#quants-n-traders

1 messages · Page 9 of 1

rough basin
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that's also why traders start with double the marbles

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effectively almost doubling their salary

subtle pumice
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Ah right

rough basin
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but as a trader u also work 10-12h so

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meh

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lmao

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i rather take my chill swe position

subtle pumice
#

Oh sheesh

hallow shoal
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what was optiver swe intern like in ams?

rough basin
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fucking awesome

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my team was great, we had constant events like go karting and whatnot

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go karting was all the interns not just my team but yeh lmao

subtle pumice
#

What did the markets look like for go-karting

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I imagine it was marble carnage that day

rough basin
#

hahahah i dont think there was actually. ppl where too focused on driving

subtle pumice
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looool fair enough

rough basin
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but yeh rly enjoyed it. is super fast paced compared to faang. i shipped 6 different apps/versions in 6 weeks of project work

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was lit

subtle pumice
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Wow insane

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Congrats 🚀 🚀 🚀

faint moon
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apparently swe intern at optiver is 20k now

image.png
rough basin
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yep

faint moon
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compared to the last year's 12k/mo

rough basin
#

10k/m

faint moon
rough basin
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they doubled it

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should've been 1y younger

last herald
long raft
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That Bad? 😅

rough basin
#

EU seemed chill at 40-50h/w

long raft
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Yeah know that Story.

last herald
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are there any companies that do off-season trading internships?

hallow shoal
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five rings winter

rough basin
#

but they're usually longer internships

broken thorn
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lmfao

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thats 6/0 as many projects as i have completed in 12 weeks at my company

scenic bison
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simply uh

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ship more 👍

rough basin
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there was no "PLEASE WAIT 6 months for code review"

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i coded, i commited, team lead reviewed, we tested, we shipped

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i have some friends that interned at G and their shit was released a year after their internship

broken thorn
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ye

rough basin
#

yeh. i much prefer the tight turnaround

broken thorn
#

every file i make changes in is 10k lines of code

rough basin
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bcs u actually can immediately see if ur shit works and learn fast

broken thorn
#

and inheriting like 5 class layers

rough basin
#

optiver preaches absolute simplicity

broken thorn
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as long as im lerning idc tho

rough basin
#

i remember my first PR i had like OOP gallore with generics and whatnot

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and team lead told me to rip all that shit out and make it dumb and specific

broken thorn
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generics 🤢

rough basin
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i wanted to make it reusable sad_kermit

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immediate overengineered lmao

broken thorn
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if it is not a primitive it is not a project of mine

rough basin
#

tbf my first proj was c#

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thats kinda the MS coding style

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interface galoore

fast gazelle
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🥜

tulip sapphire
rough basin
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nah

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amsterdam is straight 20k/m (for internship)

floral locust
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get diffed 😮

hallow shoal
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About that

floral locust
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supermartingale

rough basin
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aint no wayyyy brooo

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it is tho hahaha they even advertise it at unis on their official slides

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they're very open about their pay

fast gazelle
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they're also very open about rejecting me

tulip sapphire
fast gazelle
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they rejected me fast after the oa KEKW_RECESSION_EDITION

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at least they rejected instead of ghosting

tulip sapphire
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oh yea dont they end the OA instantly

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thats so wholesome

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stops wasting your time

broken thorn
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ur talkinf about optiver qt right

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i got through all of it and then rejected a week or 2 later

fast gazelle
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skill gap

tulip sapphire
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yeah thats rare but does happen

rose holly
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anyone got opinions on NY vs Chicago? Radix has offices at both and I have no idea which one to pick. Asked the recruiter for recommendations and he said literally it doesn't matter and if I have any reason, no matter how irrelevant (e.g. have family in one place), to choose one office, I should just go with that one. if I had no reasons whatsoever for either location, he said I should consider chicago because the founders and more of the company are there but even then, he said it's an incredibly light recommendation and it really doesn't matter

tender idol
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or wait

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radix

rose holly
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lol I'm going to Radix

tender idol
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congrats on radix

rose holly
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yeah haha

tender idol
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was that gpt-3 in your linkedin post

floral locust
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Where do u have more friends

tender idol
rose holly
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no I just copypasted the entire radix sort wikipedia page and truncated it to the linkedin character limit

floral locust
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Nyc or chi

rose holly
tender idol
rose holly
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you know gilbert from js right?

floral locust
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Lol

rose holly
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I'm good friends with him

floral locust
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Sheet how did u doxx me so fast lol

rose holly
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I think you doxxed yourself somewhere in this channel

floral locust
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Yea I love him

rose holly
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or someone dropped your name. and I asked gilbert if he knew you

floral locust
#

We’re supposed to go to Vegas in Jan

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If I’m employed

rose holly
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he said you're a poker 🦈

floral locust
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Lolol

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Qr or technologist?

rose holly
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technologist

floral locust
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I have call with recruiter tomorrow funnily enough

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For ft qr

lost stratus
rose holly
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oh shit glgl

rose holly
floral locust
#

Ru also an oaks regular?

rose holly
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for chicago, pros are like lower CoL, closer to most of the company. for NY, pros are like being in NYC, more NGs going there, and smaller team there means I might be able to advance more quickly at the company if I'm good. so completely orthogonal pros for each place 😕

rose holly
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that's why I'm going to radix instead of JS/Cit/Optiver/Sig LOL

floral locust
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All swe?

rose holly
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yeah I didn't get offers at any of those though lol. JS resume reject, Cit reject after onsite, Optiver applied before 1 year blacklist, Sig reject after acing the OA for whatever fucking reason

floral locust
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Js resume bar for swe is quite arbitrary seems like

rose holly
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yeah I thought they'd hand out interviews like candy just like for QT

