Developer docs
API playgroundTry for free, no card

Search company profiles

Quadeye

Full company profile

uuid0007ta7

Namestring
Quadeye
Legal namestring
QE Securities LLP
Websiteurl
quadeye.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Quadeye is a quantitative proprietary trading firm founded in 2007 and headquartered in Gurugram (Gurgaon), India. The firm develops and executes algorithmic trading strategies across multiple asset classes and global exchanges, leveraging mathematical and statistical modeling to identify, evaluate, and leverage trading and investment opportunities. It also provides liquidity to global financial markets, particularly during periods of market turbulence. Beyond proprietary trading, the firm operates a regulated brokerage business through its primary subsidiary QE Securities LLP (LLPIN AAM-7619), which is a SEBI-registered stock broker (INZ000041822) and member of India's NSE, BSE, and MCX exchanges, serving investors seeking access to Indian securities and commodities markets.

The firm's technology stack centers on proprietary algorithmic trading infrastructure described as 'highly optimized algorithms and robust design.' It operates a multi-entity corporate structure: QE Securities LLP handles domestic Indian brokerage, Quadeye IFSC Private Limited (CIN U67190GJ2022PTC132476, IFSCA registration IFSC/BD/2022-23/0010) handles international-facing operations from GIFT City, and affiliate entities in Singapore, Hong Kong (DAX QE Limited), and New York support cross-border trading activity. The firm employs 101–250 staff across six offices, with no public funding rounds, no parent company, and no disclosed external investors identified in the source material.

Quadeye's business model combines principal trading returns (from trading its own capital across global exchanges) with transaction-fee-based brokerage revenue. It is privately held with no public ticker and generates revenue primarily from proprietary trading PnL, supplemented by standard exchange and brokerage fees on the investor-facing side. Customer segmentation is horizontal, with the firm primarily serving retail and institutional investors through its broker entity while participating directly in markets across multiple global exchanges. No customer concentration, revenue figures, or pricing schedules are publicly disclosed.

Short descriptiontext

Quadeye is a quantitative proprietary trading firm founded in 2007 in Gurugram, India, that develops algorithmic trading strategies across multiple asset classes and global exchanges. It also provides brokerage services to investors via its SEBI-registered subsidiary QE Securities LLP, with international operations from GIFT City, Singapore, New York, and Hong Kong.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersGurugram, India
HQ citystring
Gurugram
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
proprietary trading, algorithmic trading, quantitative trading, stock brokerage, liquidity provision
NAICS code2 codes
  • Investment Banking and Securities Intermediation52315
  • Portfolio Management and Investment Advice52394
SIC code2 codes
  • Security Brokers, Dealers & Flotation Companies6211
  • Investment Advice6282
Product category
Proprietary Trading Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Proprietary Trading
TypeTransaction Fee
Description

The firm trades its own capital across global exchanges and multiple asset classes using quantitative models, generating returns from price movements and market inefficiencies. As a registered broker (QE Securities LLP), it also provides brokerage services to investors.

quadeye.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Quadeye is a quantitative proprietary trading firm that identifies, evaluates, analyzes, and leverages trading and investment opportunities globally using algorithmic and statistical models across multiple asset classes. The firm operates its own capital as a direct market participant on global exchanges, while also providing stock brokerage services to investors through its SEBI-registered broker entity QE Securities LLP and its IFSCA-registered subsidiary Quadeye IFSC Private Limited.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Quadeye is India's leading quantitative proprietary trading firm operating a unified platform for algorithmic trading across multiple asset classes and global exchanges. The firm leverages mathematical and statistical modeling to develop and execute trading strategies. Operations are supported by two key subsidiaries: QE Securities LLP, a SEBI-registered broker dealer member of NSE, BSE, and MCX for Indian market operations; and Quadeye IFSC Private Limited, an IFSCA-registered entity for NSE IFSC operations in GIFT City. The company provides liquidity provision across global financial markets.

Product and service3 records
1Quantitative Proprietary Trading
CategoryProprietary Trading
Description

Algorithmic trading services across multiple asset classes and global exchanges, leveraging mathematical and statistical modeling to identify, evaluate, and leverage trading and investment opportunities. Trades the firm's own capital as a direct market participant on global exchanges and provides liquidity to markets.

2QE Securities LLP Stock Brokerage
CategoryStock Brokerage
Description

SEBI-registered stock broker (Registration No. INZ000041822) and member of NSE, BSE, and MCX, providing brokerage services in Indian securities and commodities markets. Services include KYC registration, trading account opening, and client support for investors.

