Nov 2022 – Feb 2025 · 2 yrs 3 mos · Bengaluru, Karnataka, India

• I traded volatility arbitrage strategies on Index options in Indian market and a machine learning based trading model for trading intraday futures using microstructure indicators.

Jun 2018 – Apr 2022 · 3 yrs 10 mos · Bangalore Area, India

• 1) First two years went into learning about quantitative trading. I worked with High Frequency traders in improving their algorithms. The process was to define a problem, then do extensive research paper reading, brainstorm with the trader, develop various solutions, use the quantitative trading process to test the solutions on tick data by writing code on C++ and backtesting. The first work led to sizeable improvement in the performance of the strategy and was awarded a 7.5 % stake in business profits generated from index options HFT as a reward.
• 2) Third year was about full responsibility of a index options HIgh frequency trading model which was generating less volume than other optimisation based models. I went into deep dive and learnt the method of trading and innovating a complete High frequency trading model. I finally traded around 2 percent of the total nse options trading in India of a single day. This experience simply gave me a deep insight into quantitative trading paradigm, optimisation, hypothesis testing, alpha research.
• 3) last one year went into developing a volatility options arbitrage trading model. I learnt the options theory, volatility forecasting, backtesting of options strategies , macro economic impact on volatility, option pricing , market making. This experiment started with 25 k USD and the success of the experiment led to finally the strategy was scaled to 1.5 million USD. The sharpe was greater than 3, with a drawdown of less than 4 percent and average return of 3 percent a month.

Mar 2015 – Jul 2017 · 2 yrs 4 mos · Mumbai Area, India

• I was part of the global rates Index trading team, part of quantitative investment strategies.
• I had the opportunity of working in the maintenance and building of infrastructure for systematic strategies, part of new product development roles for different systematic trading strategies aimed at producing alpha for the clients, and risk management of the strategy.
• Primary role: helping the team in rebalancing, risk reporting and performance updates of the systematic strategies developed by the desk. The strategy was a cross-sectional momentum risk parity strategy for a multi-asset universe. New Product development to expand the universe of systematic strategies.
• Secondary role: Supporting the desk on structured trades pricing, and developing automation tools.

Oct 2014 – Mar 2015 · 5 mos · Mumbai Area, India

• Developing Alpha for WorldQuant through the websim platform provided by WorldQuant. I was silver award winner for the strategy competition. This competition was about developing systematic strategies for the competition , using fundamental data .
• I was awarded a research consultant offer after the competition due to my research skills and new alpha generation skills.

Feb 2014 – Oct 2014 · 8 mos

• My primary role is to develop quantitative strategies ( alpha) and pitch the ideas to UHNI clients and venture capital firms.
• The business was selected by jiogennextventures, a startup accelerator backed by Jio ( a Reliance company).

Jun 2013 – Jan 2014 · 7 mos · Bangalore

• Quantitative Marketing Modeling