Tier 2 — Top Regional Quant Firms

Highly respected quantitative firms with strong regional or specialist presence.

Total firms: 264

Asset Manager

17 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Apollo Global Management	New York	AM	$670B	~2,800	3.9/5
Blackstone	New York	AM	$1T	~5,100	4/5
Brookfield Asset Management	Toronto	AM	$1T	~250,000	3.6/5
Dimensional Fund Advisors	Austin	AM	$710B	~1,500	3.6/5
Empower	Denver	AM	$1.5T	~18,000	3.9/5
Fasanara Capital	London	EU	$5.5B+ AUM	~125
Franklin Templeton	San Mateo	AM	$1.5T	~10,000	3.8/5
Legg Mason	Baltimore	AM	$800B	1000-5000	3.6/5
Manulife Investment Management	Toronto	AM	$700B	~4,000	3.9/5
Nuveen	Chicago	AM	$1.3T	~3,800	3.9/5
PGIM	Newark	AM	$790B	~3,500	3.8/5
Principal Asset Management	Kuala Lumpur	AP	$500B	200-500	3.7/5
RBC BlueBay	London	EU	$120B	1000-5000	3.7/5
Schroders	London	EU	$920B	~6,000	3.4/5
T. Rowe Price	Baltimore	AM	$1.6T	~7,700	3.6/5
Universal-Investment	Frankfurt	EU	$600B	1000-2000	3.1/5
Wellington Management	Boston	AM	$1.2T	~3,000	3.6/5

asset_manager

1 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Edelweiss Financial Services	Mumbai	asia		4,705–10,000+	3.7/5

broker

12 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Angel One	Mumbai	AP	~$36B client AUM	~3,900	3.7/5
Dhan	Mumbai	asia		~502
FYERS	Bengaluru	asia		~395	3.9/5
Globe Capital Market	New Delhi	asia		~515
Groww	Bengaluru	AP	~$18B client AUM	~1,500	4.1/5
HDFC Securities	Mumbai	asia		2,000–5,000	3.6/5
IIFL Securities	Mumbai	asia		1,000–5,000	3.4/5
Kotak Securities	Mumbai	asia		1,000–5,000	3.5/5
Motilal Oswal Financial Services	Mumbai	AP	~$15B AUM (wealth + asset mgmt)	~2,500+	3.8/5
SMC Global Securities	New Delhi	asia		~2,468	3.2/5
Upstox	Mumbai	AP	~$24B client AUM	~1,000	4/5
Zerodha	Bengaluru	AP	~$55B client AUM	~1,200	4.4/5

Commodity Trading

12 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Archer Daniels Midland	Chicago	AM	$85B Revenue	~40,000	3.6/5
Bunge	St. Louis	AM	$55B Revenue	~23,000	3.9/5
Cargill	Minneapolis	AM	$160B Revenue	~160,000	4/5
Castleton Commodities International	Stamford	AM	Prop Capital	~400	4.1/5
COFCO International	Geneva	EU	$35B+ Revenue	~12,000
Engelhart Commodity Trading Partners	London	EU	Prop Capital	~400	3.5/5
IXM	Geneva	EU	Prop Capital	~400
Koch Supply & Trading	Wichita	AM	Prop Capital	~4,500 (trading arm)	3.7/5
Louis Dreyfus Company	Rotterdam	EU	$50B+ Revenue	~18,000	4.1/5
Olam International	Singapore	AP	$40B+ Revenue	~30,000	3.8/5
Traxys	Luxembourg	EU	Prop Capital	~500
Wilmar International	Singapore	AP	$65B Revenue	~100,000	3.5/5

Energy Trading

7 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
ADNOC Trading	Abu Dhabi	ME	$80B+ revenue	~500 (trading arm)	3.5/5
ConocoPhillips Trading	Houston	AM	$55B revenue	~500 (trading arm)	4/5
Eni Trading & Shipping	Milan	EU	$95B revenue	~600 (trading arm)	3.8/5
Equinor Trading	Stavanger	EU	$105B revenue	~800 (trading arm)	3.8/5
Petronas Trading	Kuala Lumpur	AP	$75B revenue	~800 (trading arm)	3.7/5
Repsol Trading	Madrid	EU	$60B revenue	~400 (trading arm)	3.9/5
Saudi Aramco Trading	Dhahran	ME	$400B+ revenue	~2,000 (trading arm)	3.8/5

