Quantitative Trader Salary in Austin, Texas
How much does a Quantitative Trader make in Austin, TX?
As of December 01, 2024, the average annual pay of Quantitative Trader in Austin, TX is $70,906. While Salary.com is seeing that Quantitative Trader salary in Austin, TX can go up to $91,253 or down to $45,214, but most earn between $57,458 and $81,556. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
View Quantitative Trader Salary by Hour, Week, Month, Year
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Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
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|---|---|---|---|---|
| 75th Percentile | $81,556 | $6,796 | $1,568 | $39 |
| Average | $70,906 | $5,909 | $1,364 | $34 |
| 25th Percentile | $57,458 | $4,788 | $1,105 | $28 |
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Sr. Financial Planner and Investment Advisor
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View Quantitative Trader Salary by Experience Levels
An entry-level Quantitative Trader with no related experience makes about $67,150. With less than 2 years of experience, a mid-level Quantitative Trader makes around $67,555. After 2-4 years, the Quantitative Trader pay rises to about $70,191. Those senior Quantitative Trader with 5-8 years of experience earn roughly $75,623, and those Quantitative Trader having 8 years or more experience are expected to earn about $77,228 on average.
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 1% |
| Top Level | 7% |
| Experienced | 9% |
| View as Graph | |
Highest Paying Cities near Austin, TX for Quantitative Trader
The metropolitan areas that pay the highest salary in the Quantitative Trader profession are Houston,TX, Pasadena,TX, Grand Prairie,TX, Round Rock,TX, Fort Worth,TX, Arlington,TX, San Antonio,TX, Killeen,TX, Waco,TX, and Temple,TX.
| Cities | Salary |
|---|---|
| Houston,TX | $72,875 |
| Pasadena,TX | $72,607 |
| Grand Prairie,TX | $71,004 |
| Round Rock,TX | $70,173 |
| Fort Worth,TX | $69,789 |
| Arlington,TX | $69,674 |
| San Antonio,TX | $69,072 |
| Killeen,TX | $65,121 |
| Waco,TX | $64,938 |
| Temple,TX | $64,703 |
Quantitative Trader Pay Difference by Location
Quantitative Trader salary varies from city to city. Compared with national average salary of Quantitative Trader, the highest Quantitative Trader salary is in San Francisco, CA, where the Quantitative Trader salary is 25.0% above. The lowest Quantitative Trader salary is in Miami, FL, where the Quantitative Trader salary is 3.5% lower than national average salary.
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| City, State San Francisco, CA |
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| City, State Miami, FL |
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| City, State Boston, MA |
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| City, State New York, NY |
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| City, State Dallas, TX |
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What does Quantitative Trader do?
Quantitative Trader is responsible for the timely buying and selling of stock options. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Quantitative Trader may provide input or develop financial models to mitigate risk and ensure profits. Requires a bachelor's degree in area of specialty or in a related area, and may require state licensure. Additionally, Quantitative Trader typically reports to a manager or head of a unit/department. To be a Quantitative Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description
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