What sets Teza Technologies apart
Teza was founded in 2009 by Misha Malyshev, who holds a Princeton PhD in astrophysics and had run Citadel's global high-frequency trading unit, a group that made $1 billion in 2008, before starting his own firm.
In 2017 Teza sold its original HFT business to Quantlab Financial for between $20 million and $30 million, kept the trading infrastructure and data, and rebuilt around global futures, equity statistical arbitrage, and options as a multi-strategy platform rather than pure speed-based trading. The firm hires out of three offices, Austin, London, and Yerevan, Armenia; it describes the Yerevan expansion as reflecting "integrity, depth of talent, and long-term thinking," and publishes an explicit hiring formula, "Success = step(IQ) × step(IT) × step(HR) × exp(Drive)," weighting technical ability and drive alongside communication skills. For an early-career applicant this reads as a small, founder-led, technically concentrated shop rather than a large graduate-scheme employer, one worth prioritising if your background matches the quantitative bar the formula implies rather than adding to a list for volume.