Quantitative Researcher

About Us

With a history spanning two decades and a headquarters in Chicago, the DV Group encompasses over 600 professionals across North America, Europe, and Asia. Since its 2016 separation from a major brokerage, DV Trading has expanded swiftly as an independent proprietary trading firm using its own capital and unique strategies to provide liquidity and hedging solutions across global financial markets. The group also includes broker dealers, a cryptocurrency market-making company, and an investment advisory entity.

Role Overview

This position as a Quantitative Researcher centers on generating signals based on orderbook data. Suited for early-career talents with direct hands-on experience in limit orderbook analysis and a deep curiosity about market mechanics at tick-level resolution. The role involves partnership with senior researchers and traders to craft, test, and refine forecasting signals and models that steer trading choices.

Responsibilities

• Examine high-frequency limit orderbook data to uncover patterns, market inefficiencies, and predictive indicators.
• Construct and backtest quantitative models leveraging historical tick and orderbook datasets.
• Work closely with senior research and trading teams to convert research insights into deployable trading strategies.
• Design and sustain robust data pipelines handling voluminous high-frequency market information.
• Use statistical and machine learning tools, especially tree-based algorithms, to enhance signal precision.
• Monitor and iteratively improve live trading signals and models based on ongoing performance metrics.

Qualifications

• Between one to three years of experience dealing directly with limit orderbook data either professionally or in research.
• Educational background in a quantitative discipline such as Mathematics, Statistics, Computer Science, Physics, Engineering, or Financial Engineering.
• Advanced skill in Python programming with familiarity in key data science packages like pandas and NumPy.
• Strong enthusiasm for financial markets and market microstructure, including active market monitoring beyond theoretical modeling.
• Robust grounding in statistical methods and quantitative data analysis.
• Excellent analytical problem-solving and strong intellectual curiosity.
• Clear and effective communication of technical insights to audiences without technical expertise.

Additional Information

DV Trading LLC declines unsolicited resumes from external search firms unless they have a formal written agreement with the company. Any such unsolicited resumes become company property and will not incur fees if candidates are hired. DV Trading LLC emphasizes equal opportunity employment and fosters an inclusive workplace for all talents.