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Rust Quant Jobs in Illinois (NOW HIRING)

Our team brings former experience at the world's leading quantitative firms, including Two Sigma ... Our team is responsible for all things C/C++ and Rust, and the most performance-sensitive parts of ...

Quantitative Sales Associate

Chicago, IL · Remote

$14.50 - $19.50/hr

Create common examples and use-cases with market data, with examples in Python, C++, and/or Rust ... Experience with quant trading and market microstructure. * Extreme attention to detail and record ...

Apply Early

... C++ or Rust * Develop and maintain systems to ensure application performance, integrity and ... Collaborate with quantitative researchers and traders on strategy development * Design, develop ...

Site Reliability Engineer

Chicago, IL · On-site

$175K - $225K/yr

An undergraduate or an advanced degree in a quantitative field such as Computer Science, Engineering or one of the hard sciences * 4+ years of Python, Perl, Golang, C++, or Rust development ...

Lead Data Engineer

Chicago, IL

$118K - $141K/yr

Close collaboration with quant researchers and traders to unlock predictive insights and trading ... Experience with system-level languages (e.g., C++, Rust) and exposure to MLOps or MLflow * Proven ...

Close collaboration with quant researchers and traders to unlock predictive insights and trading ... Experience with system-level languages (e.g., C++, Rust) and exposure to MLOps or MLflow * Proven ...

Close collaboration with quant researchers and traders to unlock predictive insights and trading ... Experience with system-level languages (e.g., C++, Rust) and exposure to MLOps or MLflow * Proven ...

Close collaboration with quant researchers and traders to unlock predictive insights and trading ... Experience with system-level languages (e.g., C++, Rust) and exposure to MLOps or MLflow * Proven ...

Close collaboration with quant researchers and traders to unlock predictive insights and trading ... Experience with system-level languages (e.g., C++, Rust) and exposure to MLOps or MLflow * Proven ...

D. in Computer Science, Artificial Intelligence, Machine Learning, or a deeply quantitative field ... Rust, Python, Go, C++, or TypeScript. * Flawless Engineering Judgment: A proven track record of ...

Rust Quant information

What is a Rust Quant?

A Rust Quant is a quantitative analyst or developer who specializes in using the Rust programming language to build financial models, trading algorithms, or risk management systems. Rust is valued in quantitative finance for its high performance, memory safety, and concurrency support, making it suitable for processing large volumes of financial data. Rust Quants typically work in hedge funds, investment banks, or fintech companies, where they design and implement efficient, reliable software to support trading and analytics. Their work often involves collaborating with data scientists, traders, and other engineers.

How does a Rust Quant typically collaborate with other teams within a financial institution?

A Rust Quant often works closely with traders, data engineers, and risk analysts to develop and optimize quantitative models and trading algorithms. Collaboration involves translating financial strategies into efficient, production-ready Rust code, and ensuring that the models integrate seamlessly with existing systems. Regular communication is essential to clarify requirements, troubleshoot issues, and continuously improve performance. This cross-functional teamwork provides valuable exposure to different aspects of quantitative finance and fosters professional growth.

What are the key skills and qualifications needed to thrive as a Rust Quant, and why are they important?

To thrive as a Rust Quant, you need a strong background in quantitative finance, advanced mathematics, and proficiency in the Rust programming language, often supported by degrees in math, physics, or computer science. Experience with statistical modeling libraries, version control systems like Git, and knowledge of financial data APIs are typically required. Analytical thinking, problem-solving abilities, and effective communication set top candidates apart in this role. These skills are crucial for developing reliable, high-performance trading algorithms and collaborating with interdisciplinary teams in fast-paced financial environments.

What is the difference between Rust Quant vs Quant Analyst?

AspectRust QuantQuant Analyst
Required CredentialsStrong programming skills, often with C++, Python, and Rust; advanced degrees in math, finance, or computer scienceDegree in finance, economics, or mathematics; certifications like CFA or FRM are common
Work EnvironmentTypically in tech-driven finance firms, hedge funds, or proprietary trading firms; focus on coding and model developmentUsually in investment banks, asset management firms, or hedge funds; focus on market analysis and strategy
Employer & Industry UsageUsed in quantitative trading, risk management, and algorithm developmentUsed in investment analysis, portfolio management, and risk assessment

Rust Quants focus on developing and implementing trading algorithms using programming skills, especially in Rust and related languages. Quant Analysts often analyze markets and develop financial models, with less emphasis on coding. While both roles require strong quantitative skills, Rust Quants are more technical and programming-oriented, whereas Quant Analysts focus more on financial analysis and strategy.

What cities in Illinois are hiring for Rust Quant jobs? Cities in Illinois with the most Rust Quant job openings:
Software Engineer (C++/Rust)

Software Engineer (C++/Rust)

Databento

Chicago, IL • On-site, Remote

Full-time

Posted 28 days ago


Job description

The financial industry is growing at a record pace, but our data providers are still stuck in the past — with cumbersome onboarding processes, complicated APIs, slow infrastructure, and expensive licensing costs.

Databento is the next generation market data provider — with the radical idea that you should only pay for the data that you use. We power the world's largest finance and fintech institutions and lower the barrier of entry for small startups, gaining over 4,000 users during our first year of launch. Our team brings former experience at the world's leading quantitative firms, including Two Sigma, Flow Traders, Tower Research, PDT Partners, SIG, and more.

We're looking for a midlevel or senior IC to join our core engineering team. Our team is responsible for all things C/C++ and Rust, and the most performance-sensitive parts of our codebase. You'll be working with nearly 20 PB of data, with thousands of bare metal CPU cores at your disposal.

Responsibilities
  • Design, develop, and maintain high-performance server applications in C/C++ and Rust.
  • Write message parsers and feed handlers for direct market data feeds from trading venues.
  • Optimize existing codebase for high throughput (millions of messages per second, up to 40+ gigabits) and low latency (measured in nanoseconds).
  • Implement tools and libraries for petabyte-scale data processing and analysis.
  • Collaborate with the systems team to implement best practices for build, deployment, CI/CD.
  • Implement monitoring and improve application uptime.
  • Ensure smooth feature rollouts and updates.
Preferred background
  • 5+ years of full-time software engineering experience, preferably at a trading firm, tech company, or high-growth startup.
  • Strong proficiency in C/C++ or Rust.
  • Knowledge of systems programming, algorithms, data structures, multithreading, networked I/O, serialization, CPU architecture, kernel, and compilers.
  • Experience working with multiprocess environments.
  • Comfortable with lldb/gdb.
  • Good communication skills and work ethic for a remote workplace.
  • An interest in low-level optimization and performance engineering.
  • An interest in financial data or algorithmic trading.
Notice about phishing scams

Be cautious of phishing scams impersonating Databento that offer fake job interviews and request purchases. Official emails come only from @databento.com or us.greenhouse-mail.io (our ATS). Any other domains (e.g., databento-careers.com, databento.online) are fraudulent.

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Databento, Inc. provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity or expression, veteran status, or genetics. In addition to federal law requirements, we comply with applicable state and local laws governing nondiscrimination in every location where we operate. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Pursuant to applicable laws, we consider qualified applicants with arrest or conviction records. If you need an accommodation, please let us know.

Our recruiting data suggests that underrepresented applicants often downplay their skills. Even if your experience doesn't exactly match the qualifications listed, we still want to hear from you. Please apply!