quants-n-traders

[livid wedge]

last year it was 2 interviews, 1 design question + 1 implementation

[void sorrel]

Thanks

Explains the super hard rating

[ocean gazelle]

🤓 Dijkstra had no bitches

[drifting granite]

has anyone heard of 3 red partners

[proper vector]

For real😨

[tepid wedge]

how long does jump take to get back after applying?

[void sorrel]

Never

[hot tree]

anyone gone through Jane Street phone interviews for QT intern and can give me advice?

[tepid wedge]

haha that's tough

[void sorrel]

I think they ghost @tepid wedge

[proper vector]

What role were you interviewing for?

Can I dm?

[stone vector]

"return None"

[amber yacht]

@regal sorrel I heard virtu sometimes asks about endofunctors and morphisms, as well as intuition behind the poincare birkhoff witt theorem. Should I self study these topics beforehand?

[somber sky]

anyone in process with old missin capital here

[wintry tendon]

prep putnam 4-6

[somber sky]

i did last year but got rejected after the third round

[rose holly]

https://www.reddit.com/r/FinancialCareers/comments/15zn12f/drw_trading_vs_jane_street_trading_vs_citadel_qr/

[queen sorrel]

Csm?

[tepid wedge]

how long does sig take to get back after the oa? it's been about 1.5 weeks already

[potent iron]

anyone giving referral at peak6?

[cyan shoal]

Ft is not women only

[ocean gazelle]

@rose holly did u do c1

howd it go

[ocean gazelle]

that’s so cringe lmao

how’d tech and case go

I heard you need to only pass 2/3

i did it already

I was just curious

you had test cases?

mine had none just write the code and he inspected it

[tender zodiac]

mine was this

he sent a code signal i opened it and just wrote code for the technical and did 4/4

behavioral and case i think i lucked out bc the people i got were chill af

[ocean gazelle]

yea same

well case was mid

I couldn’t read the poorly formatted code

[tender zodiac]

my case was a one line change 😭 and some math

[ocean gazelle]

lmao damn

[upbeat forum]

Hmm they must have changed the tech format from last year

[ocean gazelle]

oh wait idk sani was talking abt test cases

I’m p sure it’s the levels

[upbeat forum]

My tech was one question with like 2 parts

It’s been a year tho so I don’t remember much

[void sorrel]

Yea it should be

They said it comes out every Thursday

[ocean gazelle]

OA sent out every Thursday?

I didn’t get it lmao wtf

[void sorrel]

That’s what it said in the posting

But idk I didn’t get it either yet

@rose holly are you QT or swe?

Did you get the OA?

Nah I didn’t get it yet

[ocean gazelle]

I did SWE and didn’t get it

I applied this morning tho

[left sentinel]

is anyone giving referals for HRT?

[amber yacht]

Yea my friend @pure hamlet interned there this summer

[boreal tartan]

may i ask for what position

[amber yacht]

^

[boreal tartan]

the new grad positions haven't opened 🥲

[fast gazelle]

and they may never open 🥲

[languid drum]

anyone done peak6 trading bootcamp OA?

[timid talon]

who can i dm for answers to IMC oa?

[fast gazelle]

try @robust totem

[cyan shoal]

Anyone here done the headlands oa

Hoping to get some insight on how fucked it is since is 100 min 1 question

[quasi orbit]

its pretty easy

just lots of edge cases

you need to consider

[cyan shoal]

ahh ok thanks. Is it leetcode style typical or nah?

[sudden sonnet]

how to do headlands c++ oa if i dont know c++

[cyan shoal]

Gl lol

[neon cobalt]

Lol

[terse barn]

hey yall, i got a first round interview for a QR type role and im wondering what to expect

for optiver

i did a trader interview for a diff firm will it be kind of similar in terms of being math heavy

[neon cobalt]

Can’t help you there, but good luck!

[terse barn]

i mean is it usually just like

probability

[stone vector]

lol damn you got resume screened everywhere now you land big huh

bro what if they actually do yield protection on you

they see your resume is too good they think it's not worth it to interview you because you're likely to just accept a better offer

[terse barn]

bet ty

[terse barn]

nah theres no shot 💀

[stone vector]

i meant as in the smaller companies

because then it would make so much sense why your resume get screened out despite how good it is

[terse barn]

i think theyre just RNG tbh

the small ones

cuz they dont have enough time to look through hella apps

[clear grove]

how long to hear back from imc swe

after oa

[solar axle]

praxis is my hero

[scenic bison]

gmi 😄

[somber sky]

Yea for trading internship

[somber sky]

a week

[exotic eagle]

just curious but anyone heard back from pdt for swe intern

[cyan shoal]

They said they would only start reviewing end aug - beg sept

[rugged rampart]

They're very slow

[winged aurora]

Anybody knows what to expect for the TC at cubist under their data team

Don't think the compensation composition is similar like PM which is profit centric and lower base

For negoing

Hard to find any data points for them

[livid wedge]

yea I’ll dm u

[tepid wedge]

anyone do optiver first round technical for qt? if so can I dm u?

[stiff girder]

zoom

[quick shore]

Anyone doing final round for qt for old mission?

[split axle]

Wait Optiver released QT?

Full time^

[void sorrel]

For optiver swe final round. What are the two technical interviews like? I’ve heard in the past they have you go over hackerrank questions. Is that true?

[topaz hazel]

yakhuna river trading

[boreal tartan]

yakhuna sigma

[lyric loom]

hi

[livid wedge]

🙂

[tepid wedge]

for qt intern

[next shore]

Has anyone done akuna qd final in the past? From what ive read it can be a mix of math + pretty involved/difficult coding qs, looking for more info

[fast gazelle]

yo

[azure zenith]

info

Optiver return rate this year for trading was ~45%

For SWE hovering around 50%

For ams^

unofficial but quite accurate from talking to everyone here

[potent iron]

u work there rn?

