Quantitative analysis · Intraday statistical arbitrage

You research and build automated trading strategies that buy and sell within a single day, using statistics on large sets of market data to find trading opportunities. Statistical arbitrage means finding securities whose prices usually move together, spotting the moments when they drift apart and trading on the expectation that the gap will close. Intraday means each position is opened and closed within the same trading day. The strategies run inside the firm's automated trading framework, the software that turns a researcher's ideas into live orders.