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I didn't really wanna work at a semi systematic shop anyways. I've heard some SWEs that do incomprehensibly boring stuff at semi systematic places

floral locust
rose holly
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I remember when I interviewed at Optiver for the onsite, the dude was like "yeah my team does trader support stuff so we make GUIs for the traders" and I had to try so hard to pretend that was interesting

floral locust
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Most big semi shops have some systematic strategies, but yea radix is 100% systematic

rose holly
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yeah I feel like HRT and 2s are the only real big fully systematic places and even HRT is starting to be less systematic

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Jump is pretty systematic I've heard but I'm not 100% sure

lost stratus
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and GSA Capital

floral locust
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If radix is relatively indifferent to chi and nyc would they let u just do half/half?

rose holly
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yeah but vatic and gsa are small

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HRT and 2s are both 1000+

rose holly
floral locust
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Headlands seems p interesting as a dev

rose holly
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yeah but they're a sweatshop lol

floral locust
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Do u know expectation for radix wlb?

rose holly
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yeah 40 - 45 hrs/week

floral locust
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Considering headlands and radix are both ex cit small fully systematic shop

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Oh nice

rose holly
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for technologist

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I think most ex cit places don't have cit culture. also got aquatic offer and engineers there say like 45 - 50 hrs

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yeah I'm trading ops so it's 200/175/75. for the more quant dev role, the package is super high variance

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yeah

long raft
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Do people apply just online or did you intern there before?

floral locust
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Oh ur ft?

rose holly
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kinda annoying that they automatically put me into the trading ops pipeline because I'd prefer the quant dev role but there's like infinite horizontal mobility at the firm so I'm sure I can just transition into the role

rose holly
long raft
rose holly
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it's a 5 round onsite, 4 technicals, 1 behavioral. technicals span everything from practical CS skills (using APIs, parsing files and stuff), algos, and math/probability

long raft
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Did you intern at a Shop before or is this your first time in contact with That Kind of Business?

floral locust
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Yea nyc vs chi ultimately comes down to ur utility function and friends u have in both cities. Rent and col in chi will certainly be lower but nyc might be more fun so might be worth checking both out and debating whether you’re getting enough extra utility being in nyc to offset the EV sacrifices

rose holly
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I think it's just school, GPA, and prev intern exp

rose holly
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did not want to go back ft lol

floral locust
rose holly
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oh yeah those too

lost stratus
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what do they want to see from people at non targets who don't have previous trading firm exp?

rose holly
floral locust
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They don’t rly care about prev exp, it’s moreso what research you done, school, classes you’ve done

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Professor references

floral locust
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Yea a lot of people get rejected at transcript + references stage

rose holly
floral locust
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Oh sick did u ta for him or do research with him?

rose holly
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yeah I lead a research group under him so he knows me really well

rose holly
old shore
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congrats on radix

rose holly
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lol I don't know anything about their behind-the-scenes recruiting stuff

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like I don't know what they're looking for on resume and transcripts and references and stuff lmao I just applied

old shore
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had final at voleon last ssn but didnt clinch it, what didnt u like abt the place

floral locust
rose holly
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culture was completely fine at voleon, they just pay pretty low and don't get good returns

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yeah the only people I know who applied to radix are people who got offers lmfao

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also voleon is based in berkeley, ca

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🤮

floral locust
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Berkeley phd just seems to be a quant feeder at this point rofl

rose holly
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yeah apparently curtis actually makes flights out to berkeley to chat with math PhDs

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I didn't know they did any kind of recruiting on the west coast because they had like 1 person at the entire firm from berkeley

heavy jungle
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I got asked the following interview question in a quant research interview:

You have a 17 by 17 checkerboard and you remove the square in one of the four corners. You also have an unlimited basket of 4 by 2 rectangles. Can you place some number of 4 by 2 rectangles so that it fully covers the checkerboard in such a way that no 4 by 2 rectangles overlap or hang off of the board but the entire checkerboard board is completely covered?

Ive not been able to answer it even after the interview. Can someone help me out here?

hallow shoal
heavy jungle
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I think its possible but cant prove it. Citadel asked me this question

dim spade
rose holly
dim spade
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and some others

heavy jungle
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It's not in the green book cause i looked

rose holly
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green book has a 3d version I think

dim spade
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it is but its chess board and 3d version

floral locust
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Isn’t it some PP problem

dim spade
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same idea

clear grove
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isn't the answer no

floral locust
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Also probably don’t post questions cause recruiters scroll through this place sometimes

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And problems can easily be traced back

clear grove
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how do you get a length of 17 with 2s and 4s...

dim spade
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shouldnt ask common problems then lmao

floral locust
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Lol

rose holly
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yeah radix is super super lowkey with their recruiting. I offered to connect them to student groups here to host infosessions like HRT, JS, Cit, etc do but they declined, saying that they preferred to just privately reach out to people for one on one chats or dinners. their whole philosophy is that no one should no about the firm except for the people that they want to know about it lol

clear grove
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oh you remove in each corner nvm

hallow shoal
dim spade
clear grove
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oh

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if it's one then it's no

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pretty sure

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one in each is also no I think

rose holly
clear grove
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it's for sure no

hallow shoal
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then someobdy post radix at the top of intern pay

rose holly
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yeah can confirm that radix intern is 150/hr

hallow shoal
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base?

