quants-n-traders

[quasi orbit]

I feel like for smaller shops u do a lot more low level

more establish firms are more higher level stuff

like millennium even has a cloud for some fucking reason

[final forge]

I've only been at one firm I wouldn't be able to say.

[quasi orbit]

millennium cloud about to overtake azure

[final forge]

oh having cloud stuff 100% makes sense, u need a research platform to backtest strategies, do data analysis, etc etc

[barren steeple]

idkk mcuh about anyting, but during my google mtch call the dude said like need linux kernel, dist systems and os knowledge

[rose holly]

Idk how that has anything to do with trading

[quasi orbit]

Yeah but mostl other firms don’t

[final forge]

random kernel os knowledge is probably useful is the auxiliary "when will linux fuck me if I'm not paying attention" type way

^^

idk what u mean by "cloud" but trust they all need research platforms

[quasi orbit]

Oh rly

I get the research platform stuff

[final forge]

they're quant they have a fuck ton of data and need to make sure they're doing sane stuff

[quasi orbit]

but millennium cloud seems like some ibm cloud type shit to me

[final forge]

idk what millennium does

but yea what EURUSD said, any firm that isn't like a single dude needs to have people to make/use/support a research platform

having ur own servers is also not uncommon, organized to .. very varying degrees

I mean non trading servers

ofc they all have colo'd trading servers

why do u think like half of em are in chicago smh

gotta love it

sp futures are a commodity right?

[barren steeple]

@quiet meadow can u answer me dms kind sir

[final forge]

that actually struck me as odd, unless it's like half duplex, if everyone operates on the same delay how much are you really preventing

[floral locust]

Getco

[final forge]

actually my take is dumb, that makes it harder

also trust exchanges do their own stuff and take their time

ya ur rite

right-ish like makes me want to ask the quants how fucky it is

too bad I don't actually know the quants very well

actually now that I think about it, it's def a limitation tho one that probably inspires some more work to work around it lol. probably also stuff I shouldn't say publicly even if it's obvious

grammar terrible slightly fixed lol

[lost stratus]

Are there any firms that have seperate hiring processes for resesrch infra /eng

What can it be instead?

[final forge]

my co hires non core/quant/traading swes, I imagine it's not uncommon

[quasi orbit]

Doesn’t infra fall under awry

see

Swe

Oh like DevOps?

[final forge]

https://youtu.be/9GjqdP6KSOE?t=18 infra to me

[winged aurora]

infra like low level networking or hardware chips like FPGA

devops usually is related to things like cloud and pipeline automation

[quasi orbit]

Most places just call them SWE tho

[final forge]

Fpga engineering seems hella cool

No idea what they actually do day to day tho

ya ik they do hdl but that’s about it

they make the first step in the money printer line

Or last step depending on perspective idk

something something trade secrets just be smarter 5head

[lost stratus]

are you qualified for every single role a quant firm has

[barren steeple]

did u try

if u love low leve stuff

and are so good with it

shouldnt it be esy for u to get

[lost stratus]

hes good with everything tho

[barren steeple]

o

[final forge]

idk bro calling shit easy ¯_(ツ)_/¯

[quasi orbit]

I’m just confused why don’t you do tech stuff ur interested in rather than doing tech to get into quant

[final forge]

I may have made different choices in retrospect

ur a math nerd or smth right?

[lost stratus]

Eurusd isnt trying for quant, quant tries for Eurusd

[rose holly]

Hey what’s up

[final forge]

insomnia

[quasi orbit]

Oh not you I meant @barren steeple

[rose holly]

Tf do you mean

I have to wake up at 6 am

For school

Fuck

2 hour 50 min

This is my normal sleep schedule

Ever since quarantine ended

[final forge]

woulda swore that was you :susge:

idk how u survive like that homie

[dense canopy]

whats harder?

[rose holly]

Some nights I grind hard on personal projects but other nights I just waste time on phone

And in school I sleep through like half the classes

[final forge]

Oh fair enough ig. I have to be awake and earning my wage soon enough so peace out nerds

[dense canopy]

y

2sigma tc is relative to faang

not always true

[final forge]

Down side “”contractually obligated”” to be there during trading hours even tho I usually don’t actually have to be

[quasi orbit]

I think I’m gonna start my own firm to trade Robyn

Robux

[dense canopy]

What’s new grad tc for two sigma?

[barren steeple]

i have no specific interstes as I have like 0 exp

need to try things

idk what i want to do

but lowlevel shit seems kinda aids ngl

distributed systems stuff seems cool tho

[quasi orbit]

bruh ur resume is stacked tho

wait did I talk to u abt this alr

I forgot

[barren steeple]

no idk but past internshops i did nothing baically

[quasi orbit]

Even at nvidia?

[barren steeple]

yes

[dense canopy]

Is that even possible?

Really? Which firm?

[tulip sapphire]

i thought that's just with extensive negotiation that no one has actually been able to confirm except with banh as a source?