[azure zenith]

internship just finished, got the RO

today was the last day

[void sorrel]

Were you swe or qt?

[azure zenith]

SWE

[void sorrel]

Do you know what I should expect on the final round for this year? All it says is 2 technical rounds and 15 minute recruiter checkin

[azure zenith]

It's quite fun/chill but challenging

I know that sounds strange

And also I don't think there's much you can do to prepare

[void sorrel]

Is it system design? And what should I prep if I’ve never taken OS or networking

[azure zenith]

Mostly theory stuff and learning on the spot

[azure zenith]

I'd brush up heavily on all CS fundamentals

just do some courses on them on educative or Coursera, free trial 1 week

There's no FAANG type system design in the sense of like load balancers, sharding blah blah

but there is a system design interview style

I can't comment on the content etc though

[void sorrel]

Ok I see. Thanks for advice @azure zenith

[azure zenith]

fr?

I'm NGL I've seen so many names and msged so many people I do not remember

was it on reddit?

ahhh

wait was I asking you or were you asking me 😂

Yeah there's a project presentation

Quite fun to do

I enjoyed the other interviews more though, learned/figured out some cool stuff

but anyways ye

I'm happy to respond to most DMS because I was in that position dming random people

ironically some really nice guys from IMC helped me early on

and now I'm at Optiver 🤔

not really

24 tech this year

26 last year

doubt that difference of 2 was a choice, probably random variance

As for the RO rates, it is what it is, but I don't think it's a "business decision"

They have stated multiple times there is no quota, no percentage, etc. it is down to the individual

[rose holly]

How much is the offer ?

[azure zenith]

haven't got details yet but pretty sure I can't say even when I do

It's a lot™

idk

I'm sure it's on levels or something

or will be

Maybe, can't remember trading intern count last year

but trading ROs are generally more brutal

[autumn aspen]

do you by chance know how many qt interns optiver takes around?

[azure zenith]

trading interns was around 30 I think.

60 total, 24 tech, the rest come under trading

That includes research, trader, data scientist

[upbeat forum]

Optiver 💔

[fringe spade]

how is imc first round interview for swe? They said they would ask technical questions but no coding

[azure zenith]

?

❤️‍🩹❤️‍🩹

[upbeat forum]

I wanted them but they didn’t want me

Didn’t get past the 2nd technical for trading even though I thought I did well

[azure zenith]

rip man. I hope you find somewhere

For who

Trader or tech?

chill

come in whenever around like 8:30-9:30

Leave whenever around 5-6

No one cares as long as you get your shit done well

most of the time I did 8:30-5:30 but 8:30 was for breakfast, only got to my desk at 9

they actively discourage you staying for too long

And check

[upbeat forum]

Did you ever work weekends

[azure zenith]

because in their view it's more productive that you dont

[azure zenith]

Absolutely not

They specifically told me don't

[upbeat forum]

Good

Do you want to return to Amsterdam or can you choose other locations

[azure zenith]

In their view, someone who is not burned out is far more productive

makes sense

[azure zenith]

I want AMS, we had the option to express preference but were warned right now there aren't many spots for grads elsewhere allocated to us

however a few years in you can effectively say you want to move to X location and they'll likely do it

[upbeat forum]

Do you know if they blacklist people who failed an interview previously btw

I heard they do if you fail the final but idk if that’s true

[azure zenith]

There is no blacklist

stupid concept

However

They do take into account your previous attempts

sure

don't.

if you fail the final then yes, this will be taken into account later on

As in, if you apply again then your previous performance will be taken into account still

[upbeat forum]

So I still have a chance for next year lol

Good to hear

[azure zenith]

if you fail the final horrifically then probably bad for next app

But if not then I doubt they'd care that much

[stiff girder]

does that help lol??

lol

same bro i got rejected for the SWE intern position

im wondering if i can reinterview lol

for some other position

for me it was after i did the phone round

[void sorrel]

Same @glacial prairie

[stiff girder]

yea prolly TPM

or trading

i would take SWE also lmao

but dont think thats possible

junior

[candid root]

yeah in England right

very little abt it but heard the interview process can be tricky

they reached out last year but I was too lazy

[rose holly]

is arrow street capital qd oa auto?

just got it

[ocean gazelle]

no

resume review before

[versed temple]

in person @nyc

[frail citrus]

email says virtual n I’m based in nyc

Weird

Don’t even remember when I last applied at deshaw

[ocean gazelle]

damn they gave me the virtual version

I don’t live near nyc tho so maybe that’s why

what do they do in connect

[ocean gazelle]

😲

[amber yacht]

Lol connect and mit career fair are on same day

They knew what theyre doing

[daring pulsar]

their system is very strange

anybody get an oa from GSA capital yet

or honestly have knowledge of them that they can share

[solar osprey]

Just had my 3rd interview with bw And

[lime flume]

Does anyone know all quant new grad trading salaries

Is there some sort of database

[verbal kettle]

random question but does anyone have a latex template like this or similar https://phillipi.github.io/6.882/2020/notes/6.036_notes.pdf ? its so good

[tame tulip]

hey yall what's typical for a new grad SWE role (not necessarily quant) at one of these firms? Received an offer at a place I interned at and it made me realize my perception is far too low

[azure zenith]

usually hovering around quarter of a mil

For top tier firms

[devout valley]

Has anyone gotten a final for Belvedere for swe position? really hope to learn more about it

[late hedge]

hey guys, has anyone been through / currently in DRW, could i find out more about the position? (i am applying for their asia office)

[neat summit]

If I got an Optiver OA should I not touch my resume? Or should I keep improving it because Optiver OA's everyone?

