Quant jobs / Millennium

Senior Quantitative Researcher – Central Liquidity Strategies

A senior research role in Millennium's Central Liquidity Strategies group, which provides internal liquidity and execution support to portfolio managers. The focus is execution quality and trading-performance analysis in Asian markets.

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.

Extend the firm's trading-performance analysis across more asset classes and markets
Review execution reports and recommend improvements to execution quality
Design and run A/B experiments with brokers or internal teams
Maintain and clean the data behind the analysis system
Guide product development for internal liquidity pools

What they ask for

Required

Python and KDB
Statistical inference
Experience in systematic trading or electronic trading platforms
Asia market structure
Hands-on development leadership
Communicating technical ideas to non-technical people

Education: Bachelor's or master's in a STEM subject, statistics or similar
Experience: 8+ years in trading and finance, including systematic or electronic trading
Languages and tools: Python
KDB+/q
Markets: equities

How to prepare

Learn transaction cost analysis: slippage, implementation shortfall and benchmark comparisons
Practise q/KDB queries on tick or trade data
Design a simple A/B test for execution venues and check its statistical power
Study Asian market structure: lot sizes, auctions, short-sale rules and tick regimes

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 Millennium’s site before applying: requirements, location and pay can change after we check them.

View the posting on Millennium’s site ↗

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