SINGAPORE · EST. 2025

Darmine Capital

Quantitative research and proprietary trading in APAC equities and FX.

2025 Singapore
APAC Equities & FX Microstructure
Multi-factor
APAC, US

We're a student-run organization. We publish macro and quantitative research, build trading models, and trade APAC equities and FX.

Publications
MACRO Asia 2026: The Divergence Trade Diverging growth, policy, and rates across the region—where to position as China eases while the rest tightens. Feb 2026 · 18 min read Learn more ↓ MACRO The ASEAN Reconfiguration Decomposing carry returns across SGD, MYR, IDR, and THB—isolating when ASEAN FX carry survives tightening cycles. Jan 2026 · 14 min read Learn more ↓
MACRO China's Deflation Trap Real estate, demographics, and excess capacity—paths out of structural deflation and implications for APAC portfolios. Dec 2025 · 22 min read Learn more ↓
Performance vs S&P 500
Darmine S&P 500
Our Approach
PROPRIETARY DATA
APAC cross-asset datasets we build ourselves. Not off-the-shelf feeds.
SURVIVAL VALIDATION
Models must hold up live. We drop anything that breaks under slippage and fees.
REGIME-DRIVEN SIZING
Position size follows the volatility regime. Cut exposure when it spikes.
Roles
RESEARCH
Macro and cross-asset research, idea generation, and publication. Write papers and present to the team.
QUANT
Build and backtest trading models, design signals, and work with proprietary datasets. Python and data pipelines.
TRADING
Execute strategies live, manage risk, and monitor P&L. Sizing, execution quality, and regime adaptation.
Work with us
CAREERS

Include your background, interests, and why you want to join.

CAREERS

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