[plush trout]

For intern it’s auto, so everyone

[neat summit]

RIP, hopefully I did well

[oblique orbit]

Has anyone done anything after first HR phone for SIG? Seems like they’re ghosting me

[ocean gazelle]

got invited to technical 1 day later

[tulip sapphire]

role?

[upbeat forum]

Easy

[pseudo marten]

is ctc swe auto OA?

[pseudo marten]

rip didn't get it

hm alright I applied on the 18th

[shell gazelle]

I applied on 8/18 and got OA

[void sorrel]

I also applied on 8/18 and did not get OA

[timber quartz]

I also applied on 8/18 but since I have not observed my email yet I am in a state of both having the OA and not

[ocean gazelle]

did u apply via handshake or greenhouse

i applied via handshake and didnt receive anything so i reapplied with greenhouse today

[void sorrel]

Greenhouse

[exotic eagle]

dunno if they even consider apply on greenhouse

also apply on there but heard they only care abt apply on handshake

[deep charm]

for what role?

[ocean gazelle]

swe

[pseudo marten]

optiver technical phone

[tender flax]

anyone know what sig swe phone is like?

[scenic bison]

bw

[obtuse flame]

Bw culture is hit or miss for ppl so it depends

[candid root]

Hrt bruh

[hexed rock]

bw so you can end up like sid

[ocean gazelle]

behavioral if 1st phone

[tulip sapphire]

bw ie >>>

top 3 hedge fund vs a prop shop which is negative as a second class citizen (swe)

how is this even a question

[hexed rock]

fr ^

[fast gazelle]

is swe really second class at hrt tho

[sinful swift]

anyone know if the position on citadel.com and citadelsecurities.com are the same?

like do they go to the same pool of apps

[lost leaf]

they ask you which tf2 character you are and which banana farm is most optimal in btd6

[clear grove]

just a bit of stable homotopy theory

[lost leaf]

congrats on 50th birthday

[obtuse flame]

Also for the record I would do HRT unless bw ie really speaks to you

Nyc also >>>

And HRT literally didn’t use to hire traders, it’s either core dev, algo engineer, or algo dev

Wouldn’t worry about “second class citizen”

[obtuse flame]

Yeah he’s dumb then lol

CS major humor

[tulip sapphire]

Algo swe? Yeah algo dev is way closer to pnl

[obtuse flame]

They’re canceling the trips next year allegedly

[low vault]

Does desco do offseason

Curious

[broken thorn]

i only have second hand knowledge but im pretty sure ive heard this is the correct answer^

[wintry thorn]

Anyone heard back from Citadel QT internship phone yet? They emailed me that they’ll start interviews late August

[rose holly]

What about graduate swe at Optiver? Is the OA auto for everyone as well

[sand willow]

anyone know what optiver qt final is like

[upbeat forum]

ev and behavioral I thought

[sand willow]

dyk what they ask in ev

and what they ask in behavioral

[upbeat forum]

Actually isn’t it the qt final only a behavioral

At least that’s what my recruiter said

1 hour behavioral iirc

With a trading lead

[sand willow]

thats what my recruiter said too

what do u think are my odds

[upbeat forum]

Good

[livid wedge]

whats the growth like at js as a swe? is it similar to optiver where if u are a high performing dev u can grow faster?

[sand willow]

uhhhh no thanks

[uncut steeple]

ooooohhhhhh shIIIIIII

[upbeat forum]

Can we only apply to 1 intern position for HRT?

[ocean gazelle]

It says so in the email

[upbeat forum]

sad

[boreal tartan]

？

[uncut steeple]

yeah we get it you need a sx change

[sour python]

why is there a TA shill bot on this server

[winged aurora]

How is TC like for junior squarepoint technologist

Seems like they have a pretty average interview process for this role

And hired quite a number of fresh grads with varying background

[sudden sonnet]

which location

[ocean gazelle]

Has anyone done Akuna’s CPP phone?

[rotund thorn]

Got to second round last year for HRT algo dev, should I reach out to my old recruiter again before applying this year? Also should I apply for SWE instead because I feel like my resume is better suited or would I be shooting myself in the foot?

[stiff girder]

reach out she is a goated recruiter lol

[rotund thorn]

I was also a sophomore last year and I capped about my grad date, idk if that will raise any red flags

[stiff girder]

bruh lmfao

just say u decided to pursue more internships

in this shitty ass market

[rotund thorn]

yeah makes sense

[stiff girder]

dmed u rq

[left sentinel]

Is Jane streets first phone, no video?

Feels weird to just talk to someone over the phone

[void sorrel]

Has anyone done a sig swe final round before?

[ocean gazelle]

Has anyone done the first akuna cpp phone

[upbeat forum]

Lincoln

[oblique orbit]

Trading

[boreal tartan]

Same for the algo dev

Is it better to reach out before apply?

[clear grove]

what is squarepoint qr intern comp like?

[lost current]

low

yeah

[boreal tartan]

full time or part time intern

[clear grove]

how low

is it really like 40/hr I see on levels 😂

[lost current]

i got it last yr

[astral breach]

anyone know the citadel intern timeline after final?

[rose holly]

Yeah

[lost current]

no

[rose holly]

You get an email to schedule offer call

Then you get offer

MONAD

[astral breach]

how long after?

[rose holly]

Shortly

Why would you want square

@ember lava take that guy off your pfp

You know why

[lost current]

sure

[rose holly]

No

Do you

😦

[low vault]

Wait did you intern at monad?

[rose holly]

Yeah

[low vault]

When?

