Christina Qi Goes From Welfare to Wall Street 

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:

NC State’s Anna Egalite on School Choice in America & Abroad

/
This week on “The Learning Curve,” Cara and Gerard talk with Dr. Anna Egalite, Assistant Professor at North Carolina State University, about her experiences and research on K-12 education systems in her native Ireland, as well as America and India.

Kevin Chavous on the Promise & Potential of Quality School Choice Options

/
This week on “The Learning Curve,” Cara and Gerard are joined by Kevin Chavous, President of Academics, Policy, and Schools of K12, Inc. about how to promote quality education options that meet the diverse needs of all kids.

Citizen Stewart on Changing the K-12 Education Power Structure

/
This week on “The Learning Curve,” Cara and Gerard engage in a candid conversation about education policymaking with Citizen Stewart, Chief Executive Officer of Brightbeam.

CREDO’s Macke Raymond on Charter Schools’ Quality & Growth

/
CREDO's Margaret “Macke” Raymond joins "The Learning Curve" this week to discuss charter school performance; the types of charters that are succeeding consistently and replicating; and the formula for quality both in instruction and policymaking.

Cato’s Neal McCluskey on School Choice & Educational Federalism

/
This week on "The Learning Curve" podcast, Cara Candal welcomes new co-host Gerard Robinson and guest Neal McCluskey, Director of the Cato Institute’s Center for Educational Freedom. They discuss America’s growing interest in school choice, and some of its many benefits.

Julie Young, Virtual Schooling Pioneer

/
Julie Young, CEO of ASU Prep Digital High School, joins The Learning Curve podcast this week to talk about the digital learning revolution.

Susan Wise Bauer on Classical Education & Homeschooling

/
This week on “The Learning Curve,” Bob Bowdon & guest co-host Kerry McDonald talk with Susan Wise Bauer, writer, historian, homeschool parent, and author of The Well-Trained Mind: A Guide to Classical Education at Home, as well as numerous other books.

Dick Komer on Espinoza v. Montana & the Bigoted Legacy of Blaine Amendments

/
On this episode of “The Learning Curve,” Bob & Cara are joined by Dick Komer, Senior Attorney with the Institute for Justice. Komer led the oral argument this week before the U.S. Supreme Court on behalf of the plaintiffs in the high-profile school choice case, Espinoza v. Montana Department of Revenue.

Derrell Bradford on the Future of Education Reform

/
This week on “The Learning Curve,” Bob Bowdon is joined by guest host Alisha Thomas Cromartie, personal growth coach, education leader, and former Georgia state legislator. They talk with Derrell Bradford, Executive Vice President of 50CAN, about the future of education reform.

Montse Alvarado on Protecting Religious Liberty in Schools & Society

/
Montse Alvarado of the Becket Fund joins The Learning Curve podcast this week to discuss Becket's work to protect religious liberty in K-12 education, the upcoming U.S. Supreme Court school choice case, and more.

Lance Izumi on How Charters Are Meeting Diverse Learning Needs

/
Happy New Year! This week on "The Learning Curve," Cara and Bob talk with Lance Izumi, Senior Director of the Center for Education at the Pacific Research Institute, about his new book, Choosing Diversity.

Will Fitzhugh on the Enduring Relevance of History Research & Writing

/
Will Fitzhugh, founder and editor of The Concord Review, an international journal that has published high school students’ history essays for 30 years, joins "The Learning Curve" this week.