𝐃𝐢𝐝 𝐘𝐨𝐮 𝐊𝐧𝐨𝐰 𝐐𝐮𝐚𝐧𝐭 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐖𝐚𝐬 𝐭𝐡𝐞 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐏𝐚𝐢𝐝 𝐈𝐧𝐭𝐞𝐫𝐧𝐬𝐡𝐢𝐩 𝐨𝐟 2024?

Quantitative finance roles have solidified their position as a rewarding and promising career path over Sales and Trading and Investment Banking.

Infact Citadel & Point72 offered weekly salary of $5,750 for 2025 Quant Developer and Quant Research summer internships 😱 

🔟Hudson River Trading - $54,383

The multi-asset class Quantitative Trading firm provides liquidity on global markets and directly to clients. With offices in HK, SG, Shanghai, & London, HRT pays Quant Trading and Research interns ~ $54,383 for a typical 10-week summer internship.

Signing Bonus: $10k

Monthly Salary: $17,753

9️⃣Jump Trading - $58,333

Specializes in crypto-trading with offices in London and HK among major cities. 

Signing Bonus: $15k

Monthly Salary: $17,333

8️⃣Optiver - $58,750

The Prop Trading and market making firm has offices in London and SG among others. They're one of the oldest market makers.

Signing Bonus: $10k

Monthly Salary: $19.5k

7️⃣Jane Street - ~$62k

Jane Street is a quantitative trading firm with major offices in New York, London, and Hong Kong. The company first built its name trading domestic and international ETFs and have since expanded to a wide range of other securities like equities, bonds, options, etc.

Signing Bonus: $10k

Monthly Salary: $20,833

6️⃣Susquehanna International Group (SIG) - $63,333

Besides traditional proprietary trading, SIG involves in institutional brokerage, private equity, venture capital, sports betting, and more.

Signing Bonus: $20k

Monthly Salary: $17,333

5️⃣Vatic Investments - $65k

Vatic Investments, or Vatic Labs, is a New York based trading firm that strives to use AI and machine learning to develop autonomous trading agents. If you believe in the firm’s approach to autonomous trading, consider checking out Vatic Investments.

Monthly Salary: $26k

4️⃣Five Rings - $67k

Five Rings is a quantitative trading firm with offices in New York and London. The firm emphasizes its focus on speed as its company objective aims to: “Find [opportunities] first and profit from them quickly.”

Signing Bonus: $15k

Monthly Salary: $20,800

3️⃣Citadel - $72k

Well known as the most profitable hedge fund, the multi-strategy hedge fund offers the 3rd highest salary

Signing Bonus: $20k

Monthly Salary: $20k

2️⃣Arrowstreet Capital - $72.5k

The firm invests with a strong focus on global equity assets.

Signing Bonus: $10k

Monthly Salary: $25k

1️⃣Radix Trading - $90k

Radix summer interns are quoted to make up to $90,000 over a 10-week summer internship.

Signing Bonus: $25k

Monthly Salary: $26k

These figures are not annualized. Interns truly earn this amount in a short span. 

STEM students with analytical rigor, technological innovation, and financial acumen can’t miss quantitative and algorithmic trading as a compelling target. 

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The global quant trading academy will be organising a webinar on October 3, 2024 with existing hedge fund's top quants sharing their tips on how you can pursue a career in quantitative research/ trading in the next few months.

Details to follow. Keep watching this space & you can check out the Asia Quant Academy program at https://lnkd.in/gfm3GsK6