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Five Rings Capital

Trades global markets with quantitative strategies

Experienced/Lateral - Quantitative Researcher

Full-Time
$300k/yr+ Bonus
Mid
Bachelor's
New York, NY, USA
In Person
Quantitative FinanceQuantitative Research

About the job

Requirements
  • Must possess a Bachelor's degree in computer science, economics, mathematics, physics, statistics, or another qualifying field
  • Minimum of two years' work experience involving the development of quantitative trading strategies in futures and/or equities
  • Experience conducting data analysis involving large financial datasets to find intraday signals for mid- to high-frequency trading
  • Exceptionally mathematically proficient
  • Possesses a hunger to work on some of the most complex mathematical problems
  • Risk taker and problem solver
  • Explores innovative thinking and analytical methodologies
  • Extremely detail-oriented and thrives in a fast-paced, highly collaborative environment
  • Eager to continue to learn and grow your skills
  • Proficiency in statistical languages and/or packages in R, python, or similar
Responsibilities
  • Identify new opportunities in the markets we trade
  • Construct or enhance market models
  • Develop analyses and simulations
  • Implement models in our trading systems
  • Test models in real time
  • Collaborate with traders and software developers

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

Get referred to Five Rings Capital

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Simplify Jobs

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
Nov 17th, 2025
Energy Exchange ElectronX Raises $30M Series A Round

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.