Exchanges & Data Providers

22 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
ASX (Australian Securities Exchange)	Sydney	AP	$10B+ market cap	~800	3.5/5
B3 (Brasil Bolsa Balcao)	Sao Paulo	AM	$15B+ market cap	~3,000	4/5
Bitfinex	Hong Kong	AP		~200	4.7/5
Bitstamp	Luxembourg	EU		~500	4/5
Bullish	Hong Kong	AP		~700	3.6/5
Bybit	Dubai	ME	$10B+ daily volume	~4,000	2.9/5
Crypto.com	Singapore	AP		~4,000	3.2/5
Deribit	Panama City	AM	$1B+ daily options volume	~200	4.8/5
Euronext	Amsterdam	EU	$12B+ market cap	~2,800	3.7/5
Exegy	St. Louis	Americas	N/A	250-500	2.9/5
FMX	New York	AM	Electronic Exchange Volume	~200
Gemini	New York	AM		~1,000	3/5
Japan Exchange Group (JPX)	Tokyo	AP	$10B+ market cap	~1,200	3.3/5
Kraken	San Francisco	AM	$1B+ revenue	~3,000	4.4/5
MarketAxess	New York	Americas	$846M revenue	~870	3.7/5
MSCI	New York	AM	$45B+ market cap	~5,500	3.9/5
NSE India (National Stock Exchange)	Mumbai	AP	$4B+ market cap	~5,000	3.8/5
OKX	Victoria (Seychelles)	AP	$15B+ daily volume	~5,000	3.5/5
Pico	New York	Americas	N/A	200-500	3.5/5
SGX (Singapore Exchange)	Singapore	AP	$10B+ market cap	~1,200	3.5/5
TMX Group (Toronto)	Toronto	AM	$8B+ market cap	~2,500	4.1/5
Upbit	Seoul	AP	$5B+ daily volume	~1,500	3.4/5

Fintech & Big Tech

20 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Adyen	Amsterdam	EU	$50B+ market cap	~4,500	4.2/5
AlgoBulls	Mumbai	asia		28–38
AlgoTest	New Delhi	asia		28–46
AQUMON	Hong Kong	AP	FinTech Platform	~100
Block (Square)	San Francisco	AM	$40B+ market cap	~12,000	3.5/5
Broadway Technology	New York	Americas	N/A	200-500	4.2/5
Databricks	San Francisco	AM	$62B valuation	~7,000	4.1/5
eToro	Tel Aviv	ME	$3.5B valuation	~1,500	3.6/5
FIS (Fidelity National Information Services)	Jacksonville	AM	$40B+ market cap	~55,000	3.5/5
FlexTrade Systems	Great Neck	Americas	N/A	500-750	4/5
PayPal / Venmo	San Jose	AM	$70B+ market cap	~25,000	3.6/5
QuantCo	Boston	AM	B2B Data Science	~150
QuantInsti	Mumbai	asia		11–50	4.5/5
Snowflake	Bozeman	AM	$55B+ market cap	~5,800	3.7/5
SoFi	San Francisco	AM	$15B+ market cap	~5,000	4.2/5
Streak	Bengaluru	asia		19
Trading212	London	EU	$2B+ valuation	~900	4.2/5
Trinkerr	Bengaluru	asia		23–72
uTrade Algos	Chandigarh	asia		86+	2.8/5
Wise (TransferWise)	London	EU	$10B+ market cap	~6,000	3.9/5

