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On Call Algorithmic Trading Software Developer Jobs in Illinois

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

$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 ...

Junior Trader

Chicago, IL

$69K - $89K/yr

Your research is directly applied to low latency, algorithmic trading strategies. At SG, merit ... Powered by ApplicantStack Employment Application Software Privacy Policy | Terms of Use

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

$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 ...

As a Software Developer Intern , you will build advanced trading and risk applications leveraging ... Have strong understanding of object-oriented design, data structures, and algorithms * An eagerness ...

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 ...

Showing results 41-60

On Call Algorithmic Trading Software Developer information

What is an on call algorithmic trading software developer?

On Call Algorithmic Trading Software Developers are specialized professionals responsible for maintaining, troubleshooting, and enhancing automated trading systems, often outside of regular business hours. They respond to urgent technical issues, monitor trading algorithms for performance and reliability, and implement code fixes or updates as needed to ensure smooth trading operations. Their expertise combines knowledge of financial markets, programming, and real-time systems, making them vital for firms that rely on algorithmic trading strategies. The 'on call' aspect means they must be ready to address critical issues promptly, sometimes during nights or weekends.

What are the key skills and qualifications needed to thrive as an on call algorithmic trading software developer?

To thrive as an On Call Algorithmic Trading Software Developer, you need strong programming skills (in languages like Python, C++, or Java), a solid grasp of quantitative finance, and a relevant degree in computer science, mathematics, or engineering. Familiarity with trading platforms, low-latency systems, and version control tools, as well as experience with APIs and real-time data feeds, is typically required. Exceptional problem-solving skills, the ability to work under pressure, and effective communication make someone stand out in this position. These skills are crucial for rapidly resolving trading system issues, maintaining uptime, and ensuring competitive trading performance in dynamic financial markets.

What are the typical challenges faced by on call algorithmic trading software developers during after-hours support?

On Call Algorithmic Trading Software Developers often encounter high-pressure situations, such as resolving system outages or algorithm malfunctions during live trading sessions outside regular business hours. Rapid troubleshooting and effective communication with traders and operations teams are crucial, as even brief downtime can lead to significant financial impact. Staying current with the system architecture and having access to well-documented procedures can help manage these challenges efficiently. Additionally, balancing on-call responsibilities with regular development tasks requires strong organizational skills and resilience.

What is the difference between On Call Algorithmic Trading Software Developer vs Algorithmic Trading Software Developer?

AspectOn Call Algorithmic Trading Software DeveloperAlgorithmic Trading Software Developer
CredentialsTypically requires a degree in computer science, finance, or related fields; certifications like CFA or FRM are optionalSimilar credentials; often holds degrees in computer science, finance, or quantitative fields
Work EnvironmentWorks in financial firms, trading desks, or fintech companies; on-call duties for system issuesWorks in similar environments, focusing on developing and maintaining trading algorithms
Employer & Industry UsageUsed by trading firms, hedge funds, and investment banks; on-call support for live trading systemsCommon in financial technology firms and trading firms; primarily development-focused

In summary, an On Call Algorithmic Trading Software Developer is similar to an Algorithmic Trading Software Developer but includes on-call responsibilities for system issues during live trading. Both roles require comparable skills and credentials, but the on-call position emphasizes immediate support and troubleshooting in a trading environment.

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

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

What cities in Illinois are hiring for On Call Algorithmic Trading Software Developer jobs?

Cities in Illinois with the most On Call Algorithmic Trading Software Developer job openings:

Lead Software Engineer

RBN

Chicago, IL

Full-time

Re-posted 23 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.