2s legit released an article saying they are lowering comp and devs cant expect to be making so much

my friend had a cit return offer and 2s nego did not match up at all to it

even after nego it didnt break anywhere close to 400k

[rose holly]

eh depends on team

google brain or ML >>

prestige is what a lot of people want

[tulip sapphire]

oh

i didnt see that on their site

for base

nyc transparency laws

ya that checks out

ik their senior swe role has a base from 160-300k with much higher bonuses

[broken thorn]

slightly related but i heard this is so they can pay quants less when they are in a down year

wait does performance bonus mean based on your performance (i thought this is what it meant) or the firms performance

[tulip sapphire]

Professor who works part time at the firm? Probs common for firms close to universities and comp is different as they teach + research in academia on the side

[broken thorn]

academic means they just came from phd/academia i think

[tulip sapphire]

Yeah or phd/Postdoc with additional experience ⇒ higher offer

[tulip sapphire]

Is this QR? @forest cobalt

I don’t think you need stats for swe

But for QR I would consider it very important

[final forge]

super duper both. firm don’t make money u don’t get money. my bonus pool is allocated based on firm pnl which I’d assume is the norm

[broken thorn]

if the firm doesnt make money they should get series h funding and use it to hire better quants

[floral locust]

U can’t rly compare them it just depends on someone’s utility function

[cloud spear]

just gotta be good tbh, do big personal projects, win hackathons, math competitions, etc., and get good internships to build up to them

you can also look up on linkedin

people from your school at quants

and see how they built up to it

o

idk about qr/qt

qr is like super tryhard from what I know

yeah... from my knowledge qr is usually math phd folk

unless you have exceptional research or something undergrad

🤷 any reason you're particularly gung ho on qr

[lost stratus]

Do you not want to do swe @ quant firm?

[cloud spear]

^

I think there are undergrad people who do qt right?

[floral locust]

Slow day at the office?

[shell gazelle]

Most qt people are undergrads

[cloud spear]

ok that's what I thought

maybe he just likes math?

oh

I misread that

interesting

[lost stratus]

Swe internships at faang or fintech or other quant places can get you an interview at bigger / well known quant firms

[cloud spear]

tbh it might be worth trying to connect w/ people on linkedin from your school who achieved the path you're interested in

and ask them

even tho they wont answer most of the time

nice

gl for me I've been ghosted so many times on linkedin when trying to connect lmao

[broken thorn]

if someone gets fired 6 minths into QT job what happens

do they get good severance

or just left with a 6 month lease and no income

that is less than nyc rent

unless the mcdonalds pays 30/hr post tax

[dense canopy]

Hdyk???

[cloud spear]

^

just look up people working at quants

[floral locust]

Normally there’s some noncompete paid time

[cloud spear]

good amount interned at places like google, meta, bb, etc.

[floral locust]

And then u recruit

[dense canopy]

Wdym

[lost stratus]

from looking at what other people in this server did + talking to recruiters/managers

[floral locust]

Hello

[cloud spear]

is that a thing

[floral locust]

Im trying lol

[cloud spear]

I feel like the pipeline would be amazon -> citadel

[floral locust]

Nyc firms hard

[dense canopy]

Yo respond Devg

[cloud spear]

every school has their chosen one

here's my cracked guy

https://www.linkedin.com/in/ericliuche/

[broken thorn]

so u get put on full salary noncompete if u get fired?

w/o bonus off

[floral locust]

Uh normally just base

[broken thorn]

ofc

[floral locust]

Cit is more than base

[broken thorn]

thsts crazy thi

[final forge]

They’re not (usually) obligated to, but I’d assume it’s the norm

[cloud spear]

this man's like my school's once in a decade genius

[broken thorn]

optimal life is to get quant and let urself get fired every 5 years

then use the 200k to live like a king in another country

[cloud spear]

so true

[floral locust]

Just do swe

Also it’s a red flag after like 2 firms

[cloud spear]

so true

btw anyone know why majority of swe at HRT seem to be algo engineers and not standard swe?

[broken thorn]

do swe full time but get a qt job every 5 years

[cloud spear]

hrt has swe and algo engineer listed as separate roles, but all the hrt swe people I see on linkedin seem to specifically get in as algo engineers

and not general swe

[broken thorn]

r/overemployed but only working 1 job at a time

[floral locust]

If u work u don’t get paid nc

If u lie about no job and work and get nc that’s fraud

[broken thorn]

just work poorly

sandbag ur trades

[floral locust]

When ur recruiting for exp hire u have to show ur sharpe

Also

Small industry

[broken thorn]

"oh that was the buy button? i thought it was the sell button"

[floral locust]

And people talk lol

Most people know power is super high variance

[barren steeple]

thers a way more cracked berkely guy who went ot my highschool

[floral locust]

Some dude blew out at cit and just joined drw after

[barren steeple]

https://www.linkedin.com/in/sahilpatelsp/

this guy insane

[steel heron]

EECS

[barren steeple]

fro my hs

[floral locust]

Oh I had lunch with him a few weeks ago

And then we got super high

[barren steeple]

lol are u at jump devg

[floral locust]

No

[broken thorn]

amazon->hrt, we are all gonna make it

[floral locust]

I was in chi and we had mutuals

[barren steeple]

oh

devg are u full time

[floral locust]

I’m unemployed

[barren steeple]

but u were right

[broken thorn]

is ML strongly related to quant research or is it just two paths cracked people are capable of

[barren steeple]

how work life like in quant space @floral locust

as a fulltime

do u get a lot of freetime still

[floral locust]

He was mainly between jump and citsec qr

Idk I’m unemployed

[broken thorn]

does alameda give you base salary noncompete pay

[floral locust]

QR doesn’t seem too bad tho

[broken thorn]

in ftt tokens

[floral locust]

There is no noncompete

Yea he failed hrt

They gave him some insane probability and math Q’s

[broken thorn]

shoulda studied more geometry smh

[floral locust]

Glgl @rose holly HRT ft process 😈😈😈

60

[barren steeple]

i thot hrt was esay return

[broken thorn]

i hrt hrt

[hasty hill]

Dont use that word here please, for trigger warning reasons

@barren steeple thanks

[dense canopy]

Oh wow so recruiters come firmed it as well?

[lost stratus]

yeah

[lost stratus]

for example citadel recruiter reached out because he saw coinbase and a trading project on resume because its finacial related

[dense canopy]

Can I dm?