3Quadeye IFSC Trading Operations
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeOthers
Description

Member of NSE (Member ID: QE Securities LLP, INZ000041822). Provides trading access across equity, futures, and options segments on India's largest stock exchange.

2Bombay Stock Exchange (BSE)
Strategic tierCoreTypeOthers
Description

Member of BSE (Member ID: QE Securities LLP, INZ000041822). Provides trading access on India's oldest stock exchange.

quadeye.com
Strategic tierCoreTypeOthers
Description

Member of MCX. Enables commodities derivatives trading alongside equity products.

Strategic tierCoreTypeOthers
Description

Subsidiary Quadeye IFSC Private Limited is a member of NSE IFSC (Broker Dealer Code: 10066, IFSCA Registration: IFSC/BD/2022-23/0010) enabling international trading from GIFT City.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Jane Street is one of the world's largest quantitative proprietary trading firms, trading equities, ETFs, options, bonds, and crypto across global venues. Directly comparable as a global quant prop firm leveraging mathematical/statistical strategies with a multi-asset, multi-venue model like Quadeye.

TypeDirect peer
Description

Citadel Securities is a leading global market maker and quantitative trading firm providing liquidity across equities, options, and fixed income. Directly comparable as a quantitative prop trading firm competing in the same multi-venue, multi-asset algorithmic trading space as Quadeye.

TypeDirect peer
Description

Optiver is a Dutch-headquartered global proprietary trading firm with significant Asian operations (including offices in Singapore, Hong Kong, and Sydney) trading derivatives, equities, and fixed income. Highly comparable as a quant-driven, multi-asset prop trader with a similar geographic and asset class profile to Quadeye.

TypeDirect peer
Description

IMC is a global quantitative trading firm with offices in Amsterdam, Chicago, Sydney, Singapore, and Hong Kong. Direct comparable as a multi-asset, multi-venue prop trading firm applying algorithmic and mathematical strategies, with comparable geographic footprint.

TypeDirect peer
Description

Two Sigma operates systematic trading businesses across global equities, futures, and options markets using quantitative strategies. Direct peer as a science-driven prop trading firm deploying statistical and ML-based trading models on global exchanges similar to Quadeye's quantitative approach.

TypeDirect peer
Description

Tower Research Capital is a high-frequency quantitative trading firm operating across global markets in equities, futures, FX, and options. Direct peer as an algorithmic prop trading firm competing in similar time-sensitive, infrastructure-intensive quantitative strategies.

TypeDirect peer
Description

AlphaGrep is a New York-based proprietary trading firm with significant Indian operations (offices in Gurugram) using quantitative strategies across global markets. One of the closest Indian-market competitors to Quadeye, operating with similar talent pools, asset classes, and exchange memberships.

TypeDirect peer
Description

DRW is a diversified proprietary trading firm with global offices (including Singapore) trading multiple asset classes including equities, fixed income, commodities, and crypto. Comparable as a multi-strategy, multi-asset prop trading firm with a similar international presence and asset class diversification.

TypeDirect peer
Description

Akuna Capital is a US-based quantitative trading firm specializing in options market-making and electronic execution across global derivatives markets. Comparable as a math/programming-talent-driven prop firm trading derivatives and equities with sophisticated algorithmic infrastructure.

TypeDirect peer
Description

SIG is a global quantitative trading firm applying mathematical and computational methods across equities, options, futures, ETFs, and FX. Direct comparable as a long-standing, multi-asset quant trading firm with similar technology- and talent-centric operating model to Quadeye.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Quadeye

Proprietary Trading Servicesquadeye.com

Quadeye is a quantitative proprietary trading firm founded in 2007 in Gurugram, India, that develops algorithmic trading strategies across multiple asset classes and global exchanges. It also provides brokerage services to investors via its SEBI-registered subsidiary QE Securities LLP, with international operations from GIFT City, Singapore, New York, and Hong Kong.

What Quadeye does

Quadeye is a quantitative proprietary trading firm founded in 2007 and headquartered in Gurugram (Gurgaon), India. The firm develops and executes algorithmic trading strategies across multiple asset classes and global exchanges, leveraging mathematical and statistical modeling to identify, evaluate, and leverage trading and investment opportunities. It also provides liquidity to global financial markets, particularly during periods of market turbulence. Beyond proprietary trading, the firm operates a regulated brokerage business through its primary subsidiary QE Securities LLP (LLPIN AAM-7619), which is a SEBI-registered stock broker (INZ000041822) and member of India's NSE, BSE, and MCX exchanges, serving investors seeking access to Indian securities and commodities markets.

