Squarepoint Capital

Squarepoint’s business traces back to nQuant, founded within Lehman Brothers in 2000. The team later moved to Barclays and became independent on December 16, 2014, when it acquired the nQuant employees, intellectual property and assets.

The firm manages systematic and quantitative strategies across multiple asset classes, trading frequencies and global markets. Its investment process relies heavily on historical-data backtesting, large-scale research, portfolio diversification and automated execution; Squarepoint says its systems execute millions of trades each day.

Its strongest differentiator is the integration of quantitative investment research, machine learning, technology and trading operations. For students, the early-career focus is primarily quant research, trading and technology rather than generalist investment banking; internships are typically aimed at penultimate-year students with strong backgrounds in mathematics, statistics, computer science, engineering or related fields.