How Much Does a Trading Specialist Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Trading Specialist in Illinois is $69,921. While Salary.com is seeing that Trading Specialist salary in IL can go up to $84,927 or down to $54,482, but most earn between $61,840 and $77,776. 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 Trading Specialist
Trading Operations Specialist
$52,503
Illinois
Per Year
Advisory Trading Specialist
$69,883
Illinois
Per Year
FX Trading Specialist I
$75,380
Illinois
Per Year
FX Trading Specialist II
$95,900
Illinois
Per Year
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Similar Job Salaries to Trading Specialist by Company

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Company average base salary in (usd) range
CSC Cboe Services Company
Trading Operations Specialist
$108,979/yr
$95,937
$122,020
RANGE: $95,937 - $122,020
Quanta Search
Trading Operations Specialist
$92,046/yr
$79,864
$104,227
RANGE: $79,864 - $104,227
DRW
Trading Operations Specialist
$68,856/yr
$61,640
$76,071
RANGE: $61,640 - $76,071
$124,216/yr
$109,568
$138,863
RANGE: $109,568 - $138,863
Drake & Associates, LLC
Trading Specialist
$64,058/yr
$56,583
$71,534
RANGE: $56,583 - $71,534
Performance Trust
Trading Analyst
$91,551/yr
$80,158
$102,944
RANGE: $80,158 - $102,944
Belvedere Trading
Trading System Support Analyst
$87,758/yr
$79,161
$96,354
RANGE: $79,161 - $96,354
Wolverine Trading
Trading Application Support
$74,811/yr
$66,558
$83,064
RANGE: $66,558 - $83,064
Algo Capital Group
Trading Systems Engineer
$97,023/yr
$87,601
$106,445
RANGE: $87,601 - $106,445
Adams Dearborn LLC
Settlement Analyst - Power Trading
$80,086/yr
$72,528
$87,645
RANGE: $72,528 - $87,645

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Top 10 Highest Paying Cities For Trading Specialist Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Trading Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Trading Specialist job salaries in Illinois. Some cities can pay higher salaries for Trading Specialist jobs, which can indicate that there is a large demand for Trading Specialist positions in this city.
The following table shows top 10 cities where the Trading Specialist salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Trading Specialist salary is $70,889 in Chicago, which is higher than the national average. There are 20 cities' Trading Specialist salary higher than national average in Illinois.
The average salary for a Trading Specialist in Illinois is $69,921, but we found that the city with the highest salary for Trading Specialist jobs is Chicago, IL, and it is higher than Cicero. Trading Specialist 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 $70,889 $5,907 $1,363 $34
Cicero $70,889 $5,907 $1,363 $34
Oak Park $70,889 $5,907 $1,363 $34
Evanston $70,861 $5,905 $1,363 $34
Skokie $70,861 $5,905 $1,363 $34
Oak Lawn $70,806 $5,901 $1,362 $34
Des Plaines $70,697 $5,891 $1,360 $34
Mount Prospect $70,642 $5,887 $1,358 $34
Aurora $70,340 $5,862 $1,353 $34
Hoffman Estates $70,278 $5,857 $1,352 $34

What Does a Trading Specialist Do?

They typically do not receive the trading advantages a specialist does, but they do get some, such as the ability to.
Updated December 16, 2021
Despite all of these duties, the number of specialists declined over time, thanks to electronic trading.
Updated December 04, 2021
Before the stock market opened for the trading day, specialists attempted to find a fair opening price for a stock.
Updated November 10, 2021
If you are thinking of becoming a Trading Specialist or planning the next step in your career, find details about.
Updated November 05, 2021
Who acted on behalf of customers who bought and sold the stock, gathered around a specialist's trading post to learn the best bid and ask offers for a security or a stock.
Updated November 02, 2021

Frequently Asked Questions About a Trading Specialist Salaries

What is the average of a Trading Specialist in Illinois?

The Trading Specialist salary range is from $61,840 to $77,776, and the average Trading Specialist salary is $69,921/year in Illinois. The Trading Specialist's salary will change in different locations.

Which location pays the highest Trading Specialist salary in the United States?

The Trading Specialist salary in San Jose, CA is $86,522 which is the highest in the US.

What kinds of reasons will influence the Trading Specialist'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 Trading Specialist.

What is the growth rate of the Trading Specialist's salary?

If you are thinking of becoming a Trading Specialist or planning the next step in your career, find the detailed salary report of a Trading Specialist.