# Quantitative Researcher

**Company:** [Trexquant](https://hotfix.jobs/companies/trexquant)
**Location:** New York, NY
**Role:** Data Science
**Salary:** $130k – $200k/yr
**Experience:** 3+ years
**Skills:** Python, quantitative research, market impact models, trade cost analysis, Statistical Modeling, Data Analysis
**Posted:** 2026-07-21

> 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.

## Job Description

## 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.

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