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or bonus included?

rose holly
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it's intern

clear grove
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bruh why can't cit give me those questions in interview lmao

rose holly
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they only post their internships on certain schools' handshakes. ik harvard gets them and I think all Ivies do

hallow shoal
rose holly
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but we don't even get them at berkeley

heavy jungle
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Okay thanks guys. I accidently posted the first part of the question which was alot easier. How about 102x10 checkerboard with 4 * 2 cubes? This was the second question. No removing a piece now. This is wat i meant to post originally

rose holly
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I think Penn does and I'd assume pton as well

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applied by emailing them my resume via their website

heavy jungle
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I screwed up and posted the easier one

clear grove
heavy jungle
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Rectangles mb let me repost it

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You have a 102 by 10 checkerboard. You also have an unlimited basket of 4 by 2 rectangles. Can you place some number of 4 by 2 rectangles so that it fully covers the checkerboard in such a way that no 4 by 2 rectangles overlap or hang off of the board but the entire checkerboard board is completely covered?

rose holly
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they build their presence at schools through the alum it seems because now the recruiter wants me to help field talent at berkeley

heavy jungle
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This is the one i thought was yes

hallow shoal
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to be public>

rose holly
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yeah but there's a difference between them holding an infosession and me telling a few people I know to check them out

hallow shoal
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thats true

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I wonder why they prefer to keep a low profile

floral locust
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They don’t rly care to hire from same pool as every other firm

rose holly
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their whole hiring philosophy is slow, controlled growth focusing on hiring talent and developing it. in the behavioral interview with head of talent, they mentioned that they are like explicitly the opposite of citadel

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where citadel is kinda like a revolving door

hallow shoal
hallow shoal
rose holly
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presumably high GPA ∩ top school ∩ prev experience (for ft)

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oh yeah definitely. p sure radix only interviews from this pool as well

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whereas JS interviews from a wider pool but probably only gives offers to that pool

clear grove
#

you can make a 12 x 10

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using the tiles

rose holly
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yeah yeah 👍

clear grove
#

then you can get 96 x 10

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and then 100 x 10

winter rover
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are you sure it's yes? i thought no

clear grove
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this is 12 x 10

winter rover
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i am typing my solution

clear grove
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stack 8 times

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96 x 10

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4 x 10 is easy

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you dont even need that stuff

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100 is divisible by 4 lmao

winter rover
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wait

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he said 102x10

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i think 102x10 is impossible

clear grove
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100 x 10 right

winter rover
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100x10 is possible

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i agree 100x10 works, but i don't think 102x10 is possible

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The answer is NO. Orient the 102x10 checkerboard so that each center of the 1x1 squares are on lattice points, so our chessboard is {(x, y) | 0 <= x <= 101, 0 <= y <= 9}. Now let's color the chessboard with imaginary numbers: for each point (x, y), we assign the weight i^{x + y}, where i = sqrt(-1) is the imaginary unit.

Note that the weight of each 4x2 rectangle takes the form (i^{x} + i^{x + 1} + i^{x + 2} + i^{x + 3})(i^{y} + i^{y + 1}), which is necessarily zero because the sum of four consecutive powers of the imaginary unit (i.e., the first term in the product) always equals zero. On the other hand, the weight of the entire checkerboard is (\sum_{x = 0}^{101} \sum_{y = 0}^{9} i^{x + y}, which is nonzero. So it's impossible.

clear grove
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ah

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why is the last sum nonzero?

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oh nvm

fast gazelle
old shore
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they said qr earlier

fast gazelle
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ok good

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if swe gets asked those questions im doomed

broken thorn
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just put in 25x5 orientation

heavy jungle
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It’s 102x10

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My bad

broken thorn
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ur method is genius tho, i need to get better at coming up with invariants

winter rover
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you’re right

broken thorn
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how do you know the sum of 102*10 is nonzero?

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holy shit because i^111

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how on earth did u think of this? or is it a common method to use imaginary number invariants to solve chess board problems

winter rover
#

I naively did not think of divisibility because I thought it would be too easy, but this technique works for many coloring problems even if it’s divisible

broken thorn
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sweet thanks for sharing it

floral locust
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Who’s on higher floor tho

rose holly
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wait there's like multiple buildings at the WTC right?

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are we in the same one?

broken thorn
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which world trade center? isnt there only one now

rose holly
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i literally don't know which one radix is in haha

broken thorn
#

10 world trade centers?

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hey devg how stressful is working for js/alameda? if u had to take a day off randomly for a dentist appointment or something would that be possible

floral locust
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the use of / implies interchangeability

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which is probably not the case

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both you could take a day off for dentist tho

rancid spoke
floral locust
#

360?

novel python
tardy steppe
rose holly
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I know of uchicago as well

tardy steppe
#

thats ivy tier lol

floral locust
#

qr seems to be more school selective than technologist and devops

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based on hires

shell gazelle
#

I’ve seen people from UCLA/Rice/UT Austin get technologist

tardy steppe
#

for radix interesting

proud furnace
#

how do you have to be at math for quant

tardy steppe
#

?

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wdym by this lol

floral locust
#

gimme a few weeks i gotchu

tardy steppe
#

whats 3wtc?

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o

floral locust
#

hrt is like 77-79 or smth

tardy steppe
#

hrt is unbeatable in terms of what?

floral locust
#

ur 11x times higher than s/o

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js you can jump off and not even die

tardy steppe
#

theyre all in the same building?

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what makes the floor good?

