This is the quarterly Grainstone Lee report analysing firms that employ quantitative investment strategies. The report contains an in-depth analysis of the hiring and competitive landscape within key geographical regions.
The quarterly report contains thousands of sourced data points across the largest financial job functions from Quantitative Investment & Trading to Business Development and Compliance.
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Open roles at the beginning and end of Q3
The most in demand job functions
Open roles at the beginning and end of Q3
The total number of open roles at the beginning of July 2021 was 2,095 compared to 2,328 open roles at the end of September. The bar below shows a breakdown of open roles in each job function at the start and end of Q3.
Jobs added versus removed
The below chart gives a breakdown of the number of jobs added vs the number of jobs removed per job function from July to September 2021.
Overall there is an 18.4% increase in jobs added versus removed. Across the board there has been increases with the exception of execution and risk.
Top 10 hiring firms
The top 10 most active firms by number of job postings are:
The most in demand job functions
The most active hiring is taking place across Software Engineering, Support (Operations Compliance, Legal & Finance), Infrastructure and Quant Investments & Trading – similar to the last quarter
The table below shows the top firms by number of jobs posted.
Where are firms hiring?
The pie chart below shows where most jobs have been posted in Q3.
The table below shows a breakdown of job functions by region.
The location where most firms are hiring is, needless to say, the US.
Software Engineering shows strong demand across all regions as well as Infrastructure and Dev ops roles.
Notes for the report
The figures were captured from the career sites of the below firms between 1st July – 30th September 2021.
It’s worth noting that not every firm posts all of their open roles on their career sites so the actual activity and/or number of live roles may be different. This report only seeks to analyse the publicly available information.
We will also caveat that just because a role was removed does not necessarily mean that it has been filled although it’s reasonable to assume that if somebody has taken the time to upload or remove a role there is a reason behind it.
Firms analysed
3Red Partners
ABC Arbitrage
Acadian Asset Management
Akuna Capital
Allston Trading
AQR Capital Management
Aquatic Capital
Aspect Capital
BFAM Partners
Bluecrest Capital
Chicago Trading Company
Citadel Asset Management
Citadel Securities
Crabel Capital
Cubist Systematic Strategies
DE Shaw
DRW
Engineers Gate
Epoch Capital
Final
Flow Traders
Geneva Trading
G-Research
GTS
HC Technologies
Hudson River Trading
IMC
Jump Trading
Liquid Capital
Marshall Wace
Maven Securities
Millennium Management
Old Mission Capital
Optiver
PDT Partners
Peak6
Point72 Asset Management
Quantbot Technologies
Quantlab
Qube Research & Technologies
Radix Trading
Renaissance Technologies
Squarepoint Capital
Susquehanna International Group
Tibra Trading
Tower Research Capital
TransMarket Group
Transtrend
Tudor Capital
Two Sigma
Vatic Labs
Virtu Financial
Vivienne Court
Volant Trading
Voleon
Winton Capital
Worldquant
XR Trading
XTX Markets