#quants-n-traders
1 messages · Page 17 of 1
Like you won’t have any more internships after that
How can they enforce that
Word of honor kinda
Is this by applying for winter or applying summer and moving to winter?
If you’re gonna have a summer internship it’s not your last right?
Yeah true, so winterships are for seniors then
Interesting
Ya think that’s for Waterloo peeps mainly
🤔
isnt that summer for us
or summer for them
time to become australian
twice the js chances
gonna be like dr strange coming to my 12th js interview in a row
ive come to bargain
none of these words are in the bible
Repost but any tech firms that have a non minuscule number of C++ teams/work that isn’t embedded or graphics? Bonus if there’s a team matching process you can influence, right now thinking of Roblox, Google, Microsoft, Nvidia, Bloomberg, and Meta, maybe Amazon? Feels like only Roblox and Bloomberg, maybe Google fits (Meta not hiring much lol)
i think if you dig into the infra team there will be a ton
apple, netflix, linkedin, most if not all AV companies, database companies like mongodb
harder to find ones that don’t use c++
Amazon ye
A lot of stuff in aws specifically needs to be high performanxe
Oh didn’t know they use some C++
In my company they use C++ for latency critical datacenter applications
Apple def does, I had no idea LI/N did either but I also know nothing about those companies
Ya heard Li is like Java?
linkedin is a java shop
and that's the most sensible part of their stack
heard their frontend stuff is atrocious
Provided you get an offer from a given company, what's the typical timeline from applying -> interviews -> offer
are there any predictors that typically lean it one way or another. like type of company, size, sector, prestige
makes sense
generally around 1 week between rounds and 1 week to get results after final in my experience
Its like a week per round
getting the first response after oa is usually the longest wait. can be anywhere from a day to 6 months +
More rounds more weeks
ok cool. thanks
and yeah, bigger company = longer process usually
so i can just apply to a gajillion places up front then spend the rest of my time studying / preparing
sweet
Java and some cpp
It varies with teams tbh
My friend did cpp for social graphs team
Oh that’s really nice
No LinkedIn for me tho 
i wish i was on a cpp team 
I wish i was on a ccp team
i wish I was on a cpp team 
Next year dwai
i fucking love the quantity and zaniness of chinese sayings
it sounds miserable to speak tho, ive heard there are so many homonyms that u basically have to put an adjective after ur words so we know which of the 20 different meanings it could be
man I feel scammed my parents never taught me fancy proverbs and now I'm an illiterate
me but with english
just to verify quant apps open early august, so its recommended to apply when it comes out right?
^^^\
I remember Akuna opened super super early
Troll?
When I say quant apps I’m specifically talking about qt
Which apps even come out that early?
Five rings?
Not true, this was for expressing interest not the actual application
The actual application opened sometime in august
The express interest application?
Im talking about new grad not intern btw
Cold email?
This isn’t a good list
Was it cause you cold emailed?
Wow so if I apply august 1st it’s too late now that’s insane
Did you get reached out beforehand?
I prefer the quant list
Kk
can confirm variety of random firms I applied to where in july for 2023. just apply when shit opens it's not that complicated
Ye
oh it's the same for ng?
Bruh July is so early
Okay it’s whateve
Whatever it takes
To break in I’ll do
What’s the few?
or just don't care quant sucks not worth unless ur getting paid gigabux at a chad firm
ah ty i just read chat later on haha
at least ur not poor if ur getting paid gigabux 
Bruh I gotta apply June now
*less poor
or apply after graduating kekw
Was it late June?
?????
?????
im just manually incrementing the new grad pull req number lol
@marsh ocean would this be the same for new grad?
literally showing when they added the positions ???
Oh didn’t realize
Hmm
I guess I’ll be applying June then
That’s hella early
Didn’t think I would need to do this
XD
Im seeing companies open their app June
Im applying that time
Not risking anything
Lol
cant wait to see s2024 interbships in march
nah
currently accepting friendship apps for summer 2024
requirements
- not waterloo
- 6ft+
- 7/10 looks at least (aka cs major 10)

psh cmu basically the waterloo of the us
true, obviously you folk are worse and more degenerate
the most degen schools are top ranked ones that are in the ice cold weather
they just stay inside and have leetcode parties
maybe in inventing startups, but I see too much cmu rep at quants
obviously goes to hustler university
thats pretty tall
im 2/3 sign me the fuck up
really, everytime I google hrt people, it's always cmu/waterloo
ah yes, the weakest hrt-er, gotta up your dose
100 cum students
0/3 I'm off folks
i know who ur talking about lmfao
sounds like a rare W
waterloo 
i love harvey mudd cuz when they get jobs they say
I made it out the mudd
no i mean i know the photo lol
2/2 people I knew at MIT are at HRT 
i dont know him sadly
yo can we not dox this random handsome devil?
okk wait there's an actual pic, yall gotta chill wtf

