PARANJAY SHARMA
+91 9589265871 bparanjay.sharma2004@gmail.com

Profile Summary

I'm in my final year of BCA (part of a 5-year MCA at IIPS, DAVV).

Recently, ranked 1st at iRage AlgoArena and top 1.5% at Wunder Predictorium by Wunder HFT globally this year. Completed a three-month internship at Walford Capital as a Quant Intern and currently working as a Research Consultant at WorldQuant. Lately picking up Rust.

Now aiming to build professional-grade low-latency models using C++ and deepen understanding of statistics, stochastic processes, and market microstructure.

Snapshot

  • Winner at iRage AlgoArena 2026, awarded a cash prize of Rs 200k)
  • Interned at Walford Capital (Quant)
  • Research Consultant at WorldQuant

Professional Experience

Hands-on exposure to pricing models, alpha generation, and research workflows.

Research Consultant — WorldQuant

Apr 2025 – Present · Remote
  • Conduct alpha research and feature engineering across multiple datasets.
  • Optimize datasets and pipelines using ML and APIs for automation.
Alpha Research

Quant Intern — Walford Capital

Mar 2025 – Jun 2025
  • Being a part of the quant team at the startup, having its origin from IIT Madras, Built pricing models using Kalman-based state-space models, Monte Carlo methods, and Black–Scholes.
  • Developed a meta-model pipeline integrating: causal inference, XGBoost, PCA, K-Means, PPO RL for portfolio optimization, volatility-based backtester, and sentiment analysis (crewAI).
  • Assisted in model testing, strategy optimization, and dataset management.
  • Offered a role (cash or equity), but chose to focus on deepening statistical and analytical foundations.
Kalman Filters State-Space Models XGBoost PPO RL Volatility Backtesting

Competitions & Hackathons

iRage AlgoArena

Short Horizon Return Prediction · Mar 2026 – Apr 2026
  • Ranked 1st / 800+ national candidates shortlisted (Rs. 2,00,000 Prize).
  • Developed a ML regression model to forecast short-horizon returns.
  • View Submission on GitHub: iRage Algo Arena
1st Place Winner

Wunder Predictorium Challenge

Wunder Fund HFT · Dec 2025 – Mar 2026
  • Ranked 74th / 4,900+ global participants (Top 1.5%).
  • Engineered predictive ML models to forecast multiple variables across varying horizons using anonymized LOB data.

Quant-Insider-Market-Making-Challenge

IIT(ISM) Dhanbad · Dec 2025
  • Executed Live Market Making Strategy based on Avellaneda–Stoikov equations
  • Used 5-level orderbook depth data for finding mispricing at microstructure level and placing trades accordingly
  • Used Nubra Python SDK for fetching realtime websocket data (especially 20-level orderbook depth data), made a simulator similiarly like the exchange matching system
  • Executed the strategy on all the options of Nifty (in total 440 options) in realtime simultaneously on real world data
  • Codebase: GitHub Repository Link
  • Certificate Link: Link

IMC Prosperity 3

Algorithmic Trading Competition · Apr 2025
  • Ranked: UK = 45 · Algo Trading = 288 · Global = 477 / 12,620 teams.
  • Designed and executed algorithmic trading strategies under competition constraints.
  • Code: ALGORITHMS AND CODES

DC Hackathon

Developer Club · Aug 2025 · 3rd Place
  • Built a multi-layer neural network from scratch, implementing forward and backward propagation algorithms using pure Python and NumPy.
  • Got selected as a member of Developer Club at my College
  • Developed perceptron-based logic gate classifiers.
  • Code: Hackathon Project Link
Neural Net From Scratch

Education

Masters of Computer Applications (MCA)

International Institute of Professional Studies, Devi Ahilya Vishwavidyalaya · Expected 2028
  • Admitted through CUET UG entrance; ranked in top 500 from 60k+ candidates (home state).
  • Full Tuition Scholarship: Mukhya Mantri Medhavi Vidyarthi Yojana.
  • Relevant Coursework: Data Structures & Algorithms, Probability and Hypothesis Testing, System Programming and Design, Data Science, Cloud Computing
Scholarship Recipient

High School

The Emerald Heights International School, Indore & SHPS
  • 10th Class: 93% (The Emerald Heights International School, Indore) (2021).
  • 12th Class: 82% (SHPS) (2023) (Physics, Chemistry, Mathematics).

