Algorithmic Trader
$125kDRW
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus. As an Algorithmic Trader , you will combine risk management, research, and technology to operate trading and investment strategies across multiple asset classes. You will work closely with experienced traders, software engineers, and quantitative researchers to optimize system performance in a highly collaborative environment. Our algorithmic trading group offers broad exposure to diverse strategies, markets, and domain experts, creating exceptional opportunities for learning and professional growth beyond those typically found in traditional trading roles.
Work Environment
The annual base salary for this position is $125,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at California residents, please review the California Privacy Notice for information about certain legal rights at #LI-JW1
Work Environment
- Collaborate with experienced traders, with an average team tenure of 10+ years, in a large and highly collaborative setting
- Partner closely with research, software, and hardware specialists who support every aspect of a sophisticated trading operation
- Gain exposure to multiple complex strategies across global markets within a team backed by a proven two-decade track record of success
- Operate complex, automated, latency-sensitive trading systems developed collaboratively within the group
- Monitor system execution and open positions
- Adjust system parameters in response to changing market conditions
- Trade manually when necessary to reduce risk
- Identify opportunities for automation and system improvement
- Communicate relevant news, market events, and system behavior to team members
- Maintain a strong understanding of system functionality
- Contribute to all aspects of trading desk activity, including position management, risk management, capital deployment, and post-trade analysis
- Use AI tools for post-trade analysis and/or dashboard development (preferred)
- U.S. hours: 8:00 a.m. - 4:15 p.m.
- APAC hours: 4:30 p.m. - 12:30 a.m.
- European hours: 12:30 a.m. - 8:00 a.m.
- Trading or market experience preferred
- Ability to understand and troubleshoot high-frequency trading strategies and systems
- Strong attention to detail
- Excellent communication skills
- Sound judgment under pressure
- Motivated, dependable, and responsible
The annual base salary for this position is $125,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts. For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at California residents, please review the California Privacy Notice for information about certain legal rights at #LI-JW1
Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Algorithmic Trader in Chicago, IL vacancy
$150k - $200k
...Algorithmic Trader Chicago Our employees are truly our greatest asset. We have spent years building a team of talented, dedicated technologists, data-driven traders, and expert leaders with an emphasis on our core pillars: People, Process, Trading Edge, and Technology...SuggestedFull timeWork at officeNight shift- DRW, a diversified trading firm in Chicago, is seeking an Algorithmic Trader to operate complex automated trading systems and contribute to trading desk activities. This role requires trading experience, a detail-oriented approach, and strong communication skills. The...SuggestedFlexible hours
- ...Eagle Seven is seeking an experienced Energy Trader to trade energy futures and swap markets listed on ICE and CME. The trader will... ...Responsibilities include: Operating grey and black box algorithmic trading strategies in accordance with the trading desk’s objectives...SuggestedFull timeWork experience placementFlexible hoursShift work
$72k - $120k
...consistent success. As an Experienced Equity Discretionary Trader on one of our largest desks, you will have a real opportunity to... ...by the Firm ~ Proficiency with trading platforms, execution algorithms, and market data analysis tools ~ Openness to feedback and willingness...SuggestedFull timeCasual workWork at officeFlexible hours- ...Eagle Seven is seeking an experienced Algorithmic Trader to trade futures contract listed on Eurex, ICE, and CME. The trader, along with the Head of the Desk, will be responsible for managing all aspects of trading desk operations. The right candidate will have a passion...SuggestedFull timeContract workFlexible hoursShift work
- ...environment while utilizing the latest statistical scientific algorithms, machine learning techniques and derivatives pricing theory. The... ...identify and capture trading opportunities. Work closely with traders and researchers to build and refine research infrastructure...Work experience placementSummer workInternshipWork at officeDay shift
- A leading trading firm in Chicago is looking for an algorithmic trader to develop and implement innovative trading strategies in equities and options. The ideal candidate will possess a Bachelor’s degree, a proven track record of strategy profitability, and proficiency...
- Prop Trading firm is seeking an algorithmic trader to generate and implement new trading strategies for single name equities and options. The firm trades across various frequencies in equities, commodities, crypto, and fixed income markets. Responsibilities Develop and...
- ...the ideal candidate will need to build a deep understanding of the underlying datasets and be able to apply the latest scientific algorithms for statistical model development. Qualifications: The ideal candidate will be excited about working in a collaborative team...
- Graduate Quantitative Researcher, PhD - Austin As a Graduate Quantitative Researcher, you will develop, refine and implement algorithmic trading strategies that shape the future of electronic trading. Working alongside a research team of mathematicians, scientists and technologists...Full timeWork at office
$80k - $90k
...Job Description Role : Programmatic Trader THE OPPORTUNITY MiQ has been part of the programmatic landscape since the beginning... ...technology to create bespoke campaign setups & custom algorithms YOUR QUALIFICATIONS Hard skills ~ Analytical skills...Casual workWork at officeFlexible hours2 days per week3 days per week- ...financial mathematics and statistical analysis to design and implement new trading strategies, utilizing large datasets and advanced algorithms. Join a collaborative team that values autonomy and encourages innovative thinking, where your contributions can significantly...
