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-as of [4 AUGUST 2024]–
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*Susquehanna International Group, LLP (SIG) is a privately held, global trading and technology firm*
(named for “susquehanna river”)
(which is further west in ‘pennsylvania’)
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*SIG comprises a number of affiliated entities specializing in trading and proprietary investments in…*
equities
fixed income
energy
commodity
index and derivative products,
private equity / venture capital
research
customer trading
and institutional sales
.
Susquehanna is probably best known for derivatives pricing and trading, especially equity options.
SIG’s European Headquarters in the IFSC, Dublin
SIG is a specialist or DPM (designated primary market maker) in approximately 600 equity options and 45 index options on the
CBOE,
AMEX,
PHLX,
and ISE,
including equities such as Google, Goldman Sachs, JPMorgan Chase, GE, PepsiCo, and Microsoft, and indices such as Nasdaq and Russell 2000 options.[1]
SIG’s headquarters office is in Bala Cynwyd, a western suburb of Philadelphia, Pennsylvania, US, and its European headquarters are in the IFSC, Dublin, Ireland.
The firm employs more than 1,900 people in offices across North America (New York City, Chicago, San Francisco, Philadelphia, Boston, Stamford), Australia (Sydney), Europe (Dublin, London) and Asia (Shanghai, Beijing, Hong Kong, Tokyo).
SIG is one of the largest employers in Lower Merion Township[3][4] and was listed as one of Philadelphia magazine’s “Coolest Companies” in 2015
The Company
SIG was founded in 1987 by
Jeff Yass,
Gerald Yass,
Arthur Dantchik,
Steve Bloom,
Eric Brooks,
Andrew Frost and
Joel Greenberg.
“i KNEW there’d be a “goldberg” in the bunch!”
“o stop it!”
SIG’s operations extend across North America, Europe, and Asia.
They trade essentially all listed financial products and asset classes in markets around the world.[6]
SIG’s domestic and international market making, specialist and electronic trading operations are among the most sophisticated in the industry, ranking SIG among the leading liquidity providers thanks to its operations at exchanges including the Chicago Board Options Exchange.[7]
In 2013, Glassdoor ranked SIG first in the best US financial services companies to work for
Poker
Poker and other games are an important part of the SIG company culture.
The founders and senior traders believe that poker teaches lessons on decision making under conditions of uncertainty.
SIG hosts an internal poker tournament annually and has even used poker as a recruiting tool
The company employs Bill Chen, a World Series of Poker star, in its quantitative trading group.[10]
Quantitative Trader program[edit]
The Quantitative Trader (QT) program (formerly the Assistant Trader program) develops traders for positions in the market making and trading businesses.
A QT will be introduced to the financial markets through a combination of practical training on a trading desk that is supported with ongoing theoretical classroom instruction.
The QT will be assigned to a trading desk to support the daily activities for ongoing trading.
He/She will work directly with a trader who is available to answer questions and provide feedback
Two senior traders teach the theoretical classroom education, which is the core of the program. Simulated trading sessions and classes that highlight the key elements of trading make up the program’s curriculum. Class topics include option theory, decision science, corporate finance, game theory, and market structure.
Upon completion of the QT program (which typically lasts anywhere from 9 to 18 months), all QTs will attend the formal ten-week SIG Market Maker Class, which is the final step before becoming a trader at SIG.[11]
Bitcoin trading desk[edit]
Since 2016, the company has built a Bitcoin trading desk that is now being expanded to include 500 of its clients, according to the New York Times. Susquehanna will be trading futures that are tied to Bitcoin prices, and enable customers to purchase and sell Bitcoin and other cryptocurrencies such as Ethereum and Bitcoin Cash.[12]
The move follows the company’s assumption that Bitcoin will predominantly be used to challenge gold as a rare commodity for the near future, but will eventually transform financial services and “exist forever.”[12]
References
^ http://www.cboe.com/publish/ScheduledTask/MktData/cboesymboldir2.csv
^ “SIG Locations”. sig.com. Retrieved 2017-09-29.
^ “Lower Merion, Pennsylvania is MONEY’s No. 46 Best Place to Live in America”. Money. Retrieved 2017-09-29.
^ “Principle Employers of Lower Merion, PA (2009)”. Retrieved 27 July 2012.
^ “Philly’s Coolest Companies 2015”. Philadelphia Magazine. 2015-10-25. Retrieved 2017-09-29.
^ “Quantitative Trading Products | Options, Energy, Equities, Bonds & More | SIG”. sig.com. Retrieved 2017-09-29.
^ “Cboe Options on Commodity-based ETFs”. www.cboe.com.
^ Smith, Jacquelyn. “The Best Financial Services Companies to Work For”.
^ “Poker Archives | Raise Your Game”. Raise Your Game. Retrieved 2017-09-29.
^ “William Chen”. www.billchenpoker.com.
^ “Campus Programs | Assistant Trader Program & Internship | SIG”. sig.com. Retrieved 2017-09-29.
^ Jump up to: a b “One Firm Is Way Ahead of Wall Street on Bitcoin”. The New York Times. 2018-06-05. ISSN 0362-4331. Retrieved 2018-06-07.
External links[edit]
Official website
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*SUSQUEHANNA JOURNALS*
(in ‘summer 2007’, bergblum introduced me to ‘steve rosenberg’…)
(he subsequently referred me to ‘ralph buchalter’…)
Options trader (QQQ)
American Stock Exchange
(917)660-3990
(973)378-2521
he set me up with a susquehanna interview…
maxine ross
(recruiter)
i made the final round of interviews but didn’t get the job…
because i had told them that i was “100% certain” that the population of nigeria was not above a specific amount…
(and i turned out to be wrong…)
.
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en.wikipedia.org /wiki/Susquehanna_International_Group
Susquehanna International Group
Contributors to Wikimedia projects
6-7 minutes
Susquehanna International Group, LLP
Type Privately held company, Partnership
Industry
Financial Services
Banking
Global Investment
Trading
Founded 1987
Founder
Jeff Yass
Gerald Yass
Arthur Dantchik
Steve Bloom
Eric Brooks
Andrew Frost
Joel Greenberg
Peter Smith
Headquarters Bala Cynwyd, Pennsylvania, US
Area served
served across 25 outlets located worldwide
Products
Institutional brokerage
Market maker
Private equity
Number of employees
1900+
Website
https://www.sig.com/
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*👨🔬🕵️♀️🙇♀️*SKETCHES*🙇♂️👩🔬🕵️♂️*
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👈👈👈☜*“JOB SEARCHES”* ☞ 👉👉👉
*FINANCE*
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💕💝💖💓🖤💙🖤💙🖤💙🖤❤️💚💛🧡❣️💞💔💘❣️🧡💛💚❤️🖤💜🖤💙🖤💙🖤💗💖💝💘
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*🌈✨ *TABLE OF CONTENTS* ✨🌷*
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🔥🔥🔥🔥🔥🔥🔥*we won the war* 🔥🔥🔥🔥🔥🔥🔥