Trexquant Investment hiring Global Alpha Trader (GLOBAL) • Remote (Work from Home) | Himalayas
Trexquant InvestmentTI

Global Alpha Trader (GLOBAL)

Trexquant Investment LP is a quantitative finance firm founded in 2014 that utilizes machine learning and data science to develop market-neutral equity portfolios and trading strategies for global markets.

Trexquant Investment

Employee count: 51-200

United States only

This is a global opportunity. Subject to applicable laws, you can join us from anywhere in the world.

We recognize that establishing systematic strategies can be challenging, involving tasks such as setting up the data pipeline, simulating strategies, handling execution, and addressing operational concerns. As a Global Alpha Trader, you can turn your quantitative ideas into profitable strategies without the added burdens of creating a team and infrastructure from scratch.

We welcome individuals with experience in operating systematic strategies across various asset classes, such as global equities, futures, FX, commodities, corporate bonds, and options. While our preference lies with candidates who possess real trading experience in these strategies with a track record of at least one year, we are open to considering applicants with simulation-based experience in exceptional cases.

Responsibilities:

  • Use quantitative methods to systematically build medium-frequency portfolios
  • Develop systematic strategies across various asset classes
  • Apply machine learning and statistical techniques to trading
  • Simulate and execute strategies on the Trexquant Alpha Platform

Requirements

  • A higher education degree (bachelor's, Master’s and Ph. D. degrees) in Math, Engineering, Statistical Modeling, Computer Science or other related fields
  • At least one year of proven track record in operating systematic strategies in any asset class
  • Strong quantitative skills and proficiency in numerical tools such as NumPy and Pandas on Python

Benefits

  • Compensation based on a percentage of profits generated by your strategies
  • Flexibility to work remotely
  • Access to proprietary technology platforms which encompasses working with data, alpha development and strategy formulation
  • Mentoring and guidance from experienced portfolio managers and traders

More about this Program:

What is the purpose of the GAT program?

The aim of the Global Alpha Trader (GAT) program is to draw in traders who possess profitable strategies and wish to operate them on a well-established platform without the need to build everything from the ground up. We recognize that establishing systematic strategies can be challenging, involving tasks such as setting up the data pipeline, simulating strategies, handling execution, and addressing operational concerns. By becoming a part of the GAT program at Trexquant, you can focus on backtesting your strategies on our Trexquant Alpha Platform and efficiently execute your trades without the added burdens.

Who should apply to the GAT program?

We welcome individuals with experience in operating systematic strategies across various asset classes, such as global equities, futures, FX, commodities, corporate bonds, and options. While our preference lies with candidates who possess real trading experience in these strategies with a track record of at least one year, we are open to considering applicants with simulation-based experience in exceptional cases.

What is the hiring process?

The hiring process commences with an initial interview conducted by our HR personnel. If, after this initial discussion, the strategy appears promising, we will proceed to a subsequent interview to evaluate its feasibility. The final interview will be conducted by a senior member of our team. In some cases, we may also administer technical interviews and assign take-home projects as needed.

If you are selected to receive an offer as a GAT, we will provide you with a contractor agreement to review. This agreement covers intellectual property rights, conflict of interest avoidance, confidentiality, and other important terms for legal compliance and our business operations.

What kind of training do I receive?

You will undergo comprehensive training on the Trexquant Alpha Platform, which encompasses working with data, alpha development, strategy formulation, and portfolio construction.

What are GAT's responsibilities?

In your role as a GAT, your responsibilities include simulating your strategies on the Trexquant Alpha Platform. Once your strategies are approved, you will proceed to execute them, aiming to generate profits in line with the expected performance of your strategies.

How are GATs compensated?

As a GAT, your compensation will be based on a percentage share of the profits generated by your strategies.

Can GATs work remotely?

Yes, you have the option to work remotely, provided that both you and the company reach an agreement on a mutually suitable working arrangement.

Trexquant is an Equal Opportunity Employer

About the job

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Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

United States +/- 0 hours

About Trexquant Investment

Learn more about Trexquant Investment and their company culture.

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Trexquant Investment LP embarked on its journey in 2014, founded by Tyger Park, who brought with him a wealth of experience from his tenure at Millennium Partners and its affiliate, WorldQuant, where he served as one of three senior managing directors. The firm was established with a clear vision: to develop and trade statistically based medium-frequency equity strategies. From its inception, Trexquant has been rooted in the principles of traditional quantitative finance. However, what set it apart was its early and steadfast commitment to embracing new and emerging technologies, particularly in the realms of machine learning and data science. This forward-thinking approach has been instrumental in the company's evolution and its ability to stand out in the competitive quantitative finance landscape.

The core of Trexquant's methodology revolves around using rigorous quantitative methods to create market-neutral equity portfolios in global markets. To achieve this, the firm focuses on developing trading signals, or 'Alphas,' derived from a vast and continuously expanding collection of data variables. A proprietary backtesting platform plays a crucial role in refining these signals, ensuring their robustness before they are deployed in live trading. The strategy team then takes these validated Alphas and integrates them as inputs for more complex trading models, known as Strategies. This meticulous process has resulted in an ever-growing and adaptive engine, built from thousands of intricate models and tens of thousands of signals. This sophisticated system is continuously engineered with the objective of outperforming and seeking profit from the market, irrespective of prevailing market conditions. Trexquant's capital is managed across a significant number of cash equity positions, spanning markets in the United States, Europe, Japan, Australia, and Canada. The firm's dedication to research and innovation is further evidenced by its global team, with research offices and a significant number of employees, many of whom possess advanced degrees in science, math, and technology. This commitment to talent and technology has allowed Trexquant to continuously improve its investment and research platform since it began operations.

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