[rose holly]

Last year

[low vault]

Mhmmm, dyk someone named Kevin wan

They not even friends on discord tho 🤨

[lost current]

art acc touches grass

[cyan shoal]

Advice to anyone applying imc

I applied to both roles

Got reached out saying theyd give me interview

But i gotta choose a role

So for reference dont apply to both at the same time lol

Anyone know the full process for swe and qt

[clear grove]

howmuch was it?

[lost current]

sucks to be a pooron

[rose holly]

anyone taken arrowstreet qd OA?

pls dm me

[cyan shoal]

Does imc swe go straight to phone or is there a hirevue after oa

[boreal tartan]

Anyone heard back from imc qr after oa

[next shore]

is bw actually that bad i have a final with them soon

[stiff girder]

whats bw??

[next shore]

bridgewater

[void sorrel]

I have 3.8 at non-HYPSM and got QT interview at Five Rings so it’s possible. Guess I just got lucky

[void sorrel]

No it’s one-way hirevue video to hr screen to final round

[rose holly]

STOPPP

altf4

LOOOOL

🐐

[next shore]

lmfao

even if i hypothetically want to recruit for qr the year after and its between that and a tech company?

[rose holly]

is it true the phds stopped trying after u told them about other firm salaries

[next shore]

i see

[rose holly]

rope

[void sorrel]

Ya QR is the most cracked

[rose holly]

stoppppp

[void sorrel]

What is ipho?

[cyan shoal]

Ahh ok do yk qt process

[void sorrel]

International physics olympiad?

[rose holly]

check dms

[void sorrel]

No idea

[cyan shoal]

Imc told me i passed @void sorrel but is making me choose 1 or the other to interview

So idk which to fo

Do,*

[void sorrel]

I only know about swe

[quasi orbit]

umich?

[deep cargo]

have u done the one-way?

[void sorrel]

It’s a mix of behavioral and technical dsa questions. I did it last year

[deep cargo]

no systems or os stuff?

[void sorrel]

No

[deep cargo]

and no java specific stuff right, bc iirc the interview after u are required to use java

[void sorrel]

Final is all in Java

Rest is not Java specific

For example “agree or disagree” is this structure always faster than this other one or explain this data structure to a 5 year old

[deep cargo]

that makes sense, thanks

[ocean gazelle]

As a member of the web team I am helping transition the web interface from Angular to React. 😄

[cyan shoal]

Oh damn same can i dm?

[wild belfry]

???

who ping

[deep cargo]

uiuc -> offer

[quasi orbit]

Uiuc slander

[deep cargo]

i haven't heard anything back 😦

iirc its just phone and then final

depends on interviewer

same

[timber quartz]

apparently there is a dlab -> jump pipeline ssshhh

[vestal hornet]

anyone know if hrt prevents you from interviewing for intern again if you've reached final round before

had a friend get rejected after perfect oa last year

[uncut steeple]

anyone know the people writing these articles https://www.linkedin.com/news/story/finance-interns-rake-in-111-an-hour-5445417/

these pieces of shit should be sent to the syria to rot

trying to do us like they did tech

shut the f up stop writing articles

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

this is the clown

explains alot

send this fucking clown to syria , we don't need useless hogs like you

[dusty lotus]

unsure about blacklisting but this is not that uncommon

[proper vector]

Does virtu ask brain teaser questions for quantitative problems?

[cyan shoal]

Ik everyone gets it but whats on js qt first phone

Just simple standard prob?

Ev

Or also stoch calc, markov chains, random walk etc

[deep cargo]

yeah but he also had zon

and it was dlab leadership tbf

[oblique orbit]

Anyone know what is asked on Quant Dev Phone for Akuna

[stiff girder]

anybody get HRT oa for swe or algo dev??

nope

[topaz hazel]

:rope:

[sick bolt]

has anyone had any experience interviewing with bam before (balysany asset management)

/any thoughts on the company

[cyan shoal]

Did u get bam phone?

[rose holly]

stop

[cyan shoal]

Swe wintwrship or quant analyst

Didnt even know it was up lol

Ahh ok

Guess i should apply

Oh

Its up too?

Its up as well

Swe is out for winter

Not for summer

Quant is also out for summer

Came out 2 days ago ig

[sick bolt]

why does this sound like a bad process alr 😭

[languid drum]

anyone here done IMC technical phone?

[upbeat forum]

wow BAM is the first company I've applied to that doesnt ask any gender/race/sexuality/whatever questionss

[rose holly]

The articles are sponsored by the companies

It’s under the marketing / recruiting budget

[cyan shoal]

does anyone have any insight or experience with akuna qt/trader final

[livid wedge]

if i applied to citsec for both trading + swe but only wanna do swe is there anything i can do

they gave me trading oa but i want the swe one lol

[stiff girder]

the trading oa is not automated the swe one is so even if u do good there is a chance u might not get phone

[livid wedge]

yea but i dont want to do the trading oa

and im p sure ill get the phone if i pass the swe oa i got cit phone last year lol

[stiff girder]

okok yea ur chilling then

[livid wedge]

yea but how do i get the swe oa

nvm i j applied with a different email and got it lol

[uncut steeple]

this actually makes more logical sense then

[livid wedge]

I’d fail it lol but prolly will give it a try

[tulip sapphire]

This has to be bw

[astral breach]

what does cit ask in leadership round for swe

[stiff girder]

yoo dmed u rq

[shadow cave]

did they schedule it yet it's been 2 days and they still haven;t repllied back lol

makes sense

[lost current]

so orz how to get quant

[hazy halo]

Any one here know about walleye capital?

[somber sky]

yes planning to join gts atm

[cyan shoal]

Anyome done imc qt first round?

After hirevue

[upbeat forum]

is the sig HR phone just a normal behavioral?

[cyan shoal]

Qt or swe

Qt is mainly behavioral and easy ev

Swe is all behavioral

[upbeat forum]

Qt

It’s with an Hr person I think they ask EV lol?

