Market Microstructure Researcher

Quberesearchandtechnologies; Hong Kong; On-site; HKD 500,000 - 800,000; Full time

Job summary

Qube Research & Technologies in Hong Kong is seeking a data analyst to optimize trading systems and improve communication performance. The role requires expertise in network protocols and data analysis.

Ideal candidates will possess a degree in Computer Science or Engineering and have over 5 years of experience. The company values diversity and offers programs for a healthy work-life balance.

Qualifications

• 5+ years of experience in data analysis and/or low-level systems and network engineering.
• Strong skills in Python and time-series analysis.
• Understanding of network protocols such as TCP/IP and Ethernet.

Responsibilities

• Analyse network and exchange protocol captures to identify inefficiencies.
• Research exchange features and communicate with exchange counterparts.
• Reverse-engineer trading systems to improve fill rates.
• Collaborate with trading and research teams to apply findings.
• Work with large datasets to resolve inefficiencies in execution systems.

Skills

Data analysis

Low-level systems engineering

Network engineering

Python

Time-series analysis

TCP/IP

Ethernet

Market microstructure

Low-latency trading

GNU/Linux

Education

Degree in Computer Science, Engineering, or a related field

Job description

Overview

Qube Research & Technologies (QRT) is a global quantitative and systematic investment manager, operating in all liquid asset classes across the world. We are a technology and data driven group implementing a scientific approach to investing. Combining data, research, technology and trading expertise has shaped QRT’s collaborative mindset which enables us to solve the most complex challenges. QRT’s culture of innovation continuously drives our ambition to deliver high quality returns for our investors.

Your future role

Responsibilities

• Network & Protocol Analysis: Analyse network and exchange protocol captures to identify inefficiencies and improve communication performance
• Exchange Research & Liaison: Research exchange features, attend presentations, and communicate with exchange counterparts to gather insights
• Execution Optimization: Reverse-engineer trading systems and design and conduct experiments to improve fill rates
• Cross-team Communication: Collaborate directly with trading and research teams to ensure best application of findings and direct PnL impact
• Data Analysis: Effectively work with large and robust datasets to identify and resolve inefficiencies in internal execution systems and exchange communication

Qualifications

• Degree in Computer Science, Engineering, or a related field
• 5+ years of experience in data analysis and/or low-level systems and network engineering
• Strong skills in Python and time-series analysis
• Understanding of network protocols such as TCP/IP and Ethernet
• Familiarity with market microstructure and low-latency trading is a plus
• Advanced networking and GNU/Linux knowledge is a plus

QRT is an equal opportunity employer. We welcome diversity as essential to our success. QRT empowers employees to work openly and respectfully to achieve collective success. In addition to professional achievement, we are offering initiatives and programs to enable employees achieve a healthy work-life balance.