i still dont know if harvey mudd is a good school, i never applied because the name sounded nerdy
oh wait I posted the hrt pic
lmao
how the tables turn
yo STOP
deleted cuz no cap identities matter
if you guys saw me you'd be doxing me and nobody wants that
man maybe I don't have a good appreciation for the male form I don't know who yall think the hot one is
didnt u say earlier u would friendzone me, what are u doing getting friendzoned yourself
well i mean doxx others yeah lol, idk this kid
u have ur name in the blog post giga doxxed
wdym I just see a bunch a dudes, none stick out
If I had to guess I’d cross off people who went to waterloo and CMU
chad
name changing is busted
petition to change your name to doomfist
damn you went to hogwarts for middle school
that's bait tho💀

haku
samurai jack?

smh not knowing samurai jack
yea evil dude from samurai jack
I can't remember names, I always just call characters by their relevance to the story lmao
sake
same
"dad bod"
more like steroids + fat suit
yes, they made a sequel, but on adult swim
thor dad bod probably more muscular than most guys will ever be lmao
just take steroids its not hard
since the kpop stans died out
jif
they've just gone into hiding
we need a better defense system
petition to make a discord bot analyze all gifs and insta ban if kpop detected
hiding is actually bad I support kpop stans 
goijg outside and talking to friends better
oh yea I'm not into kpop at all I just find it amusing
kpop funny cuz its like irl anime
Sounds like a relatively simple ML problem
just watch live action anime instead ez
take that back
where is the power of nakama? isn't that shit solo
true I wouldn't know 
all according to cake
why would I watch real sports when they can't summon tornados
no cool hair styles either sounds pretty mid
cool costumes tho
anime has cool costumes too
@lyric loom do you watch anime
If you watch anime you’d get an offer faster
I ain’t giving that for free
You don’t need anime if you have robinhood tho
stop
find god
u need god
i’m not even religious
So you need God
amen
@everyone
stop all anime
Can intl student on f1 visa studying Computer Science apply for QT/QR/QD roles?
considering it is necessary for the role to be directly related to your major
just curious to know whether I am even eligible for such roles
how would you show these roles are related to cs
isn't it mainly math oriented
stats+prob
is any of the 3 listed not coding at all?
i see, thanks!
gotcha
I have heard firms mainly hire for such roles from returning intern conversion
how true is that
is there less chance if I apply for new grad?
like I recall reading somewhere JS doesn't do full time hiring for trader roles
What is to great about JS trader that everyone wants it? I have no trading inside so idk what makes trading so great
I think it’s mainly due to culture, job security, and you have the highest floor for earnings
isnt trading like super stressful and most people "dropout" after some time since performance is bad or it isnt the right thing for them?
Not at js
Mb in general
I also think quant trading doesn’t have as much cutting since a large part of the role is like quant stuff
Which kinda smooths the variance associated with being a trader
You have a lot of stuff you have to think about
isn't that @ n3?
Yeah it is
Wb getting radix hmmmm
how many new grad positions are still open for sept 23 start
I thought you were gonna say it wasn’t stressful since u had a return offer from Amplitude lol
whats radix
quant hiring starts in july?
is it worth working until then or should i just study. idk shit anything this stuff
i guess i can look around first
ic.
remember in elementary
if jimmy had 3 apples and gave 1 away, jimmy now has 2 apples
ok well now do that many times per sec
and there are many jimmies
and many fruits
and sometimes it's not even fruits, it's a promise of a fruit
and fruits sell for different values
i'm jk idk anything about quant except leetcode buy and sell stock
as kindergartener i tried to do negative numbers with this
teachers got mad at me
i have 4 cookies and my brother wants 5, how many do i have left
a devolving family dynamic, that's what you have
is that ur rating?
i am rated 457
after first contest
oh ur just telling him wat rating problems to aim for
how good is applied ML research for ML positions?
like im not researching ML im just using already known algorithms to conduct research in another field
for anyone that did goldman sachs interview what did they ask?
I dont really know what to study beside leetcode, do they ask more math?
leetcode lol
Do you guys shave clean before a quant interview or it don't really matter?
Doesn’t matter
In general, meaning for all qt jobs?
I reccomend CBT Trading
anyone else read it as cognitive behavioral therapy
@barren steeple weird thing to read when i log on, deleting
i read it as cathode bray tube
there's only one right answers for CBT
u need help
critical brace theory
🅱️
indeed
I heard the best way to approach this was to land into Google for a few years first
Yes
focus on the first internship first 😭
1 big n would be hit or miss but 2 would put you in a good spot
yea probably 3 no name places got me responses from most places my second year
like 150 i think
something like that
internship and new grad is extremely rare, but thers a ton of industry hires
also jump trading is school selective asf
but some of the schools they hire from are shit
like i beleive they heavily recruit ohio state, or OU one of the two
lol
I am unsure why they make that choice
Looks like linkedin just shows the standard top schools, with UIUC being unusually high (compared to normal)
literally 1? that doesn't mean a bunch lol-- berk and mich are both unsurprising
uiuc also unsurprising
well i know a ton of swes
only 1 qr
Yeah founders are from UIUC so that makes sense
o interesting
why they would hire a lot from uiuc
especially for chicago
Yeah
ok well it has a good reputation I wouldn't know I got rejected kekw
In which aspect are you referring to?
DE Shaw founder went to UCSD and they don’t care about UCSD
uiuc for sure ye i j forgot, idk about uchicago that much
same
sd people aren't allowed to have social interaction 
close enough
actually I heard sdsu kinda lit so maybe not?
uc socially dead
anyone got a good problem list for codeforces/ICPC
anybody got experience with third party recruiters/headhunters for quant firms?
why not?
Those not well know firms are sometimes better than the well known
this one headhunter said firms equivalent of hrt and got a call back from one of the firms I wouldn't have gotten a call back from if applied manually
Most people I know at TGS or interviewed there used head hunters
what's their cut like? does it affect your comp? and does it affect your selection probability all things else considered equal
So if that is ur target and the hh has connections there then yeah
Otherwise I don't think hhs will help with the regular HRT or Jane Street
what happened then?
yeah the hh ive been talkinng with only does the super top firms
rentec tgs pdt radix headlands aquatic
but i also want one of the regular big firms lol
why does this channel exist
dang boerboel is real i guess
u got an offer?
no i just thought it was some fake firm someone here made up LMFAO
but then a recruiter messaged me today. 💀
tbh between boerboel and whalur
Where is pfp from
Cracked
its lafter from gundam iron blooded orphans
it was a decent show until the ending 😔
the ending is so bad
Rly? I liked it
The middle section I heard was a bit of trolling
But that’s y I skipped it
damn all this talk about HH and aint nobody but witch hit up my linkedin. I figured I'd at least get some spam but fukn radio silence. last I heard was from like WITCH kekw
yeah i never got super hooked but i hated the ending lol
Errr I thought it was a bit confusing when they teamed up with that coup d’etat guy
And the antagonist wasn’t rly that great
headlands is
who made that letter 💀
@floral locust made 8.50$ profit in a poker game with friends. i owe it to you
thank you
should've paid more attention in stat

