Prop Flashcards
(8 cards)
1
Q
Quadrature
A
ML system, automated FE, ML signal combination across horizons, data driven, EQ focused, all QDs, NN and DL. GR spin off. ~$4.2bn (76%)
2
Q
HRT
A
HFT MM & MT, 2 HFT groups (MM, MT), HAIL. QuantFund – outside investment (credit note) – Stat Arb/Futures biz. PRISM (semi-system – all other). 2024: ~$8.8bn
3
Q
Radix
A
Similar to Headlands, but split alpha and monetization. HFT Futures focus, MT, and some MM. Small Options biz. 2024: ~500M
4
Q
TSS
A
HFT EQ/Futures
5
Q
XTX
A
ML firm, CRB dark pool, like an exchange (systematic internalizor), Market Taking against the flow. Compute system great.
6
Q
DRW
A
Full lifecycle quants and cover everything well
7
Q
IMC
A
Options MM. VMM business.
8
Q
Virtu
A
Options MM. VPMM (virtue prop MM), VCMM (virtue client MM).
