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Trading Strategy Developer Jobs in North Chicago, IL

Trading Engineer - Strategy

Chicago, IL

$105K - $132K/yr

We're looking for a hands-on, entrepreneurial Trading Engineer to join our Strategy Development team. This role sits at the heart of IMC's trading operation, where technology, data, and market ...

Trading Engineer - Strategy

Chicago, IL · On-site

$175K - $225K/yr

We're looking for a hands-on, entrepreneurial Trading Engineer to join our Strategy Development team. This role sits at the heart of IMC's trading operation, where technology, data, and market ...

Trading Engineer - Strategy

Chicago, IL · On-site

$175K - $225K/yr

We're looking for a hands-on, entrepreneurial Trading Engineer to join our Strategy Development team. This role sits at the heart of IMC's trading operation, where technology, data, and market ...

Quantitative Trader

Chicago, IL · On-site

$150 - $200/hr

This team also has the opportunity to work closely with software engineers to enhance and further develop the firm's trading strategies. Quantitative Traders not only become experts in trading ...

Collaborate with traders, quants, and engineers to enhance strategy performance Requirements: * Minimum 2+ years of experience at a proprietary trading firm, hedge fund, or bank * Demonstrated ...

Senior Algorithmic Trader

Chicago, IL · On-site

$180 - $300/hr

The ideal candidate will have proven success and discipline in their trading strategies, excellent risk assessment and management, and strong proficiency and experience in applying programming skills ...

Collaborate with traders, quants, and engineers to enhance strategy performance Requirements: * Minimum 2+ years of experience at a proprietary trading firm, hedge fund, or bank * Demonstrated ...

The ideal candidate will have proven success and discipline in their trading strategies, excellent risk assessment and management, and strong proficiency and experience in applying programming skills ...

Portfolio Manager

Chicago, IL · On-site

$200K/yr

Collaborate with traders, quants, and engineers to enhance strategy performance Requirements: * Minimum 2+ years of experience at a proprietary trading firm, hedge fund, or bank * Demonstrated ...

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Showing results 1-20

Trading Strategy Developer information

See North Chicago, IL salary details

$53.4K

$119.9K

$209.2K

How much do trading strategy developer jobs pay per year?

As of Aug 25, 2026, the average yearly pay for trading strategy developer in North Chicago, IL is $119,894.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,600.00 and $151,500.00 per year, depending on experience, location, and employer.

What does a trading strategy developer do?

A Trading Strategy Developer designs, tests, and implements algorithms or systems that facilitate automated trading in financial markets. They analyze market data, identify trading opportunities, and use programming languages to create models that can execute trades based on predefined rules. Their work involves backtesting strategies to ensure efficiency and robustness before deploying them in live markets, and they often collaborate with quantitative analysts and other finance professionals to optimize trading performance.

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

To thrive as a Trading Strategy Developer, you need a solid background in quantitative analysis, financial markets, and programming—often supported by a degree in math, finance, computer science, or engineering. Expertise with programming languages such as Python, C++, and platforms like MATLAB, as well as familiarity with trading systems and backtesting frameworks, is typically required. Strong problem-solving skills, attention to detail, and the ability to communicate complex ideas effectively set top performers apart. These abilities are crucial for designing robust, profitable strategies that perform reliably in dynamic and competitive trading environments.

What are some common challenges faced by trading strategy developers when implementing new algorithms in live markets?

Trading Strategy Developers often encounter challenges such as managing slippage, latency, and unexpected market conditions when deploying new algorithms. Backtested strategies may not always perform as expected in live environments due to differences in data quality, execution speed, and market microstructure. Close collaboration with quantitative researchers, software engineers, and risk managers is essential to monitor performance, make real-time adjustments, and ensure compliance with trading regulations. Addressing these challenges proactively is key to maintaining robust, profitable strategies.

