Prop trading firm is looking for external systematis traders/quant signal contributors and aspiring quant students

[DmitryS]

Hi,

We are a partnership proprietary trading project with Lime Trading Corp (Low Latency APIs and Trading Platforms for trading US Equity and Options):

Begin your adventure 
in quantitative trading with Limex Quantum today!

We have also launched a free Advanced Algorithmic Futures Trading learning course for students on our education platform Limex.‎

We are looking for 3 different participation plans: students to onboard to our team of extrnal research consultants and independent external systematic traders and quant signal contributors.


We are interested in:

1. Market neutral US/EU/Asia futures systematic trading programs

Requirements:

• proven track record 2+ years
• realized Sharpe ratio from 1+
• mid-latency (we use CQG connectivity and pre-trade)
• SMA opened by Lime Prime Ltd (Lime-prime.com) with Lime Trading (CY) (About Just2Trade)
• Advisory agreement (can be customized)
• Success fee starts from 20% for Sharpe 1+ and can be increased for higher Sharpe (from 2+) and/or hurdle rate implementation up to 40%
• First Loss Coverage can also be an option to leverage Success Fee up to 70-80%
• Connectivity to CQG WEB API/FIX directly or through CQG’s partner programs like Multicharts, Trade Navigator etc.

Depending on the Due Diligence approval and trading program expected realized Sharpe we could offer:

• Margin-to-equity ratio/Leverage can be scalable aggressively (up to 60..80%/8..10X accordingly)
• Trial period of 1-3 months with a minimum capital required to maintain opened positions
• start with 200-500 k $ (the higher the Sharpe and our confidence in the manager after our due diligence)
• increase the AuM up to 700 - 1 000 k $ after first half of the year subject to realized performance
• First Loss coverage funding can be up to 10 mio $

Market neutral US Stocks systematic trading programs

• proven track record 2+ years
• realized Sharpe ratio from 1+
• low-latency connectivity (Trading REST API & Python SDK, Welcome to the Lime Developer Docs | Lime Direct REST API)
• SMA opened with Lime Trading Corp (Lime.co) or with Lime Trading (CY) (About Just2Trade)
• Advisory agreement (can be customized)
• Success fee starts from 20% for Sharpe 1+ and can be increased for higher Sharpe (from 2+) and/or hurdle rate implementation up to 40%
• First Loss Coverage can also be an option to leverage Success Fee up to 70-80%

Depending on the Due Diligence approval and trading program expected realized Sharpe we could offer:

• Margin-to-equity ratio/Leverage can be scalable aggressively (up to 60..80%/8..10X accordingly)
• trial period of 1-3 months with a minimum capital required to maintain opened positions
• start with 200-500 k $ (the higher the Sharpe and our confidence in the manager after our due diligence)
• increase the AuM up to 700 - 1 000 k $ after first half of the year subject to realized performance
• First Loss coverage funding can be up to 10 mio $

Please DM me in interested.

 

[DmitryS]

Up

 

[DmitryS]

We invite you to join our free program, developed with Lime Trading Corp., to help you excel in quantitative and systematic trading.

Here’s what you’ll gain:

• Free access to Advanced Algorithmic futures trading learning course
• 1:1 Mentorship from Limex Quantum team.
• Exclusive Resources : Access paid courses at no cost.
• Real Trading Opportunities: Build and track your portfolio in real time.
• Profit Sharing for exceptional talent.
• Industry Exposure : Present your work to leading firms.

If interested, please Apply for the Student role or send your CV and cover letter to quantum@limex.com for more details.

Looking forward to working with you!

Appendix A

Limex Quantum is an exciting opportunity to enter the systematic trading world and become a professional quantitative trader/researcher.

This program is tailored to help ambitious individuals like you excel in the field of quantitative and systematic trading. Whether you are looking for an internship or full-time employment in a quantitative firm, or want to start your own venture in trading Limex Quantum helps you deepen your skills, gain hands-on experience, create your own robust portfolio of trading strategies and potentially connect with some of the industry’s leading firms, including hedge funds based in NYC.

The most successful and devoted students will be offered the opportunity to join global leading hedge funds including the ones based in NYC, quantitative firms and asset managers who we partner with to introduce our talents.


Appendix B

Our industry unique Advanced Algorithmic Futures Trading with Limex learning course is launched and free for all interested in joining us at Limex Quantum:

This course introduces you to algorithmic trading, guiding you through the development and implementation of trading strategies using simple examples.

While no prior trading experience is required, a basic understanding of linear algebra, mathematical analysis, statistics, and programming (preferably Python) is recommended.

By the end of the course, you will be equipped with the tools to independently create, test, and deploy your own trading strategies.

Instead of offering secret indicators, we focus on detailed explanations of the methodologies we use in our research.

Upon successful completion of additional tests and an interview with our research and trading team, we would be delighted to welcome you onboard.

The course will introduce you to the following aspects and methodologies of algorithmic trading:

• Section 1: Introduction
• Section 2: Algorithmic Trend-Following
• Section 3: Evaluation of Investment Strategies
• Section 4: Data Preparation
• Section 5: Optimizing Parameters
• Section 6: Return Prediction
• Section 7: Cross-Sectional Momentum
• Section 8: Statistical Arbitrage
• Section 9: Model Complexity and Overfitting
• Section 10: Strategy Aggregation

We expect our applicants to study the course and complete and provide the research results for several tasks prepared after each learning section of the course (one topic research with a deep analysis disclosure could also be a great start).

Please check the course materials and supplementary notebooks, study them, and get back to us with your feedback.

After successful course completion, we will provide each applicant with a testing procedure of their math and programming skills and a final interview to be included in our external research consulting team.

Each successful candidate will be offered an agreement with a success-based participation and fixed remuneration for their future endeavors with us.

 

[MarkBrezina]

What is it you're actually offering or asking for here?
Are you asking for signal contributors?
Or are you offering a course?

 

[DmitryS]

We are looking for the following roles separately:

1. Students to join our company as external research consultants with an opportunity to join our company as a full-time quantitative researcher

Instead of inetrviewing them we provide access to our free learning course Advanced Algorithmic futures trading.

We consider the course to be successfully completed if any applicant sends us his first trading signal based on any course Section's theory/methodology, sample program code and set of generic historical data provided, presenst his view how to improve the strategy developed and his understanding how to validate the strategy.

That process includes 1:1 mentorship sessions and flexibility in terms of the candidate's involvement, does not require any exclusivity etc.

After that we can offer a successful applicant an External research consultant role.


2. Independent systematic traders

We can offer access to a funded SMA with a capital at risk for successful systematic traders (requirements are metion on Begin your adventure 
in quantitative trading with Limex Quantum today!)

No IP disclosure is needed.

3. We can also be interested in external signal contributors too.