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Junior Algorithmic Trading Quant Jobs in Illinois

TransMarket Group

Senior Algorithmic Trader

Chicago, IL · On-site

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Mentor Junior Traders and promote their learning on the desk * Help steer recruitment initiatives ...

TransMarket Group

Senior Algorithmic Trader

Chicago, IL · On-site

Build and maintain trading quantitative model tools and analytics * Develop, code, maintain and ... Mentor Junior Traders and promote their learning on the desk * Help steer recruitment initiatives ...

Old Mission

Quantitative Trader (Options)

Chicago, IL

$150K - $200K/yr

An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences. * 1-4 years of trading experience encompassing algorithmic trading ...

Edgehog Trading

Quantitative Execution Trader

Chicago, IL · On-site

$128 - $173/hr

Manage pricing, positioning, and algorithmic trading activity across a range of options market ... Collaborate with quant researchers and engineers to develop new models using our proprietary ...

Trading Interview

Graduate Quantitative Trader

Chicago, IL · On-site

$120 - $180/hr

As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing ... Develop, maintain, and improve trading strategies and algorithms * Solve complex problems to make a ...

Trading Interview

Quantitative Trader

Chicago, IL · On-site

$150 - $200/hr

... algorithmic trading strategies deployed on electronic trading venues around the world. During an intensive period of mentorship and training in trade floor operations, Quantitative Traders learn the ...

Old Mission

Quantitative Trader (Options)

Chicago, IL · On-site

$150K - $200K/yr

An undergraduate or an advanced degree in a quantitative field such as computer science, engineering, or one of the hard sciences. * 1-4 years of trading experience encompassing algorithmic trading ...

DV Trading

Junior Quantitative Trader

Chicago, IL

DV is looking for a Junior Quantitative Trader to join our trading desk, where you will support ... Direct trading desk experience (e.g., Execution Assistant, Assistant Trader, Quant Analyst, or Risk ...

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Junior Algorithmic Trading Quant information

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

AspectJunior Algorithmic Trading QuantQuantitative Research Analyst
Required CredentialsBachelor's in CS, Math, or Finance; programming skillsBachelor's or higher in Math, Stats, or Finance; programming skills
Work EnvironmentTrading firms, hedge funds, prop shopsResearch departments, financial institutions, hedge funds
Employer & Industry UsageCommon in trading firms focusing on algorithmic strategiesUsed across finance sectors for model development
Comparison Search IntentYesYes

The Junior Algorithmic Trading Quant typically focuses on developing and implementing trading algorithms within trading firms, often working closely with traders. In contrast, a Quantitative Research Analyst conducts broader research to develop financial models and strategies, which may be used for trading or risk management. Both roles require strong quantitative skills and programming knowledge, but their primary focus and work environment differ slightly.

What are the most commonly searched types of Algorithmic Trading Quant jobs in Illinois?

The most popular types of Algorithmic Trading Quant jobs in Illinois are:

What are popular job titles related to Junior Algorithmic Trading Quant jobs in Illinois?

For Junior Algorithmic Trading Quant jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Junior Algorithmic Trading Quant jobs in Illinois look for?

The top searched job categories for Junior Algorithmic Trading Quant jobs in Illinois are:

Junior Algorithmic Trading Quant jobs near you
Infographic showing various Junior Algorithmic Trading Quant job openings in Illinois as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution.

Senior Algorithmic Trader

TransMarket Group

Chicago, IL • On-site

Full-time

Re-posted 14 days ago

Job description

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. Our Senior Algorithmic Traders benefit from the resources and scale that our group can provide with its strong team and robust capital base to grow your effective trading strategy to the next level. The ideal candidate will have proven success and discipline in their trading strategies, excellent risk assessment and management, and strong proficiency and experience in applying programming skills in a fast-paced environment (C++, Python, Linux scripting).

Responsibilities

  • Maintain expertise in market microstructure, tick data, and automated trading systems
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models.
  • Manage a small group of dynamic Junior Traders and guide research and trading software development projects
  • Mentor Junior Traders and promote their learning on the desk
  • Help steer recruitment initiatives to advance the growth and development of the team

Requirements

  • Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience
  • Minimum five (5) years of work experience in the trading industry
  • Programming proficiency and experience (C++, Python)
  • Proficiency and experience in Linux scripting are a plus
  • Passion for math and software applied to markets and trading
  • Expert understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.