High-Frequency Trading / Prop Trading

70 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
323Trading	Amsterdam	EU	Prop Capital	~30
Advantage Futures	Chicago	AM	Prop Capital	~100
Alber Blanc	Multiple	EU	Prop Capital	~50+	4.7/5
AlgoQuant	Delhi	AP	Prop Capital	~300
Algoquant Fintech	New Delhi	asia		~408	2/5
All Options	Amsterdam	EU	Prop Capital	~110
AlphaGrep Securities	Mumbai	AP	Prop Capital	~350	3.8/5
Anti Capital	New York	AM	Prop Capital	~30
AP Capital	Hong Kong	APAC	$1-3B Daily Vol	~100
Aquatic Capital	Chicago, IL	AM	Prop Capital	~50	4.4/5
Avenir Group HK	Hong Kong	AP	$599M+ Bitcoin ETFs	~300
BHFT	Dubai	ME	Prop Capital	~200+	4.2/5
BIT Official	Singapore	AP	Crypto Exchange Volume	~400
CMT Digital	Chicago	AM	Prop + VC	~100
Da Vinci Trading	Amsterdam	EU	Prop Capital	~100
Deep Blue Capital	Amsterdam	EU	Prop Capital	~30
DeepFin Research	Bengaluru	AP	Prop Capital	~40
Dolat Algotech	Mumbai	AP	Prop Capital	~200
DWF Labs	Abu Dhabi	ME	Prop Capital	~50	3.3/5
Estee Advisors	Gurugram	AP	Prop Capital	~200	4/5
Five Rings Capital	New York, NY	AM	Prop Capital	~100	4.1/5
Flow Traders	Amsterdam	EU	Public	~600	4/5
Flowdesk	Paris	EU	Prop Capital	~120	3.3/5
Folkvang	Amsterdam	EU	Prop Capital	~50
Grasshopper Asia	Singapore	AP	Prop Capital	~140
Graviton Research Capital	Gurugram	AP	Prop Capital	~503	4.3/5
GTS Securities	New York, NY	AM	Prop Capital	~200	3.9/5
Headlands Technologies	San Francisco, CA	AM	Prop Capital	~50	4.2/5
Hilbert Group	Stockholm	EU	$200M+	~40
IMC Trading	Amsterdam	EU	Prop Capital	~1,000	4.2/5
iRage Capital	Mumbai	AP	Prop Capital	~150	3.5/5
Kbit	New York	AM	Prop Capital	~17
Keyrock	Brussels	EU	Prop Capital	~170	4.1/5
Kronos Research	Taipei	AP	Prop Capital	~100	3.6/5
Liquid Capital Group	London	EU	Prop Capital	~100
Maven Securities	London	EU	Prop Capital	~200	3.9/5
Midas Technologies	Singapore	AP	Prop Capital	~40
Mint Tower Capital Management	Amsterdam	EU		~50
Nayt Technologies	Shanghai	AP	Prop Capital	~30
Old Mission Capital	Chicago, IL	AM	Prop Capital	~200	4.1/5
Open Futures	New Delhi	asia		Small team (IIT graduates)	3.1/5
Order Capital	Dubai	ME	Prop Capital	~30
Pinely	Amsterdam	EU	Prop Capital	~110	4.8/5
Plus Wealth Capital Management	Gurugram	asia		60+	4.1/5
Portofino Technologies	London	EU	$50M+ VC	~45
QCP Capital	Singapore	AP	Prop Capital	~80	4.1/5
QCP Group	Singapore	AP	Institutional Volume	~100
Qnance Technologies	Bangalore	AP	Prop Capital	~100
Quadeye Securities	Gurugram	AP	Prop Capital	~220	3.9/5
Quantlab Financial	Houston, TX	AM	Prop Capital	~200	4/5
Radix Trading	Chicago, IL	AM	Prop Capital	~50	4.3/5
Rock Bund Capital	Hong Kong	AP	Prop Capital (>$1B daily)	~100
RSJ	Prague	EU	Prop Capital	~200	3.8/5
Saccade Capital	Hong Kong	APAC	Prop Capital	~30
Skynet Trading	Singapore	AP	Prop Capital	~50	4.4/5
Sparkland	Dubai	ME	Prop Capital	~40
Spectral Technologies	Dubai	ME	Prop Capital	~80	4.1/5
Star Beta Australia	Sydney	APAC	Prop Capital	~350
Tetrion Capital	Hong Kong	APAC	Prop Capital	~30
Teza Technologies	Chicago, IL	AM	Prop Capital	~100	4.6/5
Tibra Capital	Sydney	AP	Prop Capital	~200	4/5
Time Research	Victoria (Seychelles)	AP	Prop Capital (>$2B daily)	~100
Tokka Labs	Global	AP	$50M+ Capital	~40
Trillium Trading	New York	NA	Prop Capital	~100
UTR8 Group	Utrecht	EU	Prop Capital	~35
VivCourt Trading	Sydney	AP	Prop Capital	~140	3.9/5
WEBB Traders	Amsterdam	EU	Prop Capital	~100
Wintermute	London	EU	Prop Capital	~200	4.2/5
Woorton	Paris	EU	Prop Capital	~40
XLR8 Trading	Chicago	AM	Prop Capital	~75