$150k - $175k
...and optimize systematic options trading strategies using quantitative research and machine learning techniques Build and refine algorithmic options trading models from ideation through production deployment Analyze market microstructure and execution quality to generate...Permanent employmentFull time$150k - $175k
...market-making. Our vision is to scale and automate our quantitative strategies through cutting-edge algorithmic infrastructure and a diverse, multidisciplinary team of traders, quantitative developers, and researchers. We distinguish ourselves through rigorous data-driven...Permanent employmentFull time- ...regulatory requirements and internal policies. Work closely with other traders, quants and developers. Leverage a sophisticated trading... ...hard sciences. 1-4 years of trading experience encompassing algorithmic trading and a strong knowledge of options theory. Proficiency...Flexible hours
- Experienced Trader (Remote) T3 Trading Group, LLC is an SEC-registered broker-dealer & member of FINRA/SIPC. We are recruiting experienced... ...to all ‘dark’ and ‘lit’ execution venues, plus black box/algorithmic support. Membership in an elite community of seasoned pros to...Full timeWork at officeRemote workNight shift
$225k - $300k
Your Objectives Conceptualize valuation strategies, develop, and continuously improve upon mathematical models and help translate algorithms into code - Back test and implement trading models and signals in a live trading environment - Use unconventional data sources to...- Akuna Capital is looking for an Options Trader in Chicago who will manage a derivatives portfolio, ensuring effective risk management and algorithm performance. Candidates should have at least 1 year of market making experience and a Bachelor's Degree in a relevant field...
- Page Mechanical Group, Inc. is seeking an Energy Commercial Analyst/Associate to join its dynamic Commercial team in Chicago, Illinois. In this role, you will be responsible for optimizing market decisions and strategies related to thermal, battery, and renewable assets...
- ...Professionals Considering an exciting new career as a professional trader? T3 Trading Group, LLC ( ) is a Registered SEC Broker-Dealer... ...platforms, ‘dark’ and ‘lit’ execution venues, plus black box/algorithmic systems Daily trading reviews with experienced traders for...H1bWork at officeImmediate startRemote workVisa sponsorship
$200k
...looking for a recent graduate to join IMC as a Graduate Floor Trader. IMC is a high frequency trading firm and we have a strong trading... ...trading Develop, maintain, and enhance trading models, algorithms, systems, and positional risk Research new market opportunities...Permanent employmentFull timeLocal area$160.1k - $272.3k
...clients using leading technology and exceptional service. Senior PT Trader - Brokerage Role Summary The Senior Program Trading (PT)... ...standards. Choose the right execution approach, broker strategy, and algorithm selection based on market conditions, liquidity, and risk....Visa sponsorshipWork visa- ...compute resources and the support of experienced researchers, traders and dedicated software developers. You will conduct quantitative... ...Automate human-decision based trading strategies; prototype algorithmic trades from trading ideas Qualifications A degree in a technical...
- ...patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise. Description Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. At TransMarket Group...Full timeInternshipWork at office
$50k - $150k
Self-Storage Investment Sales Brokers Chicago Metropolitan Area - Chicago, IL 60642 Overview Salary Range $50,000.00 - $150,000.00 Commission/year Level Entry Position Type Full Time Education Level Not Specified Category Real Estate Description With a stellar...Full timeRemote work$200k
...flexibility to aggressively invest in our team members and keep them engaged in the firm's growth. About the Position Our traders work in teams to seek out and profitably trade mispriced securities. The junior traders job responsibilities will include disciplined...Full timeImmediate startFlexible hours- A leading trading firm in Chicago is seeking an Experienced Equity Discretionary Trader to manage a trading book focused on US and Global Equities. The role involves analyzing market trends, managing portfolio risks, and executing trading strategies. Candidates should...
- Gelber | Experienced Equity Discretionary Trader Job description: Manage your own trading book with a focus on the US and Global Equities market. Manage your own risk of a portfolio of active strategies and drive trading decisions. Collaborate across your trading desk...
$50k
Trader-Hire is seeking experienced equities traders for a fully remote role with performance-based compensation. The ideal candidates will participate in a capital allocation program, receiving firm-backed capital to trade stocks and options. This position allows traders...Remote job$175k - $250k
...expansion and we continue to improve our options pricing, particularly in the volatility space. IMC is highly collaborative between traders, quants, and developers so the scope of responsibility involves working with others to identify and describe mispricings, interact...Permanent employmentFull timeTemporary workImmediate start
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Algorithmic Trader. Be the first to apply!

