Execution / Market Microstructure Quant Roadmap

Execution Quants focus on how to trade rather than what to trade. Once a portfolio manager decides to buy a stock, the execution quant ensures the trade happens at the best possible price with minimal market impact. They analyze the limit order book, study liquidity, and build smart order routing (SOR) algorithms…

Milestones: Data Engineering. Microstructure Theory. Algorithm Design. Performance Analytics

Core skills: Market Microstructure Theory. High Frequency Data Analysis. Optimal Execution Algorithms. Stochastic Control and Reinforcement Learning. Exchange Protocols and Regulation