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why would anyone care lol

floral locust
#

the entire complex is quite large

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there are quite a few firms in there

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volant, drw, jump, 5r, js, hrt, radix, 5r

tardy steppe
#

im so confused

proud furnace
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I have a tech job ill be starting in feb, dont want to be swe forever tho

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looking to shift

floral locust
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kinda awkward if u move firms lol

tardy steppe
#

false

floral locust
#

bump into coworkers or boss

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just go to js

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(somehow fails resume screen again w/ hrt and referral)

tardy steppe
#

js is the hardest

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to pass

floral locust
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your future is being stuck at forward

tardy steppe
#

u got prior hrt exp?

floral locust
#

:rope:

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(im unemployed so cant afford nitro)

tardy steppe
#

hrt

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but u have hft tho

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whats ur fav types of quant firms

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i like prop trading firms

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so u a hft person

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hrt is an hft firm

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high frequency trading

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there are different types of quant firms

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prop trading firms

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hedge funds

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hft

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i forgot the othrs

floral locust
#

kkr no diffs unfortunately

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i only work for ponzis

tardy steppe
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theyre all pretty similar

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but have their differences

hallow shoal
#

😭

floral locust
#

just delete every night or something

tardy steppe
#

prop trading firms are the best for qt imo

hallow shoal
#

Screenshot and sent xd

floral locust
#

if i joined 2 weeks earlier i couldve gotten my signing and kept it

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im tilted sadge

hallow shoal
#

JKJK 😂

tardy steppe
#

predict my future

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whats csm?

hallow shoal
#

Cs majors

tardy steppe
#

im gonna create my own firm

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hft is a type of quant firm

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hrt is a hft

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yes

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i have no life

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i feel like people chasing quant jobs have no life

floral locust
#

HRT HRT HRT

hallow shoal
#

HRT HRT HRT HRT

tardy steppe
#

hopefully i get hrt

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HRT HRT HRT

floral locust
#

I HRT code

tardy steppe
#

no man

hallow shoal
#

I wearing i HRT math to the coding interview and wearing th I HRT code to the math interview

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🧠

floral locust
#

holy based

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oh rip

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fak

hallow shoal
#

What is profile views

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LinkedIn?

floral locust
#

i will leave rakesh to do all my sleuthing

tardy steppe
#

why dont the majority pass

floral locust
#

virtu asks some problems that you prob wanna use probability concepts for

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like indicator r.v.s

tardy steppe
#

you interview at any of these places?

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even js?

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u get any offers?

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ooo where?

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hows virtu

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idk much about it

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isnt it an hft?

fast gazelle
#

doesn't a coastline have infinite length

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or am i smooth brained

rapid cargo
#

i liked your blog.. cool reads tbh

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bookmarked the job hunt for the list of resources and a class site for the projects

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🤩

hallow shoal
#

Are you able to metric total reads?

winter rover
#

The answer is NO. Consider the following coloring of a 19x19 square (see attached). The black rectangle represents the removed center piece.

There is an odd number of colored squares, but any 1x4 or 4x1 piece will always occupy an even number of colored squares. So it's impossible.

image.png
hallow shoal
#

SHEESH

broken thorn
winter rover
#

Not with the coloring I provided

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If you color it as a chessboard, it will be equal

broken thorn
#

holy fuck

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he does it agian

hasty hill
#

just cuz i take a line and make it connect dont mean its length property disappears

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if i take a string and make both ends connect string is still length L

old shore
#

coastlines are fractals

hasty hill
#

i could be dumb too

old shore
#

so yea they are infinite

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in length

hasty hill
#

oh shit

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bro but i played mario kart on the coast line on this one stage

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on gamecub

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and i finished the lap

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therefore finite property proven?

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QED

old shore
#

😳

broken thorn
#

the universe doenst go down to infinite small

old shore
#

infinite was incorrect

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more like

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not well-defined?

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idk

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but yea ur right

hot zodiac
#

Does anyone know if HRT first round phone interview for new grad is always just prob and stats, or also algorithm questions? Or could be either?

broken thorn
#

coastlines being fractas are cool question tho

floral locust
#

algo dev

#

?

clear grove
# old shore in length

infinite 1d volume, but you can find a unique dimension for which they have finite volume

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and anything above is 0 and below is inf

broken thorn
#

@winter rover do u have any quant jobs

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u seem pretty cracked i ihope u do

floral locust
#

bruh scroll up rofl

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im like 70 bid it's not

broken thorn
#

it wasnt

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i missed that part of convo

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i dont read every single message on discord sorry guys

fast gazelle
#

L

hasty hill
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no shade to math, i am a math fool myself

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never done anything more advanced than 2 + 2

broken thorn
#

the first half of sentence isnt parsing with second half for me

hasty hill
#

I'm saying even if this is a big brain question, the intended audience (math major undergrad) in the intended context (presumably a quant interview) is not the person or place for this question.

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This question wont' produce value.

broken thorn
#

ye

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u know what will tho

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how many golf balls fit in the empire state building

hasty hill
#

Both parties are just gonna push up their glasses like an anime show and feel smart

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and that's it

broken thorn
#

100%

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i hate the "oh im asking depe questions" converstaions

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maybe answer some fo them

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or ignore them if theyre unsolvable

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wondering about unprovable stuff is a waste of time (i understand this is a very engineerey thing to say)

hasty hill
#

Honestly swan u and i are very cursed individuals

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because we are both smart enough to pretend we are smart

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but too dumb to be actually smart

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cursed destinies

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To have the capacity to accurately understand one's own intellectual deficiencies

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this is truly a tragedy

clear grove
broken thorn
#

did u count 😂

winter rover
#

the bottom-most row has the count for each column

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i count 183 colored and 177 noncolored

clear grove
#

the count of colored? it seems off

winter rover
#

which column

broken thorn
#

i counted 162+9

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of something

clear grove
#

these dont have the same right?

image.png
broken thorn
#

no i didnt

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ignore me

winter rover
#

sec

broken thorn
#

i would like to think i am somewhere on the right half of this meme

#

34 iq

#

maybe 14 iq if im lucky

winter rover
#

there are 181 reds not 183. the coloring is still correct, but i miscounted

broken thorn
winter rover
#

see attached @forest cobalt

#

the count of colored tiles is odd, and each tile will cover an even number of colored tiles

#

good problem

floral locust
#

Wait wouldn’t a checkerboard be alternating?Which matters since the taken out piece would be red instead of white

