Quant jobs / DRW

Quantitative Researcher – Prediction Markets

A researcher on a growing prediction-markets trading team, developing models and strategies from research through live deployment. It covers pricing, market making, execution and risk in a newly developing market.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Build predictive models and signals for prediction-market contracts
Study how short-term moves in related financial markets inform prediction-market prices
Research pricing, market making, microstructure and execution
Backtest and simulate strategies, then monitor them live
Explore new products and datasets as the business grows

What they ask for

Required

2+ years in quant research, systematic trading or data science
Degree in a quantitative or technical subject
Probability, statistics and quantitative modelling
Research on large noisy datasets
Python
Rigorous testing and validation

Preferred

Systematic or electronic trading
High-frequency or short-horizon signals
Probabilistic forecasting
Moving research into live production

Education: Degree in maths, statistics, computer science, engineering, physics or economics
Experience: 2+ years in quant research, systematic trading or data science
Languages and tools: Python
Markets: prediction-markets

How to prepare

Learn how event contracts are priced and what calibration of probabilities means
Build a probabilistic forecaster and score it with proper scoring rules
Study market making and order book microstructure
Backtest a simple strategy on public event-market data with realistic fills

What to study

The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on DRW’s site before applying: requirements, location and pay can change after we check them.

View the posting on DRW’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with DRW and doesn’t handle applications.