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
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