Remote Senior Quantitative Researcher, Market Microstructure

Based in the Indianapolis, IN area, this fully remote Senior Quantitative Researcher — Market Microstructure will research intraday price formation, liquidity, and execution behavior across U.S. equities. The operating schedule centers on Eastern Time coordination of morning research, intraday decisions, and post-close checks.

Base salary: $210,000–$285,000 USD, based on experience
Work arrangement: Fully remote; applicants must be based in the Indianapolis, IN area
Experience: 7+ years
Additional compensation: Performance-bonus and equity eligibility based on role and level

The Indianapolis, IN position owns the full evidence path from event-time data design through production review of market-microstructure measures. Its working schedule covers Eastern Time coordination of morning research, intraday decisions, and post-close checks. You will work with a small group of specialists and preserve enough evidence for another person to challenge every material decision.

The Indianapolis opening emphasizes process ownership, practical review standards, and unambiguous escalation paths. Morning research conclusions must be translated into explicit live-market checks before the open. During the session, the opening owns the point where observation becomes escalation. Final reconciliation confirms that every material exception has evidence, a disposition, and either a completed action or a named next owner. For this role, that means direct ownership of event-time data quality, liquidity diagnostics, and intraday research review during Eastern Time coordination of morning research, intraday decisions, and post-close checks.

In Indianapolis, IN, the first formal review will assess event-time data quality, liquidity diagnostics, and intraday research review under the normal controls used for Eastern Time coordination of morning research, intraday decisions, and post-close checks. Any proposed response must remain within an approved limit. Two assigned tasks anchor the evidence:
Design studies of spreads, depth, impact, auction behavior, and short-horizon price response; and Build event-time datasets without look-ahead or survivorship bias. The Indianapolis opening emphasizes process ownership, practical review standards, and unambiguous escalation paths. The record must show how each result affected the review. Completion requires a repeatable evidence path, a clear response boundary, and a time for the next check.

Those records must connect directly to the full evidence path from event-time data design through production review of market-microstructure measures.

• Design studies of spreads, depth, impact, auction behavior, and short-horizon price response
• Build event-time datasets without look-ahead or survivorship bias
• Partner with engineering to product ionize validated measures
• Document assumptions, failure modes, and regime sensitivity
• Own event-time data quality, liquidity diagnostics, and intraday research review during Eastern Time coordination of morning research, intraday decisions, and post-close checks.

• Advanced degree in a quantitative field or an equivalent research record
• Strong Python, SQL, statistics, and market-data experience
• Evidence of rigorous empirical research in electronic markets

• Experience with order-book data, auctions, or transaction-cost models
• A record of explaining noisy microstructure evidence without overstating conclusions
• Experience collaborating across time zones while maintaining the operating coverage assigned to the Indianapolis, IN opening.

• Medical, dental, and vision plan options with substantial company support
• 401(k)…