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Trexquant Investment

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Trexquant Investment reviews

4.1

84% would recommend to a friend

(9 total reviews)
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Tyger Park

84% approve of CEO

79% positive business outlook

Reviews by job title

9 reviews

Reviews about "Compensation"

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2.0
May 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Remote from everywhere in the world

Cons

1. Work is vaguely related to quantitative research and doubtfully transferable to other companies. You are a monkey force to implement and test a great amount of alphas from papers or from your head. They built a high-level platform you will use to develop and test your alphas but the real quant stuff will be out of your reach. 2. The core idea of the GAR program - to collect alpha ideas from people all around the world paying little for it. The base salary is almost nonexistent. If you find a good alpha - a bonus awaits you. Other reviewers called it small but I think that laughable is more appropriate here. If the paper or idea you checked did not work out or correlated with existent alphas - you worked for free. For me such an approach always looked like borderline fraud. 3. The GAR contract stated that it is part-time, but initially it should be quite more if you want to not get kicked out.

1.0
Feb 20, 2024

Not recommend to anyone

Recommend
CEO approval
Business Outlook

Pros

Great healthcare plan Flexible time Transparent bonus

Cons

Check the review "Some good mixed with a whole lot of bad..." in 2018. All hold true in 2024. Some additional info: 1. The CEO is the main problem. He is an erratic bomb. He lacks patience and persistence, and constantly changes his mind. He is also unskilled and inpatient during presentations. 2. Micromanagement (mainly by CEO). Hard guideline for alphas. Risky to have long term research and new strategy ideas. CEO attends most meetings and controls every detail. 3. High turnover. GAR is a system filtering genius. Many people quit because of CEO. Therefore, those who stayed would only appease him, and he solely makes most decisions. 4. Very few formal training and development programs. For juniors who are new to this, try to collaborate with seniors or you will suffer. 5. Few room for new alpha ideas. Most of the ideas, someone else already thought of it. 6. Expect to work on weekends/holidays if CEO wants you too.

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Glassdoor has 115 Trexquant Investment reviews submitted anonymously by Trexquant Investment employees. Read employee reviews and ratings on Glassdoor to decide if Trexquant Investment is right for you.