Intelligence

THE QUANTS RUN WALL STREET NOW

Alexey Poyarkov, a former gold-medal winner of the International Mathematical Olympiad for high-school students, spent most of his early career honing algorithms ?
ALGORITHM
Set of rules that can parse data and automatically decide what to buy and sell. at technology companies such as Microsoft Corp. , where he helped make the Bing search engine smarter at ferreting out pornography.

Last year, a bidding war for Mr. Poyarkov broke out among hedge-fund heavyweights Renaissance Technologies LLC, Citadel LLC and TGS Management Co. When it was over, he went to work at TGS in Irvine, Calif., and could earn as much as $700,000 in his first year, say people familiar with the contract.

Source: Wall Street Journal

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