Accept my friend request I can’t dm

[floral locust]

HRT HRT HRT HRT HRT

would they let u intern as core?

[dim spade]

how is citsec swe interview?

is it c++ trivia?

[lost stratus]

isnt it resume dependent

[barren steeple]

put jane street above citsec

so that it looks cleaner on ur profile

ugly

[dim spade]

makes sense i guess

[floral locust]

Free dinners

Radix

[hasty hill]

[lost stratus]

stuy

[nocturne estuary]

wait is that actually you

[hallow shoal]

n3 and emperor ice both stuy alum ?

[rose holly]

is it weird to interview w haskell

[hasty hill]

Yeah bro what are u, a 50yr old math phd

[rose holly]

i cant seem to switch back to imperative languages after my functional lang course

[rose holly]

it’s just too good

i need me semi functional language

[long raft]

Scala 😂

[rose holly]

no

sucks ass

i hate anything jvm related

[hasty hill]

Rust

😈

[rose holly]

sigh

i knew

I KNEW IT

writing rust is a bit tiring

we covered rust in my func lang course too

and it was just not that fun to write with

[long raft]

My prof only wanted to use Haskell… 1 semester Haskell hardcore mode 🥲

[rose holly]

probs a haskell god now tho

[long raft]

Actually I didn’t mind using Haskell was fun to see other programming Paradigmas but I like my imperative languages with a touch of functional programming 😂

[rose holly]

ya thats exactly what im feeling rn

[long raft]

Hahaha no 😂 forgot everything right after the exam (which was on paper)

[rose holly]

[hasty hill]

This is how it is. You will never have a language that is

• uber correct and performant
• easy to read
• easy to write

Rust is first 2

[long raft]

I know you don’t like jvm stuff but there are a lot of good ones out there that merge the concepts. Worst case you can go the F# route

[rose holly]

cant have shit

[rose holly]

sure, ill give f# a go

[long raft]

But we are currently in the golden age of programming languages 😂 if you don’t like what’s out there just create your own language 😂

DraightFunc - combines the best functional with the best of imperative

[rose holly]

and performant

[long raft]

Don’t forget to add “blazingly fast” ofc “perfect for low latency high frequency trading applications”

[cloud spear]

Easy to read sounds cap tbh

[rose holly]

no its not too hard to read

as long as u dont get lifetimes invovled

lifetimes make the code so ugly

[hasty hill]

Kind of is cap yeah

Once u learn how the lang works it sort of is tho

[long raft]

I think nothing is easy to read than python 🤔

[nocturne estuary]

He’s not our year tho, so I only know of him really, haven’t spoken to him much

[floral locust]

I thought we were comparing FAANG

[nocturne estuary]

BOERBOEL TRADING

[lost stratus]

What about it

[nocturne estuary]

Boerboel is now recognized by my phone keyboard because of this stupid channel

Not yet but we have to change that

Whalur

Boerboel vs Whalur

[lost stratus]

Eschaton Trading (https://www.eschatontrading.com/)

QRT > HRT ?

[nocturne estuary]

Okay I’m not doing that

[lost stratus]

Like based on how many people are on linkedin from there?

[nocturne estuary]

This dude really thought he was smart enough to start a trading firm

After 2 years out of low top firms

[lost stratus]

Nah its based in chicago

[nocturne estuary]

Legend firm

Might be better than Thrive Capital

[lost stratus]

https://www.linkedin.com/company/dl-trading-io/

https://www.dltrading.io/

DL Trading develops algorithms to trade all major US sports

is this a real firm lol

would this have good resume value

I did

but idk what to think of it

im still asking tho

okay what do you think

suspicious in what way?

[final forge]

unironically impressive that they started a trading firm that hasn't immediately went belly up

https://www.cmegroup.com/trading/agricultural/agricultural-options-rfc-contact-directory.html#livestockOptions

wait they're actually a MM for livestock options on CME wtf

sorry I meant Eschaton

[lost stratus]

wait how did you come across this lol

[final forge]

google

true!

??? stats + computer -> money for some reason

[dapper iris]

lmfao dl trading im actually dead 😂

[shell gazelle]

Work at Radix

[lost stratus]

didn't' pass resume screen

[shell gazelle]

Why not?

[static musk]

dl trading seems decent their founder is supposedly a successful trader but not sure how good they are in terms of tc

[lost stratus]

resume rejected

[lost stratus]

idk lack of trading firm exp or FT exp is the most explanation i got when responding to those emails

I didn't prep for qt

what big tech is hiring

trying to get interviews at any quant firm

what would you say is the minimum time needed to prep for qt

is it possible to do it in less than aweek or day

what are the skills

[dapper iris]

tell me how dl trading is

im tryna join

[lost stratus]

no i mean what specifically takes months, besides going thorugh green book

like could I just read green book in a couple of days and be done

what does priced in mean

[shell gazelle]

Where did this obsession with quant come from?

[steel heron]

everything has been priced in

[dapper iris]

dl trading is my dream job…

if someone gets in refer me pls…

u guys dont even know…

[steel heron]

your application to boerboel has been priced in

[dapper iris]

do u guys know my idol…

no its radix simp…

[steel heron]

my buddy eric got in with only 5

zhang

[dapper iris]

theres a reason why ones my dream job…

[lost stratus]

Wait so if I read it in a couple of days and then can answer every question without looking at the solution would that still be considered preped enough

[steel heron]

well you wouldnt be able to in a couple of days

[lost stratus]

Not an advanced one

Okay but then if i do go thru green book how, after that how do i tell if i need more prep or not

But i dont want to spend forever on it, how would I optimize it for time

[steel heron]

read it rn ?

[lost stratus]

Prefer to work ft first too

[dapper iris]

?

