Quantitative Trading Firms

Comprehensive directory of 125+ institutional proprietary trading firms worldwide. Market makers, high-frequency traders, and systematic investment firms employing traders, researchers, and engineers.

125+ Firms Listed
50+ Cities
20+ Countries
3 Continents

What Are Quantitative Trading Firms?

Quantitative trading firms use mathematical models, statistical analysis, and sophisticated technology to trade financial markets. Unlike retail prop firms that offer funded accounts through evaluations, these institutional firms employ traders, quants, and technologists directly as full-time employees.

Key Characteristics:

  • Direct employment with base salary plus performance bonus
  • Trade firm capital across multiple asset classes
  • Heavy emphasis on technology and automation
  • Rigorous interview process including mental math, probability, and coding
  • Opportunities in trading, research, and technology roles
📊
Quantitative Trader
Execute strategies, manage risk
🔬
Quantitative Researcher
Develop trading models
💻
Software Engineer
Build trading infrastructure
🔧
Systems Engineer
Optimize latency & hardware

North America

75 firms

Jane Street

New York, London, Amsterdam, Hong Kong, Singapore

Global quantitative trading firm and liquidity provider. One of the world's largest ETF market makers, trading across equities, bonds, options, and commodities.

Market Making Systematic

Citadel Securities

Chicago, New York, London, Hong Kong, Shanghai, Singapore, Sydney

Leading market maker handling ~25% of all U.S. equity volume and ~40% of retail equity order flow. Also active in options, fixed income, and FX.

Market Making HFT

Two Sigma

New York, Houston, London, Tokyo, Hong Kong, Shanghai

Technology-driven investment firm using data science, distributed computing, and advanced engineering to find value in financial markets. $60B+ AUM.

Systematic Data Science

D. E. Shaw

New York, London, Hong Kong, Hyderabad, Luxembourg

Multinational investment management firm with $60B+ AUM. Pioneer in computational finance and quantitative strategies across asset classes.

Systematic Multi-Strategy

Jump Trading

Chicago, New York, London, Singapore, Shanghai, Sydney

Leading prop firm focused on algorithmic and high-frequency trading. Active across equities, futures, options, and digital assets globally.

HFT Crypto

Hudson River Trading

New York, Chicago, London, Singapore, Mumbai, Boulder, Austin

Quantitative trading firm using automated strategies. Combines mathematics, computer science, and engineering for systematic trading.

HFT Systematic

DRW

Chicago, New York, London, Singapore, Amsterdam, Montreal, Houston

Diversified principal trading firm operating across asset classes with proprietary capital. Pioneer in crypto trading through Cumberland.

Market Making Crypto

SIG (Susquehanna)

Philadelphia, Chicago, New York, London, Dublin, Sydney

One of the largest options market makers globally. Also active in equities, fixed income, and commodities with quantitative strategies.

Options MM Education Focus

Tower Research Capital

New York, Chicago, London, Singapore, Hong Kong

High-frequency proprietary trading firm using quantitative strategies. One of the fastest growing HFT firms with global reach.

HFT Low Latency

Virtu Financial

New York, Austin, Chicago, Dublin, London, Singapore

Public company and global leader in electronic market making. Provides liquidity across 50+ exchanges in 40+ countries.

Market Making HFT

Akuna Capital

Chicago, London, Sydney, Hong Kong, Shanghai, Singapore, Boston

Boutique derivatives trading house specializing in market making and arbitrage. Strong engineering culture with focus on options.

Options MM Derivatives

Five Rings

New York, Amsterdam, London

Quantitative prop trading firm focused on derivatives market making. Known for collaborative culture and technical excellence.

Market Making Derivatives

Europe

35 firms

IMC Trading

Amsterdam, Chicago, Sydney, Hong Kong, Mumbai

Global market maker and liquidity provider founded in Amsterdam. Strong focus on technology, education, and innovative trading strategies.

Market Making Education

Flow Traders

Amsterdam, New York, Singapore, Hong Kong, London, Paris, Milan

Leading global ETP market maker and liquidity provider. Public company specializing in ETFs, ETNs, and other exchange-traded products.

ETP Market Maker Public

XTX Markets

London, New York, Singapore, Mumbai, Paris

Leading algorithmic trading firm and one of the top FX liquidity providers globally. Technology-first approach with minimal human intervention.

HFT FX Leader

G-Research

London, Dallas

Quantitative research and technology firm using machine learning and big data to build predictive models for financial markets.

Machine Learning Research

Optiver

Amsterdam, Chicago, Sydney, Hong Kong, Shanghai, Taipei, London

Global electronic market maker improving financial markets through pricing, execution and risk management.

Market Making Options

Maven Securities

London, Amsterdam, Chicago, Hong Kong, Monaco

Global proprietary trading firm specializing in options and equities. Technology-driven approach to market making.

Options MM Equities

Asia-Pacific

15 firms

Tibra

Sydney, London, Hong Kong, Dubai

Australian proprietary trading and technology firm. Focus on derivatives market making and systematic strategies.

Market Making Tech Focus

VivCourt Trading

Amsterdam, Sydney, Melbourne, Singapore

Global proprietary trading firm focused on equities and ETFs. Strong presence in Asia-Pacific markets.

ETF MM Equities

Quadeye

Singapore, Gurugram, Hong Kong, New York

Quantitative trading firm specializing in ultra-low latency strategies across Asian and global markets.

HFT Low Latency

Common Trading Strategies

Market Making: Providing liquidity by continuously quoting buy and sell prices. Profit from bid-ask spreads while managing inventory risk. Most common strategy among prop firms.

Statistical Arbitrage: Exploiting price inefficiencies between related securities using mathematical models. Includes pairs trading, index arbitrage, and cross-asset strategies.

High-Frequency Trading (HFT): Using ultra-fast technology to execute thousands of trades per second. Capitalizes on microsecond price movements and market microstructure.

Systematic Trading: Rule-based strategies using quantitative models. Removes human emotion and bias from trading decisions through automation.

Event-Driven: Trading around corporate actions, earnings, economic releases, and other catalysts. Requires fast data processing and execution.

Careers in Quantitative Trading

Quantitative trading firms offer diverse career paths for individuals with strong analytical skills, problem-solving abilities, and passion for markets.

Common Interview Topics:

  • Mental math and quick calculations
  • Probability puzzles and brain teasers
  • Market making scenarios and P&L calculations
  • Coding challenges (Python, C++, Java)
  • Statistics and linear algebra
  • Game theory and decision making
  • Market knowledge and current events

Typical Compensation Structure:

  • Base Salary: $125K-$500K+ depending on experience and role
  • Performance Bonus: 50%-300%+ of base salary
  • Sign-on Bonus: Common for experienced hires
  • Benefits: Premium health insurance, retirement, perks

Educational Background:

  • Mathematics, Physics, Computer Science, Engineering preferred
  • Top universities heavily recruited (MIT, Stanford, CMU, Oxbridge)
  • Advanced degrees (MS/PhD) common but not required
  • Strong programming skills essential

Digital Asset Trading Firms

A growing subset of quantitative firms focus on cryptocurrency and digital asset markets, bringing institutional-grade trading to crypto.

Wintermute

London, Singapore

Leading global algorithmic trading firm in digital assets. Provides liquidity across CeFi and DeFi.

Crypto Market Making

Amber Group

Hong Kong, Singapore, Taipei, Seoul, Vancouver

Digital asset platform providing crypto trading, financing, and wealth management. $3B+ daily volume.

Crypto Multi-Service

GSR

London, New York, Singapore

Crypto native market maker and ecosystem partner. Provides liquidity, OTC, and structured products.

Crypto Market Making