Waterfront International Ltd

Waterfront International publishes almost nothing. The Toronto firm develops computer-based statistical trading strategies and keeps its history, methods, and even basic facts off the public record, hiring only against exceptional academic and professional track records.

Its reach shows up in where its people go next. Alumni have moved on to Stevens Capital Management, Cubist Systematic Strategies, Voloridge, and the Ontario Teachers' Pension Plan, the kind of destinations that suggest the shop punches above its visible scale as a talent incubator. The trading work runs on a C and C++ stack.