Independent firm profile
D. E. Shaw & Co.
Global multi-strategy quantitative investment and technology firm with significant proprietary trading.
- Headquarters
- New York, USA
- Founded
- 1988
- Funding model
- Bank / Institutional
- Region served
- North America
Community rating
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Overview
What this firm is and who it serves
D. E. Shaw is a pioneering quant fund with deep proprietary trading expertise across systematic equity, macro, credit, commodities and digital assets. Hires traders, researchers and engineers; not a retail-accessible firm.
"Pursue distinctive sources of return through quantitative and qualitative research."
At a glance
Structured facts about this firm
- Firm Type
- Bank / Institutional prop firm
- Market Focus
- Futures, Stocks, Options, Forex, Crypto
- Trading Style
- Bank or Institutional Prop Desk
- Institutional Level
- Retail-accessible proprietary firm
- Retail Accessibility
- Open to retail traders
- Geography
- New York, USA · North America
- Known For
- Multi-strategy
- CEO
- David E. Shaw / Eddie Fishman (Co-CEOs)
- Team size
- 2,000+ employees globally
Funding programs
Account types and the path to capital
Evaluation
—Not required by this firm.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Total compensation for senior researchers/traders commonly in mid-six to seven figures.
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Elite quant culture
- +Long track record
- +Diverse strategies
Trade-offs
- −Selective hiring
- −Not retail-accessible
- −Long interview process
Frequently asked questions
Common questions about D. E. Shaw & Co.
Is D. E. Shaw & Co. a legitimate prop firm?+
D. E. Shaw & Co. was founded in 1988 and is headquartered in New York, USA. Global multi-strategy quantitative investment and technology firm with significant proprietary trading.
Does D. E. Shaw & Co. require an evaluation?+
No. D. E. Shaw & Co. offers funded accounts without a traditional evaluation phase.
What is the profit split at D. E. Shaw & Co.?+
D. E. Shaw & Co.'s published profit split is: Bonus-based compensation.
How often does D. E. Shaw & Co. pay out?+
D. E. Shaw & Co. processes payouts on a n/a (employee comp) basis.
What platforms does D. E. Shaw & Co. support?+
D. E. Shaw & Co. supports the following trading platforms: Proprietary systems.
What trading restrictions does D. E. Shaw & Co. enforce?+
At D. E. Shaw & Co., news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.