Schonfeld Group Holdings traces its beginnings to 1988 when Steven Schonfeld founded a proprietary trading firm that quickly became one of Wall Street’s most unique and profitable trading firms, establishing itself as a leader in the field of short-term trading. Beginning with a handful of traders, the firm now allocates capital to hundreds of individual firm traders, outside investment advisers and hedge funds, and routinely trades hundreds of millions of shares per day.
Since those early days, Schonfeld has effectively aligned its interests with those of its traders and other personnel who have seen their successes drive the firm’s success. As evidence of that alignment, since 1999 the firm has paid out over $1 billion to individual firm traders. Schonfeld’s formula for achievement combines an entrepreneurial spirit with true trading acumen, unmatched depth of market knowledge and state-of-the-art technology to successfully compete in the world’s markets.
The key ingredient to maintaining the firm’s “edge” is its ability to attract, reward and retain exceptionally talented traders, researchers, scientists, developers and other technologists, support personnel and management
