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What Is Assignment Arbitrage Jobs in Chicago, IL

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ... The ideal candidate is intellectually curious, technically analytical, and has the desire to learn ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL · On-site

$69K - $89K/yr

... is at least one order of magnitude greater than what we are currently producing. We have an ... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ...

TransMarket Group

Junior Algorithmic Trader

Chicago, IL

$69K - $89K/yr

... is at least one order of magnitude greater than what we are currently producing. We have an ... arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader ...

TransMarket Group

Senior Algorithmic Trader

Chicago, IL · On-site

... relative value arbitrage trading software and build and improve trading strategies. Our Senior ... Strong work ethic and willingness to do what it takes to get the job done * Excellent verbal and ...

Teamwass

Manager, Creator Partnerships

Chicago, IL · Hybrid

$70/hr

What you'll do: This is a fantastic opportunity for someone who is extremely organized, process oriented, and self-starting. Successful candidates will lead campaigns and act as a trusted resource ...

Trading Interview

Systematic Options Trader

Chicago, IL · On-site

$150 - $200/hr

What You'll Do * Grow firm profitability by influencing the development of trading algorithms and ... Experience with C++ or a similar programming language is a plus. Why Join Us Our flat ...

Geneva Trading

Equity Delta-One & TRF Trader

Chicago, IL · On-site

$100K - $140K/yr

Founded in 1999, Geneva Trading is a premier global principal trading firm with strategically ... Market Arbitrage: Proactively identify and capture mispricing between OTC instruments and newly ...

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What Is Assignment Arbitrage information

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How much do what is assignment arbitrage jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for what is assignment arbitrage in Chicago, IL is $24.11, according to ZipRecruiter salary data. Most workers in this role earn between $18.56 and $28.70 per hour, depending on experience, location, and employer.

What is the difference between What Is Assignment Arbitrage vs Real Estate Agent?

AspectAssignment ArbitrageReal Estate Agent
Required CredentialsNone or basic licensing depending on jurisdictionReal estate license required
Work EnvironmentTransactional, often online or in meetingsFieldwork, property showings, client meetings
Industry UsageReal estate investment and wholesalingProperty sales and listings
Common Search/ComparisonYesYes

Assignment Arbitrage involves purchasing rights to assign property contracts, focusing on investment strategies without traditional sales. Real Estate Agents facilitate property sales and listings, requiring licensing and client interaction. While both roles operate within the real estate industry, assignment arbitrage emphasizes transactional rights transfer, whereas real estate agents focus on property sales and client representation.

Is assignment arbitrage legal?

Assignment arbitrage involves transferring contractual rights or obligations, often in real estate or finance, and its legality depends on jurisdiction and adherence to applicable laws and regulations. When properly conducted within legal boundaries and with transparent agreements, it is generally considered lawful, but unethical or fraudulent practices can lead to legal issues. It is advisable to consult legal professionals to ensure compliance with local laws before engaging in assignment arbitrage activities.

Is assignment arbitrage profitable?

Assignment arbitrage involves buying and selling contract rights for profit, often in real estate or legal contexts. Its profitability depends on market conditions, negotiation skills, and transaction costs, making it potentially profitable but also risky. Success requires careful analysis and experience in the relevant industry.

What skills are needed for assignment arbitrage?

Assignment arbitrage requires strong negotiation, communication, and analytical skills to identify profitable opportunities and manage contracts effectively. Knowledge of legal and contractual principles, attention to detail, and proficiency with relevant tools or platforms are also important for success in this role.

What are popular job titles related to What Is Assignment Arbitrage jobs in Chicago, IL?

For What Is Assignment Arbitrage jobs in Chicago, IL, the most frequently searched job titles are:

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The top searched job categories for What Is Assignment Arbitrage jobs in Chicago, IL are:

What Is Assignment Arbitrage jobs near you

Junior Algorithmic Trader

TransMarket Group

Chicago, IL • On-site

$69K - $89K/yr

Full-time

Posted 20 days ago

Job description

Description

Our Algorithmic Traders use their expert understanding of the financial markets and market microstructure to develop relative value arbitrage trading software and build and improve trading strategies. As a Junior Algorithmic Trader, you will have the opportunity to experience relative value arbitrage trading paired with innovative software. You will partner with Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • Work with Senior Algorithmic Traders to assist and learn all facets of automated trading
  • Develop expertise in market microstructure, tick data, and automated trading systems
  • Learn and master object-oriented programming languages (C++ and Python)
  • Build and maintain trading quantitative model tools and analytics
  • Develop, code, maintain and support production quality automated trading softwares and strategies
  • Improve strategies and trade execution by performing post trade analyses and developing prediction models

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field such as but not limited to STEM or Finance with a graduation date between December 2026 and Spring 2027 or 1-2 years pertinent industry experience 
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred 
  • Proficiency and experience in Linux scripting are a plus
  • Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

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