Insurance & Reinsurance

6 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Generali	Trieste	EU	$450B invested assets	~82,000	3.7/5
Hannover Re	Hannover	EU	$70B invested assets	~3,600	3.8/5
Manulife / John Hancock	Toronto	AM	$400B invested assets	~38,000	3.9/5
MetLife	New York	AM	$680B total assets	~45,000	3.7/5
Prudential Financial	Newark	AM	$1.5T total assets	~40,000	3.8/5
SCOR	Paris	EU	$30B invested assets	~3,500	3.7/5

Multi-Manager Platform

16 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
Alyeska Investment	Chicago, IL	AM	$10B	~200	3.9/5
Brevan Howard	London	EU	$35B	~1,000	2.8/5
Capstone Investment	New York, NY	AM	$10B+	~400	3.8/5
Centiva Capital	New York, NY	AM	$6B	~200	3.9/5
CQS	London	EU	$15B	~300	3.6/5
Engineers Gate	New York, NY	AM	$4B	~100	3.8/5
ExodusPoint Capital	New York, NY	AM	$15B	~500	3.3/5
Hudson Bay Capital	New York, NY	AM	$15B+	~200	4.7/5
Jain Global	New York, NY	AM	$5B+	~200
Laurion Capital Mgmt	New York, NY	AM	$8B+	~200	3.9/5
LMR Partners	London	EU	$10B+	~300	4.3/5
Magnetar Capital	Evanston, IL	AM	$14B	~400	4.5/5
Polymer Capital	Hong Kong	AP	Prop Capital	~200
Rokos Capital	London	EU	$16B	~200	3.9/5
Schonfeld Strategic	New York, NY	AM	$15B	~1,000	4/5
Verition Fund Mgmt	Greenwich, CT	AM	$12B	~500	3.9/5

Quant Hedge Fund

41 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
AlphaQuest	New York	North America	$2.2B	45	4.3/5
Arrowpoint Investment Partners	Singapore	AP	Prop Capital	~100
Arrowstreet Capital	Boston, MA	AM	$40B+	~300	3.9/5
Aspect Capital	London	EU	$8.8B	~130	3.7/5
AXQ Capital	New York	NA	$286M	~30
Baiont Quant	Shanghai	AP	$500M (est.)	~80
Baupost Group	Boston, MA	AM	$20B	~120	3.8/5
BlueCrest Capital	London	EU	$10B+	~300	3.8/5
Bracebridge Capital	Boston	North America	$12B	158	3.1/5
Capital Fund Mgmt	Paris	EU	$12B	~250	3.8/5
Capula Investment	London	EU	$30B	~300	4/5
Caxton Associates	New York, NY	AM	$10B+	~100	3.7/5
Coatue Management	New York, NY	AM	$50B	~300	4.7/5
Dymon Asia Capital	Singapore	AP	$5B	~190	4/5
G-Research	London	EU	Prop Capital	~500	3.6/5
Geode Capital Mgmt	Boston, MA	AM	$1T+	~150	2.2/5
High-Flyer Quant	Hangzhou, China	AP	$8B+	~300	4.8/5
JQ Investments	Shanghai	AP	$500M (est.)	~100
Marshall Wace	London	EU	$65B+	~700	4.4/5
Minghong Investment	Shanghai	AP	$11B+	~200
Mingshi Investment	Shanghai	AP	$500M (est.)	~80
PGIM Quant Solutions	Newark, NJ	AM	$100B+	~200	4/5
Pharo Management	London	Europe	$7B	135
Quadrature Capital	London	EU	$10B+	~200	3.9/5
Quantedge Capital	Singapore	AP	$4B+	~100	3.9/5
Quantica Capital	Zurich	EU	Institutional AUM	~30
Qube Research & Tech	London	EU	$12B+	~300	4.1/5
Ruitian Investment	Shanghai	AP	$1B (est.)	~100	4.1/5
Sixth Street Partners	San Francisco	Americas	$75B+	~500	3.1/5
Soroban Capital	New York, NY	AM	$10B	~80	3.8/5
Squarepoint Capital	London	EU	$12B+	~800	4/5
Stevens Capital Mgmt	Bala Cynwyd, PA	AM	$5B+	~200	3.8/5
Systematica Investments	Geneva	EU	$10B+	~100	3.1/5
TGS Management	Irvine, CA	AM	Prop / Small	~50	5/5
Transtrend	Rotterdam	EU	$10B+	~80	3/5
Voleon Group	Berkeley, CA	AM	$8B+	~200	4.7/5
Voloridge Investment	West Palm Beach, FL	AM	$5B+	~100	4.6/5
WizardQuant	Shanghai	AP	$5B	~180
WorldQuant	Old Greenwich, CT	AM	$10B+	~600	4.2/5
Xantium Group	London	EU	Prop Capital	~200
Yanfu Investments	Shanghai	AP	$11B	~40

