Quantitative Execution Researcher: Optimize Trade Costs & Impact

Trexquant Investment; New York (NY); On-site; USD 130,000 - 200,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonus

Premium health insurance

Job summary

Trexquant Investment is seeking a Quantitative Researcher for the Execution team. You will compile and analyze execution data across asset classes and develop market impact models to minimize costs and boost portfolio performance.

You will collaborate with traders, researchers, and operations to test and refine execution strategies, presenting findings to senior researchers and implementing improvements with brokers.

Qualifications

• 3+ years of experience in electronic execution roles within quantitative trading
• Strong quantitative skills and attention to detail
• Proficiency in Python programming

Responsibilities

• Optimize daily execution across equities, futures and growing asset classes
• Develop tools to analyze execution data across trading instruments
• Manage and update trading cost and market impact models
• Extract actionable insights from execution history
• Develop hypotheses and studies to improve trading performance and present results
• Collaborate with brokers to implement new execution strategies and improve fill rates
• Work with Operations to ensure best execution services provided by brokers

Skills

Python programming

Quantitative analysis

Education

Mathematics / Statistical Modeling / Computer Science (BSc/MSc/PhD)

Job description

Trexquant Investment is seeking a Quantitative Researcher for the Execution team. You will compile and analyze execution data across asset classes and develop market impact models to minimize costs and boost portfolio performance.

You will collaborate with traders, researchers, and operations to test and refine execution strategies, presenting findings to senior researchers and implementing improvements with brokers.