PDT Partners
PDT Partners, founded in 1993 as Process Driven Trading within Morgan Stanley, specializes in algorithmic trading using quantitative models to identify market inefficiencies. The company employs around 250 people and operates globally with offices in New York City and London.
Company History
PDT Partners was founded in 1993 as Process Driven Trading within Morgan Stanley. The company specialized in algorithmic trading using quantitative models to identify market inefficiencies from the outset. In 2013, PDT Partners spun out of Morgan Stanley, becoming an independent entity. Since its inception, PDT Partners has remained committed to scientific research and technical innovation in financial markets.
Algorithmic Trading and Quantitative Models
PDT Partners specializes in algorithmic trading, utilizing sophisticated quantitative models to identify and exploit market inefficiencies. The firm operates automated trading systems that engage in electronic markets worldwide. This focus on advanced scientific research and technical innovation has allowed PDT Partners to stay at the forefront of the financial trading industry.
Global Operations and Workforce
PDT Partners employs approximately 250 people across its offices in New York City and London. The company’s global operations ensure continuous trading on electronic markets around the world, leveraging its skilled workforce to maintain high standards of performance and innovation in algorithmic trading.
Employee Benefits and Wellness Programs
PDT Partners provides a comprehensive benefits package that includes full medical, dental, vision, disability, and life insurance coverage. The company supports employee wellness with additional perks such as fitness subsidies, emergency backup child and elder care, and unlimited sick leave, aiming to create a supportive and healthy work environment.
Philanthropy: PDT Give
PDT Partners offers a philanthropy program known as PDT Give, which focuses on education and workforce development to help alleviate poverty. This initiative reflects the company's commitment to giving back to the community and assisting those in need through strategic philanthropic efforts.