all my upper level cs courses
use stat too
probability and stats are become a lot more popular
i lost 3k yday
that pnl 😍
goddamn I need to be less pleb
5/10?
2/5 rofl
Quite a series of unfortunate events
5/10 is much lower var than 2/5 Lolol
why doesnt variance scale linearly
The games are different
Obviously you’d normally expect 5/10 to have 2x the var as 2/5
But nittier players at 5/10 means ur primary EV is coming from bluffing
While 2/5 are a lot more vips gambling so ur primary EV comes from betting
And like if ur playing larger pots in avg the var will be higher
You can imagine the PnL graph of 2/5 will slowly trend downwards and once in a while it’ll spike up, sometimes spike down but overall plus EV
i see
5/10 you’re slowly trending up since ur winning most of the pots but sometimes spike down
this is if ur playing common sense exploitatively right
bet a lot vs loose players, bluff more than typically against tight players
i assume this means bluff rarely at low stakes games because people are more willing to play hands?
I mean
Even if u play gto
The variance in 2/5 will be higher in terms of bb than 5/10 if both games play as I’ve described
But yea generally underbluffing at the loose gambling games and overbluffing in the nittier games are good adjustments
Whats 2/5 and 5/10
2/5 bugatti blinds
idk what tht means but im currently losing at poker
i wanna go to vegas and play in tournaments now
much lower probability of profit but tournaments are so fun
what do the numbers represent
Sb/bb
where u playing

we did .05/.10 tongiht
small blind/big blind
oh
Bellagio Wynn Venetian
You
anyone did two sigma final?
Pretty sure @rustic wind got in for algo dev ng
They're just super cracked tho
Oh
Rip thought they were the same thing
i'm pretty sure n3 is the type to leave out the "if I think you're good" at the end of the statement
bruh cuz the intern class is like 5 homies who go to school together
how many places today? 
Other places had layoffs today?
bro how many
I know 2
there's a lwayer here?
why are layoffs funny
40% IS low lmao
anyone saying that's not low is being disingenuous
idk if all the layoffs are public/avoiding dox but anxiety is high rn
don't be a bitch
according to the above it's public enough yes I know someone who was laid off today
@pearl spade