[cyan shoal]

Yea technical recruiters

Or so they call it

[next hazel]

how long after OA for sig qt do they reach out for phone/reject?

[upbeat forum]

It took like 3-4 weeks for me

[steel karma]

jump vs de shaw for swe?

yes for jump

hmm ok

why?

[static musk]

which jump team

[steel karma]

backoffice

[static musk]

in core dev?

[steel karma]

no i have a good idea of what im doing and i like it

[static musk]

if it’s core dev infra then i’d go jump

but yeah internal dashboard team maybe not lol

[steel karma]

de shaw pays more and is nyc but i'll be going through the team lotto

[trim wharf]

Anyone know what the technicals are like for ctc swe

please dm or @ me

[tulip sapphire]

de shaw swe

this

[livid wedge]

jump apparently is performing extremely well esp on hft

[tulip sapphire]

yeah desco is more impressive to get

more rigorous process

[lost current]

desco def feels like a lot more academic and higher expectation in general from my exp

isn't signing for desco like 25k?

damn that's a lot lower than i expected, comp is close to cit sec then granted ot prob makes it bit higher

[livid wedge]

for internship?

that’s crazy

how long does desco take to get back after reviewing applications?

like do they ghost

got it recruiter emailed a week ago saying my app is under review but haven’t heard anything since lol

[tulip sapphire]

hft is super capacity constrained

[livid wedge]

interesting

[tulip sapphire]

mid freq will always be more profitable than hft

[livid wedge]

even for swe’s?

[tulip sapphire]

cuz u can pour more money into it

desco is one of the few places where SWEs are treated rly well depsite it not being a hft shop

[livid wedge]

oh ok cool

[rotund glacier]

what are places where swes are treated well

thoughts on HRT?

[livid wedge]

def hrt

[tulip sapphire]

also hft is winner take all so the second someone is faster than jump then jump will go crashing down, which is why they are trying to expand more, but like DE Shaw is already the best in a bunch of areas

[livid wedge]

yeah but I heard jump is king

like my friend at optiver said they lose to jump a lot lmao

[livid wedge]

what do u think the best places for swes are

[rotund glacier]

of course I can

it's one of the places I'm considering rn

[livid wedge]

hrt interview honestly isn’t super bad

[lost current]

interesting, heard total opposite from someone ik that interned tehre

[rotund glacier]

what about it

nothing

im just a little kitty cat uwu

everything is pretty great

hbu

it's good

what does this mean?

yooo

that's great

@forest cobalt let me know if I can provide any details!

[lost current]

yeah heard they don't really put an emphasis on software as places that rely on more low latency strategies like cit

[rotund glacier]

but yeah recruiting wise I think I'm targeting (besides hrt) like radix, headlands, OMC

[lost current]

not too sure

[rotund glacier]

citsec

I think that's prolly enough

[livid wedge]

lmaoo

systems goat

[rotund glacier]

idk what that means

❤️

thanks

[tulip sapphire]

do u have prior quant internships

[rotund glacier]

yeah I have two and I'm about to do a third one

not fidelity

fidelity does quant?

yeah that's where I interned 🙂

very fun

no ro 😦

🥱

[lost current]

wdym mckinsey, unironically gaps

quant

[rotund glacier]

I agree

[lost current]

fortune 500 founder from mckinsey > quant

[rotund glacier]

I think I'd work there over hrt tbh

cracked

[lost current]

why not just sign it? it unironically gaps

[rotund glacier]

I agree

I'd take consulting offer over anything

tbh

quant is kinda lame

[lost current]

that's unfortunate, bro got the golden ticket but won't take it

mckinsey gaps blackstone/evercore

nah mckinsey exit

is goat

:orz:

[void sorrel]

I literally did that question an hour ago. Should be a medium not a hard

There are 4 scenarios

👍

And you don’t return the both option

Ah the classic over complication problem

But it really should be a medium tho

It’s definitely easier than constant time lru cache

Ah highly recommend. Most common hard leetcode you’ll see outside of trapping rainwater

[late bear]

Yeah but the O(1) approach however is pretty hard

If youve never seen it

[livid wedge]

do u have link to problem/article on it?

wait whats non constant time lru cache

isnt implementing an lru cache just doubly linked list + hashmap

[runic grotto]

He spittin

[livid wedge]

quant >

lmaooo nah fk that

[autumn aspen]

anyone know what to expect for citsec qt interview?

[rotund glacier]

No

[scenic bison]

@rotund glacier sauce?

[rotund glacier]

hm

it's okay

[ocean gazelle]

I felt like the idea for the O(1) approach is pretty intuitive, but implementing it is rly annoying

[tulip sapphire]

JS, hrt is negative rn

[clear grove]

anyone know what desres resume bar is

[lost leaf]

need 76 floors so you can think on your fall down from the roof after getting cut

[last herald]

anyone know anything about sunrise futures pay?

/research interview process

[tulip sapphire]

220k

270k after nego

for QD

[long raft]

If you have more than 4 work experiences how many would you list without making the cv overpacked(aka not enough whitespace) ? The recent two experiences are quite important/relevant for quant, the remaining are just to show off that one has been doing work/internship for a looong time.

[weary path]

i left out a few that i thought were less relevant and put them all in one line

[late hedge]

Just curious, how do HFT guarantee 1 year bonus?

More context is: from Asia , heard of HRT or optiver or Jane street basically guaranteeing 1 year bonus for fresh grad

Is just insane how they are so confident that these graduates will make them so much more $, that they can offer them 1 year bonus guaranteed?

I think in every other tech or faang, they don’t even guarantee any amount of bonus right..

