Editorial Staff

Christina Qi Goes From Welfare to Wall Street 

/in , , /by Editorial Staff
Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Immigrants and refugees are a net economic benefit to host countries like the United States. Research has consistently shown they help create jobs and add an important dynamism to our economy. This is the case even when there is initial investment on behalf of the state, through education, English classes or welfare. Immigrants pay more into the system than they get out.  For Christina Qi, who started a hedge fund at just 22, the welfare she was on in her early years in Utah after moving from China helped stabilize her youth and pave the way for her to attend MIT. She went on to co-found Domeyard, a quantitative trading firm, in 2013, among the longest running high-frequency trading hedge funds in the world, and was trading up to $7 billion dollars a day. In 2019, she founded Databento, an on-demand data platform for asset managers and quantitative analysts. Being an immigrant, Asian and a woman in the cutthroat, male-dominated world of Wall Street didn’t deter her. Nor did she forget those who helped get her to where she is today. As you’ll soon learn in this week’s JobMakers podcast.

Guest

Christina Qi is the CEO of Databento, an on-demand data platform for asset managers and quants. She is also a Founding Partner of Domeyard LP, among the longest running high-frequency trading hedge funds in the world. She started the firm 8 years ago from her dorm room with $1,000 in savings, and it trades up to $7.1 billion per day. Her company’s story has been prominently featured in Forbes and Nikkei, and she has been quoted in The Wall Street Journal, Bloomberg, CNN, NBC, and the Financial Times. Christina is a contributor to the World Economic Forum’s research on AI in finance. She is a visiting lecturer at MIT, and teaches Domeyard’s case study at Harvard Business School and other universities. Christina was elected as a Member of the MIT Corporation, MIT’s Board of Trustees, and Co-Chair of the Board of Invest in Girls in 2019. Christina also sits on the Board of Directors of The Financial Executives Alliance (FEA) Hedge Fund Group, drives entrepreneurship efforts at the MIT Sloan Boston Alumni Association (MIT SBAA), and served on the U.S. Non-Profit Boards Committee of 100 Women in Finance for five years. Her work in finance earned her a spot on the Forbes 30 Under 30, where she is now a board member. Christina holds a Bachelor of Science in Management Science from MIT and is a CAIA Charterholder. She is publishing a book in 2021, The Finance Snake: A Memoir About My Billion Dollar Hedge Fund.

Get new episodes of JobMakers in your inbox!

Browse Pioneer’s Podcasts:

CUNY’s Carl Rollyson on William Faulkner & Southern Literature

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and U-Arkansas Prof. Albert Cheng interview Carl Rollyson, CUNY professor, and acclaimed biographer of William Faulkner. Prof. Rollyson offers an in-depth exploration of Faulkner’s life, work, and enduring legacy.

NH Gov. Chris Sununu on School Choice

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and U-Arkansas Prof. Albert Cheng interview New Hampshire Governor Christopher Sununu. Gov. Sununu discusses his upbringing in a well-known political family and how the influence of his father, a former governor and White House chief of staff, and his brother, a former U.S. senator, has shaped his public service.

Dr. Helen Baxendale on Great Hearts Classical Liberal Arts Charter Schools

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and U-Arkansas Prof. Albert Cheng interview Dr. Helen Baxendale, the chief of staff and vice president of strategy at Great Hearts Academies. Dr. Baxendale discusses how her global educational experiences inform her perspective on K-12 policy and Great Hearts’ mission to integrate the humanities, math, and science for intellectual and character development.

Jeffrey Meyers on Edgar Allan Poe, Gothic Horror, & Halloween

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and Dr. Jocelyn Chadwick interview Jeffrey Meyers, acclaimed literary biographer, about his comprehensive exploration of Edgar Allan Poe’s life and work.

U-TX at SA’s Catherine Clinton on Harriet Tubman & the Underground Railroad

This week on The Learning Curve, co-hosts Alisha Searcy of DFER and Dr. Jocelyn Chadwick interview Catherine Clinton, Denman Professor of American History at the University of Texas at San Antonio, and author of Harriet Tubman: The Road to Freedom. Prof. Clinton discusses her definitive biography of Harriet Tubman, the renowned abolitionist and Underground Railroad conductor.

Award-Winner Tom Segev on Israel’s Founding Father, David Ben-Gurion

Dr. Segev delves into the life and legacy of David Ben-Gurion, Israel's founding father. He shares insights into Ben-Gurion’s early years in Poland, his involvement in Zionist politics, and immigration to Palestine in 1906, which set the stage for his leadership during pivotal moments in history. Segev covers Ben-Gurion's rise to prominence, his role in forming the Zionist Labor Federation, and the strategies he employed during the 1936-39 Arab revolt. Additionally, Segev examines Ben-Gurion's historic leadership in declaring Israel's independence in 1948, the unification of Jewish militias into the Israeli Defense Forces, and the implications of the Arab-Israeli War.

Lynch Foundation’s Katie Everett on School Finance Model for Catholic Schools & School Choice

This week on The Learning Curve, co-hosts U-Arkansas Prof. Albert Cheng and Mike Goldstein interview Katie Everett, the Executive Director of the Lynch Foundation. Ms. Everett shares her journey into K-12 education reform and discusses the influential vision of Carolyn and Peter Lynch, and their foundation's role in shaping education policy in Massachusetts and beyond.

MA Teacher James Conway & High School Grad Ela Gardiner on MCAS Testing

The Learning Curve, co-hosts U-Arkansas Prof. Albert Cheng and Meredith Coolidge of DFER - MA interview James Conway, a World History and Psychology teacher at Revere High School, and Ela Gardiner, a freshman at Hobart and William Smith Colleges and Wellesley High School alumna.

Edward Achorn on Abraham Lincoln, the Civil War, & Slavery

This week on The Learning Curve, co-hosts Charlie Chieppo and Ret. MN Justice Barry Anderson interview Edward Achorn, a noted writer, historian, and author of "Every Drop of Blood: The Momentous Second Inauguration of Abraham Lincoln" and "The Lincoln Miracle: Inside the Republican Convention That Changed History". Achorn shares insights into Lincoln's improbable political rise and the critical events leading to his 1860 Republican presidential nomination, including his strategic maneuvering following his defeat in the 1858 Illinois Senate race.

PRI’s Lance Izumi on The Great Classroom Collapse

Lance Izumi delves into his latest book, "The Great Classroom Collapse: Teachers, Students, and Parents Expose the Collapse of Learning in America's Schools". He discusses why, despite decades of education reforms and vast spending, many American students remain underprepared in critical subjects like reading and math.

Learning From California: Policy Lessons From Golden State Exodus

Joe Selvaggi speaks with Tim Anaya of the Pacific Research Institute about his new book, The California Left Coast Survivor’s Guide, exploring insights and lessons on how Massachusetts can stay competitive.

AFC’s Denisha Allen on School Choice & Black Minds Matter

Denisha shares her journey and the motivations behind founding Black Minds Matter, a national movement dedicated to celebrating Black excellence and promoting high-quality educational options for Black students. She delves into the politics of urban school reform, highlighting the challenges posed by race and class-based achievement gaps and the political influence of teachers' unions.