✨ THE BAR ✨ THE BAR ✨
oof rip

did I dodge a bullet by not going there 
ik at least one other firm also had layoffs recently, unsure of scope or publicity tho
@stark crow would u rather be most handsume akuna employee
or most ugly hrt
yea
yes
gooble
boerbl
ugliest akuna employee > most handsome hrt employee
so the choice is obvious
good for him, cpp was a mistake
wagons when he gets stuck with a frontend project at goog 
no because i'm dating somebody in that pic
then i broke their heart
i'll let u guess who
in all seriosunes dont last time somebody did and almost doxxed
and i we take doxxing seriously here
and all they kept talking about was how handsome they were
FP?
very sus coming from u uglies
LPT put valgrind in the autograder and tell them to come back when valgrind stops yelling at them
pass labs challenge (impossible)
waterloo kids when their custom written operating system in rust is very impressive but all their peers have the same project

hey man 
bro I s2g students put buggy code with UB and bitch at us because it sometimes gets less points. - > now we use valgrind to have more deterministic memory and fail em for having valgrind detectable UB
im looking forward to the rust course
and then they complain more because apparently they shouldn't have to fix their UB to get points 
yeah I think all our c++ and c courses had valgrind and/or helgrind checks you'd need to do before you submit the lab
rust course just needs cargo check

i'm jk, if i was ur prof i would introduce all kinds of e2e errors into your code and see what your stack traces say
error handling is so beautiful in rust 😭 there is context all the way down for every error
dude these fuckers rejected me after a good cpp interviwe and resume reject py and js 
the first project in that course is basically Dracos’ intern project at the zucc
oh right i saw his diffs, all he did was reverse a collection
bro it was hilarious lol
mentor said i should have merged it in with another diff
but it was for the optiomizations
yall doxing each other in the work place? 
bro he was my refreence
he knows everything abt me
dracos is kirb’s son

I spent 2 weeks tracking down a 3 line code change and my boss said good job 
tbh dracos did demonstrate a lot of skill, i'm actually convinced now that interns at meta are blessed with great opportunities cuz u have ur scope defined for u and mentors assume ur stupid so their reviews are useful
and so he wrote good rust code
this is literally what i told ur ecruiter @pearl spade
bro if i spent 2 weeks of work and only wrote 3 lines i'd get fired 
haven't been fired yet 😎
yet
Are you gay
What’s the scale 
Down from 0
bro for me it’s akuna 🥴
Mr/Ms international
top shop is whatever you can get into
is optiver numberlogic sequences?
What website is this
Send that link
Alternatively argmax TC
That’s cuz u probably don’t talk much about quant firms irl and when you do it’s at public places where no one will say anything negative about any company
Like no one says Amazon hiring bar is at the floor outside of discord even though it’s true
Because there are people IRL that aee below the floor
Its ok ik its true
are you excited for where youre going this summer? are u doing something this semester in between
Yeah I’m super hyped and not doing anything in between
Other than school and teaching
Will big tech or small prop shops help more for large hft places as sde/quant developer
currently it seems hard to get into large hft places
what is "small prop shops" in your mind
Like tier 2-3
like belvedere/valkyrie/ctc/etc?
Yeah
if you want sde/qd then big tech is better
idt you want to be a swe at one of these places
or honestly any non-hft prop shop
cuz then ur a "cost"/support-staff and not a money-maker
Is it okay if the big tech’s stack is not cpp or the like
how hard is drw
or that's my take, people like radix simp disagree with me
They are very random
And don’t have many HC

