Seven Eight Capital

Seven Eight Capital

Hedge fund specializing in quantitative trading

About Seven Eight Capital

Simplify's Rating
Why Seven Eight Capital is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2012

Overview

Seven Eight Capital focuses on quantitative trading and statistical arbitrage, using advanced mathematical models and technology to exploit market inefficiencies. The firm serves institutional clients, trading various financial instruments in the U.S. and Europe. Their strategies involve analyzing large datasets and executing trades quickly to profit from small price discrepancies. With a highly educated team led by experienced professionals, the company aims to deliver consistent returns regardless of market conditions.

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Simplify's Take

What believers are saying

  • Adoption of machine learning enhances model sophistication and market inefficiency detection.
  • Alternative data sources offer new insights for improved trading strategies.
  • Quantum computing shows potential in enhancing statistical arbitrage strategies.

What critics are saying

  • Increased competition from AI-driven trading firms may erode market share.
  • Reliance on high-frequency algorithms exposes firm to algorithmic error risks.
  • Regulatory scrutiny on quantitative trading could impact strategies and profitability.

What makes Seven Eight Capital unique

  • Founded by Carnegie Mellon alumni, leveraging advanced mathematical models since 2012.
  • Specializes in quantitative trading and statistical arbitrage for institutional clients.
  • Team of 15 professionals, 87% with advanced degrees, led by Stephen Cash.

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Benefits

Health: Medical and dental insurance

4 weeks PTO

Modern office: snack/refreshment station, gaming area, gym and wellness rooms

Hybrid work policy

Biweekly lunch and learns

Company social and team-building events

Company News

MarketBeat
Dec 5th, 2024
Vestis Co. (NYSE:VSTS) Shares Sold by Redwood Investment Management LLC

Finally, Seven Eight Capital LP purchased a new stake in Vestis in the 2nd quarter worth approximately $1,627,000.

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $110,000 in Weibo Co. (NASDAQ:WB)

Seven Eight Capital LP invests $110,000 in Weibo Co. (NASDAQ:WB).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Makes New $224,000 Investment in Silicon Motion Technology Co. (NASDAQ:SIMO)

Seven Eight Capital LP makes new $224,000 investment in Silicon Motion Technology Co. (NASDAQ:SIMO).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $252,000 in FirstEnergy Corp. (NYSE:FE)

Seven Eight Capital LP invests $252,000 in FirstEnergy Corp. (NYSE:FE).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $246,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Seven Eight Capital LP invests $246,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR).

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