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Junior Algorithmic Trading Software Developer Jobs

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:

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:

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 ...

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Junior Algorithmic Trading Software Developer information

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

As of Jul 14, 2026, the average yearly pay for junior algorithmic trading software developer in the United States is $88,976.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,000.00 and $87,000.00 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.
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Pr. Software Engineer (Algo Trading System, Java)

Pr. Software Engineer (Algo Trading System, Java)

Kforce Technology Staffing

Jersey City, NJ • On-site

$54 - $74/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

RESPONSIBILITIES:
Kforce's client, a leading financial firm in Jersey City, NJ, is seeking a Principal Software Engineer (Algorithmic Trading System, Java) to play a key role in building a world-class trading system in an innovation-driven environment.
Summary:
As a Principal Software Engineer (Algorithmic Trading System, Java), you will work closely with industry experts, deepen your technical expertise, and deliver complex, high-performance systems used globally.
Responsibilities:
* Greenfield Development: Play a key in the design and development of a complex, global trading system - a Greenfield initiative offering the rare opportunity to build from the ground up
* Algorithmic Trading & Smart Order Routing: Contribute to the development of advanced algorithmic trading strategies and smart order routing systems, ensuring optimal trade execution across multiple venues
* Low-Latency Messaging: Engineer high-volume, low-latency messaging solutions for electronic trading using technologies such as Aeron, ensuring reliable, ultra-fast data transmission
* Cutting-Edge Technology: Design and develop secure, scalable cloud-based services, complex distributed platforms, and APIs critical to supporting high-frequency trading
* Agile Development: Engage in full lifecycle software engineering (Java) within an Agile environment, leveraging big data technologies to power real-time trading applications
* Award-Winning Workplace: Recently recognized as a Best Place to Work, reflecting a strong commitment to employee satisfaction, career development, and a collaborative culture
REQUIREMENTS:
* 8+ years of professional software engineering experience, with deep expertise in Java and building high-performance, low-latency systems
* Proven experience building front-office trading systems in high-frequency environments
* Knowledge of cloud-native services, microservices, and scalable distributed platforms
* Experience working in Agile environments, collaborating cross-functionally with teams
* Knowledge of low-latency messaging technologies (e.g., Kafka, Aeron, Chronicle Queue, ZeroMQ) and experience optimizing throughput, concurrency, and microsecond-level performance
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
By clicking ?Apply Today? you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP.