DRW

Quantitative Researcher, Equities

DRW  •  Singapore, SG (Onsite)  •  6 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

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. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

Algorithmic Trading Researchers at DRW apply tools from a variety of disciplines including statistics, control theory, machine learning, optimization, and signal processing to develop algorithmic trading strategies. Our research team collaborates on idea generation and strategy development, while encouraging independent exploration and original approaches. Researchers have access to clean data integrated with a high performance-computing grid and the support of dedicated software developers.

What you’ll do in this role

  • 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

  • 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

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice

#LI-PR1

DRW

About DRW

At DRW, we identify and capture trading and investment opportunities globally. What sets us apart is our diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. We succeed by leveraging technology, research and risk management.

We offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.

//

Chez DRW, nous identifions et saisissons les opportunités de négociation et d'investissement au niveau mondial. Ce qui nous différencie, c'est notre approche diversifiée : nous négocions sur de nombreuses classes d'actifs et d'instruments, sur des marchés du monde entier, avec des horizons allant de quelques secondes à plusieurs années. Nous réussissons en nous appuyant sur la technologie, la recherche et la gestion des risques. Nous offrons le meilleur des deux mondes: les opportunités et l'ésprit d’une entreprise en démarrage, et les avantages et la stabilité d'une entreprise établie et expérimentée. Nos employés travaillent dur pour résoudre des problèmes intéressants et leurs résultats sont récompensés. Nous valorisons l'apprentissage continu – de nos résultats, de l’environnement et de chacun de nous. C’est un lieu où les attentes sont élevées, la curiosité est profonde et la collaboration est constante, et où l’on retrouve quelques-uns des individus les plus intelligents et les plus passionnés que vous puissiez rencontrer.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Chicago, IL
Year Founded
Unknown
Website
drw.com
Social Media