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Quant salary ranges in Chicago

What open quant & trading postings in Chicago say they pay: the top and the low end of the range each one states, in yearly dollars.

$175,000median top
Bars: how many postings top out in each $25k step. From 153 open postings that state pay, read October 14, 2026.

By level

How far the posted top moves from one level to the next, for quant & trading in Chicago.

The middle half of posted tops by level, in Chicago
  1. Junior35 postings
    $175,000$150k–$190k
  2. Senior19 postings
    $160,000$131k–$203k
  3. Manager and above11 postings
    $200,000$170k–$263k

Best-paying companies in Chicago

Ranked by the median top of their open quant & trading postings in Chicago, among companies with at least three that state pay.

The companies whose quant & trading postings in Chicago state the highest median top
  1. IMC7 with pay
    $250,000$225k–$250k
  2. Morningstar3 with pay
    $226,000$199k–$263k
  3. DRW9 with pay
    $200,000$200k–$240k
  4. Old Mission7 with pay
    $200,000$175k–$213k
  5. Optiver3 with pay
    $200,000$200k–$200k
  6. Tower Research3 with pay
    $200,000$190k–$225k
  7. WorldQuant3 with pay
    $200,000$200k–$225k
  8. BMO3 with pay
    $180,000$145k–$360k
  9. Citi6 with pay
    $180,000$146k–$214k
  10. DV Trading4 with pay
    $180,000$150k–$200k

Quant pay by place

The same work in every place with enough postings, highest median first; Chicago is marked.

The middle half of posted tops for quant & trading, by place
  1. New York663 postings
    $213,000$163k–$250k
  2. SF Bay Area74 postings
    $202,000$175k–$230k
  3. All of the US1,647 postings
    $180,000$131k–$225k
  4. Los Angeles40 postings
    $175,000$129k–$225k
  5. Boston60 postings
    $175,000$140k–$205k
  6. Chicago153 postings
    $175,000$125k–$200k
  7. Remote140 postings
    $104,000$85k–$199k

Other work in Chicago

Using these numbers

  • Before you apply, check where the posting's own range sits against the middle half here. A range far below it is worth a question before you spend an afternoon on the application.
  • When they ask what you expect, a figure inside the middle half for your level is one the market has already posted. Name the top of the posting's range if your experience matches what it asks for.
  • Remember what a top is: the most a company says it may pay for the role. Offers land anywhere in the range, and equity and bonus are not in it.

Questions

How much do quant jobs pay in Chicago?

Open quant & trading postings in Chicago that state pay post a median top of $175,000 a year; the middle half runs from $125,000 to $200,000, and the median low end of the ranges is $140,000. That is from 153 postings as of October 14, 2026.

How does the pay change with level?

For quant & trading postings in Chicago, the median posted top is $175,000 for junior, $160,000 for senior, $200,000 for manager and above.

Which companies post the most for quant & trading in Chicago?

Among companies with at least three postings that state pay, IMC ($250,000), Morningstar ($226,000), DRW ($200,000) post the highest median tops.

Where do these numbers come from?

From the pay ranges employers state in their own open job postings, which DonutApply reads from company job boards and public job feeds every day. They are what a company says it may pay for the role, not salaries anyone reported.

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