#

No

broken thorn
#

he redefined a checkerboard to make the game less fun

#

but it also helps him solve the probelm

floral locust
#

Oh I misinterpreted the problem

proud furnace
#

is IQ really normally distributed?

tardy steppe
#

Are all these quant firms part of Wall Street?

long raft
#

I would say yes they are somehow Part of it But don’t Quote me on that 😅

tardy steppe
#

So I guess if I broke into one of these firms I’ve broken into Wall Street

signal bloom
#

Anyone who's preparing for Putnam tomorrow?

tardy steppe
long raft
tardy steppe
#

Time to grind boiiiss

#

I wish I was smarter

#

No shut up

#

You don’t know anything

#

How can a foot player be a wall street trader?????

hallow shoal
#

Proceeds to work in WTC3

#

😂

broken thorn
hallow shoal
#

Doesn’t get anything higher than HRT

cedar oriole
#

chick-fil-a

floral locust
#

Astronaut

#

HRT HRT HRT HRT HRT

long raft
#

Thats Why I have Momentum Chrome Extension… compensates For the Bad View 🥲

floral locust
#

3-8

long raft
#

How many floors does the Building have in total? 8?

rough basin
#

monkaS optiver HQ (amsterdam) is floors 1-5

#

i'd take an extra 20 marbles over any view. i'd go to the basement for an extra 50

#

isnt HRT like 76th floor or some shit

#

must be poggggg

#

3.5k average

#

i think

#

no im a swe i have no gambling addiction yet

#

nah im good

#

i watched em play almost daily

#

i enjoy my money in my pocket

#

yeh same, tbf we had some crackheads but also ppl that had no clue but just loved to gamble it all away

#

good mix of both

floral locust
#

Uh

rough basin
#

most trader interns played poker

floral locust
#

Ft or interns

rough basin
#

so it adds up

#

lmao imagine, cringe

#

i mean i have no fucking clue about poker, i barely know the rules

#

so they might just have looked competent to my eyes

#

is that the HRT view?

floral locust
#

I was gonna drop out and play professionally and then someone told me to do trading

#

They have a terrace

rough basin
#

lmao poggg

#

i see why they put it as an official company benefit

#

it do be rly nice

floral locust
#

Chaewon u must poach this convo to csm

#

HRT HRT HRT HRT HRT

long raft
rough basin
#

meanwhile ill have my free lunch just 2 stories high

#

peasant life

#

HRT london office is sadly only the 10th floor

#

@rustic wind interning of FT?

#

algo dev or core dev?

floral locust
#

HRT HRT HRT HRT HRT HRT

rough basin
#

what was the difference between algo eng and algo dev again?

floral locust
#

Algo dev is a linear combo of qr and Qd

#

Depending on firm needs and personal preference

long raft
#

Oh sounds really fancy compared to swe

rough basin
#

ahh i see

#

so i guess SWE is ...

#

libraries?

#

and algo eng is... trading software?

long raft
#

Fancy Name > fancy pay 😎😂

rough basin
#

im too dumb to understand the positions PepeLaugh

#

ahhh iccc

#

would've thought the exact opposite given the name

#

sounds lit hfhfhfhfhf

#

btw is there a pay difference between any of the 3?

#

so algo dev are like their form of traders

#

why them damn traders always make more sad_kermit

#

should i've done maths instead

#

lmao

#

truuuuuuuuuuuuu

#

but so do devs so

#

idk

#

lmao

#

but i think even for non algo dev roles

#

HRT pay is pretty unrivaled

long raft
#

Negotiating the offer: “you can reduce my Base by 10k but I want my title to be ‘Advanced algo Freestyle dev’ “

floral locust
#

Lower sharpe higher EV 🤓

rough basin
#

i hate u @floral locust

#

im getting internship ptsd

floral locust
#

If ur able to do off cycle what is min cool down usually

long raft
#

Do traders/researchers also have standups or smth like That?

rough basin
#

join us instead pog

rough basin
#

thats amsterdam

#

idk about chicago/austin

#

yo no heightism

#

ah u tried trader i assume

#

kek

#

thats all a trader does all day tho

#

i hate the neuro assesment stuff so i feel ya

long raft
#

I have to admit Optiver swe OA this year was quite ok but I bombed it :(…

rough basin
#

its okey you'll get em next time

long raft
#

Like 5mins After submitting i saw my mistake

#

Was really dumb mistake

rough basin
#

do they still give u 24h?

#

or have they shortened it now

long raft
rough basin
#

ah well

#

all i can say for optiver speed doesnt matter

#

ur code quality and correctness does

long raft
#

It’s a custom hackerrank.

rough basin
#

so use all the 2h

long raft
#

It really takes 2h like it’s Design a class that does X

rough basin
#

when i did it, they even gave us 24h time bcs they wanted a clean solution, not a quick and dirty one

faint moon
#

btw, last time I checked, optiver us and amsterdam OAs were different

rough basin
#

could very well be

#

each location does their own stuff

#

dont think there's any standardization across locations

#

at least not that i know of

long raft
rough basin
#

amsterdam's lit so you'll have a good time

long raft
tropic ravine
#

Any tips on how to prepare for D.E.Shaw virtual onsite? I can't really find any useful information online

odd patio
#

If I've already accepted an offer elsewhere, but I have a final round scheduled with Jane Street, would I have a higher chance of getting an offer at Jane Street for next year if I withdrew my application before the final round or after?

floral locust
#

trader?

odd patio
#

no biz dev

floral locust
#

hmmm, they might let you move final to next year

odd patio
#

interesting ig i should just withdraw now

fading mirage
#

How hard is the Akuna Cap trading oa? I read it's automated, but if it's nearly impossible, should I even spend time studying for it?

