Full-Time
Software Development Intensive Program
Updated on 12/21/2024
Five Rings Capital
201-500 employees
Proprietary trading firm using data-driven strategies
Compensation Overview
$2kMonthly
Entry
New York, NY, USA
Located at Five Rings HQ in New York City.
- Current sophomores (those in their second year of university)
- Experience or knowledge in C++ and Python
- Familiarity with Linux development environment
- Participate in a 5-day workshop exploring how trading systems technologies are designed and built
- Cover a wide range of topics from network protocol stacks and distributed systems to C++23 and fundamentals of automated trading system programming
Five Rings Capital is a proprietary trading firm that uses data-driven strategies to trade in various global markets. The firm focuses on executing trades quickly, often within days or weeks, to provide liquidity and serve a diverse clientele, including financial institutions and individual investors. Unlike many competitors, Five Rings emphasizes a team-first culture that promotes collaboration and mentorship, fostering an environment where innovation and analytical thinking are encouraged. The firm's business model relies on trading its own capital, profiting from the difference between buying and selling prices. The goal of Five Rings Capital is to develop skilled professionals while efficiently navigating the fast-paced financial markets.
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2009
Simplify's Take
What believers are saying
- Machine learning algorithms optimize trade execution and improve profitability for Five Rings.
- Alternative data sources provide unique insights for competitive advantage in trading.
- Quantum computing shows potential to revolutionize strategy development for Five Rings.
What critics are saying
- Increased competition from AI-advanced algorithmic trading firms threatens Five Rings' strategies.
- Regulatory scrutiny may impact Five Rings' operational flexibility in 2024.
- DeFi platforms attract liquidity away from traditional firms like Five Rings.
What makes Five Rings Capital unique
- Five Rings Capital excels in leveraging data-driven strategies for global market trading.
- The firm fosters a team-first meritocracy, emphasizing collaboration and mentorship.
- Rapid strategy execution from insight to implementation is a core strength of Five Rings.
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