it’s never even began for me
should i even do their oa
probs gonna dial
*fail
ya fair point
it’s good practice
ya they do !
Big tech Infra is best
Thanks that’s also one of my plans!
The market for stud engineers is super aggressive especially if you are proficient in python and C++. Many of my clients are hiring aggressively and are paying top dollar. For Python and C++ engineers. If anyone is interested message me for more details.
anyone know which trading companies do fall offseasons?
Nah wtf
My bar for companies is companies I can't get offers for > companies I can get offers for
lowkey got analed
wait whats omc?
old mission capital
onternatinoal marketmakers combinatoin
thanks
Dn Shaw and Co
lots of ex de Shaw at millennium
I've lost 90% of the funds I had invested ever since JANE bought the 78 highest volume otc stocks on the market. I don't understand why a firm who invests multi billions or trillions of dollars has positions in penny stocks anyway. I guess it's to recoup the losses from the Wall Street Bets shenanigans. I know if I had millions of dollars I wouldn't be putting it into the extremely volatile OTC markets. It's not what most hedge funds, financial advisors, and other market makers do. Most of them actually have policies preventing them from investing in penny stocks completely. But JANE must know something that others don't, or maybe they do something others don't, like manipulate the market to steal from people that work hard for their money.
Jane street has pretty interesting Google reviews
DE Shaw & Co.
Tbh projects aren’t as important. What these firms really look at is performance on the actual interview (coderpad or math) and behavioral (if your someone easy to work with and manage)
a lot of the bigger firms have a lot of non-c++ roles
like there are people doing webdev
What about past experience at a big N? Is that important to passing resume screens?
Past experience is a big thing, you will need to know everything on your resume inside out
Dm could help you with your process
I'm just thinking about internships next year, I don't think I'm a part of your target audience
Hey guys, this is my first time on this server. I never thought I would use discord to network for this reason. However Last week on this server a really strong candidate was somehow referred to me. I now have this person interviewing technical rounds at several top tier firms. Thought I’d try it out dm with any questions I’m here to help give advice and introduce you to the right people. I have experience placing 20 year quants/traders/professors all the way to entry level.
Correct really they will look at internship and projects you did there rather than your own personal projects
Has anyone heard Akuna is rescinding ng offers?
I heard rumors about someone’s offer got rescinded today, his start date is next week
Heard this
not sure just word got around
I think a dev
are you at akuna?
Ah gotcha
seem to know a lot
Oh nice
fuck
I know non python devs impacted. just not super public. grapevine says not just devs either
yeah including but not limited to python devs
they are an options market maker
that clarifies very little
doesn't akuna change cto every year?
Ty
Akuna QR beating BB by 30% is such a joke
Yeah I don't doubt that
But they aren't even trying to compete
Hmm, do yk how that compares to other firms rn?
so I don't know quant side numbers at all, but is that actually "trash" or just not top tier #s? bc from my swe perspective TC drops hard from the top handful of firms
that's such a cop out answer, I'll take that to mean not top of field
From what I understand, QRs have a base and then a hugely scaling bonus depending on how they do that year, making it easily possible for TC to massively fluctuate every year, right?
Ok
I just asked if your relative measurement was to only the top tier firms. if you want me to become increasingly specific, do you think they are below median QR pay in the industry? my guess would be no, but I know fuck all about quant side of things, I largely only know swe folk
actually appreciate the clarification, ig I'd restrict it to prop shops, including rando prop shops, bc that's what I'd categorize most of the firms that anyone talks about here as
my perspective is that there aren't actually that many prop shops that pay bank (disproportionate to big tech), from a dev perspective
so like maybe 10 firms lmao, not that I could even name em
their pay is probably >= ctc, belvedere, wolverine, tmg, + 5 other well known firms
yes
no they bonus pool is usually per desk, (some don’t do this yes) so for example flow traders had some traders that made 75k and others that made 500k+ in the same year
who is paying more than 250k base for QR?
Vexor Trading (VT)
wdym by this
Yeah this is an important distinction for pod shops/places with multiple desks , I was speaking to where I worked at which only had a single pipeline for all trading
Places that are MS/PhD only and have really high TC like TGS can go over 250 base
220k + 0k/4year 
could u share how high bb went to try and match your quant offers?
I’m guessing they max out ~220k
interesting, i wonder how salary progression looks like at bloomberg when u start at 300k
did any of your tech offers go over 300k after negotiation?
Negotiate the hell outta Geneva
Hahaha am I’m the only one who is scared to negotiate and lose the offer? 😂
Which firms in this space are the best for return offers? (Both for intern and ng)
Don't worry about it
That list is relative isn’t is, I thought JS return rate not that high compared to tech
Worst they will do is not negotiate
Took mine without any Nego. Was so stoked to get even one 😂
More like 2s solos everything for everything
Congrats
Always just ask if they're open to negotiation
Multiple offers is better than one ofc but the biggest difference is between one ans zero offerrs
Most important factor in deciding firm is culture by far
Bad culture fit and you're in for a bad time regardless of tc
The best return offer rate is at

@lyric loom STOP CHECKING EVERY CHANNEL
YOU ARE EVERYWHERE
YOU CANNOT BE BOTH AN INTERN AND NEW GRAD AND FULLTIMER AND ASPIRING QUANT AND ANIME FAN
There's an anime channel?
Huh what. Akuna QT only had 1 intern get a return offer
i know at least one person who got return, no way he was the only one
oh yeah i forgot akuna has both
anyone heard of https://prooftrading.com/, they have cool website and blog (?) but not sure about quality
Swe and qr
Congrats, where did you get an offer?
And for swe or qr?
Thanks
as well as to old and manual processes that
"to"
i dont think they're legit
When i see u all I see is 1 qt
A qt pie
Wow
Wasnt talking to u but lol ok i know