#

Depending on time frame I could possibly study for it, but I'm in finals week mode so it would have to be after

floral locust
fading mirage
broken thorn
#

non quant trading is mostly something u cant study for

#

just sleep well and try to remember everything

tardy steppe
#

Same with you

#

You a troll

#

Footplayers can’t be walk street traders lol

#

I am big and tall

#

How though?

#

How does that correlate to the markets

#

For?

#

That was back then

#

I guess

#

But we live in a new era now

#

That doesn’t matter

#

You’re quantitative skills matter

#

Problem solving skills matter

floral locust
#

pit traders back then make more than traders now

tardy steppe
#

Being smart matters

floral locust
#

and also their day was 9-1 p much

#

since volumes were much lower at lunch

tardy steppe
#

So none of those characteristics are true to getting a quant job?

floral locust
#

and to survive in the pits u have to be louder, bigger, stronger

#

most firms specifically targeted football players, rowers from ivies

tardy steppe
#

I’m being serious

floral locust
#

i dont troll

#

pit trading is so lit

tardy steppe
#

Dude says you don’t need quantitative skills to break into trading

#

That’s a troll

#

That’s what these firms are looking for

floral locust
#

what do u define quantitative skills

#

u can learn to be fast w/ like high school math

tardy steppe
#

??

#

I disagree

floral locust
#

byzantine generals problem, you don't know which convos are troll or not

#

but we have to come to some unified concensus

tardy steppe
#

Oh

#

I thought it was greater than symbols

#

Chaewon

#

Dev

#

Blog

#

Help me out

floral locust
#

blog rofl

tardy steppe
#

Help me out 😭

#

I wanna get into a quant firm

#

I study everyday

#

I wanna be better

#

Okay 🙏

floral locust
#

i should make a gpt blog

#

outsource the work

#

overthrow @rustic wind

rapid echo
quasi orbit
#

hey guys, would taking an infrastructure technology position (cloud) help with getting SWE next year at other trading firms?

quasi orbit
#

idk thats all i know so far

barren steeple
#

also where

quasi orbit
quasi orbit
barren steeple
#

where as in company

#

lol

#

for the infra role

#

@quasi orbit

quasi orbit
#

cloud

barren steeple
#

a company called cloud?

quasi orbit
#

oh shooot sorry lol

#

i forgot

#

its at millennium management

#

on their cloud infrasturcutre team

fading mirage
barren steeple
#

i feel like prior firm would help for hearingback, but if u want to do swe doing swe somewhere is proabbly better than cloud infra at millenium

#

its prolly like monkey sre shit

fading mirage
#

Don't favor coding but it would be nice bc I have more concrete background knowledge

barren steeple
#

^

#

if u can get a good tech company for swe i would do it over that

quasi orbit
#

ill be doing snowflake this spring

lost stratus
quasi orbit
#

yea

lost stratus
# quasi orbit yea

Target school does more for you than internships on your resume

But a quant firm is more likely to get more interviews at other better quant firms than a big tech

lost stratus
#

In what situations have you not seen those to be true?

#

Especially for people who have generalist swe experience

royal forge
hallow shoal
#

Target school does more for you than internships on your resume
I feel like this is only applicable

#

to quant

#

outside of quant I feel like its very marginal

lost stratus
hallow shoal
#

personally also think that it's a better signal for next cycles if you take top tech vs. back office in a financial institution why do you think this?

#

often times as an intern you don't even get the choice?

lost stratus
#

The bigger contribution always exists, but most people who do have some depth of the field are already aware of quant firms

But for someone with not much quant firm adjacent experience,
Both from what i have seen on resmes, linkedin, and talking to hiring managers at firms like citadel, hrt, and jane street, and a few other firms for swe roles, is that an experience at a quant firm would stand out more because it is more relevant to the work that they do. They also said big tech like google does help, but mainly if it is more than one big tech or fintech.

They also said transferring to a better school helps alot for getting past resume screen

I dont think many firms look at resumes school blind

#

Like for example 2 citadel rectuiters, 3 interviewers, and a manager told me that going to a non target school significantly hurts my chances even though i had big tech. And the only reason i got an interview is because i had interned at a financial related company

#

For an average person?

#

It helps if its multiple big tech, but a single quant firm experience can open more doors if you dont have any other relevant experience

#

No the popular opinion is to go to big tech over a smaller quant firm

#

I meant more as in quant firms

#

Like a smaller firm or lesser known or less prestigious like millenium is better than random google team

#

Wait no thats what im saying, recruiters and managers at quant firms wojld prefer a back office work at a quant firm than general big tech

#

@rose holly is saying this is not true

#

How so?

#

I havnt heard of any managers or recruiters saying that working at a lower tier Quant firm is bad for resume value in any way

snow thorn
#

lower tier isnt back office

#

tho

#

and need to define back office more elaborately

lost stratus
#

Uh i dont think anyone with front end experience would be considered for anything other than a front end role even at a quant firm

#

Back office swe usually means post trade type work

#

Data cleaning in the context of finance still stands out more

#

Op was considering cloud infra at millenium

snow thorn
#

isnt cloud infra IT

lost stratus
#

Like tech support?

snow thorn
#

yes

lost stratus
snow thorn
#

then i'd think google swe is superior

#

transitioning from IT to front office quant is a whole different story imo

#

whereas there are many data points for big tech swe - quant

#

yeah traders, researchers, etc

lost stratus
#

Finance is different from a quant firm entirely

Any swe role (obviously beside webdev and other irrelevent stuff) at a quant firm helps

Infra and backend in the context of finance at a fintech or financial related firm eg not quant also helps is what i was saying

nocturne estuary
#

Infra is definitely better than front end if you wanna do quant dev

#

You get to work with distributed systems and upkeep and lots of important actual software engineering things

