We Went To An Exclusive Event For The Programmers Behind Wall Street's Top Secret Trading Codes

Chris Bartlett, Jenn Goldson, Stacy Mankoff and Ricardo RojasPeter D’AmatoChris Bartlett, Jenn Goldson, Stacey Mankoff and Ricardo Rojas

A couple years ago, Chris Bartlett — a partner at buyside quant shop/high frequency firm Nobilis Capital — started hosting parties to bring the quant community together.

These semi-annual parties are still a tradition on Wall Street, but now they’re focusing on charity.

Bartlett recently co-founded Quants Give Back, which is a volunteer organisation of quantitative practitioners who get together to network and help various charities.

“If you’re a quant, you spend all of your time in front of a computer. This organisation gives people a chance to enjoy themselves, meet their peers and help raise money for a good charity,” Bartlett told us.

Quants are the super-brainy people who write programs for the automated algorithmic trading systems that have taken over the Wall Street trading landscape in the last 10 years.

On a daily basis, they spend hours upon hours in front of computer screens delving into some heavy maths. It’s actually pretty difficult to find opportunities to network with each other.

“My day is spent hours and hours in front of multiple computer screens. If I want to talk to a person who is like two desks down, I just IM him or Skype him from my computer. I don’t leave my computer to go approach him because it’s not efficient. It’s not a good use of my time. Here, this is a chance to get out and meet your peers both on the buyside as well as on the sell-side.”

Former quant Jennifer Goldson, who’s now a vice president in buyside relations at Eurex, agreed.

“In my days as a quant, I sat behind a desk with two phones and eight computer screens towering over me. It’s very hard to draw yourself out of that world. You’re attached to the markets. You’re attached to your phones. You’re attached to your Excel spreadsheets and whatever else you’re building quantitatively. That’s all day, everyday.”

Basically, that’s why Bartlett started these networking opportunities for the quants.

For the inaugural charity event, Quants Give Back chose to raise funds for Homes For Our Troops. The money will go to help build a house for a disabled veteran in New York.

Business Insider checked out the event, which was sponsored by derivatives exchange Eurex. We’ve included photos of a few of the folks we met there.

Chris Bartlett (partner, Nobilis Capital), Jenn Goldson (VP, Eurex), Stacey Mankoff (managing principal, The Mankoff Company) and Ricardo Rojas (high frequency algorithmic trading, Deutsche Bank)

Alex Tseng, Peter Goldstein (quant analyst, Banco Brasil Plural), Jennifer Goldson (vp, Eurex) and Kevin Halupka (founder, Lodestar Securities)

Kevin Halupka with Paul Scmid

Bartlett and Goldson worked hard to put the charity event together.

Chris Bartlett of Nobilis thanked everyone for coming. He said they plan to do more of these charity events in the future. The next one will be in the summer.

Jennifer Goldson of Eurex played a key role in putting the event together. 'It wouldn't have happened without her,' Bartlett told us expressing his gratitude to Goldson and Eurex, which sponsored the event.

Stacey Mankoff of The Mankoff Company gave some remarks explaining that it's a great opportunity to give back to vets who have served our country.

Allen Khanchik (Lodestar Securities) Richard Swensson (Lodestar), Unknown and Ron Frey (Research & Development at GS Energy Partners)

Quant recruiters from I-NET Technologies Joe Long, Stephanie Watkins and Ilan Cyzner. Long told us that it's incredibly hard to place folks in the quant space. It's like finding a 'needle in a haystack because you want the best out of the best,' he said.

Gennady Neyman (Stratagem Capital Partners), Joe Long (quant trading recruiter at I-NET Technologies), Ilan Cyzner (I-NET Technologies)

Sharon Pinter (vp, algorithmic trading, Deutsche Bank) and Tina Matos (product manager, algorithmic trading)

Ohm Prasad (owner, Long Ridge Asset Management), Chad Patel, Kevin Halupka (founder, Lodestar Securities), Sharon Pinter (vp, algorithmic trading at Deutsche Bank)

Check out another Wall Street charity event...

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In