Full-Time

Quantitative Researcher

Full-Time, PhD+

Radix Trading

Radix Trading

51-200 employees

Research-focused trading firm using machine learning

No salary listed

Chicago, IL, USA + 1 more

More locations: New York, NY, USA

In Person

Category
Quantitative Finance (2)
,
Required Skills
C/C++
Requirements
  • Currently a PhD Student, Postdoc, Professor, or hold a similar advanced research position at a University
  • 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 problem
  • Experience with modern AI techniques and methods or desire to work on Applied Machine Learning Problems a plus
  • 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
  • Experience programming in Low-level computer languages (like C++); awareness of strength in particular language and ability to solve more complex problems due to understanding nuances of the language
Desired Qualifications
  • Experience with modern AI techniques and methods or desire to work on Applied Machine Learning Problems a plus

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 Jobs

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