Purvesh Jain

Experience

• 

  PICT IEEE Student Branch (PISB)

  Jul 2019 - Nov 2019

  Head of Wallstreet Development Team

  • Spearheaded the college’s stock trading competition successfully after 6 years of failure• Implemented the order matching algorithm used by major financial markets in world• Optimized the algorithm to facilitate quick order execution and lower response times• Organized, managed & handled logistics of the event with 1000+ footfall, highest in city• Collaborated with a leading Trading firm to organize introductory Quant Trading session

• 

  Quantify Capital

  Dec 2019 - Feb 2020

  Quant Research Analyst

  • Designed quantitative trading algorithms and back tested them on various time frames• Analyzed financial data sets of equity and derivatives to identify trading opportunities• Implemented various strategies to maximize the alpha and reduce overall risk exposure• Developed automated Telegram bot to get instant alerts of companies from NSE website

• 

  CME Group

  Aug 2021 - Jun 2023

  Clearing Solutions Analyst

  • Designed and developed a comprehensive Python tool to effectively automate the daily analysis of margin variances between SPAN and SPAN2 methodologies for over 6000 portfolios.• Supported the market research, planning, and testing of LatAm Inflation Swaps for Brazil and Chile markets.• Built a web-based CFD Hedging Calculator to generate a hedged futures portfolio for a basket of asset classes.• Planned and automated regular reporting and analysis processes with Python, reduced reporting time by 75%. Show less

• 

  Cornell Johnson Graduate School of Management

  Aug 2023 - now

  Graduate Research Assistant

  • Assisting with ideating and backtesting sentiment-based trading strategies post announcements for Indian markets