Quantitative Researcher - Execution (USA)

Trexquant-Investment-Lp; Stamford (CT); On-site; USD 130,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Dependent premiums covered

Job summary

Trexquant seeks a Quantitative Researcher to join the Execution team, responsible for compiling and analyzing execution data across asset classes, and building market impact models to minimize costs and boost performance.

You will collaborate with traders, researchers, and operations to develop, test, and refine execution strategies, presenting results to senior researchers. Strong Python skills and 3+ years in electronic execution are required.

Qualifications

• 3+ years of experience in an electronic execution role within a quantitative trading company.
• Bachelor's, Master’s, or Ph.D. in Mathematics, Statistical Modeling, Computer Science or related STEM fields.
• Strong quantitative skills, detail-oriented, proficient in Python programming.

Responsibilities

• Optimize daily execution of multi-billion notionals across equities, futures, and expanding asset classes.
• Develop tools to analyze execution data across trading instruments.
• Manage and update trading cost and market impact models across asset classes.
• Extract actionable insights from recent execution performance and history.
• Develop hypotheses and design studies to improve trading and present results to senior researchers.
• Collaborate with brokers to implement new execution strategies to reduce costs and improve fill rates.
• Work with Operations to ensure best execution services provided by brokers.

Skills

Python programming

Quantitative analysis

Data analysis

Education

Bachelor's/Master’s/Ph.D. in STEM

Tools

Python

Job description

We are seeking a Quantitative Researcher to join our Execution team. In this role, you will be directly responsible for compiling and analyzing execution data in several asset classes, working on market impact models and trade cost analysis to minimize transaction costs and enhance performance of company portfolios. You will work closely with teams of traders, researchers, and operations to develop, test, and refine execution strategies that drive continuous improvement of our trading operations.

Responsibilities:

• Optimize daily execution of multi-billion notionals across equities, futures, and expanding list of asset classes
• Develop tools to continuously analyze execution data across various trading instruments
• Manage and update trading cost and market impact models across all our asset classes
• Extract actionable insights from recent execution performance along with years of history
• Develop hypotheses and design studies to further improve our trading; present results to senior researchers
• Work with brokers to implement new execution strategies to further improve transaction costs and fill rates
• Work with our Operations team to ensure best execution services provided by brokers

• Bachelor's, Master’s, or Ph.D. degrees in Mathematics, Statistical Modeling, Computer Science or other related STEM fields
• 3+ years of experience working in an electronic execution role within quantitative trading company
• Strong quantitative skills, detail oriented, and proficiency in Python programming

• Competitive salary, plus bonus based on individual and company performance
• Collaborative, casual, and friendly work environment while solving the hardest problems in the financial markets
• PPO Health, dental and vision insurance premiums fully covered for you and your dependents

Applications are open for both Stamford and New York City offices, the latter with a planned opening in September 2026.

The base salary for this role is $130,000 to $200,000, and will be determined based on the candidate’s educational background and professional experience. Base salary is one component of Trexquant’s total compensation package, which may also include a discretionary, performance-based bonus. This position is classified as overtime-exempt.

Trexquant is an Equal Opportunity Employer