Quantitative Researcher
Quantitative Researcher responsible for analyzing execution data, developing market impact and trading cost models, and optimizing execution strategies across equities, futures and other asset classes to minimize transaction costs. Requires 3+ years in electronic execution at a quant trading firm, strong quantitative skills, and Python proficiency.
About the job
Responsibilities
- Optimize daily execution of multi-billion notionals across equities, futures, and expanding list of asset classes.
- Develop tools to continuously analyze execution data across various trading instruments.
- Manage and update trading cost and market impact models across all asset classes.
- Extract actionable insights from recent execution performance along with years of history.
- Develop hypotheses and design studies to further improve our trading; present results to senior researchers.
- Work with brokers to implement new execution strategies to further improve transaction costs and fill rates.
- Work with our Operations team to ensure best execution services provided by brokers.
Requirements
- Bachelor's, Master’s, or Ph.D. degrees in Mathematics, Statistical Modeling, Computer Science or other related STEM fields.
- 3+ years of experience working in an electronic execution role within quantitative trading company.
- Strong quantitative skills, detail oriented, and proficiency in Python programming.
Benefits
- Competitive salary, plus bonus based on individual and company performance.
- Collaborative, casual, and friendly work environment while solving the hardest problems in the financial markets.
- PPO Health, dental and vision insurance premiums fully covered for you and your dependents.
- The base salary for this role is $130,000 to $200,000, and will be determined based on the candidate’s educational background and professional experience. Base salary is one component of Trexquant’s total compensation package, which may also include a discretionary, performance-based bonus.
Skills
Python, Quantitative Research, Market Impact Models, Trade Cost Analysis, Statistical Modeling, Data Analysis
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