[steel heron]

why not start reading it rn

its better than being on discord

for preparing

idk shit but im pretty confident about that

[dapper iris]

i think applying to more firms is the best approach

[dim spade]

if u applied to all of them then u need a new approach

[dapper iris]

like surely u gotta get into one of them right

[dim spade]

do a mock interview like people suggested

[dapper iris]

there’s just no way?

[dim spade]

and see where you need to improve

[lost stratus]

Okay how else can i find out

[dim spade]

bro mock is literally ur best option

are u doing qt or swe?

[lost stratus]

Okay what are other optioms if not best

[lost stratus]

Swe but everyone says prep for qt so im asking how to gauge progress

[dim spade]

cold emailing all firms won't help u anymore lmao

[lost stratus]

Okay

[dim spade]

dont do green book if ur doing swe lol

[lost stratus]

Do you hve an estimated time you think is a good target

[dapper iris]

1 year

[steel heron]

at least 2

[dim spade]

lmao

[dapper iris]

surely…

[floral locust]

Snowstorm

[dapper iris]

im an hr from home

[floral locust]

Why so toxic? Didn’t you have to go back for a 5th year cause you couldn’t get any good offers?

[dapper iris]

trip was aids tho

[floral locust]

At least it’s warm

I just typed it, it’s diff wording than original probably

[steel heron]

how do i prepare to get this wpm?

[lost stratus]

Why is that bad explain pls @rose holly

[steel heron]

the first one?

[dapper iris]

i was there…

[steel heron]

there are the hard spin offs

[floral locust]

Fu @smoky sage

How’s meta stock?

I can do it now

I actually have to LC for these qr interviews smh

HRT HRT HRT HRT HRT

Back to optiver

Exp hire

They upped base to 175

[dapper iris]

??

[floral locust]

??

[final forge]

how could that possibly be better than fb jfc

unless optiver is actually a winter wonderland or smth

[dense canopy]

Why?

Wdym

Why?

NGMI

What about it though?

Dang

How bad are you talking about?

Why are we talking about google in this chat lol

They pay less than Amazon?

Levels says otherwise

What do you want from me

Yeah at the beginning

is DL trading hot or not?

r u ok @opaque abyss

You lack critical thinking skills

Lies

Google is a great company

It’s terrible?

Google doesn’t pay less than Amazon

U didn’t get return offer?

No company is perfect

That’s why you’re salty?

Didn’t you do google for ng, how are you in project matching?

That’s why you gotta find a competing offer, to negotiate?

[barren steeple]

i mean new grad google pay is > new grad amazon

the standard new grad google offer is higher than amazon

lol

[dense canopy]

You tryna get return offer

Bruh every tech company is doing bad rn

DL is deep learning?

We are under a tech recession

So many layoffs

For intern?

So google is a bad company?

Since they lowball

And have a new system

Why did you delete

The new rating system

Whyyyyyy

@quiet meadow

Why you deleting your messages

[barren steeple]

they might lowball external hires, but new grads have standardiez pay, so I still think its one of the best new grad tech companies

[dense canopy]

Bruh

[dense canopy]

Wb for intern return offer?

[barren steeple]

same as new grad

[dense canopy]

It isn’t

U didn’t respond to my reply bro

[barren steeple]

its like standard 220 fy 200 recurring with no negotiatioing, return interns and external new grads get same offer

ye can nego higher

but the standard

[dense canopy]

No it isn’t

[barren steeple]

is still solid

[dense canopy]

Without competing offer?

[barren steeple]

i thkn its 215 195?

[dense canopy]

Intern return offer is like 250-270k

[barren steeple]

no lol

[dense canopy]

Yes it is

I’ve talked to people

[barren steeple]

standard return is like 215/195 after

[dense canopy]

The intern sign in bonus is huge

After that year it decreases

Yes

Which is then?

[barren steeple]

standard pre negoatiaon new grad offer

220 fy

i told u bruh lol

about

[dense canopy]

Without competing offers?

[barren steeple]

yes

thats standard pre nego

[dense canopy]

Oh wow that’s good

[barren steeple]

for all new grads

[dense canopy]

No I’m saying

I can negotiate without having competing offers?

[barren steeple]

no

u need competings to nego higher

[dense canopy]

Depending on how well I did on interviews and intern

Oh ok

Fair

Which company is better than google

[barren steeple]

yeah i think to hit 250+ for google u need trading offers

[quasi orbit]

i thought google capped at 220

[dense canopy]

I would take trading over google any day

No

Amazon is low faang

Google and meta are high faang

[barren steeple]

imo within tech maybe roblox is better as far as public companies beause of pay, but if u can nego google higher def google is best i tihink

[dense canopy]

No it isn’t

Amazon has terrible wlb

Why does levels have it lower than google

Amazon is terrible

[barren steeple]

no thats the base offer, i tihnk highest ive seen is like 300 fy, but the person got vouched for by a diretory + hrt competing offer

[dense canopy]

You just bias

Amazon is terrible

[quasi orbit]

idk

idt id take big tech

i think id get bored

[barren steeple]

ye for like 99.9%

[quasi orbit]

i need an environment where i can snort cocaine without needing to hide in the bathroom

[barren steeple]

eursud got 700k google new grad

[dense canopy]

Would you rather be a quant or a swe?

Which job then?

[barren steeple]

no

leav

ye i def want to move to management afer lik 4-6 yoe become a swe manager

[dense canopy]

Ai is gonna take all our jobs in tech and quant finance

[hardy stratus]

How bad?

[quasi orbit]

i think recruiting seems p fun

[dense canopy]

You like job or school more? Which is more stressful?

