Five Rings Capital

Five Rings is a quantitative proprietary trading firm founded on the idea of combining strategy, innovation and technology to compete in global markets. It trades across “a multitude of exciting markets, established and esoteric, domestic and international” from offices in New York, Boca Raton, London and Amsterdam.

What distinguishes Five Rings is the speed at which ideas reach production. Quants, developers and traders work side by side, and strategies move “from insight to implementation often within days or weeks”. The firm describes itself as “a team-first meritocracy built on constant innovation”, where the same group that finds an opportunity is responsible for building and running it.

Five Rings puts unusual weight on training and internal mobility, noting that “collaboration and mentoring are integral to our growth”. It recruits heavily from mathematics, computer science and engineering programmes, and is a familiar name on the quant campus circuit thanks to its numerical and probability-heavy interview process.