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Junior Algorithmic Trading Software Developer Jobs in Addison, IL

Company Description Our client has been at the forefront of algorithmic trading since its founding ... The Lead Software Engineer will be our most senior software engineer, leading and managing software ...

FPGA Engineer

Chicago, IL · On-site

$175K - $225K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to ... Build next-generation algorithmic trading systems; > * Solve low-latency trading problems and ...

FPGA Engineer

Chicago, IL · On-site

$133.90K - $172K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to ... Build next-generation algorithmic trading systems; * Solve low-latency trading problems and ...

FPGA Engineer

Chicago, IL

$175K - $225K/yr

Our trading models and software systems are continually re-engineered, optimized, and maintained to ... Build next-generation algorithmic trading systems; * Solve low-latency trading problems and ...

We are seeking a Senior UX Designer to join our algorithmic trading team and lead the creation of ... Collaborate closely with software engineers to ensure proposed designs are technically feasible ...

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

Junior Software Engineer

Chicago, IL · On-site

$80K - $130K/yr

Junior Software Engineer (Trading Systems & OS) Location: Chicago, IL (Loop) Team: Proprietary ... Traders and Quantitative Researchers. We aren't looking for a "back-office" developer; we need a ...

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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 May 29, 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 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 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 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 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 popular job titles related to Junior Algorithmic Trading Software Developer jobs in Addison, IL? For Junior Algorithmic Trading Software Developer jobs in Addison, IL, the most frequently searched job titles are:
What job categories do people searching Junior Algorithmic Trading Software Developer jobs in Addison, IL look for? The top searched job categories for Junior Algorithmic Trading Software Developer jobs in Addison, IL are:
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:

Lead Software Engineer

RBN

Chicago, IL

Full-time

Posted 4 days ago


Job description

Company Description

Our client has been at the forefront of algorithmic trading since its founding 15 years ago. Since its inception, our client has employed over 400 employees with offices in the US and international operations. They are currently looking to grow their team by adding an experienced software engineer to join their operations. 

Job Description

The Lead Software Engineer will be our most senior software engineer, leading and managing software engineers and interns. 


Hire, mentor and manage software engineers and interns from the Computer Science department

Coordinate development projects across distributed teams

Actively engage with our R&D group to explore new research initiatives

Build relationships with faculty and university researchers who are focused on emerging technologies in the areas of low latency, high performance computing and electronic trading

Facilitate and participate in sharing best practices with other companies in the Research Park

Proactively communicate updates to management and peers

Qualifications

Proficient knowledge of C++ and Python

Understanding of large scale real-time distributed computer systems

Knowledge of operating systems including Linux and Windows

Excellent communication skills

Advanced degree in Computer Science or Computer Engineering (Master's or PhD preferred)

5+ years in hands-on software development for a software or financial company

Experience in building and managing teams

Additional Information

All your information will be kept confidential according to EEO guidelines.