[barren steeple]

ye its too easy tho

[quasi orbit]

i think u need to be in a sorority tho

otherwise they auto reject

[dense canopy]

Which you like better?

[barren steeple]

i just need meta to open and if i can get that, ill have completed faang this year

just for fun

stfu

u fucking ai

ye

N was proabbly easiest

other than zon

https://tenor.com/view/minion-but-despicable-me-pool-swim-gif-16227921

yes im gonna intens summre ater senior year

[dense canopy]

Quant firm?

[barren steeple]

yes

[dense canopy]

Which one?

[barren steeple]

given i can get one, but I think probability is fairly high

summer 2024

so ill recurit or them next fall

[fast gazelle]

clitadel

[barren steeple]

i wont apply to cit

[fast gazelle]

sig best firm

[barren steeple]

im blocking u capricorn ur annoying a shit

[fast gazelle]

3 year noncompete

[dense canopy]

Bruh

I didn’t even do anything

But whatevs idrc

I was just asking because I’m interested in doing that, but if you wanna take offense in that go ahead I guess

[quasi orbit]

do quants have the thing where you have to go back to school for a sem after an internship?

[tulip sapphire]

Radix also has mainly Chicago offices right (though ig they have some nyc asw)

Radix simp when he gets radix offer but it's not in nyc :deaadge;

[dense canopy]

They don’t hire new grad traders that’s why

[dense canopy]

U know any others?

[tulip sapphire]

Ansatz? Whalur? Radix?

or are they too small to mention

[tulip sapphire]

https://www.reddit.com/r/quant/comments/zrz061/stat_arb_just_published_a_tweet_thread_on/?utm_source=share

Lmao

[long raft]

For quant internships you have provide a recent transcript at your start date and if you couldn’t hold your GPA or improve they fire you!

[final forge]

got an A- that’s definitely why I work at a shitfirm

[nocturne estuary]

Check out this post! "Niche Quantitative Trading Firms? (Finance Industry)"
https://us.teamblind.com/s/PinUooSd

@lost stratus this you?

[lost stratus]

Blind is like mostly anonymous anyways why are you asking?

And how did you find that already

[nocturne estuary]

There’s no way omg

I was just joking cause no one else talks about these firms

I’m literally on vacation right now and I opened blind at this Mexican restaurant

[final forge]

This is the best thing I’ve seen all day god bless you

[nocturne estuary]

And I see boerboel

[lost stratus]

Pls like my post so i can get more traction 🙏

[dense canopy]

Anyone know two sigma qr new grad tc?

[lost stratus]

What did he put

@rose holly why did you tag me

If you think its me it is likely me ¯_(ツ)_/¯

[lost stratus]

Okay

[hasty hill]

if anybody doxxes anybody i will dox u

then ban

then call ur mum

and dox u to her

[broken thorn]

@rose holly

[rose holly]

Bruh

[floral locust]

Tiger Global -> open family office -> do a little bit of market manipulation

wtf

they're different?

tiger management aum per capital is nuts wtf

sm?

so are the sm's are just printing then?

[sand willow]

how fucked are you with bad cs grades but good math grades

[nocturne estuary]

Only for Citadel

Pretty sure most companies don’t care about grades

[limpid nacelle]

It's a proxy like leetcode

doesn't mean that the proxy is good

[nocturne estuary]

But most companies don’t care anyways

My GPA isn’t high

[limpid nacelle]

Some do

most don't

most quant firms do

[nocturne estuary]

I don’t think most quant firms do tho

Not the good ones even

[broken thorn]

what is it

[nocturne estuary]

3.5ish to 3.6

[floral locust]

Sig cares

Cit has rejected people with hrt or js internships with lowish gpa lol

[nocturne estuary]

Oh hm

Yeah I feel like my GPA isn’t high enough to compete with real Citadel people

[lost stratus]

https://www.greenkeypartners.io/

https://www.linkedin.com/company/green-key-partners/

found another small quant firm, seems to be crypto based

[broken thorn]

what about radix

[floral locust]

They judge ur transcript p hard

Idk how much weight they put into gpa but they def put weight into the classes you’ve taken

[lost stratus]

writing sample

[dense canopy]

No they don’t

[floral locust]

Nah

For swe?

[dense canopy]

They care for swe

[floral locust]

The desco writing sample

[dense canopy]

You’re wrong about sig bro

[floral locust]

Wtfff

Oh yea u told me

[dense canopy]

Who cares?

No

As long as I have a 3.5 I’m good for the companies that care about gpa?

Wb for qt?

I guess

[lost stratus]

what firms hires with 0 exp

[dapper iris]

a lot

[lost stratus]

which ones?

[floral locust]

Idt they hire that many sophomores

Oh that’s weird then

[lost stratus]

oh ok

wait are you talking about target school + non swe role

[floral locust]

Did u go home yet?

[dapper iris]

yeah

[floral locust]

Nice

[dapper iris]

its -8 F there rn LMAO

[floral locust]

Better weather I hope

wtf

[dapper iris]

-30 F wind chill

[floral locust]

Aren’t u guys supposed to be tropical

[dapper iris]

ohh no at home its like 71 F rn

[floral locust]

Oh yea we’re so cold, also snowstorm tomorrow

[dapper iris]

yeah it hit chi yesterday and today i think

[dense canopy]

I miss read what you wrote

A guy from my school got into cit with 3.55 gpa

And I go to a low rank school

3.5 and I’m good I guess

Even for hrt?

Idt hrt cared about schools

Wb 3.5 rounded?

[sand willow]

so like

3.7 w/ amazon

is fine

as a rising soph?

with a C in func and B in systems?

???

idk

sorry

[dense canopy]

?

