Quant jobs / JPMorgan

Market Microstructure & High-Frequency Quantitative Researcher

Research-focused role studying how electronic markets behave at fine time scales and turning that into deployable systematic strategies. Sits in J.P. Morgan's AI Market Lab.

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.

Mine Level 2 and order-event data for predictive signals on order flow and queues
Build and backtest market-making strategies with fill-probability and inventory models
Create simulators that account for latency, fees, impact and adverse selection
Review live markouts with traders and developers to improve strategies

What they ask for

Required

Electronic market mechanics: order types, matching engines, queue priority
Experience in HFT, medium-frequency or market-making research
Python for data analysis
Rigorous experiment design that avoids overfitting and optimistic fills
Evidence of strategies run in live markets

Preferred

Owning a strategy or trading book
Execution research or multi-venue routing
Experience across FICC or multiple asset classes
ML or reinforcement learning on order books

Education: Advanced degree or equivalent experience in maths, statistics, physics, computer science, engineering or financial engineering
Experience: Relevant full-time quant research in HFT, medium-frequency, electronic market making or systematic execution
Languages and tools: Python
C++
Markets: multi-asset

How to prepare

Reconstruct a limit order book from public tick data and study queue dynamics
Build a market-making backtest with realistic fills, fees and latency, then explain why it overstates PnL
Compute markouts and adverse selection for a simulated strategy
Learn C++ basics for performance-critical research code

What to study

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

Open the roadmap

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View the posting on JPMorgan’s site ↗

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