Senior Trader Salary at Allston Trading BETA

How much does an Allston Trading Senior Trader make?

As of April 2025, the average annual salary for a Senior Trader at Allston Trading is $105,103, which translates to approximately $51 per hour. Salaries for Senior Trader at Allston Trading typically range from $85,164 to $118,210, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Allston Trading Overview

Website:
allstontrading.com
Size:
100 - 200 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Founded in 2002 by former CME floor traders, Allston Trading is one of the world's leading electronic trading and market-making firms, providing liquidity in global energy, commodity and financial futures markets. Allston is headquartered in Chicago, Illinois.

See similar companies related to Allston Trading

What Skills Does a person Need at Allston Trading?

At Allston Trading, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

Related Jobs

Neuberger Berman Group LLC
Chicago , IL

Position Overview: We are seeking an Analyst to join the Global Investment Grade Credit Research team. Our goal is to find a teammate who can support our business and help us build upon our long-term track record of performance and client service. The successful candidate will join a team of 15 Investment Grade Research Analysts based across EMEA and the US. The Analyst will be working closely with our Traders and Portfolio Managers, who are responsible for the broader Global Investment Grade platform, which manages over $70 billion. The team is sustaining a track record of AUM growth that has created the opportunity for a curious, hardworking person to join the team in supporting the business through client request management, data management, and research analyst support. This role will report to the Co-Directors of Research for the Global Investment Grade Credit team and will support the global Investment Grade Portfolio Managers based in Chicago, London, Paris, and Milan. Primary R


Sponsored
4/12/2025 12:00:00 AM
Deloitte
Chicago , IL

Hedge funds-Are you a leader and passionate about financial products and understand tax planning and returns, identifying complex tax issues for a variety of hedge fund clients, Subchapter K, wash sale and constructive sale rules, and aggregate allocations? If this is music to your ears, and you love a challenge and a very fast-paced environment, we have the career for you! Recruiting for this role ends on June 1, 2025 What You'll Do Tax Seniors identify complex tax issues and provide tax analyses for a variety of hedge fund clients and their affiliates. The right person should have a solid understanding of Subchapter K related to hedge fund structures, financial products and related tax adjustments, and aggregate allocations. trader vs. investor determination, and identifying necessary federal, international and state investor reporting. Tax Seniors in our Hedge Fund Tax practice perform detail-level review of tax workpapers, allocations and tax returns, as well as perform research to


Sponsored
4/11/2025 12:00:00 AM
Jump Crypto
Chicago , IL

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. Jump Crypto, the crypto division of Jump Trading Group, is committed to building and standing up critical infrastructure needed to catalyze the growth of the crypto ecosystem. We're builders, partners, and traders who take a long-term


Sponsored
4/11/2025 12:00:00 AM
Wolverine Trading
Chicago , IL

Assist in all the functions of support to multiple trading groups. What You'll Do: Provide daily support liaison with clearing firm and trading group. This will include checking trades and resolving out trades, resolving discrepancies with our clearing firm, and being able to reconcile our trading position balances daily. Communicate with traders during the trading hours. Check daily morning, intraday, and closing trading positions for accuracy. Check clearing activity reports and troubleshoot problems that may arise. Work closely with all related parties to resolve internal clearing or systems issues. Corporate actions processing and infrastructure cost allocation. What We're Looking For: Bachelor's degree Strong computer skills, including Microsoft Excel Knowledge of SQL, or willingness to learn quickly Strong attention to detail Hard working and dedicated individual Strong communication skills and desire to work in a team environment All candidates must be eligible to work in the U.


Sponsored
4/11/2025 12:00:00 AM
TransMarket Group
Chicago , IL

Who We Are Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create. TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with 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, yo


Sponsored
4/10/2025 12:00:00 AM
TransMarket Group
Chicago , IL

Who We Are Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create. TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with 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 you


Sponsored
4/9/2025 12:00:00 AM
Guggenheim Partners
Chicago , IL

Job Description: Position Summary Guggenheim is seeking an exceptional Junior Trader to join its Guggenheim Treasury Service Team. This person will join a highly collaborative team responsible for managing a 30+ billion portfolio. The ideal candidate will have experience with fixed income markets, futures and options, and will be comfortable interacting in a highly time- sensitive environment. Guggenheim is willing to train the right candidate. The Junior Trader role presents an opportunity for entry and growth within one of the initial business lines (Institutional Finance) of Guggenheim Partners, LLC. This well established and highly recognized manager has been part of Guggenheim Partners, LLC since its inception in 2000. This position will report and be based in our Chicago office. Essential Job Functions Support Senior traders by assisting in daily reconciliation, determining trading levels, and creating pre-trade documentation. Managing small Asset Backed Commercial Paper portfoli


Sponsored
4/8/2025 12:00:00 AM
TransMarket Group
Chicago , IL

Who We Are Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create. TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with 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. As an intern, you will p


Sponsored
4/8/2025 12:00:00 AM

Check more jobs information at Allston Trading

Job Title Average Allston Trading Salary Hourly Rate
2 Banker $98,274 $47
3 Chief Compliance Officer $238,294 $115
4 Customer Service $41,973 $20
5 Derivatives Trader $81,874 $39
6 DevOps Engineer $117,982 $57
7 Linux Engineer $117,982 $57
8 Quantitative Researcher $67,211 $32
9 Senior Developer $108,461 $52
10 Software Developer $119,010 $57
11 Accountant $86,786 $42
12 Accounting $47,874 $23
13 Head of Risk $123,925 $60

Hourly Pay at Allston Trading

The average hourly pay at Allston Trading for a Senior Trader is $51 per hour. The location, department, and job description all have an impact on the typical compensation for Allston Trading positions. The pay range and total remuneration for the job title are shown in the table below. Allston Trading may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $105,103 look to you?

FAQ about Salary and Jobs at Allston Trading

1. How much does Allston Trading pay per hour?
The average hourly pay is $51. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Allston Trading?
According to the data, the highest approximate salary is about $118,210 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Allston Trading?
According to the data, the lowest estimated salary is about $85,164 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.