[dapper iris]

gpa is not a hard requirement

[dense canopy]

@floral locust yo respond

[floral locust]

-> HAIL prompt engineering summer internship project

[sand willow]

does transcript not look bad

[dapper iris]

and no one can answer u lol

[sand willow]

fair

[dapper iris]

i had a 3.3

and i got interviews from just abt everywhere

[dense canopy]

@forest cobalt

Why did you say this then lmao

And hdyk that

So 3.5 with good experience should definitely pass

[dapper iris]

what yr are u

[final forge]

I did ED to cornhell and didn't even get in

lmao dodged a bullet straight into the grand canyon maybe

[pliant wind]

damn bro

[dapper iris]

the questions you're asking give me the impression that you're either in hs or straight out of hs lol

[final forge]

[faint moon]

🌽 🇱

tenure track at princeton with faculty housing

[final forge]

imagine having choices

wtf even is grade inflation, shit seems hard to compare. have you ever considered h/y students are just genetically superior specimens to a steadily increasing degree overtime?

[floral locust]

Only rank ivies by wlb

[final forge]

just realized I got rejected from the amazon of ivies and amazon of trading

cit

yes

my interviews were mostly p easy, like lc med, resume stuff, random sys design

probably did mid on sys design and got rej

and yea I get the impression it's very high var literally whatever the interviewer feels like

would have rather got a hard interview with margin for error tbh

[floral locust]

Who would be meta?

[final forge]

I never got asked at the 3 places I interviewed at (swe)

[hallow shoal]

I got one bitwise Optimization. Shared Pointers from c++ and a leetcode med. I think it is quite random.

doesn't everyone get same questions LOL

[quasi orbit]

I think for phone yea

[hallow shoal]

not only for phone lol. I heard ppl got same questions for final too. At least from the couple data points including me.

[rose holly]

What would be Microsoft?

Apple = upenn?

Microsoft = ???

[dim spade]

rentech

[final forge]

ik my firm only lets top performers invest

[dim spade]

lmao really?

[final forge]

yuh

ilu2 chae ❤️

[dim spade]

it's like the whole thing about rentech, the medallion fund

60% returns yearly or something

[final forge]

unironically probably won't stay around long enough to invest anyway

WLB/pay not great

what an absolute chonker

no shot that's a pure corgi

[dim spade]

corgi sheperd

looks like a german sheperd with the body of a corgi

[final forge]

I kinda hate corgis, but I kinda love that absolute unit of one lmao

idk just think they look silly

have a shibe he's a great asshole

[long raft]

What companies do deferred comp/bonus?

[final forge]

he ate my walls as a puppy

bro I love my shibe but he's too high maintenance

high energy + don't listen to you at all

[long raft]

The love you get is priceless 🥰

[whole abyss]

Hey everyone, did anyone heard about wallstreetquants bootcamp? If yes, can you let me know how it is?

[sour python]

im down 60k from last tuesday on options

[hallow shoal]

yeh. maybe thats why its so hard to get into HRT when everything is the same

[sour python]

semis are shitting

[final forge]

Thank u for ur donation

[sour python]

i was at 100k

now im at 40k

🙂

its ok

santa rally coming

im flat on the trade

considered exiting today, but hoping for a santa rally

head of risk management

buy soxl

[final forge]

fuck I need to talk to management and convince them that degenerate options would be a great money maker

[lost stratus]

why do you say that

[floral locust]

Adverse selection

[sour python]

buy soxl

[hasty hill]

@lost stratus don't let people here bully you

you are legit

only yahkuna and i can be bullies

now pls let us upvote your blind post

effort be damned, he has results

i used to be a skeptic, cuz last time somebody had offers on his level i doubted and was right, it was cap

but i'm pretty sure he's legit

you guys hate too much lol

[final forge]

what results

[hasty hill]

honestly out of respect to his comments about privacy a while back + dox, i wont say in his place

but IIRC he's up there lol

i just remember a couple people verifying to me

[final forge]

I mean ik his internship history I'm js if he's unemployed smth's not right

I don't think he was there at the time in which it was rough

low tier quant swe does not seem any harder than random tech swe from my pov

[lost stratus]

I would take meta nyc if I had it, i was on a dist systems team so it would be worth until i could land a good quant firm

[hasty hill]

Yeah this is what i'm getting at, based on

• his proven history
• his comment history (benign and helpful)

He gets too much shit

If this year is diff or he hasn't disclosed things, that's not something to press him about

[final forge]

not trying to attack him personally, yea he's not an asshole like some other folk that have come and gone

[hasty hill]

cuz quant convos get a lot of elitism here so i'm trying to end it lol

i don't care if ur toxic to assholes

but sometimes people go hard on good ppl

[final forge]

idk trading dumb don't understand why anyone would care except "bigger number". small tech firms have small/high impact teams. trading swe has boring/low impact teams

[hasty hill]

well apparently these places are so small/lowkey, there is no way of saying it's bad place to work lol

the reason i mentioned his prior history is cuz he has confirmed offer from legit upper tier place

so it's not cope/bad decision making

it might be but i wouldn't get this impression

[final forge]

ng? wait he's willingly unemployed? huh

[hasty hill]

nah i think it's all intern type stuff

[final forge]

oh ok

because being willfully unemployed is actually chad

+100 respect for not being a wagie

voluntary NEETs are superior human specimens

^^also that ngl

[floral locust]

et ceteris paribus

[sand willow]

aight my prof is not helping 😭

am I fucked after w/ 3.7 after freshman year

with a b and a c in systems and functional programming

[hasty hill]

yeah this is never gonna go away unfortunately, but the issue is that quant kids don't share resources or they are all edge lords online lol

it's particular to quant

not cs majors, they don't have this problem generally

swe at quant, i mean

both them and actual quants

But honestly you should blame people who graduate more. They already got the bag and won't share with people who are still in school.

