Summer 2023
C++ Quantitative Technologist Intern
Posted on 8/3/2023
Radix Trading
51-200 employees
Research-focused trading firm using machine learning
No salary listed
Chicago, IL, USA
 Software Engineering |
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- We're looking for highly analytical people who want to help build the research-driven trading firm of the future. And 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 accomplishments?
- > 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 ideas and 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
- > Low-level computer languages like C or C++; awareness of strength in particular language and ability to solve more complex problems due to understanding nuances of the language
- > Understanding of data structures, algorithmic complexities, and numerical algorithms
- > Systems Architecture - knowledge and experience with distributed systems and communication
- > Software Architecture - knowledge and experience working with a large code base
- > Development Processes - experience delivering and deploying software in production environments
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
Simplify's Take
What believers are saying
- FIA membership boosts visibility and networking in derivatives markets.
- Amsterdam office since August 2017 leverages post-Brexit regulatory advantages.
- Co-founders Benjamin Blander and Michael Rauchman bring Citadel and GETCO expertise.
What critics are saying
- Jane Street captures 25% more volume, eroding Radix's arbitrage profits.
- CFTC targets manipulative patterns, imposing $50M fines and strategy bans.
- Talent exodus to Hudson River Trading's $900k packages depletes research team.
What makes Radix Trading unique
- Radix Trading employs machine learning and statistical methods beyond high-frequency trading.
- Privately funded structure enables independent strategy development without investors.
- Interdisciplinary team of academics and technologists drives automated research platform.
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Benefits
Performance Bonus