The firm's technology stack centers on proprietary algorithmic trading infrastructure described as 'highly optimized algorithms and robust design.' It operates a multi-entity corporate structure: QE Securities LLP handles domestic Indian brokerage, Quadeye IFSC Private Limited (CIN U67190GJ2022PTC132476, IFSCA registration IFSC/BD/2022-23/0010) handles international-facing operations from GIFT City, and affiliate entities in Singapore, Hong Kong (DAX QE Limited), and New York support cross-border trading activity. The firm employs 101–250 staff across six offices, with no public funding rounds, no parent company, and no disclosed external investors identified in the source material.

Quadeye's business model combines principal trading returns (from trading its own capital across global exchanges) with transaction-fee-based brokerage revenue. It is privately held with no public ticker and generates revenue primarily from proprietary trading PnL, supplemented by standard exchange and brokerage fees on the investor-facing side. Customer segmentation is horizontal, with the firm primarily serving retail and institutional investors through its broker entity while participating directly in markets across multiple global exchanges. No customer concentration, revenue figures, or pricing schedules are publicly disclosed.

Quadeye firmographics

Firmographics
Name
Quadeye
Legal name
QE Securities LLP
Website
https://quadeye.com
Company type
Private
Founded year
2007
Operating status
Operating
Headcount range
101–250 employees
Short description
Quadeye is a quantitative proprietary trading firm founded in 2007 in Gurugram, India, that develops algorithmic trading strategies across multiple asset classes and global exchanges. It also provides brokerage services to investors via its SEBI-registered subsidiary QE Securities LLP, with international operations from GIFT City, Singapore, New York, and Hong Kong.
Ownership category
akta.pro rank

Where Quadeye is headquartered

Location

Headquarters

HQ city
Gurugram
HQ country
India
HQ region
Asia

Offices6 records

Markets served

Quadeye business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Proprietary Trading: The firm trades its own capital across global exchanges and multiple asset classes using quantitative models, generating returns from price movements and market inefficiencies. As a registered broker (QE Securities LLP), it also provides brokerage services to investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Quadeye product offering

Product offering

Core offering

Quadeye is a quantitative proprietary trading firm that identifies, evaluates, analyzes, and leverages trading and investment opportunities globally using algorithmic and statistical models across multiple asset classes. The firm operates its own capital as a direct market participant on global exchanges, while also providing stock brokerage services to investors through its SEBI-registered broker entity QE Securities LLP and its IFSCA-registered subsidiary Quadeye IFSC Private Limited.

Product overview

Quadeye is India's leading quantitative proprietary trading firm operating a unified platform for algorithmic trading across multiple asset classes and global exchanges. The firm leverages mathematical and statistical modeling to develop and execute trading strategies. Operations are supported by two key subsidiaries: QE Securities LLP, a SEBI-registered broker dealer member of NSE, BSE, and MCX for Indian market operations; and Quadeye IFSC Private Limited, an IFSCA-registered entity for NSE IFSC operations in GIFT City. The company provides liquidity provision across global financial markets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Quantitative Proprietary Trading Algorithmic trading services across multiple asset classes and global exchanges, leveraging mathematical and statistical modeling to identify, evaluate, and leverage trading and investment opportunities. Trades the firm's own capital as a direct market participant on global exchanges and provides liquidity to markets.
  • QE Securities LLP Stock Brokerage SEBI-registered stock broker (Registration No. INZ000041822) and member of NSE, BSE, and MCX, providing brokerage services in Indian securities and commodities markets. Services include KYC registration, trading account opening, and client support for investors.
  • Quadeye IFSC Trading Operations

Companies that use Quadeye

Customer profile

Segments1 record

Ideal customer profiles1 record

Quadeye technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Quadeye partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

  • National Stock Exchange of India (NSE)coreOthersMember of NSE (Member ID: QE Securities LLP, INZ000041822). Provides trading access across equity, futures, and options segments on India's largest stock exchange.
  • Bombay Stock Exchange (BSE)coreOthersMember of BSE (Member ID: QE Securities LLP, INZ000041822). Provides trading access on India's oldest stock exchange.
  • Multi Commodity Exchange of India (MCX)coreOthersMember of MCX. Enables commodities derivatives trading alongside equity products.
  • NSE IFSC (International Financial Services Centre)coreOthersSubsidiary Quadeye IFSC Private Limited is a member of NSE IFSC (Broker Dealer Code: 10066, IFSCA Registration: IFSC/BD/2022-23/0010) enabling international trading from GIFT City.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Quadeye competitors and assessment

