John Lothian held a discussion with Christian Hauff and Robert Almgren, founders of Quantitative Brokers, about the history, development and future of the firm. This podcast discussion includes stories about how the firm started, the problems it was trying to solve, the technology it uses and anecdotes about use cases from customers. John asked them about what licenses they needed to conduct the business. They were in a unique class at Eurex. In the U.S. they are registered as an Independent Introducing Broker.
The podcast discusses the first customers, whom QB calls "legends." The first trade using QB was in Eurodollars, a 45 lot, which earned the firm $22.50. In the interview, Hauff and Almgren talk about the first algos they offered and their subsequent offerings.
The podcast also discusses the evolution of the CEO role, the addition of Tom Ascher as executive chairman, what synergies new majority owner Deutsche Boerse brings to the company, and what the future holds for QB. Lastly, Hauff and Almgren were asked about the best swag the company has ever given away.
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