Also im guessing a 150k base 150k bonus, total 300k is normal for HFT fresh grad? Or the only for the top HFT, if so what does they average HFT pay fresh grad?

Sorry am talking about about swe role or quant dev role ^

Not QR or Q trader

[hybrid hamlet]

Chat what the fuck is the optiver OA

[uncut steeple]

is there a prop shop aum list somewhere

(four-leaf clover hunting)

[brave vessel]

do most of you want to be quant researcher or quant dev? or better yet which do you guys think youll be more likely to get?

[hybrid hamlet]

trader 🗿

more likely to get: fucking nothing

[silent night]

got a js swe phone coming up. Any reccs for questions I should practice?

[hybrid hamlet]

@terse barn sup fucker

[azure zenith]

so

the way it works is

at least with optiver

everyone has the same base, then the rest is bonus on top

but it's not "bonus" in the sense of the default being nothing and then you have to work for more

it's basically an X number of share of the profit the company makes

they predict the total value of this / do it on last year's and then that's your bonus

you then get a variable pay multplier, which is usually just 1x, but can be 0.5, 1, 1.5, 2x etc.

the TC you probably hear about is likely base + expected 1x bonus

but if you're good then you can get up to 2x

as for how they "guarantee" it, ofc it's variable pay, and its a profit share, so if profits are terrible you won't get much

profits are terrible
This is very rare though, and in most cases won't have a massive effect as there won't be a huge drop off

HOWEVER

in covid, if a company had record profits of 2 or 3x the prev, you do the maths... some very happy people

tldr

no REAL guarantee but yes, they have every right to be confident that you'll get that bonus, most of these companies are stable and it's very rare for someone to be so badly performing they won't get the bonus (they shouldn't have got that far)

I think IMC did give some form of profit share warning at some point, so that's the flip side of things..

[late hedge]

Thanks a bunch mate.
Sorry what’s profit share warning? What you mean by flip side?

[azure zenith]

profit share warning i.e. warning that they didn't make the expected profits (not sure how bad it was) and therefore to expect lower bonuses

flip side as in, if the company does badly then yes, the profit share bonus will be worth less

but the main point is it's very rare for a company to do so badly so suddenly that you get no bonus etc.

[late hedge]

Ah okok I understand

But these players profit regardless of market.

In fact they profit even more during bad times

[azure zenith]

not completely correct

market makers do well on volatile markets

if a market is going strongly one way or both ways up and down a lot, great

as long as it's moving, that's good

they do less well in stagnant markets, or sometimes when they invest in crypto...

all of it is often not as simple as "doing well in X market" though

[late hedge]

ahhh okkk thanks mannn

[terse barn]

why are you in every server bro

[hybrid hamlet]

You too dawg

Discord networking i see

[vernal hornet]

would like to know what the process is like

[cyan shoal]

Is it possible to get this from ctc and not get interview

Yea lol idc abt my name

[timid talon]

yo

[cyan shoal]

Yea def its from a no reply emaol

Sending interview tips and a whole ass guide though

Seems kinda unnecessary lol

[livid wedge]

i also have js swe phone coming up, if anyone has any advice I def appreciate

[azure zenith]

which round? first?

i am currently speed running them all

i'm using return offer to make them faster

i did JS first round today and got the final round invite an hour ago

the citadel recruiter emailed me and sounds almost worried it's not enough time lol

[trim wharf]

can I dm?

[azure zenith]

sure

[royal plank]

Anyone done sig second phone with a trader? Is it just simple ev and probability or includes mixed strategy nash too

30 mins doesnt sound enough for everything

Bet

Yeah first phone with hr was stupidly easy

[azure zenith]

anyone can ye

[ocean gazelle]

no ctc oa yet

still

wtf

[oblique orbit]

Has anyone done Akuna Quant dev code pair technical round

[clear grove]

i did last year

[upbeat forum]

IMC QT really has one of those Hirevue type behavioral screens ....

[ocean gazelle]

Has anyone not gotten CTC OA?

[quasi orbit]

no i havent

[void sorrel]

Nope

[ocean gazelle]

Idk why I haven’t either, thought it was auto

[pseudo marten]

haven't either

[fickle latch]

You use this server?

[sand willow]

i havent heard anything from imc 😭

[exotic eagle]

guess it’s not auto tho

still waiting for it

[tulip sapphire]

@quiet meadow works at HRT as a core swe C++er, ofc he monitors this chat to see what the peeps are saying about his firm

he makes sure to blacklist anyone who talks shit abt Hormone Repl Therp

*sorry autocorrect 🤪

EURUSD is also a partner

i heard he gives insane referrals

he was at faanG before HRT

i cant change my discord name for identification purposes

[nova dust]

Btw is there anyway to make it now(if you half prepared)?

[obtuse flame]

Didn’t get it

[scarlet relic]

Has anyone here done Akuna QT final round?

[autumn aspen]

do you know how many rounds they have?

[royal plank]

recruiter said they can't talk about it

i think it's just final after second phone though

[autumn aspen]

ohhh i see, my friend that did the discovery day said it was like 4 -5 phone rounds, not sure if that's accurate

[autumn aspen]

ah i see thank you!

[ocean gazelle]

Anyone done Akuna C++ phone?

[ocean gazelle]

Lmao sig still hasn’t scheduled me

It’s been over a week

[cyan shoal]

Ye sig is 3 then final

Gets harder on the 3rd

On 3rd they start asking markov chains, recursive prob, random walk etc

[quasi orbit]

Does sig blacklisted

[cyan shoal]

Yea ik not hard shit

Just saying harder

Nah

I fucked up final

I was a sophomore

Was dumb

Yea all g

Ironically they wouldnt even interview me this yr

Chill though interviewing with js optiver akuna and imc qt rn

Yea thx

Yk anyone whos done imc qt phone by chance?