Sell-Side / Investment Bank

17 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
BNP Paribas	Paris	EU	$600B AUM	~190,000	3.8/5
CMC Markets	London	EU	FTSE 250 Broker	~800	2.7/5
Evercore	New York	Americas	$14B	~1,950	4/5
Hundsun Technologies	Hangzhou, China	AP	Platform	~8,000
Korea Investment and Securities	Seoul	Asia-Pacific	$40B	~2,685	3.4/5
Lazard	New York	Americas	$245B	~4,506	3.9/5
Macquarie Group	Sydney	AP	$600B AUM	~21,000	3.7/5
Nomura	Tokyo	AP	$500B AUM	~27,000	3.8/5
Oppenheimer	New York	Americas	$110B	~3,280	3.5/5
Piper Sandler	Minneapolis	Americas	$11B	~1,932	3.8/5
RBC Capital Markets	Toronto	AM	$400B AUM	~8,000	3.7/5
SBI Capital Markets	Mumbai	Asia-Pacific	$880B	~1,019	3.8/5
Societe Generale	Paris	EU	$500B AUM	~117,000	3.7/5
Stifel Financial	St. Louis	Americas	$440B	~7,300	3.8/5
Wells Fargo	San Francisco, CA	AM	$600B AUM	~230,000	3.5/5
William Blair	Chicago	Americas	$70B	~2,400	3.9/5
Yuanta Securities	Taipei	AP	Largest Taiwan Broker	~8000

Sovereign / Pension Fund

23 firms

Firm	HQ	Region	AUM	Employees	Glassdoor
ADQ	Abu Dhabi	ME	$160B+		3.6/5
AIMCo (Alberta Investment Management)	Edmonton	AM	$170B+		3.8/5
AP7	Stockholm	EU	$0.12T		3.7/5
ATP	Hilleroed	EU	$150B+		3.8/5
AustralianSuper	Melbourne	AP	$0.24T		4/5
Aware Super	Sydney	AP	$160B+		3.7/5
BCI (British Columbia Investment)	Victoria	AM	$250B+		3.9/5
Brunei Investment Agency (BIA)	Bandar Seri Begawan	AP	$55B+		3.5/5
CalPERS	Sacramento	AM	$0.38T		3.6/5
CalSTRS	Sacramento	AM	$0.35T		3.9/5
Florida SBA	Tallahassee	AM	$260B+		4.2/5
Future Fund	Melbourne	AP	$210B+		3.9/5
HKMA	Hong Kong	AP	$500B+	~900	3.7/5
HOOPP	Toronto	AM	$115B+		3.7/5
NY State Common Retirement Fund	Albany	AM	$275B+		3.9/5
OMERS	Toronto	AM	$130B+		4.2/5
OTPP (Ontario Teachers)	Toronto	AM	$0.27T		4.1/5
PFZW	The Hague	EU	$0.24T		3.6/5
PGGM	Zeist	EU	$0.29T		3.7/5
PSP Investments	Montreal	AM	$265B+		3.9/5
Teacher Retirement System of Texas (TRS)	Austin	AM	$210B+		3.8/5
Turkey Wealth Fund (TWF)	Istanbul	EU	$80B+
USS (Universities Superannuation)	London	EU	$0.11T		3.8/5

Tier 2 — Top Regional Quant Firms

Asset Manager

asset_manager

broker

Commodity Trading

Energy Trading

Exchanges & Data Providers

Fintech & Big Tech

High-Frequency Trading / Prop Trading

Insurance & Reinsurance

Multi-Manager Platform

Quant Hedge Fund

Sell-Side / Investment Bank

Sovereign / Pension Fund

Browse by Category