Backslash cringe
Common windows L
Why only 1 leetcode for jane street
How am i supposed to study
@rose holly
How do i prep for jane street phone

Ok ty
My interview is next week 
Ive never taken algs
Ty i failed last time
I heard that they cut 25% devs in America
This is true. I know someone whose offer got revoked.
does jump hire off season devs?
Supposedly you can convert intern offers to off season but i am not sure of the actual path to doing so
as in, is there an actual offseason internship application process?
Jump is very closed door recruiting anyways, they take you to their dinners and have their personal events and things so I wouldn’t be surprised if this was also the case for off season interns
Does jane street ask graphs trees or dynamic programming?
when i interviewed with HRT they told me what they value more is how people come up with solutions in a systematic approach even if they dk the answer itself
so i agree leetcode isnt the most impt
lets say they ask u how does a particular function works in the lib and udk u cant just say udk
u gotta figure out how you would have implemented it
I guess better question is how many people were asked graph
does anyone have recommendations for intro level book/paper of quant algorithms
Quant layoffs isn’t true it can’t hurt you!
Quant layoffs:
what?
alex ji doesnt know common memes. this means his parents made him study too much and now hes beyond cracked and none of us can compete
hi i have a couple questions about the optiver new grad qt OA:
Is numberlogic just sequences?
Are the probability questions green book level, or easier?
thanks
I dunno nothing overall I just made it up
Like they seem to pick you if they like you and then recruit to you and a few other students
You are so cracked…
What are y’all’s thoughts on akuna Trader/QT intern vs CTC SWE intern if I wanna end up as a trader. Considering return offer (CTC lets you switch), tc, and career progression
I think the main thing putting me off is that I’d have to rescind CTC and Akuna is apparently doing layoffs
afaik swe was hit significantly more than trading. but also yes layoffs happened
That’s weird considering current vol. might be a desk by desk thing (like crypto desk layoffs would make sense) but idk maybe they over hired
grapevine says they overhired swe
QT but both roles are being consolidated so they'll end up being basically the same by the time i start
anyone switch from swe (at a top quant firm) to QT/QR, and how was the process like?
Are you saying within the firm
Yeah you can sometimes casually skip straight to final but it’s highly company-dependent, what is more common is to switch to a different position at another firm
This might be a dumb question but what is quant lmao
some of us aren't cool enough to actually make more money
someone from optiver did it, saw some post
which 6 are you currently thinking of?
Nah Ik loads of people who took apple over 2s this past year
How active are the various quant discords in #server-links anyways