Yo wait

I got mine on the 11th

Yea will do

Last year they were supposedly heavy amc 12 and aime counting

Which isnt bad tbh

Heard changing it up and final this year was some weird geometry

Yea imc known to ask everyone the exact same questions

And same shit every year

So legit if yk someone whos done the interview

U can ace it free

Yea they lemme skip hirevue so just phone final

So dont wanna blow it

Yea will do thc

Thx*

[serene coral]

is imc for full time oa auto?

[brave vessel]

has anyone gotten an intership at hrt for 2024 summer?

or has anyone gotten an interview yet?

[deep cargo]

they haven't even sent out oas bruh

[brave vessel]

ya sorry i meant anyone got an interview yet

i almost dont want to apply cuz i dont feel ready

[amber veldt]

Does anyone know what the imc video interviw is

[brave vessel]

thx

oh thats not really what i meant but thanks anyway

[amber veldt]

Is this all behavioral

[sonic abyss]

mf

😠

@cyan shoal i didnt take it this year, last year it was just really basic probability but i hear its changed this year

[cyan shoal]

Fuck

So it was easy last year?

[sonic abyss]

super easy

wait didnt shrey take qt phone this year

[cyan shoal]

Bruh fuck me

[sonic abyss]

i was

then i threw

[cyan shoal]

Why didnt i do anything last year

[sonic abyss]

ended up +50

[cyan shoal]

Probs coulda got it

Did u?

[sonic abyss]

100 -> 350 -> 20 -> 210 -> 270 -> 150

[sonic abyss]

its ok

just give ur best this year

such a consistent player

[cyan shoal]

U returning?

Ya ik friend got a ro and got rescinded

[sonic abyss]

wait what

which firm

[cyan shoal]

Imc

Qt

[sonic abyss]

???????????

what

like they got ro for fulltime a few weeks ago

then rescinded?

[cyan shoal]

Yea was told he wasnt showing commitment

[sonic abyss]

smth like that

[sonic abyss]

who

what the fuck i havent heard of this

[cyan shoal]

Bro i cant dox him

But ik for an absolute fact

[sonic abyss]

dm

[cyan shoal]

He was at imc

[sonic abyss]

i probably know him

[cyan shoal]

Doing qt

[sonic abyss]

unless he was chinese

i wasnt cool with the chinese qts 😔

[cyan shoal]

No

Was not chinese

[sonic abyss]

who

[cyan shoal]

So u can probably guess

His race

[sonic abyss]

dude i dominated him

it was so sad

i gave him his money back

not even capping

[cyan shoal]

Wait @ruby fog yk anyone else interviewing for qt this year

[sonic abyss]

👀 @harry_v

[cyan shoal]

Or u @sonic abyss

[sonic abyss]

yeah

no wait baller

[cyan shoal]

I need someone whos done these interviews before me

[sonic abyss]

i need to know

who got rescinded

so i can go and cheer them up

thats so fucked

[cyan shoal]

Bro i straight up cant dox him cayse he specifically told me not to tell anyone

But he was imc qt second year

That tells u a lot

[sonic abyss]

it doesnt lmao

half the people were 2nd

[cyan shoal]

How many interns were there

Qt at least

[sonic abyss]

61

[cyan shoal]

Also told u he wasnt indian

Holy

Thats a lot

[sonic abyss]

no u said not chinese

ok

[cyan shoal]

Sorry

[sonic abyss]

rk

[cyan shoal]

Not chimese

[sonic abyss]

connect with me on linkedin

[cyan shoal]

Hes indian

Dm

[sonic abyss]

tell me if he's a mutual connection

WAIT

VJ?

[cyan shoal]

No vj

Thats not his initials

[sonic abyss]

oh thank god

just dm

[brave vessel]

is being a trader always bad

[void sorrel]

I was told IMC had 120 interns total across all things last year and this year they plan to have closer to 100 fyi

[brisk ingot]

^ same a friend said last year was kinda a mess bc they overhired post covid

[pseudo marten]

my optiver technical got cancelled and moved to 2 weeks later, anyone know if that's too late 🥲

has anyone had their swe final yet?

[cyan shoal]

Great

[void sorrel]

I had mine yesterday

[cyan shoal]

So like 10 less qt

[void sorrel]

My recruiter said how it’ll be like 5-10 QR and then even split between QT and SWE/FPGA

But ya probably 5-10 less QT

[brisk ingot]

forgot fpga engineering interns existed

whoops

[pseudo marten]

shit lol at this point I won't get to do a final if i pass

[void sorrel]

It’s rolling

[pseudo marten]

any numbers for SWE?

[pseudo marten]

yea but they moved me for no damn reason

[void sorrel]

That’s IMC

What location are you interviewing for at optiver?

[pseudo marten]

oh

[pseudo marten]

chicago

[void sorrel]

When I asked my recruiter said they plan to have 25 swe interns in Chicago

[pseudo marten]

i see, thanks

[pseudo marten]

do you know if your final time was considered early?

[fervent belfry]

was it just behavioral

[royal plank]

Few simple ev questions

[void sorrel]

No idea. It’s probably in the middle since they are clearly still interviewing

[pseudo marten]

i heard a lot of companies fill up by the start/middle of october though

[brave vessel]

wdym by too late. its already ggs?

damn

[pseudo marten]

yea i'm just wondering

[brave vessel]

its already too late? damn

[pseudo marten]

no like I said, I'm just curious

probably not too late

[brave vessel]

oh ok

[void sorrel]

I doubt it’s ggs most firms don’t fill up until mid October

However the high bar usually increases as it gets closer to that date for pretty obviously reasons

[brave vessel]

ya ur right

thanks

[stiff girder]

prolly does cuz assume 2 spots left and 10 ppl in the process

they will be more selective

[timber quartz]

is 98.6 degrees F hot enough?