Company assessment

Direct peers

  • Jane Street: Jane Street is one of the world's largest quantitative proprietary trading firms, trading equities, ETFs, options, bonds, and crypto across global venues. Directly comparable as a global quant prop firm leveraging mathematical/statistical strategies with a multi-asset, multi-venue model like Quadeye.
  • Citadel Securities: Citadel Securities is a leading global market maker and quantitative trading firm providing liquidity across equities, options, and fixed income. Directly comparable as a quantitative prop trading firm competing in the same multi-venue, multi-asset algorithmic trading space as Quadeye.
  • Optiver: Optiver is a Dutch-headquartered global proprietary trading firm with significant Asian operations (including offices in Singapore, Hong Kong, and Sydney) trading derivatives, equities, and fixed income. Highly comparable as a quant-driven, multi-asset prop trader with a similar geographic and asset class profile to Quadeye.
  • IMC Financial Markets: IMC is a global quantitative trading firm with offices in Amsterdam, Chicago, Sydney, Singapore, and Hong Kong. Direct comparable as a multi-asset, multi-venue prop trading firm applying algorithmic and mathematical strategies, with comparable geographic footprint.
  • Two Sigma Securities: Two Sigma operates systematic trading businesses across global equities, futures, and options markets using quantitative strategies. Direct peer as a science-driven prop trading firm deploying statistical and ML-based trading models on global exchanges similar to Quadeye's quantitative approach.
  • Tower Research Capital: Tower Research Capital is a high-frequency quantitative trading firm operating across global markets in equities, futures, FX, and options. Direct peer as an algorithmic prop trading firm competing in similar time-sensitive, infrastructure-intensive quantitative strategies.
  • AlphaGrep: AlphaGrep is a New York-based proprietary trading firm with significant Indian operations (offices in Gurugram) using quantitative strategies across global markets. One of the closest Indian-market competitors to Quadeye, operating with similar talent pools, asset classes, and exchange memberships.
  • DRW Trading: DRW is a diversified proprietary trading firm with global offices (including Singapore) trading multiple asset classes including equities, fixed income, commodities, and crypto. Comparable as a multi-strategy, multi-asset prop trading firm with a similar international presence and asset class diversification.
  • Akuna Capital: Akuna Capital is a US-based quantitative trading firm specializing in options market-making and electronic execution across global derivatives markets. Comparable as a math/programming-talent-driven prop firm trading derivatives and equities with sophisticated algorithmic infrastructure.
  • Susquehanna International Group (SIG): SIG is a global quantitative trading firm applying mathematical and computational methods across equities, options, futures, ETFs, and FX. Direct comparable as a long-standing, multi-asset quant trading firm with similar technology- and talent-centric operating model to Quadeye.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Quadeye social profiles

Digital presence

Quadeye compliance and trust

Trust signal

Compliance4 records

Quadeye financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Quadeye leadership team

Management profile

Number of profiles

Profiles4 records

Quadeye subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Quadeye funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Quadeye M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quadeye

What does Quadeye do?

Quadeye is a quantitative proprietary trading firm that identifies, evaluates, analyzes, and leverages trading and investment opportunities globally using algorithmic and statistical models across multiple asset classes. The firm operates its own capital as a direct market participant on global exchanges, while also providing stock brokerage services to investors through its SEBI-registered broker entity QE Securities LLP and its IFSCA-registered subsidiary Quadeye IFSC Private Limited.

Is Quadeye a public or private company?

Quadeye is a private company. It is classified as unknown and is currently operating.

When was Quadeye founded?

Quadeye was founded in 2007. It employs 101 to 250 people.

Where is Quadeye based?

Quadeye is headquartered in Gurugram, India, in the Asia region.

How does Quadeye make money?

One revenue line is on record: proprietary Trading.

Who are Quadeye's main competitors?

Direct peers on record are Jane Street, Citadel Securities, Optiver, IMC Financial Markets, Two Sigma Securities, Tower Research Capital, AlphaGrep, DRW Trading, Akuna Capital and Susquehanna International Group (SIG).

Does Quadeye have an API?

