Quantitative Trader
About the job
- Graduating in winter of 2026 or spring/summer of 2027.
- Be quantitatively focused.
- Thrive in a highly collaborative and fast-paced environment.
- Be a quick learner.
- Be intellectually curious.
- Be detail-oriented.
- Be a self-starter.
- Manage unique strategies in rapidly evolving live markets.
- Tune model parameters to reflect prevailing conditions.
- Execute trades based on model recommendations.
- Evaluate real-time feedback from market participants’ reactions and reincorporate this information into models.
- Analyze risks and rewards, explore new strategies, and collaborate with quants and software developers to build and optimize trading models.
- Develop ideas and analyses independently and collaboratively, and integrate them into trading strategies and systems.
About the company
Five Rings Capital trades financial instruments in domestic and international markets using quantitative research and technology to identify profitable opportunities. It operates across widely traded products and less familiar markets, bringing researchers, traders, and developers together to build and refine its strategies. Its software connects to exchanges, turns mathematical models into executable code, and gives traders tools to act on market information. The firm trades its own capital and earns returns from these positions rather than managing money for clients or outside investors. Five Rings Capital was founded in 2009 and is headquartered in New York City, United States.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2009
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Simplify's Take
What believers are saying
- Oil submissions gain a channel: Platts accepted Five Rings for European crude derivative assessments in August 2026.
- Trader base pay is substantial: Five Rings lists $300,000 annually for New York graduate traders.
- Research interns receive focused coaching: Five Rings assigns each New York PhD intern a fully dedicated mentor.
What critics are saying
- Trader bonuses are uncertain: Five Rings' New York graduate package makes compensation above base salary discretionary.
- Research demands context switching: Five Rings describes alternating live-market model adjustments with weeks of dataset analysis.
- The PhD internship requires doctoral study: Five Rings' New York program accepts candidates pursuing a qualifying PhD.
What makes Five Rings Capital unique
- Researchers inspect detailed market orders: Five Rings uses BMLL's full-depth datasets and Python research sandbox.
- Intern models run in production: Five Rings describes implementing one research intern's models.
- Trader training simulates markets: Five Rings' nine-week New York internship includes custom strategy games and mock trading.
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Benefits
Performance Bonus
Company News
ElectronX has closed a $30 million Series A led by seed round investor DCVC and joined by XTX Markets, Five Rings, NGP, GTS, and JACS Capital, along with returning investors Innovation Endeavors, Systemiq Capital, Equinor Ventures and Shell Ventures.