Radix Trading

Radix Trading

Research-focused trading firm using machine learning

Quantitative Research Intern

Summer 2023Posted on 8/3/2023
No salary listed
Internship
Bachelor's, Master's, MBA, PharmD, PhD, Associate's
Chicago, IL, USA

About the job

Requirements
  • We're looking for highly analytical people (math, physics, computer science, statistics, electrical engineering, etc.) who want to help build the research-driven trading firm of the future. To do that, you'll need the following qualities:
  • > Persistent Drive to Improve - Do you have an innate desire to rise to the next level, even after great accomplishment?
  • > Creative Problem Solving and Probabilistic Thinking - You must enjoy learning and implementing new concepts quickly, combining knowledge from different domains to create new ideas, and take a data-driven and probabilistic approach to testing and implementing new ideas
  • > Team Mindset - We want people who understand 1+1 > 2 and are as committed to making the team better through sharing ideas as they are driven to improve their individual performance
  • > Mental Flexibility & Self Awareness - You'll have to frequently adapt based on new data, results, and feedback on your trading ideas and your performance
  • > Orientation for Making Money - Although we value academic training, our work is not an academic exercise. We take a hacker's approach to testing ideas, dropping projects that consume time without high upside, and focusing our next efforts on what will create the most value for the firm
  • > Strong intuition and deep thinking with data sets - Designs new alphas, understands complex systems; knows where to start, or ask others where to start
  • > Demonstrates strong “hacking” ability to quickly get into data to look for empirical relationships and decipher noise or signal
  • > Familiarity with classical statistical methods and knows when and how to apply them in a rigorous fashion; Easily learns how to apply new statistical methods; will seek out and learn new methods to better solve problems
  • > Constantly questions finance/trading data and stays motivated to seek answers despite most often proving that there is no correlation or signal
  • > Experience in setup of research framework and execution of projects
  • > Understanding of financial products, market dynamics, and microstructure
  • > Low-level computer languages like C++ or Python, Java, etc.; awareness of strength in particular language and ability to solve more complex problems due to understanding nuances of the language

About the company

Radix Trading is a research-driven trading firm that uses machine learning and statistical methods to develop and monetize trading strategies. It operates in major electronic markets across North America, Europe, and Asia, supported by a proprietary automated research platform and continuously evolving strategies. The firm distinguishes itself by private funding with no outside investors, an open culture that favors rapid idea execution, and a team of interdisciplinary academics and technologists focused on longer-horizon, statistically driven opportunities rather than traditional high-frequency trading. Its goal is to generate returns by deploying advanced, independently developed trading strategies that stay ahead of the competition in electronic markets.

Company Size

51-200

Company Stage

Private

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2014

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Simplify Jobs

Simplify's Take

What believers are saying

  • MIT listed 2026 university recruiting across research, technology, and business before September 3.
  • Greenhouse showed 8 openings on June 24, 2026, spanning research and hardware.
  • LinkedIn listed HQ in Chicago with active New York and Amsterdam offices on September 1, 2026.

What critics are saying

  • The 2023 Binance CFTC lawsuit linked Radix to offshore crypto trading scrutiny.
  • Hiring across 8-11 roles in 2026 signals persistent talent churn and execution pressure.
  • A single compliance misstep can trigger exchange bans, subpoenas, and existential prop-trading damage.

What makes Radix Trading unique

  • Chicago, New York, and Amsterdam offices access North America, Europe, and Asia markets.
  • Radix Trading is privately funded, keeping strategy control and capital allocation internal.
  • Open roles in C++, FPGA, HPC, and DevOps signal deep in-house research infrastructure.

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Benefits

Performance Bonus

INACTIVE