No public API is recorded for Quadeye.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Business StandardHigh-frequency trading firms paying interns about ₹30 lakh a monthIndian high-frequency trading firms are offering interns up to ₹30 lakh per month, with Quadeye paying ₹60 lakh for a two-month stint, a fourfold rise from a year earlier. Graviton Research Capital, IMC Trading BV and Optiver are also raising packages to roughly ₹50 lakh and ₹60 lakh respectively. The surge reflects tighter RBI rules on derivatives and a shortage of quantitative engineering talent.Business Todayभारत में इंटर्न्स की बल्ले बल्ले, HFT कंपनियां दे रहीं 2 महीने के लिए 60 लाख रुपये तक का पैकेजIndian high-frequency trading firms are offering interns record packages, with Bloomberg reporting payments of up to 60 lakh rupees for two-month internships. Quadeye pays about 30 lakh rupees monthly, roughly four times last year, while Graviton Research Capital offers up to 50 lakh rupees. The rise follows tighter RBI rules on derivatives and a 3% drop in proprietary trading firms' gross profit over 12 months.MintForget unpaid internships: This company is paying interns ₹30 lakh a month. Here's whyA Bloomberg report details how high-frequency trading firms in India are paying interns up to ₹60 lakh for a two-month summer stint, with Quadeye offering ₹30 lakh monthly. Optiver pays ₹60 lakh, Graviton Research Capital ₹50 lakh, and IMC Trading BV doubled its package to ₹50 lakh. The firms cite tighter RBI derivatives rules, lower NSE futures and options turnover, and a shortage of junior quantitative talent.The Times of IndiaRs 30 lakh a month for an intern? India’s high-speed trading firms are in a fierce talent warIndian high-frequency trading firms are offering record internship pay to compete for quantitative engineers, with Gurgaon-based Quadeye paying about Rs 3 million a month and Graviton Research Capital roughly Rs 5 million for two months. Global firms including IMC Trading and Optiver are also raising offers. The push follows tighter derivatives regulation and a 17-month low in NSE futures and options turnover.BloombergIndia HFTs Pay Interns Record $31,000 a Month to Attract Quantitative Talent - BloombergGurgaon-based high-frequency trading firm Quadeye is paying interns 3 million rupees ($31,346) per month, or 6 million rupees for a two-month stint, according to people familiar with the matter. That is a fourfold increase from a year earlier, as firms seek an edge amid tighter derivatives regulation and a shortage of AI-linked stocks.Business TodayA two month internship worth ₹67 lakh? Viral IIT job post has the internet asking if the offer is too good to be trueA viral internship listing claiming to offer ₹67 lakh for a two-month quant trading role at an IIT has sparked widespread debate, with users linking it to Gurgaon-based quantitative trading firm Quadeye. While Quadeye has not confirmed the ₹67 lakh figure, their careers page lists a minimum ₹93 LPA full-time package upon conversion, and Bloomberg reports indicate HFT firms significantly raised intern and entry-level pay in 2025 to compete for top IIT talent. The post has reignited discussions about the growing pay gap between conventional software careers and quantitative finance roles.Business News TodayGurgaon firm seeks IIT intern, gross CTC is Rs 67 lakh for 2 months. Hiring post sparks debateGurgaon-based quantitative trading firm Quadeye posted a hiring notice seeking an IIT intern for two months with a gross CTC of Rs 67 lakh, generating online debate. The company's own careers page also lists a quant strategist intern position offering a minimum full-time CTC of Rs 93 LPA with no upper cap upon conversion, though it does not specify the internship stipend. The unusually high compensation figures have drawn attention in professional and social media circles.MintMint Explainer | IIT job offers get creative, but can bonuses and clawbacks hold talent?Companies are increasingly incorporating deferred pay, joining bonuses, and clawback clauses into compensation packages for IIT graduates to combat high talent attrition. Firms such as Quadeye, Texas Instruments, and TVS Motor are using these financial mechanisms to lock in employees for specified periods, particularly targeting skills in machine learning and AI. Despite these incentives, recruiters acknowledge that retention may ultimately depend more on the nature of the work and global collaboration opportunities than on the monetary stakes involved.The Times of IndiaInterns are being offered Rs 12 lakh a month by high-speed trading firms in India - The Economic TimesHigh-speed trading firms in India, including IMC Trading and Quadeye, are offering record-high monthly stipends to interns—up to Rs 12.5 lakh and Rs 750,000 respectively—despite a regulatory crackdown by SEBI that has reduced equity derivatives trading by over 40% from its peak. The surge in entry-level pay reflects intense competition for algorithmic trading talent from top engineering schools, as firms seek to capture profits from a market where algorithmic traders generated $7 billion in gross profits in the year to March 2024. Major global players including Citadel Securities and Tower Research are expanding their India operations, with Citadel hiring additional staff and both firms acquiring minority stakes in the National Commodity & Derivatives Exchange.