How much does an Algorithmic Trader make hourly in the United States? The average hourly wage for an Algorithmic Trader in the United States is $52 as of March 26, 2024, but the salary range typically falls between $38 and $61. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Based on HR-reported data: a national average with a geographic differential
Algorithmic Trader Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Algorithmic Trader Salary $26 US March 26, 2024
25th Percentile Algorithmic Trader Salary $38 US March 26, 2024
50th Percentile Algorithmic Trader Salary $52 US March 26, 2024
75th Percentile Algorithmic Trader Salary $61 US March 26, 2024
90th Percentile Algorithmic Trader Salary $69 US March 26, 2024
25% $38 10% $26 90% $69 75% $61 $52 50%(Median) Didn’t find job title? Click
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Check out Algorithmic Trader jobs in Columbus, Ohio

Systems Security Analyst / Cybersecurity Engineer / Mostly Remote

Global Engineering & Technology, Inc. - Cleveland, OH

Systems Security Analyst / Cybersecurity Engineer / Mostly Remote

Global Engineering & Technology, Inc. - Columbus, OH

Algorithmic Trader

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Job Openings for Algorithmic Trader
Algo Capital Group - Chicago , IL
Algorithmic Trader- HFT A world-leading trading firm is seeking an Algorithmic Trader as part of their elite index vol trading team in options market making, which is on a rapid expansion due to incredible performance. Reporting to the Head of Trading, lead a team of three quants working on various options market making strategies. Design algorithms, generate alpha, manage risk, execute trades systematically, and drive PnL with the team. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded. Responsibilities: Build on existing research and trading experience to drive the profitability of a highly electronic trading operation. Generate alpha, manage risk, execute trades, and drive PnL with an excellent team. Conduct research and experiments to improve existing trading strategies and deploy new strategies that monetize opportunities in a constant
- 1 day ago
Wambolt & Associates - Littleton , CO
Our Firm Our wealth management firm employs a multi-advisor approach to provide clients with a high level of tax, estate, and investment advisory services all under one roof. We focus on families, small business owners and individuals with complicated fiscal dynamics. We are a growing wealth management firm which is expanding our team this year by adding a Trader. This is your chance to play a key role in the future success of our growing organization. Position Overview As a Trader, you will trade individual stock, bonds, and other investment instruments. You will be responsible for reviewing the client portfolios and preparing client portfolio proposals. Along with working closely with the advisor teams. Responsibilities · Trade individual stocks and bonds over multiple custodial platforms. · Review and manage retail client portfolios. · Create client portfolio proposals for new and existing clients in support of advisor teams. · Apply knowledge of market and economic trends to existi
- 1 day ago
Algo Capital Group - Chicago , IL
Algorithmic Trader- HFT A world-leading trading firm is seeking an Algorithmic Trader as part of their elite index vol trading team in options market making, which is on a rapid expansion due to incredible performance. Reporting to the Head of Trading, lead a team of three quants working on various options market making strategies. Design algorithms, generate alpha, manage risk, execute trades systematically, and drive PnL with the team. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded. Responsibilities: Build on existing research and trading experience to drive the profitability of a highly electronic trading operation. Generate alpha, manage risk, execute trades, and drive PnL with an excellent team. Conduct research and experiments to improve existing trading strategies and deploy new strategies that monetize opportunities in a constant
- 2 days ago
CW Talent Solutions -
An exciting opportunity to a Global Top10 Hedgefund has come live and they are currently seeking Systematic Trader to join the New York office. Managing the daily execution of our quantitative systematic trading tactics involves making real-time judgments to mitigate risk, adapting to evolving market dynamics, responding to observed trading patterns, and addressing a wide range of alerts from our advanced monitoring system. Collaboration with the firm's strategy creators and technology experts is crucial to enhance our trading platform and capitalize on business prospects effectively. Responsibilities: Partner with developers, researchers, and technology teams to manage the daily operation of our systematic trading platform. Facilitate business growth by developing a deep understanding of market microstructure, products, regulations, and our trading platform (including new regions/venues/products), and defining new technology requirements. Drive the continual improvement of our world-c
- 3 days ago
Progressive American Insurance - Stamford , CT
As a trader in our capital management group, youll provide transactional support to the Chief Investment Officer, Head of Trading, portfolio managers and analysts, working to devise strategies on how to best execute on investment ideas. Youll lead the trading effort in 1-2 sectors of the fixed income portfolio.Must-have qualificationsMaster's degree or higher with at least 3 years of relevant work experienceIn lieu of a master's degree, bachelor's degree with at least 5 years of relevant work experienceAt least two years of fixed income trading experiencePreferred skills Knowledge of fixed income, bond math, yield curve dynamics, accounting, corporate credit analysis, structured bond fundamentals, macro-economics and market regulationsAbility to independently conduct fixed income research; analysis may focus on individual securities, sectors or the development of quantitative system analyticsKnowledge and understanding to make buy/sell recommendationsStrong relationship building skills
- 3 days ago
Citigroup - New York , NY
Citibank, N.A. seeks a Trader for its New York, New York location. Duties: Financing and hedging, including raising financing, hedging/monetizing stock positions. Providing market risk hedging and stake management such as strategies for acquiring, disposing, hedging, or yield enhancement, and other solutions including equity-linked issuance management, share buybacks, employee stock option hedging, and hedging share issuance. Helping price, trade, and risk manage the exotic and bespoke structures traded by the desk. Supporting the development and expansion of the margin loan platform. Structuring and pricing complex and concentrated derivatives. Executing stock and futures on the U.S. exchange to help hedge and risk manage the first derivative delta risk of the desks dynamic portfolio. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements: Requires a Bachelors degree, or foreign
- 3 days ago

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Understand the total hourly compensation opportunity for an Algorithmic Trader, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
38
61
52

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
65
105
89
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Algorithmic Trader in the United States. The average hourly rate for Algorithmic Trader ranges from $38 to $61 with the average hourly pay of $52. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $65 to $105 with the average total hourly cash compensation of $89.

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38
61