[terse barn]

i have qr phone this week 💀 no idea how theyre still hiring

im fina get rejected instantly though

[lost current]

orz

[low vault]

Any hot

[hexed rock]

wtf skooks is on this server

[brave vessel]

do most of you guys want researcher or developer positions?

[brave vessel]

qb?

ahh

getting the coffee for the team

[lost leaf]

qj > qb

[rose holly]

Qr => quant roper

[brave vessel]

is it even worth applying to something like hrt qd unless your insanely cracked at leetcode and math?

for quant dev

sorry i meant quant dev

[autumn aspen]

is anyone looking to split quantguide membership? it seems really helpful but its like 3k 😭

[rose holly]

You don’t need it, just study the green book and be smart. For devs just LC and general language specific knowledge

[autumn aspen]

thank youuuu do you by chance know any resources for market making?

[quasi orbit]

dm

[versed temple]

is there anyone who has done cit leadership round who is open to dm 🙏

[void sorrel]

I got interview last year for core dev with a shitty resume, sophomore, and not even perfect code signal

[brave vessel]

but passing the interview is hard no?

like were your questions pretty fucked

[void sorrel]

Ya they were pretty hard

Just make sure you’ve taken os

[brave vessel]

i think akuna has a free course for options and market making

anyone know a rough estimate of how many people applied to hrt internship last year, i couldnt find anything online

[robust parrot]

Cit hat 69k last year so shouldn’t be too far off from that number id assume

[brave vessel]

holy shit thats nuts

[raw prism]

Any tips for Citadel SWE on-site?

[stiff girder]

whatever u did on the phone x 3

whatever ur interviewer wants lol

[raw prism]

lol okay that's what I thought, I wasn't sure if there was anything different from the initial phone to on-site

is there anything after the on-site?

[stiff girder]

yea team match

[raw prism]

ty!

[stiff girder]

no more lmao

[raw prism]

wait what does leadership round look like?

[golden shale]

do you know anything about austin texas cause thats where i applied for

[void sorrel]

No idea my recruiter never said anything about Austin only Chicago

[golden shale]

gotcha. i shouldve applied to chicago cuz thats where most people are doing their internship

im guessing better odds

[golden shale]

did you apply for new grad or intern

[void sorrel]

Intern

[golden shale]

it was a 3 hour oa and an interview after right

i am doing new grad

i hope the process is similar

[void sorrel]

OA -> hr phone screen -> technical -> final

[golden shale]

makes sense. thank you

[versed temple]

yes

i did

it was exact same as first phone

im pretty sure it's like a double check lol

i got virutal onsite invite few hours after 2nd phone

[upbeat forum]

Man its crazy how QT always has like 3 more rounds than SWE

[void sorrel]

What is there qt process?

[upbeat forum]

OA -> technical -> hr phone screen -> technical -> technical -> final

so 2 not 3 for optiver

[void sorrel]

I think it’s cause it’s just a different skill set that is harder to access in fewer rounds

[golden shale]

how accurate is the pay rate listed on level fyi

[upbeat forum]

pretty accurate

[golden shale]

are you guys really getting paid 100/hr

damn

[upbeat forum]

some pay 70k+ for 10 weeks its insane

[golden shale]

the dream

i know i have no chance at optiver but im gonna grind my ass off anyways

[void sorrel]

Last year for QT it was the equivalent of getting paid 250k a year + bonus etc

[golden shale]

how was it for sde

[void sorrel]

I’ve heard from some people swe was higher than that and from others lower

So no idea

[golden shale]

i could buy a house in remote part of the country with that money

[upbeat forum]

Save up for 10 years with that salary and you can buy a starter home in Cali

[void sorrel]

If you last 5 years you’re probably making 7 figures with the performance bonus as a QT

[golden shale]

get married and do it in 5

[upbeat forum]

I was kidding but yeah you can make 7 figures after like 3 years at Optiver

although I heard they nerfed the bonuses this year

[golden shale]

https://www.reddit.com/r/cscareerquestions/comments/6zs25c/the_job_i_was_excited_for_is_now_my_worst/

this honestly scares me

[void sorrel]

Every firm is different

Some have better wlb some don’t. Also depends on team and QT is way worse than swe for hours

[golden shale]

good thing im swe

tho i dont mind moving over to QT one day

[azure zenith]

This sounds like a terrible firm lmao

Pay back the cost of training???

Yuck

Optiver is not like this, they are well aware that positive encouragement is far more effective long term than negative encouragement

[azure zenith]

?

Most of it is performance based, but that's only a multiplier on the profit share value

You can get up to 2x your profit share value

Also for the first year they have guaranteed amounts of the variable pay etc.

to encourage trust

[lost current]

Got offers that pay over 100/hr

[azure zenith]

My experience at opti was far different than this, it was a lot more friendly.

[autumn aspen]

i heard js was 96/hr this summer

[upbeat forum]

I thought the number of marbles got decreased?

[azure zenith]

trading or swe?

Or total?

[autumn aspen]

trading

and 10k sign on

[upbeat forum]

Idk I thought thats what you said a few weeks ago lmao

[autumn aspen]

oh thought u were asking me haha

[upbeat forum]

that NG/people with less YOE are getting less marbles now

[azure zenith]

hmm I don't recall but maybe I'm dumb

NG is different

NG don't get marbles

It's a 1 year contract

Fixed amounts but with performance multipliers

At least for swe but quite sure for trading too

[lost current]

Really? That seems low for js trading

[autumn aspen]

yeapp ikr

but my friend didnt have competing offer

[lost current]

Lol cit sec pays more for swe