Derivative Trader Salaries in Illinois
How Much Does a Derivative Trader Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Derivative Trader in Illinois is $87,118.
While Salary.com is seeing that Derivative Trader salary in IL can go up to $120,665
or down to $51,444, but most earn between $68,445 and $104,678.
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.
Related Job Titles to Derivative Trader
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Similar Job Salaries to Derivative Trader by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Edgehog Trading
Overnight Trader
|
$76,139/yr
|
RANGE: $66,123 - $86,155
|
|
Eagle Seven
Junior Trader
|
$82,002/yr
|
RANGE: $70,692 - $93,311
|
|
GoldenStone Investments LP
Options Trader
|
$91,787/yr
|
RANGE: $81,752 - $101,822
|
|
Geneva Trading
Discretionary Trader
|
$106,072/yr
|
RANGE: $92,871 - $119,272
|
|
Akuna Capital
Broker Trader
|
$84,831/yr
|
RANGE: $74,077 - $95,585
|
|
Belvedere Trading, LLC
Floor Trader – Super Pit
|
$104,269/yr
|
RANGE: $90,328 - $118,209
|
|
Selby Jennings
Quantitative Options Trader
|
$82,258/yr
|
RANGE: $71,082 - $93,433
|
|
Pioneer Aero Supply
Sales Trader- Aviation Aftermarket
|
$73,096/yr
|
RANGE: $65,009 - $81,182
|
|
Wolverine Trading
Electronic Options Trader
|
$82,002/yr
|
RANGE: $70,692 - $93,311
|
|
Geneva Trading
US Interest Rate Trader
|
$73,796/yr
|
RANGE: $63,895 - $83,697
|
Top 10 Highest Paying Cities For Derivative Trader Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Derivative Trader can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Derivative Trader job salaries in Illinois.
Some cities can pay higher salaries for Derivative Trader jobs, which can indicate that there is a large demand for Derivative Trader positions in this city.
The following table shows top 10 cities where the Derivative Trader salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Derivative Trader salary is $88,323 in Chicago,
which is higher than the national average. There are 20 cities' Derivative Trader salary higher than national average in Illinois.
The average salary for a Derivative Trader in Illinois is $87,118,
but we found that the city with the highest salary for Derivative Trader jobs is Chicago, IL, and it is higher than Cicero.
Derivative Trader jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $88,323 | $7,360 | $1,699 | $42 |
| Cicero | $88,323 | $7,360 | $1,699 | $42 |
| Oak Park | $88,323 | $7,360 | $1,699 | $42 |
| Evanston | $88,289 | $7,357 | $1,698 | $42 |
| Skokie | $88,289 | $7,357 | $1,698 | $42 |
| Oak Lawn | $88,221 | $7,352 | $1,697 | $42 |
| Des Plaines | $88,084 | $7,340 | $1,694 | $42 |
| Mount Prospect | $88,016 | $7,335 | $1,693 | $42 |
| Aurora | $87,639 | $7,303 | $1,685 | $42 |
| Hoffman Estates | $87,563 | $7,297 | $1,684 | $42 |
What Does a Derivative Trader Do?
Currently the market for exotic derivatives is on the downslide and that of plain vanilla options is highA derivative trader is a person who manages volatility, provides liquidity and is in the thick of the financial world and enjoys handling and managing data.
Updated December 12, 2021
A derivative trader needs to optimize his ratios at various strike levels to ensure good optionality for different levels of purchase and sales.
Updated October 16, 2021
Today, a derivative trader is most likely to be found in front of a computer making his estimates and tinkering with code to make faster and better calls.A day at the office would most likely start by the derivatives trader looking at all the data feeds available to him.
Updated October 08, 2021
Today, a derivative trader is most likely to be found in front of a computer making his estimates and tinkering with code to make faster and better calls.
Updated September 27, 2021
A derivative trader needs to have quick reflexes, assertive, comfortable with mathematics and someone who can optimize on the ratio of risk taking and rewards.
Updated December 21, 2021
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Explore JobArchitectFrequently Asked Questions About a Derivative Trader Salaries
What is the average of a Derivative Trader in Illinois?
The Derivative Trader salary range is from $68,445 to $104,678, and the average Derivative Trader salary is $87,118/year in Illinois.
The Derivative Trader's salary will change in different locations.
Which location pays the highest Derivative Trader salary in the United States?
The Derivative Trader salary in San Jose, CA is $107,802
which is the highest in the US.
What kinds of reasons will influence the Derivative Trader's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Derivative Trader.
What is the growth rate of the Derivative Trader's salary?
If you are thinking of becoming a Derivative Trader or planning the next step in your career, find the detailed salary report of a Derivative Trader.
