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Junior Algorithmic Trading Software Developer Jobs in Addison, IL

... software engineers, and quantitative researchers to optimize system performance in a highly collaborative environment. Our algorithmic trading group offers broad exposure to diverse strategies ...

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:

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:

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 ...

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 ...

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 is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... mathematics, engineering, business/finance, or related field * 4-6 years' experience trading ...

Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex ... mathematics, engineering, business/finance, or related field * 4-6 years' experience trading ...

Algorithmic Trader

Chicago, IL · On-site

$150K - $200K/yr

People, Process, Trading Edge, and Technology. Simplex is an in-office organization, helping to ... We work with the most advanced technology and software in the market, and we've continued to remain ...

Senior Trading Software Engineer

Chicago, IL · On-site +1

$126K - $166K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. We operate best within a team environment where we challenge each ...

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Junior Algorithmic Trading Software Developer information

See Addison, IL salary details

$24K

$89.1K

$137.8K

How much do junior algorithmic trading software developer jobs pay per year?

As of Jun 28, 2026, the average yearly pay for junior algorithmic trading software developer in Addison, IL is $89,142.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,100.00 and $87,200.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by Junior Algorithmic Trading Software Developers, and how can they overcome them?

Junior Algorithmic Trading Software Developers often face challenges such as optimizing code for speed, understanding complex financial instruments, and adapting to rapidly changing market conditions. It’s common to work in a fast-paced environment where small coding errors can have significant financial implications. To overcome these challenges, junior developers should focus on rigorous code testing, seek mentorship from senior team members, and stay updated on both programming and financial industry trends. Collaboration with quantitative analysts and traders is also essential for understanding strategy requirements and improving system performance.

What is the difference between Junior Algorithmic Trading Software Developer vs Quantitative Analyst?

AspectJunior Algorithmic Trading Software DeveloperQuantitative Analyst
Required CredentialsBachelor's in Computer Science, Software Engineering, or related field; programming skills in Python, C++, or JavaBachelor's or Master's in Finance, Mathematics, or related field; strong statistical and analytical skills
Work EnvironmentDevelops trading algorithms, tests software, collaborates with traders and developersAnalyzes market data, develops models, provides trading insights to traders
Industry UsageCommonly employed in trading firms, hedge funds, and financial institutionsUsed across investment banks, hedge funds, and asset management firms

While both roles work within the finance industry and require analytical skills, the Junior Algorithmic Trading Software Developer focuses on building and maintaining trading software, whereas the Quantitative Analyst emphasizes developing trading models and strategies. Both roles often collaborate but serve different functions within trading operations.

What are the key skills and qualifications needed to thrive as a Junior Algorithmic Trading Software Developer, and why are they important?

To thrive as a Junior Algorithmic Trading Software Developer, you need strong programming skills in languages like Python, C++, or Java, a solid understanding of algorithms and data structures, and a degree in computer science, engineering, or a related field. Familiarity with trading platforms, version control systems (e.g., Git), and financial data analysis tools such as MATLAB or NumPy is typically required. Attention to detail, problem-solving ability, and effective teamwork are crucial soft skills for this fast-paced environment. These competencies are vital for developing robust, efficient trading systems and collaborating effectively within multidisciplinary teams in the high-stakes world of algorithmic trading.

What does a Junior Algorithmic Trading Software Developer do?

A Junior Algorithmic Trading Software Developer assists in designing, developing, and maintaining software systems used for automated trading in financial markets. Their responsibilities typically include writing code for trading algorithms, backtesting strategies, optimizing performance, and troubleshooting issues under the guidance of senior developers. They may also collaborate with traders and quantitative analysts to implement new trading ideas. This role requires strong programming skills, attention to detail, and a solid understanding of both software engineering and financial markets.
What cities near Addison, IL are hiring for Junior Algorithmic Trading Software Developer jobs? Cities near Addison, IL with the most Junior Algorithmic Trading Software Developer job openings:
Senior C++ Software Engineer

Senior C++ Software Engineer

Next Step Systems

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Posted 22 days ago


Key responsibilities

  • Design and implement high quality software solutions used for algorithmic trading, exchange connectivity, and research.

  • Lead and mentor junior team members.

  • Take ownership of and lead projects from start to finish including design, roll out, and testing.


Job description

Senior C++ Software Engineer, Chicago, IL
- The Senior C++ Software Engineer will work collaboratively with technology and business teams on trading and research platforms.
- Design and implement high quality software solutions used for algorithmic trading, exchange connectivity, and research.
- Explore and work with industry leading hardware and software.
- Work alongside industry experts in the fields of technology and finance.
- Lead/mentor junior team members.
- Take ownership of and leading projects from start to finish including design, roll out, and testing.
- Work on challenging and dynamic problems in a team atmosphere.
Qualifications:
- 3+ years of experience in C++ Software Development.
- Bachelor's Degree in Computer Science or an equivalent field.
- Problem solvers who are driven, self-motivated, and "outside of the box" thinkers.
- Motivated, dependable, and responsible team players.
- Excellent written and spoken communication skills.
- Must be willing to take ownership and lead others.
- Solid programming skills and strong understanding of general programming concepts such as OOP and data structures.
- Financial Services or Trading industry experience is a plus.
*Looking for candidates from top tier universities with a strong GPA. PhD in mathematics, statistics, physics or engineering is preferred. Will consider candidates who have a Master's degree along with work experience. Top universities include Massachusetts Institute of Technology/MIT, Carnegie Mellon University, Princeton University, Harvard University, University of California-Berkeley, Stanford University, University of Chicago, California Institute of Technology, University of California, Los Angeles, Columbia University, New York University, University of Michigan, Ann Arbor, Yale University, Cornell University, Brown University, etc.
Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Chicago IL Jobs, Senior C++ Software Engineer, C++, Algorithmic Trading, Exchange Connectivity, Financial industry, Trading Industry, Architect, Software Developer, Programming, Programmer Analyst, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting
Company Will Sponsor Visas! Company Will Relocate Candidates!
Looking to hire for similar positions in Chicago, IL or in other cities? Our IT recruiting agencies and staffing companies can help.
We help companies that are looking to hire Senior C++ Software Engineers for jobs in Chicago, Illinois and in other cities too. Please contact our IT recruiting agencies and IT staffing companies today! Phone 630-428-0600 ext 11 or email us at jobs@nextstepsystems.com. Click here to submit your resume for this job and others.
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