Another D.E. Shaw hardware specialist defects to Hudson River Trading
Last month, high-frequency trading firm Hudson River Trading hired Timothy Correira, a hardware research engineer who spent the last decade at quant hedge fund D.E. Shaw. Now it's back for more.
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Roy Mader has also joined Hudson River Trading as a physical design engineer for application-specific integrated circuits (ASICs). These are silicone semiconductor devices, and are an alternative piece of low-latency trading hardware to field programmable gate arrays (FPGAs). Correira is also working on ASIC development for the HFT, but is based in Miami while Mader is based in Boulder, Colorado.
At D.E. Shaw, Mader was a member of technical staff in its research arm, well-known for building biotechnology supercomputer Anton 3. Both he and Correira are credited as authors on a paper using the computer to perform atomic-level molecule simulation.
Mader also previously worked at semiconductor manufacturing firm Marvell Technology, which makes custom ASICs with 3nm (three nanometre) modules, These are the most powerful version of the hardware widely available, although 2nm modules are expected to be mass-produced as early as this year.
On jobs forum Blind, a Hudson River Trading employee implied those chips are already in use by the firm, saying that "3nm ASIC chips are fire." D.E. Shaw's Anton 3 was built with a custom 7nm ASIC according to Correira.
Hudson River Trading did not respond to a request for comment.
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