They get their bread and leave you in the dust.

It just stands out because the rest of tech is not like this.

Nobody cares about hoarding resources in tech.

[sand willow]

fr

hmm

[hasty hill]

Nobody puts in 10% of the effort of this for quant kids

no good github repos etc

ur right but it's a matter of compiling resources, one well curated github is really all you guys need

[final forge]

shout out to blog post advertiser

[hasty hill]

but it would take like 15 big minds coming together

[final forge]

from my pov there is very little role overlap for knowledge from my pov

my firm is sufficiently silo'd that I doubt 90% of swes know what qr/qt is even doing

[hasty hill]

cuz look it really wouldn't take more than 5 big minds in quant to invest 5 hours of works into an amazing repo or blog

but it will never happen

the expertise is very fragmented

[final forge]

"do green book" lmao idk shit about qt/qr

[hasty hill]

yeah it must stink to wanna enter actual QR/QT tbh and not be in a particular circle at particular schools

i'm just kinda ranting cuz tbh the field seems interesting / high paying even for swe but everyone is in the dark lol

the people who know never contribute

and tech is not like this

[final forge]

that's the thing for me is the number of opportunities that actually pay substantially more than tech is really small. from my pov the amount of talk and grinding for a a handful of opportunities is weird and dumb

[hasty hill]

very true

but this might also be a product of the elitism, there could be more opportunities out there or they are sparse among a few smaller firms

which would give everybody an accurate idea of the supply

i mean i did a jane street undergrad program and wasn't considered for their intern or new grad screens so i'm very aware of the school elitism, it happens lol

and it's fine if a guide said "if you don't go to top5 you're out of luck" cuz it is actually kinda true

but the principle of sharing resources should still be important

average public state with 40% drop out rate

yeah but i have talked w/other people who did the js things and a good chunk of us got screened out anyways despite being promised we would have a shot

[final forge]

I'm gonna go on a limb and say it's also related to the industry as a whole. prop trading firms are proprietary in nature, ur not supposed to go around talking about the exact nature of your work or how you make money

[long raft]

Can i dm?

[final forge]

yea idk what my legal responsibilities are, but I talk in extreme generalities about my work even with actual irl friends 😅

[hasty hill]

cuz like ideally what a master guide should accomplish is

• if you go to a bottom tier bottom feeder school
• but you have concrete steps from day 1 freshman year
• you can optimize breaking into quant, somehow someway at some level

[final forge]

don't want to get randomly legally cucked

[final forge]

I'm probably not gonna say anything in dms to you I wouldn't say publicly, ask here if you want ig

[hasty hill]

yeah my coworker just left to quant and he was in this boat lol

[final forge]

actually flying home today finally gonna see my boy :)

[long raft]

Ok! Does your company brings in any efforts to share knowledge between silos? Because if not this could lead to two Teams doing basically the same and wasting resources (in case both fail)

[final forge]

no, but the responsibilities of quant and swe are pretty distinct

I guess it's not really silo'd very much within the swe side itself

[rose holly]

qt is like being a sys admin

u just make sure everything goes smoothly

[rose holly]

source: qt friend

[long raft]

Oh I thought you meant there are also silos between different research teams or so. Not between swe and research. But between swe and Research makes more sense

[final forge]

gonna be real I literally don't know what QT vs QR at my firm even do

[long raft]

They secretly play dungeon and dragons 😂

[floral locust]

typically qt is some linear combination of qr and trader work and sometimes dev work

where you lie on the spectrum depends on firm needs and what u prefer to do

[dapper iris]

those that lose money

[final forge]

I mean there are teams I wouldn't want to work on at my firm, but depends on what you like to do and will be completely diff at diff firms

my team is quant adjacent, but that's not something I knew until after I worked for a few months.

diff team is more low level, probably would have liked it more, didn't know that when I was team matching.

other teams do nebulous framework stuff which I'm not into, but other people would probably like more (people who aren't into trading as much)

[dapper iris]

you can't most of the time it's gated

best you can do is ask around

[final forge]

swe you can probably tell what teams are more involved in trading and what teams are more involved with framework stuff, but idk how much it even matters

[dapper iris]

no?

[final forge]

or actually hm idk what data I can see

wouldn't know

[lost stratus]

which one of you is this 🤔

[dapper iris]

wow sbf knows radix simp

[broken thorn]

lmfao i love the unnecessary math in this sentence

[rose holly]

reject quant

do cybersec

[hasty hill]

Are these ur dogs

Can u not dox dogs

They have rights

[final forge]

embrace cringe

become happy

^end result of not embracing cringe

[floral locust]

Just don’t use discord and

[sand willow]

im dp[2][0]

[floral locust]

Just make a gacha game

And print

[final forge]

💰

[floral locust]

Make nekopara 2

[final forge]

if you need c++ devs lmk

goat

that is the end result of embracing cringe

[royal forge]

left guy looks familiar

who is that

[final forge]

role model

[royal forge]

might've mentored in a math camp i did a long time ago

not sure

nah it wasn't comp math, just a summer math camp for HS students

hosted by harvard undergrads

imagine doing comp math 😂

[final forge]

Ex comp programming sorry I’m a pleb

[royal forge]

actually?

😂

oh nice

elo?

guessing GM

[floral locust]

Did u get any moneys?