Projects

Cash Future Arbitrage (ZeroMQ Microservices)

Present
  • Building a full-stack decoupled ZeroMQ microservices architecture for Nifty 50 basis arbitrage, currently improving the achieved 0.25ms median paper-execution latency.
  • Integrating live statistical inference and ONNX-compiled ML risk engines for real-time signal verification.
  • Stack: Python, ZeroMQ, Redis, MLflow, ONNX, FastAPI, React.
  • View Project on GitHub
ZeroMQ ONNX Microservices Python

Crypto Statistical Arbitrage Bot (Decoupled Architecture)

Dec 2024 – Feb 2025
  • Research: Pipeline discovering multivariate cointegrated pairs via PCA, clustering, graphs, and RL (PPO); tracking copula/band strategies. View Research
  • Execution: ByBit mean-reversion prototype with live liquidity checks, Kill-switch, and Kelly-Criterion position sizing. View Code
  • Stack: Python, PyTorch, Stable-Baselines3, NetworkX, Sklearn, Statsmodels.
  • Currently undergoing live testing to validate performance and robustness.
Stat Arb Pairs Trading Time Series RL (PPO)

Predicted Asset List Generator (Prototype)

  • Data & Features: historical data from yfinance and a suite of technical indicators from the ta library.
  • Target Generation: binary targets (easily toggle between “buy” and “sell” signals).
  • Modeling: XGBoost classifier, stress testing via Heston model, leveraging Pearson correlation.
  • Sentiment Analysis: insights from LLM, Crew AI, using web-scraped data.
  • Tearsheet Report: Hedge fund grade backtest report using quantstats lumi library.
ML Volatility Targetting Stress testing LLM (CrewAI)

Live Correlation Visualizer

  • connects to MetaTrader 5 user account
  • fetches live data for two specified tickers over the last 60 days
  • computes a rolling correlation to show percentages from -100 to 100
  • displays an interactive Plotly chart
Pearson, Spearman Statistics Python

Cointegrated Pairs Finder

  • Tool to identify cointegrated pairs for pairs trading strategies.
  • Uses statistical tests and time-series diagnostics to screen candidate assets.
Cointegration Python Clustering Hypothesis Testing

Certificates & Courses

Master Financial Econometrics for Time Series Analysis

Udemy · Issued Sep 2025 · Certificate Link
  • Probability, Central Moments
  • Bivariate Normal Density, Copulas
  • MLE, ARMA, GARCH
  • ACF, PACF, Gauss-Markov Assumption
  • Stochastic Processes
  • Multivariate analysis & Non-parametric Methods

Machine Learning in Financial Markets

Udemy · Issued Nov 2024 · Certificate Link
  • Machine Learning, Deep Reinforcement Learning
  • Python, Markov Chain and Regime Shifting Models
  • Backtesting

Akuna Capital Options 101

Akuna Capital · Issued Jan 2025
  • Fundamental concepts of options trading
  • Payoff diagrams, volatility
  • Greeks (Delta, theta, gamma, vega, rho)

Applications of AI for Anomaly Detection

NVIDIA Deep Learning Institute · Certificate Link
  • Core concepts and applications of AI for Anomaly Detection

Technical & Analytical Skills

Stats, Maths & ML

  • Statistical & causal inference
  • Joint distributions, Conditional Expectations, Bayesian Statistics, Multivariate and Multinomial Distributions
  • Copulas, Parametric and Non-Parametric Statistical Analysis
  • Time Series Analysis & Hypothesis Testing
  • Kalman Filters & State-Space Models
  • Stochastic Calculus and Processes
  • Unsupervised (Clustering, PCA) & Supervised (Random Forest, XGBoost, LightGBM, CatBoost)
  • Reinforcement & Deep Learning (PPO)
  • Convergence and Divergences in Probability and distributions, ANOVA analysis

Programming & Tech Stack

  • Python - NumPy, pandas, scikit-learn, scipy, sklearn
  • C++ - low-latency models, data structures and algorithm (array, stack, queue, trees, graphs), competitive programming
  • Rust
  • Linux - Basic Commands, memory allocation, Kernel Optimization
  • System Design - Kafka
  • Tools - Git & GitHub

Contact

Open to internships, quant roles, research collaborations, and hackathons.

Collaboration Interests

  • Statistical, option, latency and other type of arbitrage strategies
  • Low-latency infra and C++ model deployment
  • Backtesting, stress testing & risk modeling
  • ML Ops, AI

For code samples, please check my GitHub repositories and competition projects.