Position Description: Morgan Stanley's proprietary Process Driven Trading (PDT) group started in 1993 and has long been considered one of the elite quantitative trading outfits in the world.
Process Driven Trading is based on the belief that rigorous scientific investigation can unveil inefficiencies in the financial markets. These inefficiencies are the key to earning consistent profits in excess of market returns. Translating this knowledge into a successful real-world trading strategy requires creativity, mathematical finesse, technical sophistication, and teamwork. Members of PDT focus on either quantitative research, systems design or trade execution. It takes a team of people from all three areas to create a profitable system.
Since most trading is automated, PDT is able to focus on new development and longer-term projects. As a result, PDT offices resemble an academic setting much more than a Wall Street trading floor. The group encourages new ideas an entrepreneurial intensity from everyone.
Each member of PDT enjoys an exciting work environment and a sense of ownership in the success of the group. And the culture of PDT remains very down-to-earth and collegial. Newcomers work directly with more experienced team members in an atmosphere of respect and mentorship. A diversity of background and interests also lends to the groups vitality. People in PDT are often planning events that take advantage of the numerous cultural and culinary offerings found in and around our Times Square location.
Process Driven Trading strives to become the pre-eminent proprietary trading group in the world. To do so requires the infusion of new talent dedicated to sharing this same goal. PDT is hiring entrepreneurial, creative individuals who are committed to making a contribution to an already successful team. Candidate should exhibit solid analytical ability, strong problem-solving skills and a desire to work on complex, real-world problems.
Skills Required: We are seeing a high performance, hands-on data specialist and manager with excellent technical and managerial skills, knowledge of market data and market vendors to join the PDT, a global, dynamic and collegial proprietary quantitative trading group at Morgan Stanley.This role entails working closely with quantitative researchers and traders, technologists and operations.
Main Functions:
Manage market data sources
Architect, build and support databases
Centralize data sources across the research areas, grow and manage the PDT data team
Technical Skills
Databases (Sybase, etc.)
Programming Skills (Perl, C++, SQL)
Operating Systems (Unix, Windows)
Experience
5-10 years in data management in the Financial services industry
Knowledge of market and data vendors (Compustat, IBES, CRSP, etc)
A
trade automation, connectivity and compliance solution, the SunGard
Transaction Network (STN) links institutions throughout the financial
services community to facilitate end-to-end transaction processing.
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more than 4,500 client firms in 60 countries managing more than $12
trillion, Advent has established itself as a leading provider of
mission-critical applications for investment management operations of
all sizes and strategies.
QUMAS
is a global compliance software company offering a complete Enterprise
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deployments.
Belzberg
Technologies has been at the forefront of the electronic trading
evolution from the very beginning, and continues to provide world-class
service, execution and technology to the securities industry.
