Five Rings quant salary and jobs
A small New York prop firm that matches the top of the market: $300,000 base for campus traders and developers.
Quant roles at Five Rings
Five Rings is a proprietary trading firm in New York with a small headcount and a campus program that pays like the largest firms. It hires quantitative traders, software developers and PhD researchers, and its interview process is known for games and probability rather than finance.
Five Rings’ board showed 19 postings on Nov 11, 2026, 12 of them quant, research or engineering roles, all in New York.
Five Rings quant salary
Base: “Annual Base Salary: $300,000” on Campus Full Time 2027 – Quantitative Trader and Campus Full Time 2027 – Software Developer, read from Five Rings’ board on Nov 11, 2026; the experienced Quantitative Researcher listing posts the same. Summer 2027 interns in trading, software development and PhD research are posted at $300,000 annualized, with a sign-on bonus and corporate housing. Total compensation is base plus a discretionary bonus.
Five Rings pay by track
| Track | Role title | New-grad base | Summer 2027 internship | Experienced base | Open now |
|---|---|---|---|---|---|
| Quant trader | Quantitative Trader | $300k | $300k annualized | Not posted | Yes |
| Quant researcher | Quantitative Researcher | Not posted | $300k annualized (PhD) | $300k | Yes |
| Quant developer | Software Developer | $300k | $300k annualized | Not posted | Yes |
Posted base pay, except figures marked “package”, which are the firm’s estimated annual compensation package. Bonuses, sign-on payments and housing are extra to base pay.
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How Five Rings scores
Index score: 79/100. How we rank →
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