probably Bánh xèo#4386
@pearl spade tagging u for no reason rn btw
i like your server name
Is this more of a visa issue or more widespread?
akuna did layoffs and rescinded offers
yikes
I know 0 context but I've used this as a joke a bunch. ofc not in a professional setting but yea
guess who made 1.32 dolars playing online poker 😎
def much more niche in tech tho
for any ppl who are swes at quant firms
what type of work exists just curious
can't comment in general, random stuff I've worked on lately is stuff is slow, figure out why, and fix it. it's a lot less interesting than I hoped for lol
or thing is broke fix it, or there is a feature request go implement it
low latency, core, networking
https://www.reddit.com/r/algotrading/comments/6g6t0y/max_dama_on_automated_trading_pdf/
Yeah someone pointed it out a few years ago too, kinda changed my outlook in him lol
I remember touring the Auschwitz grounds as a young teenager and seeing that quote and how it stuck to me. Once you’re there and you see it, you realize those words really MEANT something. What they stand for is so evil
So yeah this researcher probably did not pull this quote out of his ass. Idk if he sat at his desk one day and just unearthed it from his memory and didnt remember where he got it. That is literally the only charitable possibility
Which still is not realistic because surely somebody told him and yet he never revised it and there is probably no public apology anywhere
So even in this most charitable of possibilities, he is not scot free
Hence, evil and/or ignorant person
Bruh he literally writes in that paper how quant is the most direct path from idea to money
“The most direct path from an idea to cash”
This is literal pea brain fascism lol, the idealized universe you create in your mind where there is a perfect bijection between those who work hard and those who have the money
Ok I re read this and what i said was probably too much but u get the idea, i hate this guy already
where does he work
Office perk: every desk has a nice view
wtf is this imc?
office in switzerland yeah
looks amazing with the mountains
do you hage more pictures?
lol
its crazy
i went to denmark and i was average height, assume Netherlands is the same
there were a few women as tall as me too
the company i used to work for got acquired by imc so now they converted it to an imc office
indeed damn you are well informed
was an qr intern, got return offer right when the acquisition was final 😂
Anyone in here able to confirm SIG's SWE new-grad salary bump? I understand it used to be 120-160k but now people are saying it's been raised to 220-260k. Idk it seems sus to me that they doubled it outta nowhere
only traders/QR can be return interns, right?
dev you gotta either ng or bust?
oh hmm, my recruiter mentioned that they 95% won't accommodate if you want to push your return offer back or graduate a year later
tough spot bc I'm debating a +1 masters
the rich get richer 
when did you bring up pushing back a year? Not sure if I should bother/what that process might look like
hmm i wonder if its cuz its all sophomores who said they had a grad date in 2024...
based
@broken thorn i am not quant or game theory gremlin like you,
is lying about grad date prisoners dilemma?
cuz as everyone begins to do it, your decision branch is now
- dont do it and be at disadvantage
- do it to level playing field for yourself
for the record i agree w/it on that basis (everyone else does it)
close
it kind of is, idk the name of this phenomenon but i see it like catalytic converters if they were optional
if everyone does it we are all better off, but there is always an incentive for the individual to cheat
same goes for baggage carousels (if we all stood back we could see the luggage, but we all crowd so u have to crowd too)
i think thats a form of prisoners dilemma
bro is walking through life seeing everything through a gametheory lens 
bro is pruning his difficult decision trees at the thanksgiving dinner table
he plays too many video games
trust me
he mains a character in smash that is literally a quant's dream character
very boring
very optimal in theory but results are scarce at the top/tournament level
to reflect his high aspirations but no results
when he reads this he is gonna crack up lol
skill (gpa and work ethic) issue
least delusional fox apologist
do u also have procrastination issues
we have it hardest out here
ye
I can absolutely imagine Hax releasing an 87 page pdf titled
The Fox Main's Apologia
I feel like this is an efficient market kinda thing. For everyone to be truthful about your grad date is to benefit the companies. If you lie and say you're a junior, you are costing the company money to train you, with very little expected return. On the other hand, a lot of people who didn't lie about their graduation date will feel you are unfairly taking advantage of the system, as they were able to benefit from it.
For everyone to lie about your grad date creates a greater meritocracy for the individuals. As a freshman, you can outcompete juniors if you are hard working and take advantage of opportunities, rather than being outright disqualified for having the wrong graduation date. However in turn, this causes company expected returns to drastically lower, and may cause them to implement changes that will make this practice more restrictive in the future
g9 will be a very prophetical tournament @broken thorn
did we have g9 yet
next weekend
that's cool, tbh fox deserves to be called cool, through the entire 20 year history of game he has always been evolving
leffen is the only real reason to hate on fox historically
Yep, if everyone lies, it creates a more merit based system, rather than some being outright rejected
Again, this is not in the company's interests, but the individuals
"If everyone lies it benefits every individual more" = prisoners dilemma, right?
i get ur argument i agree, i just wanna distill it
Oh of course
Well not every man, you are technically harming the shareholders
merch will be good
oh that's fair yeah, you've made clear it doesn't benefit the company
it harms them, i agree there
The reason it's interesting is because you hear a lot of arguments made by simps and psychopaths that u should actually care about what harms companies lol
And i'm like uhhh who cares, do what's best for you
but when it can harm other job seekers, i see a real ethical problem. But if we pose it as a prisoners dilemma, we can all agree to make the right choice: lie about grad date
The reason why I included it as a relevant point is not something to personally consider, but something that will change down the line. I would not be surprised if 5-15 years down the line companies had stronger measures to prevent this from happening
