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Quantitative Researcher
Posted on: 29 Aug 2022
New York, New York
Job Description
Overview
As a quantitative researcher with one of GTS’ market making teams you will work closely with the team’s quants and traders to research, develop and implement new ideas. You will be an integral part of a small team and directly help drive innovation and improvement in a very competitive marketplace. You will gain insight into how trading desks operate and how our traders evaluate trading opportunities.
Responsibilities
Typical day to day tasks will include making improvements to pricing algorithms or volatility modeling, analyzing market and execution data to find patterns to develop new trading strategies or mathematical modeling for risk management and trade sizing algorithms. Since there is a large research component, the role requires a high degree of independence. Successful candidates will work on projects across the quantitative trading space and will need to be comfortable taking initiative and managing projects through a full life cycle from initial research to final production quality implementation.
Qualifications
BS/M.S. from a leading university in a quantitative discipline such as math, physics, statistics, computer science, engineering, or economics.
At least 2 years of prior relevant work experience
Deep understanding and ability in mathematics and statistics.
Strong programming skills in Python and/or C++
Excellent communication skills: the ability to express complex concepts in simple terms.
Demonstrated interest in strategic and competitive games.
We're proud to employ some of the leading talent in the industry, and we work to ensure our employees enjoy a high quality-of-life
What We Offer:
The chance to learn from experienced traders at the top of their field.
Mentorship in decision science, game theory and trading strategy development.
Perks: Free lunch daily and a fully stocked pantry at our Madison Avenue office.
Casual dress code.
Global Trading Systems
New York, New York
GTS is a leading global electronic market maker, powered by combining market expertise with innovative, proprietary technology. As a quantitative trading firm continually building for the future, GTS leverages the latest in artificial intelligence systems and sophisticated pricing models to bring consistency, efficiency, and transparency to today’s financial markets. GTS accounts for 3-5% of daily cash equities volume in the U.S. and trades over 30,000 different instruments globally, including listed and OTC equities, ETFs, futures, commodities, Fixed Income, foreign exchange, and interest rate products.
GTS is the largest Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $12 trillion of market capitalization. Our workplace of 200 plus employees welcomes people of all backgrounds and experiences, and we take pride in our diverse workforce. We evaluate qualified applicants without regard to race, color, national origin, gender or gender identification, sexual orientation, disability, protected veteran status and statuses protected by law. The GTS culture is collaborative and entrepreneurial and welcomes individuals of all kinds.
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IndustryBanking/Financial Services
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No. of Employees200+
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Website
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Jobs Posted48
