“Q&A w Radix, a Technology-powered Trading Startup”
TUESDAY, JUNE 26 | 5PM
Davis Centre - Theatre 1304
Discussion and Q&A with Radix co-founder, Michael Rauchman -- previously lead architect and CTO of GETCO, one of the first titans in electronic trading (later acquired by KCG)
Also, hear from one of our recent hires, Pratheek Nagaraj -- MIT CS & Math '16, previously interned at Facebook and Snapchat
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DINNER PROVIDED by BAO SANDWICH BAR
ALL CONCENTRATIONS & CLASS YEARS WELCOME
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Learn about....
- how tech within trading firms stacks up to Silicon Valley giants
- tech skills required to be successful in trading
- how we built a trading firm with collaborative environment vs the traditional siloed model
- why Michael chose to lead his own startup instead of joining an established trading firm
- projects our new hires work on from Pratheek
- why we don’t want to grow past a team of ~150
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about RADIX TRADING
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Radix Trading is a research-driven, proprietary trading startup in Chicago led by Ben Blander and Michael Rauchman.
> Michael Rauchman - formerly GETCO's CTO, head of Americas equities, and global head of ForEx. As a hands-on leader Michael was instrumental in the development of many trading strategies as well as the underlying architecture and code.
> Ben Blander - former head of Citadel’s high frequency group and a key contributor in growing their P&L from $75 million in 2005 to $1.15 billion in 2008 (Source:
http://www.cnbc.com/id/39099331) Previously Ben earned a PhD in Math from the University of Chicago.
Over the past two years, we've added 13 graduating students as new associates from Princeton, Harvard, UPenn, MIT, UChicago, Columbia, Cambridge and Georgia Tech, and would love to add Waterloo to that list this year!
We’re building a new type of trading firm dedicated to research through open, collaborative innovation. We're adding new associates into these two roles:
- Technologists: Your goal is to enhance alpha generation and improve the research infrastructure through technology innovation. You’ll also be expected to have a strong interest in understanding and contributing to our trading strategies.
- Quantitative researchers: While the focus is on identifying trading opportunities, you can add even more value with strong communication skills and some coding proficiency to accelerate the innovation process and help others leverage your work.
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WHY TRADING?
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If you want to work on cutting-edge technology to solve really tough problems, while getting near-immediate feedback on your best ideas, the trading industry is hard to beat. Every day we’re competing with some of the smartest, most driven people in the world trying to take your money -- and if you don’t stay at the very top of your game in research, technology, and economics, they will.
And while the highly-publicized wave of high-frequency or “flash” trading based on sheer speed of execution might have reached its limit, we see continued opportunities with our strategy of using statistical research to outsmart the competition.
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