Nikhil Khandelwal
Algorithmic Trading
New York,NY
Overview
10
10
years of professional experience
6
6
years of post-secondary education
Summary
Algo trading and quant professional with 8+ years of experience in rates markets. Track record of building high-performance pricing and execution systems while driving consistency and best practices across teams. Combines deep technical ownership—spanning algo design, low-latency infrastructure, and cross-asset analytics—with a focus on enabling others and scaling impact beyond individual contribution. Committed to driving innovation and team success through AI-assisted development and robust quantitative models.
Work History
Director, Global Rates Trading (Algos)
RBC Capital Markets
New York, NY
07.2022 - Current
- Recognized with 2025 RBC Performance Conference Award (1 of 5 recipients across US Global Markets) for sustained impact across algo pricing, infrastructure, and team enablement initiatives.
- Lead: USD Swaps algo development; currently building out EUR Swaps algo end-to-end as sole owner. Low-GC, high-performance Java.
- Owned the design and delivery of auto-quoting for swap-lists and compressions, building self-adjusting bid-offer and skew models that reduced manual intervention on complex USD Swap RFQs. 60% of all lists are currently auto-quoted. (Java, q/KDB+)
- Redesigned UST OFR pricing engine to dynamically adjust bid-offer spread based on real-time market conditions, allowing us to be competitive in volatile environments. (Java)
- Architected a cross-asset analytics platform with reusable components, now adopted across multiple desks for trade analysis, client toxicity measures, and pricing research. (python, q/KDB+)
- Key contributor to team-wide AI-assisted development (Claude Code) standards—helped define best practices and create shared infrastructure that enables consistency and ease-of-use.
Vice President, Automated Trading Systems
J.P. Morgan Chase & Co.
New York, NY
02.2017 - Current
- Team Lead: $ Interest Rate Swaps ATS (team of 3)
- Collaborate with electronic risk managers and technology to deliver best-in-class pricing and hedging infrastructure (C++/Java)
- Built a unified bid/offer calculation framework to uniformly charge for any given risk structure in the Rates space (Java)
- Built RV strategies in the UST space (used in production) based on stable market relationships; built a simulator to test the same (python)
- Designed and implemented a comprehensive PNL Attribution and Client Toxicity framework; drives business decisions like client-tiering, hedging aggressiveness, etc. (python, q/kdb+)
Quant Internship
Millennium Partners
New York, NY
09.2016 - 12.2016
- Worked directly with the Treasurer on optimizing selection of prime brokerages for various equity wants and short locates
- Used Gurobi optimization package to model non-linearities with piecewise linear for reducing solver time (python)
Senior Quantitative Researcher
WorldQuant
New York, NY
07.2013 - 08.2015
- Developed dollar-neutral daily re-balancing trading strategies on US equities (C++)
- Surveyed financial literature to seek out alpha sources; aggregated these signals into robust predictive models
- Incorporated statistical analysis using interesting datasets including news, social-media, short-interest data, fundamental actuals, analyst forecasts
Education
Master of Science - Financial Engineering
Columbia University
New York, NY 09.2015 - 12.2016
B. Tech - Electrical Engineering
Indian Institute of Technology Bombay
Mumbai, India 07.2009 - 05.2013
Skills
Python
C/C
Java
Bash/Zsh
Q/Kdb
Sql
Analytical and Critical Thinking
Machine Learning
Deep Learning
Accomplishments
- Gold Medalist in the Indian National Chemistry Olympiad
- Ranked 24 out of 1.1 million applicants in the All India Engineering Entrance Examination
- 99.96th Percentile Score in CAT-2015 (Indian analogous of GMAT)
Timeline
Director, Global Rates Trading (Algos)
RBC Capital Markets
07.2022 - Current
Vice President, Automated Trading Systems
J.P. Morgan Chase & Co.
02.2017 - Current
Quant Internship
Millennium Partners
09.2016 - 12.2016
Master of Science - Financial Engineering
Columbia University
09.2015 - 12.2016
Senior Quantitative Researcher
WorldQuant
07.2013 - 08.2015
B. Tech - Electrical Engineering
Indian Institute of Technology Bombay
07.2009 - 05.2013