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

AspectTrading Strategy DeveloperQuantitative Analyst
CredentialsTypically requires degrees in finance, computer science, or mathematics; certifications like CFA or CQF are commonSimilar credentials; often holds advanced degrees in finance, mathematics, or statistics; CFA is also common
Work EnvironmentWorks in trading firms, hedge funds, or financial institutions focusing on developing and implementing trading algorithmsWorks in finance, investment banks, or asset management firms analyzing data to inform investment decisions
Primary FocusDesigning, testing, and optimizing trading strategies and algorithmsAnalyzing financial data, modeling markets, and developing quantitative models for investment strategies

While both roles require strong quantitative skills and similar educational backgrounds, Trading Strategy Developers focus on creating and deploying trading algorithms, whereas Quantitative Analysts primarily analyze data and develop models to support investment decisions. Their work environments often overlap, but their core responsibilities differ in application and focus.

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

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

Trading Strategy Software Engineer

Chicago, IL • On-site

BlackEdge Capital
Finance and Insurance • 1 - 10 employees

Full-time

Re-posted 8 days ago


Job description

The Role
BlackEdge Capital is hiring a Trading Strategy Software Engineer to join our technology team and build the systems at the heart of a high frequency, machine learning driven trading effort that operates at the nanosecond level. This is a focused, ambitious initiative at an early stage, which means real ownership and the chance to shape the systems and the codebase from the ground up. Members of our executive team are hands on in this work right now, so you will build alongside the people setting the firm's long-term technical and trading direction.
You will own performance critical software in C++, co-design the hot path with our FPGA hardware engineers, and work shoulder to shoulder with researchers to move machine learning models from idea to live trading. This is a role for someone energized by sitting at the intersection of low-level systems, custom hardware, and applied research, where every nanosecond on the path from signal to order matters.
What You'll Do
  • Design, build, and relentlessly optimize nanosecond level trading systems in C++, owning code from architecture through live production.
  • Partner closely with hardware engineers on FPGA integration, co-designing the software/hardware logic split and communication across that boundary.
  • Work directly with researchers to take machine learning signals from idea to development to production by integrating them into our automated trading system.
  • Keep the codebase clean: we favor a pragmatic, deliberately chosen subset of modern C++ that prioritizes simplicity, clarity, and maintainability.
What We're Looking For
  • Pragmatic C++: Strong command of modern C++ in performance critical systems, with the judgment to keep code simple and clear.
  • Systems depth: Deep understanding of operating system design, cache behavior, memory, and concurrency and how they can be tuned to extract performance.
  • Low latency mindset: A demonstrated ability to design and reason about latency critical software; you think in nanoseconds, not just milliseconds.
  • Collaboration: You enjoy working across boundaries and communicate well with people from diverse backgrounds and skills.
Nice to Have
  • Hands on experience with FPGAs, HLS, or close software/hardware co design.
  • Kernel bypass networking (ef_vi / OpenOnload, DPDK) and low-level network programming.
  • Exposure to machine learning, quantitative research, or production model deployment.
  • Familiarity with futures markets or market microstructure.
About BlackEdge Capital
BlackEdge Capital is a proprietary options market maker built on industry leading technology and a deeply collaborative culture. We compete at the highest technical level in electronic markets, and we win by pairing exceptional engineering with incisive research. Everyone here is a genuine partner in the trading process, embedded in the strategy, close to the technology, and shaping the direction of the firm itself.
How We Work
We are Chicago based and support remote work. We value clarity and simplicity over cleverness for its own sake, tight feedback loops between trading, technology, and operations, and people who take ownership end to end.
Compensation is highly competitive, with significant upside clearly and explicitly tied to firm profit and individual performance. Our model is transparent: bonuses are a share of firm profit, and because your share scales with your performance, a strong year for you and the firm compounds.
Interested? Send us your resume and a short note on where you see yourself contributing at BlackEdge. Humans review every submission.
BlackEdge Capital is an equal opportunity employer. We evaluate candidates on the merit of their work and welcome applicants of every background.