#

Yeah for sure

#

I think the work would be the same

lost stratus
#

Not for resume value

quasi orbit
#

so you guys think the infra at millennium > core dev at a smaller trading firm that pays 35 an hr?

lost stratus
#

Because of what i said before

#

The same role at tech vs quant, a quant firm looks faborable

#

Just for resume value at another quant firm

snow thorn
#

wym by core dev

lost stratus
#

Is what recruiters and managers told me

quasi orbit
#

like core eng

snow thorn
#

core dev as in like HRT core dev?

quasi orbit
#

yea

snow thorn
#

then core dev >>> it infra

lost stratus
#

I have 3 tech internships and i regret not doing a low prestige quant firm instead of any of them

quasi orbit
#

is millennium low prestige?

lost stratus
#

? I get resume rejected because "you dont have enough trading firm experience"

snow thorn
#

no its just that IT is very perceived low in view of front office

lost stratus
#

Yes correct

#

I asked recruiters why i got rejected

snow thorn
#

usually trading firms, dont require any past trading exp

lost stratus
#

Yeah there were a few that didnt say anything

#

Like 10 firms

#

Some on the smaller end

snow thorn
#

it is a preference, but for resume bar i'd say other things in your resume can be good enough to pass to get OAs and interviews w/o trading exp

floral locust
#

Add recruiters on insta

quasi orbit
#

im still confused as to what u guys are saying

shell gazelle
lost stratus
#

Well boerboel, tgs, ansatz, radix to name a few

crystal lynx
snow thorn
#

those are all selective firms lol

floral locust
#

My brother ansatz barely hires

#

And rejects everyone

snow thorn
#

if ur applying to any of the dutch trading firms, then usually u dont need trading exp

lost stratus
#

Then why is it the same reason for random firms like voleon, geneva, engineers gate, and tower

#

Also does flow traders even hire infra interns

floral locust
#

Random firms

snow thorn
#

tower and voleon are also selective lol

lost stratus
#

Okay then gts

quasi orbit
#

i have an offer from geneva

#

thats acc the firm i was talking abt

lost stratus
#

I forgot to include tower in the other 5

#

And im saying quant swe is 99x better

floral locust
#

Random firms like hrt

snow thorn
#

yes but quant swe != cloud infra

lost stratus
#

Ive applied to and reached out to ~ 130 quant firms

lost stratus
#

The internet

#

My list is pinned here

quasi orbit
#

im just not sure if 35 an hour at geneva doing core eng is worth vs millennium for 72 an hour doing cloud infra

barren steeple
#

genvea swe probbaly better than infra at millenium

quasi orbit
#

idk why millennium even has cloud infra

barren steeple
#

or just take a faang offer if you have one

quasi orbit
#

i dont have fang

floral locust
#

Boerboerl is act good tho

barren steeple
#

boerbol is good

lost stratus
floral locust
#

Also asc catching strays for no reason 💀

barren steeple
#

dixonmias is also a great firm

lost stratus
#

Theres alot more lol

quasi orbit
#

i mean its core dev vs cloud infra right

barren steeple
#

take core dev

lost stratus
#

I have like 20 more i cant say becayse its through headhunters and connections

quasi orbit
#

normally geneva would be a no brainer but they pay 35 an hour

lost stratus
#

I know but they all still have resume value, especially for internships

quasi orbit
#

35 is ass

barren steeple
quasi orbit
barren steeple
#

do the tech remote

#

ye sure

lost stratus
#

As long as the faang is not ultra low latency and quant adjacent work then yes

quasi orbit
#

idk any remote options tho

#

i dont have any intervviews

lost stratus
#

Well yes some people prefer to work for faang

quasi orbit
#

and im not in any pipeline

floral locust
#

Isn’t bb good?

lost stratus
#

But for quant resume value, quant firms are better is what i am saying

snow thorn
#

i think if you had 3 swe exp, ur fine w/o trading exp to apply and get an offer out of 1/130. ur lack of trading exp leading to resume reject would only apply to a small list of firms

floral locust
#

Is xtx good?

#

Xtx asks ml for interview smh, betrayal of name

#

The Xtx ceo is funny on Twitter

lost stratus
floral locust
#

I’m not sure I’m ready to work for another memester…

lost stratus
#

No my list is purely quant prop shops/hedge funds and a few market makers

#

There might be a few asset manger types

floral locust
#

What is size of list with a >100 employee filter

snow thorn
#

like only place where they actually asked why i didnt intern in trading was worldquant

floral locust
#

World quant is millennium?

#

Or offshoot ig

snow thorn
#

spinoff

lost stratus
#

They sold their hft division to quant lab, they do mid frequency quant since

#

Quant crypto

quasi orbit
floral locust
#

There were a few worldquant interns who went to radix ft

#

I think qt

#

Radix doesn’t rly care about prior exp tho

lost stratus
#

With experience

snow thorn
#

and worldquant is a special case since they're a PM shop

lost stratus
#

But its mostly hiring sprees

snow thorn
#

and u get thrown into projects right away after u get hired as ng

#

not much formal training compared to other firms

#

only firms that would ask you for trading exp, is where they need u to do stuff related to their trading right away

lost stratus
#

Are you saying for resume value or to work at?

floral locust
#

Like top performers early years eat good, median and low performers kinda boned

#

No smoothing like these well known firms

lost stratus
#

Why would i be hiding something lmao what

snow thorn
#

yeah but i heard its very cut-throat, seniors dont like to teach/share much for their own profit

floral locust
#

But not to start and get the best training

snow thorn
#

sig by far prob

#

only con is their non compete

#

and location

lost stratus
#

Source?

floral locust
#

All of the well known firms are p good. Sig, js, citsec, optiver are p well known to have good training

#

For qt

#

I’m not brainiac like chaewon to do qr

#

I think optiver probably has best options training cause they specialize, general training js seems like the best

