7mo ago

Quantitative Researcher, Equities

OtherResearcherQuantitative ResearcherRecruitment & Talent Acquisition

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Quick Summary

Overview

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.

Technical Tools

OtherResearcherQuantitative ResearcherRecruitment & Talent Acquisition

Responsibilities

~1 min read

→Research and develop intraday statistical arbitrage strategies in equities
→Analyze high-frequency market data to identify short-term predictive signals
→Build and evaluate models for intraday alpha, risk, transaction costs, liquidity, and portfolio construction.
→Collaborate with traders and engineers to implement, monitor, and improve systematic trading strategies in production.
→Apply rigorous statistical testing, simulation, and performance attribution to validate signals and trading performance.
→Create and refine high-quality predictive signals using statistics, machine learning, and signal processing techniques.
→Identify and mathematically characterize inefficiencies in financial markets.
→Apply NLP and other cutting-edge methods to uncover alpha in non-traditional datasets.
→Utilize advanced optimization techniques to design and construct optimal portfolios.
→Design and implement automated trading agents to achieve superior execution performance.
→Formulate research problems, conduct rigorous analysis, and transition ideas into fully functional trading systems.

Requirements

~1 min read

4+ years of professional experience in equity/futures statistical arbitrage or systematic trading research.
Advanced degree in a quantitative field with a focus on statistics, mathematics, machine learning, signal processing or optimizations
Experience in handling large datasets using languages such as Python or C++
Significant hands-on experience with formulating a research problem, conducting the research and developing a working system
Proven track record in delivering successful systematic strategies is plus
Self-starter with strong proactivity, sets ambitious goals, willingness to drive and own projects, and proactively identifies opportunities for impact
Excellent verbal and written communication skills
Meticulous attention to details and accuracy in work