills and qualifications needed to thrive as an internship algorithmic trading programmer, and why are they important?

To thrive as an Internship Algorithmic Trading Programmer, you need strong programming skills (typically in Python, C++, or Java), a solid grasp of algorithms, and foundational knowledge in mathematics or finance, often supported by ongoing studies in computer science, engineering, or related fields. Familiarity with version control systems (like Git), data analysis tools (such as Pandas or NumPy), and exposure to trading platforms or APIs is advantageous. Analytical thinking, attention to detail, and effective communication are crucial soft skills for collaborating with teams and troubleshooting complex problems. These skills ensure the development of robust, efficient trading algorithms and contribute to the competitiveness and reliability of trading strategies.
What are the most commonly searched types of Algorithmic Trading Programmer jobs in Chicago, IL? The most popular types of Algorithmic Trading Programmer jobs in Chicago, IL are:
What are popular job titles related to Internship Algorithmic Trading Programmer jobs in Chicago, IL? For Internship Algorithmic Trading Programmer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Internship Algorithmic Trading Programmer jobs in Chicago, IL look for? The top searched job categories for Internship Algorithmic Trading Programmer jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Internship Algorithmic Trading Programmer jobs? Cities near Chicago, IL with the most Internship Algorithmic Trading Programmer job openings:
Internship Algorithmic Trading Programmer jobs near you

Head of Trading Operations, Algorithmic Trading Group

DRW

Chicago, IL • On-site

$175K - $225K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 24 days ago

Job description

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 ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
DRW is seeking a Head of Trading Operations for the Algorithmic Trading Group to lead the trading team, desk operations, automation, and process improvement. You will manage workflows, monitor exchange positions, and coordinate with risk and compliance. You will also partner with researchers and developers to refine operational protocols and lead UX/UI initiatives to improve reliability, reduce errors, and maximize performance of our trading strategies.
Work Environment:
  • Work with experienced traders (average tenure of 10+ years) in a large, collaborative team.
  • Interact closely with research, software, and hardware experts who support all aspects of running a sophisticated trading operation.
  • Gain exposure to multiple complex strategies across markets within a team that has a proven two-decade track record of success.

Key Responsibilities:
  • Manage traders and trading schedules to ensure redundancy, reliability, and business continuity of trading operations (including on-call coverage and disaster recovery).
  • Lead and own all aspects of trading operations with an ongoing emphasis on maximizing trading desk performance, automation and process improvement.
  • Develop and refine operational protocols with researchers, developers, and traders to optimize the operation and communication of the trading desk.
  • Manage and drive the UX/UI team to improve trading UIs and processes that improve efficiency, reduce errors, and enhance trader workflows.
  • Maintain and improve systems and processes related to position management, back office, clearing, and exchange relationships; ensure accuracy, timeliness, and regulatory/compliance alignment.
  • Define and track KPIs for desk operations (uptime, incident response times, error rates, etc.) and drive continuous improvement.
  • Lead data-driven decision making; partner with researchers and developers to develop dashboards, automations, and alerting.
  • Enhance communication and training among traders to standardize processes, ensure reliable operation of trading systems, and foster a culture of ownership and excellence.

Qualifications and Experience:
  • 10+ years experience in financial markets, desk operations, or equivalent leadership roles within a trading environment; experience overseeing trading systems and operations.
  • Experience on a trading desk managing automated trading systems and tools, strategies, orders, positions, and risk, with demonstrated ability to make sound decisions in fast-paced, high-pressure environments.
  • Strong understanding of position management, trade capture, settlement, clearing, and exchange processes; familiarity with multiple asset classes preferred.
  • Demonstrated track record in automation, process optimization, and driving measurable improvements in trading operations.
  • Proven ability to design and implement operational controls, incident-management frameworks, and disaster-recovery plans for trading environments.
  • Experience leading cross-functional teams (traders, researchers, software developers, UX/UI designers, risk/compliance).
  • Technical aptitude: comfort with data tooling, scripting and AI tools is a plus.
  • Education: Bachelor's degree in finance, mathematics, computer science, engineering, or a related quantitative field. MBA is a plus.

What success looks like:
  • Improved desk uptime and reliability with reduced incident response times.
  • Higher efficiency and reduced human error through automation and streamlined workflows.
  • Clear procedures for all core desk operations.
  • Strong, collaborative relationships across researchers, developers, traders, and risk/compliance teams.
  • A scalable, resilient operating model with robust redundancy.

The annual base salary range for this position is $175,000 to $225,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
#LI-JW1

Apply