#

Or citsec

#

By hour tho would be sig or js

#

Def not over where ur interning in the summer

lost stratus
#

Do you have a non paywall source?

floral locust
#

Even citsec qr vs ur summer ro would be close, would be team dependent

#

Their ft nc is also brutal

#

Conditioned on making class

snow thorn
#

isnt it 2 yrs

#

dang

floral locust
#

Only for competing, also it’s up to 3 so might not be full enforced

#

Also if u get cut it’s usually p short

#

It’s mainly if u try and leave

#

U also have to sign an NDA to not say anything bad about them when u go

#

Idt sig class is that novel anymore, like js and omc are probably quite similar now

#

Esp since sig has had heads of education leave for other firms

#

And ex sig go to a lot of places, so sig curriculum is prob quite well known at this point

lost stratus
#

This doesnt say anything about teza not having a quant arm?

lost stratus
stable radish
long raft
#

They have like 20 employee or so 😂 (Not exact Number just picked a super low Number for visualisation reasons)

remote mural
#

hey everyone

#

any specific book/lecture recs for quant swe c++ based interviews

#

wanna read in depth about virtual memory, processes, etc

#

thanks in advance

quasi orbit
#

i heard theres a green book r smth

remote mural
#

a green book?

nocturne estuary
#

Should be pinned

#

Green book is only for quant research and trader questions

#

Not that useful for SWE

remote mural
#

yeah, i see some stuff thanks

lost stratus
lost stratus
fast gazelle
#

all ik about ansatz is they sponsor cppcon

#

so they're based in my book

quasi orbit
#

are there any trading firms besides like citadel that do off season?

shell gazelle
quasi orbit
#

does jump do offseason?

nocturne estuary
#

Supposedly

#

But Jump is Jump so

quasi orbit
#

idk what that means

nocturne estuary
#

I dunno their interviews are hard to get it seems

#

They do a lot of their recruiting through private dinners

floral locust
#

HRT HRT HRT HRT HRT

scenic bison
#

HRT HRT HRT HRT HRT

obtuse flame
stark crow
quasi orbit
#

arent most of these like, u get an offer for the summer then push it back?

nocturne estuary
limpid nacelle
obtuse flame
nocturne estuary
#

Oh huh

#

Interesting

#

But this is a recent development rigjt

#

Last year it was coop only I think

scenic bison
limpid nacelle
#

Did he bag js and hrt?

scenic bison
#

he got like 30 offers

#

not but next year prayge

limpid nacelle
#

Did he match with a G team?

scenic bison
#

team match started like a week ago iirc

limpid nacelle
#

For winter?

#

Waz

#

Or summer

scenic bison
#

he moved to summer

limpid nacelle
#

Ic

grand crater
#

anyone do optiver zyvo? getting 71/80 for the 80in8 on practice sites but bugging out about other parts lo

#

numberlogic is pure sequences from what im reading, is it only predict the last num?

#

oh cool lmao

long raft
grand crater
#

this too is most similar to optiver according to 1point3acres and reddit lol

#

@blissful kite worth it to grind sequences on rfq??

#

word im mad late to these lol i threw apps at every firm past week with refs at opti and two sig

#

does a ref at two sig help btw?

#

idk shit about quant

#

imma phd student lmfao

#

this is all for intern too

#

i did trading for most, AI research science for two sig

#

oh word?

#

yo for the zyvo can you take breaks?

#

like can i do the 80in8 tmrrow, leave the rest for monday

#

shit word ok haha guess ill block all afternoon tmrrow lol

#

how was beat the odds game

#

ez stats or hard?

#

the prob theory game

#

yeah my friend there said imma get fucked if i make it to technical

#

hahahaha

faint moon
#

the one you get when you score high

long raft
#

Is Quant trader OA Auto?

floral locust
#

Valkyrie intern -> js intern -> alameda trader -> unemployed

bright flame
#

citadel securities intern -> depression

quasi orbit
floral locust
#

Idk this is a fake example

floral locust
long raft
#

Hahaha I remember that After seeing the OA I knew that trading isn’t smth For me. I prefer SWE more 😂

#

People who are Good at this Kind of stuff are really talented. Haha I admire them For that

bright flame
#

agree

#

traders are too smart... 🥺

floral locust
grand crater
bright flame
#

wym you passed OS

#

💯

grand crater
#

All I do is python ML for my phd

#

💀

floral locust
#

Pandas goes brrrrrr

long raft
floral locust
bright flame
#

nah u knew ur shit already

floral locust
#

I literally did not

grand crater
floral locust
#

I had 1 hour Lolol

grand crater
#

My homie who was former hrt wizard at pandas

floral locust
#

A lot of qr places do

floral locust
#

Jump is also p pandas heavy

#

Didn’t aqr hire one of the pandas contributors or smth like that

grand crater
#

Wanted to do category theory research somehow stumbled into NLP

floral locust
#

Based

#

That’s sick

grand crater
#

But all his friends there are partners there or higher rn

#

Racking in god knows how much lmfao

floral locust
#

Oh that’s p fast track to partner

grand crater
#

While we on our peasant phd stipends

long raft
grand crater
#

I know basic ling, its good to know but not necessary at all

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I do more NLP/ml stuff but the ling knowledge really helps

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And understanding the linguistic phenomena youre tryna experiment with/ the corpora you deal with

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I specifically work on event factuality prediction so basically how much are the authors of a text committed to the truth of a statement and the agents mentioned in text

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So it’s factuality from the presentation of the author/ppl in text, not real world

long raft
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Yeah makes sense. Because I recently read a paper about using ontologies for NLP (basically exploring the Knowledge Graph For contextual reasons) and didnt really saw a Connection to linguistics and was really Supriesed