Schonfeld has distinguished itself in the world of systematic (or non-manual) trading. Systematic proprietary and model-driven trading strategies have been developed based on Steven Schonfeld’s trading acumen in concert with Schonfeld’s “black box” team of researchers and scientists. In large part, Steven’s vision has been realized – the firm has successfully brought together its financial market expertise, advanced technology and academic-based strategies to drive systematic trading revenue and profits.
The firm’s creation of the systematic group over a decade ago allowed Schonfeld to formalize and refine systematic trading research and development efforts, which resulted in identifying and developing strategies that exploit short-term market inefficiencies.
Schonfeld’s systematic group thrives in an open culture and consists of people from diverse academic backgrounds with advanced degrees in applied mathematics, computer science and the physical sciences.
Inspiration for new systematic trading strategies come from many sources, including academic research, market observation and interaction with the firm’s traders and management.
Schonfeld’s state-of-the-art, low-latency infrastructure, proprietary data center facilities, co-location facilities and proprietary routing and execution algorithms provide its systematic strategies with the speed and efficiency essential in a marketplace where every microsecond counts.