[stark crow]

Should’ve hopped on the val wagon

[floral locust]

Play league u can get money from schools team

[royal forge]

😂

[stark crow]

In an alternate universe I could’ve gone pro on val jumping from csgo

[final forge]

Val makes me want kms. Slow movement, requires thinking, and using util 💀

Click or be clicked, I don’t want none of these other bs mechanics smh

not even a cs player tho

[stark crow]

Tbf all the cs friends I’d play with at at least Diamond now on val

[final forge]

wtf is movement accuracy literally a scam

I have to stand still to shoot people???

Nerds won get out

Don’t play comp cuz I’m bad

[smoky fjord]

For SWE positions in quant firms, what do you need to prep? C++, low-level knowledge, LC?

[royal forge]

for next cycle i'm prepping CP, math, C++, OS, and networks.

[broken thorn]

quant qyant quant

hrt het het hrt hrty

@smoky fjord

[smoky fjord]

[smoky fjord]

what's CP

[royal forge]

competitive programming

https://usaco.guide/dashboard/

[broken thorn]

cuiper pbelt

[royal forge]

from what i've heard, pretty useful

[final forge]

Def learnable on your own. Not sure how many good courses there even are. Lots of good resources online

I was never asked math but low key might be useful to know a little if you are on a more trading facing position

Don’t really think it’s a prep thing tho

Just look and online resources and do problems

If ur looking for structure idk

[royal forge]

i've heard beej's is good for networks

[smoky fjord]

I’m graduating December 2022 and I just want the highest TC possible. Idc about WLB

[royal forge]

probably not

it could be a good place to practice cpp though

[smoky fjord]

Man I started Cpp a week ago and it’s pretty daunting. So much to learn

[final forge]

Not even a little

[royal forge]

maybe?

[final forge]

CP and LC have big overlap and it’s gonna vary by co. Gonna be real I don’t know how it’s like at many top cos. I’ve had C++ focused interviews, LC focused interviews, system design interviews

Probably not gonna get anywhere without some minimum level of LC skill tho so probably good top priority

[clear sparrow]

lc is a lot easier than cp

[smoky fjord]

Is SWE intern exp at a quant firm a must for swe ng quant?

[final forge]

¯_(ツ)_/¯ I did usaco which is basically just more complicated LC that requires more advanced ds&a

[final forge]

I didn’t have any. Didn’t get top tier quant either so ¯_(ツ)_/¯

[smoky fjord]

What firm is it if you don’t mind

Did you have faang swe intern exp?

Bet. Thanks!!!

[lyric loom]

[broken thorn]

boerboel?

[lost stratus]

he said mid tier

[broken thorn]

how the fuck does he appear whenever someone said boerboel

its like a Ouija

[royal forge]

also got mid tier in chi, still good though imo

what's ur prep look like for next cycle? @final forge

oh gg

[lyric loom]

[floral locust]

Optiver is mid now?

😮

[smoky fjord]

Ok. My resume is decent at best so it’s still a stretch but I want to shoot my shot for ng next year. Mid-tier firm is fine for me

[broken thorn]

is Akuna Matata?

[floral locust]

Akuna trades similarly

[broken thorn]

how do dutchmen trafe

[floral locust]

They don’t rly take risk

[broken thorn]

based

[final forge]

anyway idk tiers but pay is similar so prob

[floral locust]

And just try to do majority of volume and be fast

[broken thorn]

risk is dumb

just be fast

[floral locust]

Uh

[broken thorn]

make 100 iq decisions faster than they can

the plup of trading @hasty hill

[lost stratus]

is it mid tier as in the same tier as the firm you put you got an offer from in the # grad process channel?

[broken thorn]

idk

ask again

[royal forge]

you are omega based

@lost stratus where are you going this summer

[broken thorn]

radix

[lost stratus]

what does omega based mean and what does it mean here

[lost stratus]

idk im looking for FT stuff

[broken thorn]

omega based is the radix trading of adjectives

[royal forge]

it means you are bold to say that 😂

[royal forge]

dang u guys are old

😂

[lost stratus]

iv been on this server since summer of highschool end

[royal forge]

holy

[lost stratus]

this one? (i was told to remove the pic) (it was a citadel wannabe)

[lost stratus]

why am I bold to say that

[royal forge]

😂 😂 😂 😂

[royal forge]

because he said he didn't want to say

the firm

[royal forge]

should prob delete

😂

[final forge]

willnot confirm or deny tho I guess that confirms the tier where I ended up

[royal forge]

😂 😂 😂

its a good company

congrats

[rose holly]

BING CHILLIN
BING CHILLIN
BING CHILLIN
BING CHILLIN
BING CHILLIN

[limpid nacelle]

@split lintel

[languid galleon]

anyone know about this firm? https://mgnr.io/

[floral locust]

They went brokie after ftx

[lost stratus]

Why?

So if someone had a jump crypto or cumberland offer they should just not?

Wdym

[smoky fjord]

I would not work in a crypto firm rn lol

[lost stratus]

drw's crypto arm

but jump crypto by itself is a crypto firm

[rose holly]

pltr

[hasty hill]

@pearl spade

[final forge]

oh is jump crypto separate?

Jump Crypto, a division of the Jump Trading Group, is a global leader in web3 infrastructure development and investment
this sounds yikes, I wouldn't join this

[floral locust]

There’s like a 15-20% chance any particular crypto firm goes busto in a given year

Also trad fi forms don’t respect any crypt exp at all

Mainly wrt trading ig

Dev work idk

[lost stratus]

do you know of any specifically that did fail

@dapper iris @hazy marten why the react?

[final forge]

Ur asking for firms that he thinks will fail lmao

[lost stratus]

i edited my question

[final forge]

Alameda

[floral locust]

Wintermute

Ngmr

[dapper iris]

i reacted because I feel like there’s a very famous instance

That with how much research you do you should likely have heard of

[lost stratus]

well yeah but i meant besides the very very well known ones