Firm salaryUpdated 28 September 20264 min read

Da Vinci Derivatives salary

What Da Vinci pays graduate traders, risk analysts and experienced quants, in Amsterdam and its other offices, and how its pay compares.

Figures from firms’ own job ads, the accounts firms file and recruiter pay surveys, each checked against its source. Pay that employees report and our estimates are labelled. How we source the figures

Da Vinci traders looking at screens

Graduate trader base

€100,000

Amsterdam, plus a €20,000 sign-on bonus

Experienced quant, total

$500,000 or more

Expected total pay, the firm’s own figure

Trading risk analyst base

€75,000 to €85,000

Graduate, Amsterdam

Amsterdam quant trader, first year

Estimate

About €150,000 to €300,000

Base plus bonus at every firm, for comparison

Da Vinci is a proprietary trading firm founded in Amsterdam in 2015. It is a market maker in digital assets and traditional financial instruments, runs its own trading system built in-house in 2020, and has since opened offices in Miami, Hong Kong and Mumbai.

It is also the clearest benchmark for trading pay in the Netherlands. Da Vinci states a €100,000 base for graduate traders in Amsterdam, and it is one of very few firms that puts a figure for total pay in its ads. IMC and Flow Traders leave pay out of their Amsterdam ads altogether.

How much does Da Vinci pay graduates?

A graduate trader in Amsterdam starts on a €100,000 base with a €20,000 sign-on bonus, plus variable pay that the ad does not quantify. A graduate trading risk analyst starts on €75,000 to €85,000.

The graduate base has risen quickly. Da Vinci’s 2024 ad for a graduate quant trader stated €80,000 with the same €20,000 sign-on, so the base has gone up by a quarter in two years while the sign-on stayed the same.

The package is the same outside the Netherlands. Da Vinci’s graduate quant ad in Hong Kong states it in euros: a €100,000 base and a €20,000 sign-on bonus, with a relocation package for hires moving from abroad.

What does the first year pay in total?

At least €120,000, the base and the sign-on together, before any variable pay. Da Vinci does not state the first bonus.

Across every firm in Amsterdam, our estimate for a first-year quant trader is €150,000 to €300,000 with the bonus. That estimate starts from a €100,000 base, the same as Da Vinci’s graduate offer.

How much can an experienced quant earn?

Da Vinci expects an experienced quant to earn $500,000 or more a year in total, performance bonuses included. That is the firm’s own figure, from its ad for Amsterdam, where the base is €100,000. It is rare for a trading firm to put a total in an ad.

The base does not grow with experience. Da Vinci’s ad for a trader with 3 to 6 years of experience in Amsterdam also states €100,000, the same as its graduate ad, so almost everything an experienced hire earns above a graduate is bonus.

Its experienced quant ads for Miami, Hong Kong and Mumbai state a local base and the same expected total. Across the Amsterdam market, our estimate for a quant trader with 4 to 6 years of experience is €270,000 to €655,000.

Experienced Quant ads by office, checked 24 September 2026

OfficeBase salaryExpected total pay
Amsterdam€100,000$500,000 or more
Miami$140,000$500,000 or more
Hong KongHK$1,000,000$500,000 or more
Mumbai₹8,500,000 (85 lakh)$500,000 or more

Each base is in the currency the ad states. Every ad states expected total pay in US dollars.

How much do Da Vinci interns earn?

Da Vinci does not put a figure on intern pay. Its Amsterdam quant trading internship offers "competitive compensation" and covers flights and accommodation in Amsterdam. The internship page compares the firms that do state a rate.

How does Da Vinci compare with other Amsterdam firms?

On what is published, Da Vinci pays graduates at the top of the local base range. Recruiters put the base for a mid-level quant in Amsterdam at €85,000 to €120,000, so a Da Vinci graduate starts inside the band of someone with several years behind them.

A direct comparison with IMC and Flow Traders is hard, because neither states pay in its Amsterdam ads. Flow Traders, a listed company, publishes an average instead: €224,200 per employee in 2025, bonus included, across every office and role.

How do you get a Da Vinci offer?

Da Vinci hires traders who calculate fast and understand volatility. The process opens with a timed numerical quiz online. The first interview mixes motivation questions with unannounced mental maths, a brainteaser and a simple market-making game.

The technical round asks you to make a market on something you know well, quoting several confidence intervals within a spread limit. The final round is usually in Amsterdam, with the founders and the Head of Research. Volatility trading comes up at every stage, so learn it properly before you apply.

The interview guide covers each round in detail. The practice page has the numerical quiz in Da Vinci’s format and the market-making games, under time.

What does Da Vinci not publish?

The size of the bonus. Da Vinci states a base, a sign-on and an expected total for experienced quants, but not the variable pay of a graduate, whether the first bonus is guaranteed, or what interns earn.

Questions

How much does a Da Vinci graduate trader earn?
A €100,000 base and a €20,000 sign-on bonus in Amsterdam, plus variable pay. With the bonus, our estimate for a first-year quant trader in Amsterdam is €150,000 to €300,000 across every firm.
How much does an experienced quant earn at Da Vinci?
Da Vinci expects $500,000 or more a year in total, in its own ads. The base is €100,000 in Amsterdam, $140,000 in Miami and HK$1,000,000 in Hong Kong. The rest is bonus.
Does Da Vinci pay a sign-on bonus?
Yes. Graduate traders in Amsterdam and graduate quants in Hong Kong get €20,000 with a €100,000 base. Its 2024 graduate ad offered the same €20,000 with an €80,000 base.
How does Da Vinci pay compare with other Amsterdam firms?
Its €100,000 graduate base sits near the top of the €85,000 to €120,000 that recruiters give for a mid-level quant in Amsterdam. IMC and Flow Traders state no Amsterdam pay; Flow Traders averaged €224,200 per employee in 2025, across all roles and offices.