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Quantitative Trading Developer Jobs in Chicago, IL

Quant Blueprint LLC

Quantitative Trading Intern

Chicago, IL · On-site

$175K - $275K/yr

Researchers lean heavily on statistical analysis, machine learning, and data engineering skills; applying the results of their research to forecasts and predictive trading models. Jump's Quantitative ...

Trading Interview

Quantitative Trading Analyst

Chicago, IL · On-site

$100K - $150K/yr

Computer programming experience is highly desirable * Exceptional analytical and problem-solving ... Wolverine Trading was founded in Chicago in 1994 and operates at the intersection of financial ...

Wolverine

Quantitative Trading Analyst

Chicago, IL · On-site

$100K - $150K/yr

Quantitative Trading Analyst Department: Trading Employment Type: Full Time Location: Chicago, IL ... Computer programming experience is highly desirable * Exceptional analytical and problem-solving ...

Wolverine

Quantitative Trading Analyst

Chicago, IL

Computer programming experience is highly desirable * Exceptional analytical and problem-solving ... Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.

Edgehog Trading

Quantitative Researcher

Chicago, IL · On-site

Our team spans trading, engineering, and business operations, working together to build and support ... Design, backtest, and iterate on quantitative trading models from ideation through production ...

Edgehog Trading

Quantitative Researcher

Chicago, IL · On-site

Our team spans trading, engineering, and business operations, working together to build and support ... Design, backtest, and iterate on quantitative trading models from ideation through production ...

Scalp Trade LLC

Quantitative Trading Intern

Chicago, IL · On-site

$84K/yr

Quantitative Trading Intern Intern Chicago, IL, US 8 days ago Requisition ID: 1008 Salary Range ... Requirements: * Currently pursuing a degree in mathematics, engineering, statistics, finance ...

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All JobsQuantitative Trading Developer JobsQuantitative Trading Developer Jobs in Chicago, IL

Quantitative Trading Developer information

See Chicago, IL salary details

$101K

$174.8K

$267.3K

How much do quantitative trading developer jobs pay per year?

As of Sep 13, 2026, the average yearly pay for quantitative trading developer in Chicago, IL is $174,845.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,600.00 and $205,000.00 per year, depending on experience, location, and employer.

What is a quantitative trading developer?

A Quantitative Trading Developer is a professional who designs, develops, and implements automated trading strategies using mathematical models, statistical analysis, and programming skills. They work closely with quantitative analysts and traders to transform trading ideas into code that can execute trades in financial markets. These developers typically use programming languages like Python, C++, or Java to build high-performance trading systems that can handle large volumes of market data and execute trades with minimal latency. Their role is crucial in leveraging technology to gain a competitive edge in financial markets.

What are the key skills and qualifications needed to thrive as a quantitative trading developer?

To thrive as a Quantitative Trading Developer, you need strong programming skills (especially in Python, C++, or Java), a solid background in mathematics or statistics, and typically a degree in computer science, engineering, or a related quantitative field. Familiarity with trading platforms, financial data APIs, version control systems like Git, and experience with low-latency systems or high-frequency trading infrastructure is highly valued. Analytical thinking, problem-solving, and effective teamwork are crucial soft skills for building robust and innovative trading solutions. These skills and qualities are vital for developing, testing, and deploying algorithms that perform efficiently and reliably in fast-paced financial markets.

What are some common challenges faced by quantitative trading developers when implementing trading algorithms in a live environment?

Quantitative Trading Developers often face challenges such as managing latency, ensuring data integrity, and handling real-time risk management when deploying algorithms in live markets. Transitioning from a simulation or backtest to a live trading environment can reveal issues like unexpected market conditions, slippage, or connectivity problems that may not have been apparent during development. Collaboration with traders, system engineers, and risk managers is essential to quickly diagnose and resolve production issues, making adaptability and strong communication skills crucial for success in this role.

What is the difference between Quantitative Trading Developer vs Quantitative Analyst?

AspectQuantitative Trading DeveloperQuantitative Analyst
Required CredentialsDegree in Computer Science, Mathematics, or related field; programming skills (Python, C++, Java)Degree in Finance, Economics, Mathematics; strong analytical skills
Work EnvironmentCollaborates with traders and developers; focuses on building trading systemsAnalyzes market data; develops models for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, proprietary trading firmsInvestment banks, asset management firms, hedge funds

In summary, Quantitative Trading Developers primarily focus on building and maintaining trading systems using programming skills, while Quantitative Analysts concentrate on developing models and analyzing data to inform trading decisions. Both roles are essential in quantitative finance but differ in their core responsibilities and skill sets.

What cities near Chicago, IL are hiring for Quantitative Trading Developer jobs?

Cities near Chicago, IL with the most Quantitative Trading Developer job openings:

Quantitative Trading Developer jobs near you

Quantitative Trading Intern

Chicago, IL • On-site

Quant Blueprint LLC
See more jobs at Quant Blueprint LLCexternal

$175K - $275K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

Job description

Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.

What You'll Do

Quantitative Researchers collect and analyze tens of thousands of data sets, identify patterns and extract insights into the complexities in financial markets. Researchers lean heavily on statistical analysis, machine learning, and data engineering skills; applying the results of their research to forecasts and predictive trading models. Jump's Quantitative Researchers are constantly collaborating with other scientists, traders, hardware and software developers, and market facing business teams to push for the best expression of our new ideas.

Skills You'll Need
  • Creative thinkers who are driven, self-motivated, and eager to solve challenging problems
  • Proven success with profitable trading strategies - Strong programming skills in C++ in a Linux environment
  • Working knowledge of forecasting and data mining techniques, such as linear and non-linear regression analysis, neural networks or support vector machines
  • Strong experience developing statistical models in a trading environment - Proven success working with large data sets and developing statistical models - Fascinated and interested in advancing machine learning within the trading community
  • Possess strong familiarity with Python, R or Matlab along with development skills to support research efforts
  • Masters or PhD in Statistics, Physics, Mathematics (or related subject)
  • Desire to work within a collaborative, team-driven environment
  • Reliable and predictable availability
  • Excellent written and spoken English communication skills
Benefits
  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care options
  • Employer Paid Group Term Life and AD&D Insurance
  • Voluntary Life & AD&D insurance
  • Paid vacation plus paid holidays
  • Retirement plan with employer match
  • Paid parental leave
  • Wellness Programs

Annual Base Salary Range: $175,000—$275,000 USD

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