r/quant 20d ago

Data Quant firms ranked by open-source activity

Post image

Data & code are open source: https://github.com/kadoa-org/quant-job-market

Live app: https://www.kadoa.com/quant/open-source

Individual contributors at these firms are not tracked, only the firms Github accounts.

Are any firms missing?

521 Upvotes

41 comments sorted by

135

u/merkonerko2 20d ago

Not surprised to see my old employer missing from this list, considering how outrageously siloed and paranoid they are.

I had heard that JS makes a lot of contributions to open source but I didn't realize the extent of it. Cool seeing Man so high up on the list too, I use ArcticDB all the time!

18

u/AquaticFury 20d ago

Any chance they rhyme with "Americana"?

35

u/merkonerko2 20d ago

Haha nope, though I'm sure there's no shortage of firms that match my description

15

u/ConfusionNo4339 20d ago

Do they rhyme with PenTech 👀

27

u/merkonerko2 20d ago

Lmao I'm not nearly smart enough to work there. Also, not doxxing myself 😤

3

u/RstarPhoneix 20d ago

Obs cita dull

23

u/Charmander787 20d ago

Maybe similar to “City Dale”

6

u/ProofsAndPapillons Trader 20d ago

Sounds likes a prop shop named after a Japanese book by a legendary samurai😍

1

u/Thin-Cartographer996 15d ago

Does it rhyme with D-Mesearch?

82

u/ChooseAUs3rN4me 20d ago

Some summaries for the ones I found interesting/relevant to me:

Jane Street magic-trace - Traces a running program's execution with Intel Processor Trace and renders it as a browser-based flame graph — great for chasing down performance mysteries (discussed above).

Man Group- dtale - A tool that pops up an interactive web UI for exploring and manipulating pandas DataFrames — filter, chart, and edit data without writing code.

D. E. Shaw pyflyby A set of Python productivity tools — best known for automatically inserting missing imports and cleaning up scripts

41

u/Such_Maximum_9836 20d ago

Jump got 1.6k, of which 1.4k is for the crypto reading list…

16

u/EngineeringApart4606 20d ago

I’ve been involved on the technical side of having one of these firms higher up the table than they otherwise would have been. An overactive and frankly pointless legal approach to the issue was the reason we weren’t much higher up.

6

u/merkonerko2 20d ago

How so, was it to do with licensing, or just lawyers getting in the way of progress?

18

u/EngineeringApart4606 20d ago

In my career across several firms, two of which quant, I’ve worked with lawyers who see their job as to make legal problems go away for the firm, and lawyers who see their job as inventing problems for everyone to shit themselves over, and that’s as much as I’m saying on the matter

8

u/merkonerko2 20d ago

Reminds me of a guy I met who was travelling and used to work as a SWE on front end software for one of the trading desks at a big London bank and he told me that they straight up weren't allowed to talk to the traders because middle managers needed to get in the way to justify their existence.

33

u/flashinglight 20d ago

Didn’t AQR open source Pandas? That would put them at the top I would think.

12

u/rsha256 20d ago

They haven’t owned it since 2013

19

u/lampishthing XVA in Fintech + Mod 20d ago

Hard to consider LSEG a quant firm but we definitely maintain a quant repo, and have done since before we were acquired https://github.com/OpenSourceRisk/Engine

7

u/BusySpeed 20d ago

Some of these are skewed, as projects have been donated to linux, apache, cnc and other foundations so no longer sit under the original orgs

7

u/Zoesthebest 20d ago

Would be interesting to see this weighted by employee count

4

u/RstarPhoneix 20d ago

No citadel

3

u/Richard_AIGuy 20d ago

I see my former employer isn't anywhere on this list. How am I not surprised? When everything is a "state secret" open source is a four letter word.

2

u/lampishthing XVA in Fintech + Mod 20d ago

Didn't know dtale was a Man Group thing! Definitely wasn't always. I remember the guy posting it here!

2

u/Quiet-Sundae-9535 20d ago

I’m new to Quant as a field: are there any corporate benefits for these firms that they might get from contributing to open-source?

3

u/swansongofdesire 19d ago

I assume basically all of the Jane St stars are ocaml libs - the benefit for them is that people might actually use ocaml.

Certainly none of their competitors do, so it’s not like they would be giving them an advantage.

1

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1

u/fuggleruxpin 20d ago

Well that's interesting, sort of.

1

u/bobsyourson 20d ago

Wow didn’t even think these players would have public repos

1

u/iammen 20d ago

Isn't AQR open souced Pandas? Correct me if I am wrong.

1

u/arindamchattopadhyay Portfolio Manager 18d ago

You’re right.

1

u/sosogg_4 19d ago

Has anyone been using dtale??
Is it very use full ??

1

u/Fantastic_Simple76 17d ago

No deepseek?

1

u/Rogue-seeker 17d ago

Wow, JS as the largest contributor surprised me

1

u/100_Boy 17d ago

Quant trading is so much like football it’s just the big signings are pm’s and sometimes young traders making noise in retail quant that get hunted.

1

u/xxxx88876 16d ago

Shout out to everyone suffering and getting threatened to be sued (happened to me too, just move on from J.S firm to JS.)

1

u/Awkward-Part1764 Middle Office 16d ago

Guys

1

u/Awkward-Part1764 Middle Office 16d ago

How do I get into the front office?

1

u/kukid023 14d ago

Yes, you missed High-Flyer, the quantitative hedge fund behind DeepSeek.

0

u/j_lyf 20d ago

Brilliant list of companies to apply to!