Like some rando user on here once argued with me that doing over employment harms companies and i was like sure, but who cares lol
he is as cool as the player
other characters move you in a direction
do companies even verify gpa lol
hard agree, it's gonna get cracked down on
fox has all the agency
we know this because yield protection exists; they already take measures to hire the right candidate
it's why waterloo doesn't intern at mcdonalds
i could probably just lie and use inspect element on my online transcript. this is goin a bit too far tho
ik ppl who did that for negotiating ng offers 
thats prob patched now
cus they can just call to verify
idk abt gpa tho
imo if i wanted to go full patrick bateman id just inspect element my transcript and if they ask for directly from school or official one then i ghost them
for full time jobs the loop hole might be that the stated salary on record is for example 100k but then if you're caught lying you just say actually
when i wrote down 150k that includes relo/bonuses/sign on
so there is plausible deniability
as an intern it is absolutely pea brain to lie about $
oh wait u meant doctoring shit
bro that's sus 
Yeah it def has to be a super standard believable salary too
hit em with the good ol' slippin jimmy
Jiggs puts up the best fight on this btw, nobody dictates pace of match across matchups like Jiggs
tbh i just leave gpa off resume cuz im on the """deans honor list"""
it just takes huge brain skill floor like hbox to make it happen
puff doesnt dictate the pace, they just have the pause button turned on
the wiggly wallace
fox actually gets to stick to you or circle camp
For negotiating offers, do we have to somehow line up all the offers in the same time period? Seems awfully hard with some of these shit timelines these companies give
falco top plat circle camp 
how do u feel about air time limits that big leff wants
yes this is literally the hardest part of the game and why everybody hates google and bloomberg
cuz they require proof
idt air time itself is corect but we need a way to unilaterally force puff to not be a bitch
cuz u can go way undee 60 ledgr grabs and still camp super hard
but also u can spend like 4 minutes in the air just cuz ur playing normal puff neutral
granted hbox rarely plays problematically anymore
he has said on record that it's not because of social issues / isolation
Wait Bloomberg?
he has said it's cuz fox players and meta game is just too fast now
and he has to go on offensive
and it's probably unsustainable to camp your way through brackets, mentally is taxing
I actually had a super good time with them, got through the entire loop in less than a week
Everyone showed up
oh just the nego process, i remember they ask proof
Oh
Nvm
I was not aware of which facet of the negotiation process you were discussing
i think its impossible to isolate social pressure from ur gameplay imo, hbox even said the leffen rant at lsi made him hold forward vs zain
i kind of want to become a campy fox like that and force everybody into 40 minute slogs against me
just circle camp and go for safe movement reads (upair the top plat in case falco full hops there, if he doesnt then im safe anyways)
you can be campy on micro level
just don't make it ur gameplay or aggro foxes will eat you for lunch
i think thats what i want
i want to be campy but my brain is working a mile a minute looking for habits
so the aggro foxes will only eat me if they are unpredictable and i am predictable
which means they should win
Idk I was hoping to find out
I just hear they’re expanding their tech side and raised salary
^
lie about GPA, past experience, and grad date
helps more than just grad date lying
iirc most tech companies dont bother to confirm gpa usually just enrollment if anything. maybe quant firms r the same way and in that case 
anyone here play poker
ive lost 3 dollars in online poker, whats up
tryna play .25/.5 or .5/1?
not bankrolled for it, doin .01/.02 online rn cuz am beginner
devg is good at poker tho
that's adverse
wym
i cant hang
no, what made u ask that?
im learning as we speak (binging poker vlogs and ruining my intuition by only seeing big plays)
ill think abt it then, most likely would just be on discord vc tho
@ berkley students
u done @robust totem
heapdhones not work give sec @robust totem
I recently placed a CS grad from Berkeley in one of the top trading firms. DM me could give you some real advice.
?
Aint we all!
Has anyone here attended a SIG trading discovery day?
@floral locust hi
@lyric loom hi
Has anyone ever heard of Voloridge?
How often do quant firms make interns sign noncompetes? Is common practice?
You can usually waive it
why amsterdam?
ic
you can probably ask for London
or apply to London positions
Do you think the pay will be lower over there?
Fs
(Considering the same company)
Although some firms like optiver will pay much more in Amsterdam than the average quant firm in the US
Can soneone do jane street mock with me tomorrow afternoon pst?
I got rejected by Optiver us after OA and got Optiver Amsterdam hr phone after applying and doing their OA
Sleep is for the weak
just curious, what kind of OS / networking questions do they ask in quant firms interviews?
70 base 240 TC is what i’ve been told.
Intern
I heard a big increase, from 10k to 25k
Serenity?
I said € 
I said 25k, including all financial benefits (according to my source
)
@limpid nacelle wanted to ask you a while ago, how many eth grads were interning with you at G?
20k if it's true is still very pog
Out of 10-15 interns I've met and discussed with, 2 were from eth
Only masters students
But I know someone who joined G last year as a Ng with a bsc only
yeah also what i expected G zrh too competitive 🫡
at least in switzerland it is expected that you do your masters and the job market is also tailored towards people with masters. prolly a cultural thing
I can also second this for France
My peer mfs are simping "les écoles d'ingénieurs"
Yes
Only in some tho
"Classes préparatoires" and some bsc program
oh you got to polytech?
damn thats impressive
makes sense, same in switzerland. Not many chase the möney
Probably also almost no one knows what is jane street in France unless you go to T3 engineering schools
When taxes are 55% after first 50k
Yep, I'm not sure if I will have problems with french administration tho
I meant being taxed again at some point
😂 yikes, come to switzerland man. Tax (including social contrib) is capped at 23% at some places.
I'm coming in July
Coming back to work at G 
what i G
Where do/did you work?
i assume they mean with "G" the all mighty daddy company of them all: Google
google wow
side hustle: referrals 😉
