#32 Annanay (Flow Traders, Tower Research, YC) | Quant Trading, HFT
Sun Nov 02 2025
👇Annanay👇
► Twitter: https://x.com/a_kapila_
► QFEX: https://x.com/TradeQFEX
🧑🏫Columbia & Wall Street Prep AI Certificate Program🧑🏫
► Use code RARELIQUID for up to $500 OFF
► https://secure.enroll.columbia.wallstreetprep.com/referral/VsWSdAX1/s2yqD1GUkwps4u5h
🚀My 1-1 Banking Mentorship Program🚀
► Work with me to secure an investment banking offer: https://bankingaccelerator.com/
⏱Timestamps⏱
00:00:00 – Introduction & Guest Welcome
00:01:40 – Annanay's Background & Cambridge
00:04:09 – Preparing for HFT Interviews
00:05:33 – Brain Teaser Resources & Pressure
00:06:27 – Competitiveness in Trading Internships
00:07:46 – Value Creation in HFT
00:10:50 – Day in the Life of a Quant Trader
00:13:55 – Systematic vs. Tactical Work
00:15:20 – Best/Worst Trades (Crypto Examples)
00:18:30 – Risk Controls & Volatility
00:21:09 – Retail Investing Advice
00:23:10 – Personal Investing Strategies
00:24:20 – Tools & Dashboards for Trading
00:27:20 – Building Statistical Models
00:30:13 – Required Skills (Coding, Stats)
00:32:57 – Handling Black Swan Events
00:36:28 – Trading Glitches & Blowups
00:39:00 – Deploying New Strategies
00:41:48 – Sources of Edge in HFT
00:44:36 – HFT vs. Fundamental Investing
00:47:47 – AI's Role in Trading & Finance
00:51:34 – Compensation Structure
00:56:58 – Leaving Trading for QFEX
00:59:30 – Y Combinator Application Process
01:02:06 – What is QFEX? (24/7 Exchange)
01:06:41 – 24/7 Trading Mechanics
01:07:02 – Trading vs. Entrepreneurship
01:09:06 – Lessons from Trading for Startups
01:13:09 – Fundraising Tips
01:15:07 – VC Priorities at Seed Stage
01:19:25 – 5-10 Year Vision for QFEX
01:22:07 – Closing & Outro
📱Interact With Me📱
► Instagram: https://www.instagram.com/rareliquid
► TikTok: https://www.tiktok.com/@rareliquid
► LinkedIn: https://www.linkedin.com/in/ben-chon-8b0ba34a/
► Business Inquiries: ben@rareliquid.com
More
👇Annanay👇 ► Twitter: https://x.com/a_kapila_ ► QFEX: https://x.com/TradeQFEX 🧑🏫Columbia & Wall Street Prep AI Certificate Program🧑🏫 ► Use code RARELIQUID for up to $500 OFF ► https://secure.enroll.columbia.wallstreetprep.com/referral/VsWSdAX1/s2yqD1GUkwps4u5h 🚀My 1-1 Banking Mentorship Program🚀 ► Work with me to secure an investment banking offer: https://bankingaccelerator.com/ ⏱Timestamps⏱ 00:00:00 – Introduction & Guest Welcome 00:01:40 – Annanay's Background & Cambridge 00:04:09 – Preparing for HFT Interviews 00:05:33 – Brain Teaser Resources & Pressure 00:06:27 – Competitiveness in Trading Internships 00:07:46 – Value Creation in HFT 00:10:50 – Day in the Life of a Quant Trader 00:13:55 – Systematic vs. Tactical Work 00:15:20 – Best/Worst Trades (Crypto Examples) 00:18:30 – Risk Controls & Volatility 00:21:09 – Retail Investing Advice 00:23:10 – Personal Investing Strategies 00:24:20 – Tools & Dashboards for Trading 00:27:20 – Building Statistical Models 00:30:13 – Required Skills (Coding, Stats) 00:32:57 – Handling Black Swan Events 00:36:28 – Trading Glitches & Blowups 00:39:00 – Deploying New Strategies 00:41:48 – Sources of Edge in HFT 00:44:36 – HFT vs. Fundamental Investing 00:47:47 – AI's Role in Trading & Finance 00:51:34 – Compensation Structure 00:56:58 – Leaving Trading for QFEX 00:59:30 – Y Combinator Application Process 01:02:06 – What is QFEX? (24/7 Exchange) 01:06:41 – 24/7 Trading Mechanics 01:07:02 – Trading vs. Entrepreneurship 01:09:06 – Lessons from Trading for Startups 01:13:09 – Fundraising Tips 01:15:07 – VC Priorities at Seed Stage 01:19:25 – 5-10 Year Vision for QFEX 01:22:07 – Closing & Outro 📱Interact With Me📱 ► Instagram: https://www.instagram.com/rareliquid ► TikTok: https://www.tiktok.com/@rareliquid ► LinkedIn: https://www.linkedin.com/in/ben-chon-8b0ba34a/ ► Business Inquiries: ben@rareliquid.com