An introduction to the campus applicants about what iRage does and it's work culture.
The presentation aims to provide a brief glimpse of the roles A. Quant Associate and B. Core Developer within the algorithmic trading space at iRage.
4. Build smart trading logic
Respond to opportunities
faster than others
Leverage efficiency in
technology & finance
HFT
“HFT
is a style of
automated trading
characterized by
• high execution
speeds
• small portfolios
with high turnover
5. Market Making
Improves liquidity
Improves price discovery
Market Making:
process of
providing
continuous
buy & sell quotes
Reduces bid-ask spreads
Reduces Volatility
Provides hedging
opportunities to others
7. EXECUTE
COMPLEX LOGIC
(portfolio of 1000s derivatives)
Within 1 µ second
PROCESS
1000s of EVENTS
(peak data flow:10s GBps)
MANAGE
RISKS in REAL TIME
(0 errors despite complexity)
11. Adjust to dynamic markets
Ensure you’re not gamed
COMPETE
1000s of Competitors
ANALYZE
Terabytes of Data
to build new strategies
MANAGE
100s of Portfolios
positions in 1000s derivatives
On the trade front
Adjust to dynamic markets
Ensure you’re not gamed
13. Role of a Trader/Quant Associate
Innovate
Build new trading
strategies by
discovering
opportunities in the
market
Compete
Against 100s of market
participants
continuously
Improve
Enhance trading tools
and trading platforms.
Enhance existing
strategies to stay
ahead of competing
algorithms
14. Role of a Core Developer
“If you always do what you always did, you will always get what you always got.”- A. Einstein
Think out of the box to
optimize trading
platform
Innovate
Build robust systems that
handle the load of trillions of
calculations & terabytes of data
Build
Real time risk tracking
process improvement.
Improve
17. Measurable direct impact on
topline
Technology is heart of business
Advanced concepts in multiple
core domains
• OS
• Hardware
• Network
• Programming
iRageOthers
Impact on firm topline is abstract
Technology is often a support
area & not core business division
Medium to advanced concepts in
one or more domains (generally)
Core Developer: iRage Advantage: