Quantitative Trading Firms

A list of 126 quantitative and institutional trading firms worldwide — market makers, high-frequency traders and systematic investment firms that employ traders, researchers and engineers. The full A–Z table is further down this page.

Last reviewed on October 4, 2026

126 Firms Listed
50 Cities
24 Countries
4 Regions

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

Selected major 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

One of the largest market makers in U.S. equities and options and a major wholesaler of retail order flow. Also active in 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.

Systematic Data Science

D. E. Shaw

New York, London, Hong Kong, Hyderabad, Luxembourg

Multinational investment management firm. 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. Operates trading teams across many global markets.

HFT Low Latency

Virtu Financial

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

Public company and global leader in electronic market making. Provides liquidity on exchanges and trading venues worldwide.

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

Selected major 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

Selected major 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

All 126 quant trading firms (A–Z)

Every quantitative and institutional firm in the directory, with its listed office locations. The same data is grouped by city on the quant firms by location page; market makers are listed separately on the market makers page. The list mixes proprietary trading firms (own capital) with systematic hedge funds (outside capital) — see prop firm vs quant firm.

FirmLocationsProfile
26 Miles CapitalGurgaonQuantitative trading firm.
323 TradingAmsterdamProprietary trading firm.
3Red PartnersChicago, Austin, New York, Miami, Amsterdam, LondonProprietary trading firm focused on exchange-traded products.
Accent GroupAmsterdamProprietary trading group.
ACT GroupAmsterdam, New York, ShanghaiProprietary trading firm.
Akuna CapitalChicago, London, Sydney, Hong Kong, Shanghai, SingaporeBoutique trading house specializing in derivatives market making.
Algorithmic Trading GroupAmsterdam, Hong KongProprietary algorithmic trading firm.
All OptionsAmsterdam, AustinDerivatives market maker.
AlphaGrepChicago, London, Singapore, Mumbai, ShanghaiQuantitative and algorithmic trading firm.
Amber GroupHong Kong, Singapore, TaipeiDigital asset platform providing crypto trading and finance.
Amplify TradingLondonProprietary trading and education firm.
Ansatz CapitalNew YorkQuantitative investment firm.
AQR Capital ManagementGreenwich, London, Munich, Hong Kong, Sydney, DubaiSystematic investment manager applying rigorous quantitative research.
AquaticChicago, New York, LondonTechnology-driven quantitative trading firm.
Arrowstreet CapitalNew YorkSystematic investment firm managing global equity portfolios.
B2C2LondonInstitutional crypto liquidity provider.
Balyasny Asset ManagementChicago, New York, London, Hong Kong, Singapore, San Francisco, Greenwich, Miami, Tokyo, TorontoMulti-strategy investment firm with discretionary and systematic approaches.
Barak CapitalAmsterdam, Tel AvivProprietary trading firm in derivatives.
Belvedere TradingChicago, New York, SingaporeOptions market maker and proprietary trading firm.
Black Eagle Financial GroupMontrealProprietary trading firm.
BlackEdge CapitalChicagoProprietary trading firm focused on derivatives.
BlockTechAmsterdam, SingaporeDigital asset trading firm.
Bondi TechShanghaiQuantitative trading firm.
Chicago Trading CompanyChicago, New York, London, AmsterdamOptions market maker and proprietary trading firm.
Chimera SecuritiesNew YorkElectronic trading and market-making firm.
Citadel SecuritiesChicago, New York, LondonOne of the largest market makers in U.S. equities and options, also active in fixed income and FX.
Clear StreetNew YorkCloud-native prime brokerage and trading firm.
Consolidated TradingChicagoProprietary trading in derivatives.
Criterion Arbitrage & TradingAmsterdamProprietary arbitrage trading firm.
Cross OptionsAmsterdamOptions proprietary trading firm.
Cubist (Point72)New York, London, Hong Kong, Singapore, Sydney, Stamford, Taipei, Bangalore, Shanghai, TokyoSystematic, market-neutral investment engine within Point72.
D. E. ShawNew York, London, Hong KongMultinational investment management firm using quantitative and computational strategies.
D2XAmsterdamDigital asset derivatives exchange and trading.
Da Vinci TradingAmsterdam, Miami, MumbaiProprietary trading firm active across European and Asian derivatives markets.
Deep Blue CapitalAmsterdamProprietary trading firm.
Domstad TradersUtrechtProprietary trading firm.
DRWChicago, New York, London, Singapore, AmsterdamDiversified principal trading firm operating across asset classes with proprietary technology.
DV TradingChicago, New York, Miami, Houston, London, Dubai, Toronto, BahamasDiversified proprietary trading firm across multiple asset classes.
Eagle SevenChicago, AmsterdamTechnology-driven proprietary trading firm.
Eclipse TradingChicago, Hong Kong, Shanghai, SydneyProprietary trading firm specializing in derivatives.
Epoch CapitalNew York, London, SydneyQuantitative trading firm focused on systematic strategies.
Five RingsNew York, Amsterdam, LondonQuantitative prop trading firm focused on derivatives market making.
Flow TradersAmsterdam, New York, Singapore, Hong Kong, London, Paris, Milan, Cluj-Napoca, ShanghaiLeading global ETP market maker and proprietary trading firm.
G-ResearchLondonQuantitative research and technology firm building predictive models.
Gelber GroupChicago, Amsterdam, White PlainsProprietary trading firm with focus on derivatives and options.
Geneva TradingChicago, LondonElectronic proprietary trading firm.
Genk CapitalSingaporeQuantitative trading firm.
Grace Hall TradingChicagoProprietary trading firm in options and equities.
GrasshopperSingaporeProprietary trading firm.
Graviton Research CapitalGurugram, SingaporeQuantitative trading firm focused on Indian and Asian markets.
Gravity TeamRigaCrypto market maker.
Great Point CapitalChicago, AustinProprietary equity trading firm.
GSRLondonCrypto native market maker and trading firm.
HAP CapitalNew York, Hong KongProprietary trading in equities and derivatives.
Headlands TechnologyChicago, Austin, New York, Amsterdam, SingaporeElectronic trading firm using quantitative methods across multiple asset classes.
Hudson River TradingNew York, Chicago, London, Singapore, MumbaiQuantitative trading firm combining math, CS, and engineering for systematic trading.
IMC TradingAmsterdam, Chicago, Sydney, Hong Kong, MumbaiGlobal market maker and trading firm with a strong focus on technology and education.
Jane StreetNew York, London, Amsterdam, Hong KongGlobal quantitative trading firm and liquidity provider across equities, bonds, options, and ETFs.
Jerpoint CapitalLondonProprietary trading firm.
Jump TradingChicago, New York, London, Singapore, Shanghai, SydneyProprietary trading firm focused on algorithmic and high-frequency strategies across global markets.
Kershner Trading GroupAustin, New YorkProprietary trading firm in equities.
KeyQuantParisSystematic asset management and trading.
KeyrockNew York, London, Paris, SingaporeAlgorithmic market maker in digital assets.
Kronos ResearchNew York, London, Hong Kong, Shanghai, Shenzhen, Singapore, TaipeiQuantitative trading and investment firm in digital and traditional assets.
League TradingChicagoProprietary trading firm.
LiniticsSingaporeSystematic trading firm.
Liquid Capital GroupHong KongProprietary trading firm.
Mako TradingAmsterdam, London, Dublin, Sydney, Brisbane, Singapore, ChengduProprietary market maker in listed derivatives.
Market WizardsAmsterdamProprietary trading and education firm.
Marquette PartnersChicagoProprietary trading firm in futures and options.
Marshall WaceLondon, New York, Hong Kong, Shanghai, SingaporeLondon-founded hedge fund combining fundamental and systematic equity strategies.
MathrixAmsterdam, SingaporeQuantitative trading firm.
Matrix ExecutionsChicagoElectronic execution and trading.
Maven SecuritiesLondon, Amsterdam, Chicago, Hong Kong, Monaco, SydneyGlobal proprietary trading firm in options and equities.
Maverick DerivativesAmsterdam, SingaporeDerivatives proprietary trading.
MillenniumNew York, LondonGlobal investment management firm with a multi-strategy platform.
Nino OptionsAmsterdamOptions proprietary trading firm.
NK SecuritiesSingapore, Gurugram, GandhinagarProprietary trading and broking firm.
NorthpoolAmsterdamEnergy trading firm.
NyenburghAmsterdamProprietary trading firm in equities.
Old Mission CapitalChicago, New York, London, SingaporeQuantitative prop firm using technology-driven strategies.
OptiverAmsterdam, Chicago, Austin, London, Sydney, Hong Kong, Shanghai, Singapore, TaipeiAmsterdam-founded market maker (1986) trading listed options, futures, equities, ETFs and bonds on exchanges worldwide.
ORA TradersAmsterdamProprietary trading firm.
OSTC Ltd.LondonProprietary trading firm specializing in derivatives.
OTC FlowAmsterdam, New York, ParisOTC derivatives trading firm.
PEAK6Chicago, AustinProprietary trading and fintech firm specializing in options.
Prime TradingChicagoProprietary trading firm.
Priogen EnergyAmsterdamEnergy trading and optimization.
QuadeyeNew York, Singapore, Gurugram, Gandhinagar, Kolkata, Hong KongQuantitative trading firm specializing in low-latency strategies.
Quantbox ResearchCambridge, Bangalore, Gurgaon, SingaporeQuantitative research and trading firm.
QuantlabHouston, Austin, Chicago, Boston, Denver, SingaporeQuantitative trading firm using scientific methods and technology.
Qube Research & TechnologiesLondon, Paris, Hong Kong, SingaporeQuantitative investment manager running systematic strategies across asset classes.
Radix TradingChicago, New York, AmsterdamQuantitative trading firm focused on technology-driven market making.
Renaissance TechnologiesEast Setauket, New YorkSystematic investment firm founded by Jim Simons; best known for its Medallion fund, run for employees.
SaviusChicagoProprietary trading and technology firm.
SCALP TradeChicagoProprietary trading firm.
Seven Eight CapitalNew YorkQuantitative proprietary trading firm.
Seven Points CapitalNew York, TorontoProprietary equity trading firm.
SIG (Susquehanna)Philadelphia, Chicago, New York, London, Hong Kong, Singapore, Shanghai, SydneyGlobal quantitative trading firm and one of the largest options market makers worldwide.
Simplex TradingChicagoProprietary equity options trading firm.
Squarepoint CapitalLondon, New York, Paris, Singapore, Hong Kong, Houston, BostonSystematic investment management firm employing quantitative strategies.
SumoChicago, New York, VancouverProprietary trading firm.
T3 Trading GroupNew YorkProprietary equities trading firm.
The Voleon GroupBerkeleyTechnology-driven investment firm applying ML to financial markets.
TibraSydney, London, Hong KongProprietary trading and technology firm.
Tower Research CapitalNew York, Chicago, Amsterdam, London, Singapore, Hong Kong, ShanghaiHigh-frequency proprietary trading firm using quantitative strategies.
TradeLinkChicago, Miami, LondonProprietary trading firm focused on options and derivatives.
TransMarket GroupChicagoGlobal proprietary trading firm across derivatives.
TrexquantStamford, Gurugram, Shanghai, BeijingSystematic asset management and trading firm.
Trillium TradingNew York, MiamiProprietary trading firm focused on equities.
Two SigmaNew York, Houston, London, TokyoTechnology-driven investment firm applying data science and engineering to trading.
UTR8 GroupUtrecht, Baar, Hong KongProprietary trading group.
Valkyrie TradingChicagoOptions market making and proprietary trading.
Vatic LabsNew YorkQuantitative trading firm applying AI and ML to markets.
VIRTU FinancialNew York, Austin, Chicago, Miami, Boston, London, Hong Kong, Singapore, SydneyGlobal leader in electronic market making and execution services.
VivCourt TradingAmsterdam, Sydney, Melbourne, Brisbane, Singapore, Hong KongGlobal proprietary trading firm focused on equities and ETFs.
WEBB TradersAmsterdam, London, Paris, Hong KongProprietary trading firm.
WH TradingChicagoProprietary trading firm in futures and options.
WincentZurich, Bratislava, GibraltarProprietary trading firm.
WintermuteLondon, SingaporeLeading global algorithmic trading firm in digital assets.
Wolverine TradingChicago, New York, London, San FranciscoProprietary trading firm specializing in derivatives strategies.
WoortonParisDigital asset market maker.
WorldQuantOld Greenwich, New York, London, MumbaiQuantitative asset management firm focused on alpha research, with a global research network.
XR TradingChicago, Austin, New York, London, SingaporeProprietary trading firm in derivatives and commodities.
XTX MarketsLondon, New York, Singapore, MumbaiLeading algorithmic trading firm and one of the top FX liquidity providers globally.
XY CapitalLondon, Hong KongProprietary trading firm.

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: varies widely by firm, city, role and seniority
  • Performance Bonus: discretionary, and often a large share of total pay for traders and researchers
  • 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.

Crypto Multi-Service

GSR

London, New York, Singapore

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

Crypto Market Making