#quants-n-traders

1 messages · Page 51 of 1

brisk hearth
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Of like the dif situations

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Yea

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So they just play a shit ton of hands and then keep track of the win rates for each situation or smt? But then yk ur win rate, but how do u know the appropriate betting size then

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Since ur betting size could influence the outcome

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Found an open source python framework that was published by a uni research team to simulate games

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Yea, I’m just tryna create a heads up one rn

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Doing for the challenge, not necessarily profibikity cuz so many heads up bots exist

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Ye but I’m still confused on how creating a poker sim is relevant to creating a solver

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Yea I alr implemented CFR, but I’m tryna implement deep CFR now

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No I implemented CFR by myself

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But I used another package to like calculate the utilities of each situation

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Yea, like it has to visit each node

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Yea

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I mean u could just create all the game states ahead of time

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Yea

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So u would have to do manual abstraction or deep CFR to use ML to do the abstraction for u

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Which is where I’m at

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I’m tryna implement deep CFR

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Card abstraction

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Cuz like u said, u can’t simulate all the game states cuz too many

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Oh yeaaaa Monte Carlo tree search

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That’s what I was also thinking of also implementing

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Dyt it’s feasible to code up a heads up poker limit holdem bot?

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Using MC CFR on a laptop

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Do u have any good resources I can access about MC CFR?

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Cuz I haven’t found any good things to read that isn’t a shit ton of unreadable formulas

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Wait but the cfr I did I created the entire game tree and then would iterate through the entire thing

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So I wouldn’t create the game tree ahead of time?

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I would just add on as I iterate through dif situations of poker games?

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But even after like a shit ton of games, I still like wouldn’t be able to iterate through every game state right

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Like after a week of simulation, I would only cross like 10% of possible game states?

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Ah I see

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I mean I could just abstract the betting sizes right

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And then when playing NLHE I just map the simplified betting sizes to whatever the person does

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Ok so to recap, I just use the sim package to simulate games, and then for each info set in the given game, I update the regrets afterwards?

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Wait what’s a full policy grid

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lol sry for all these questions, I just started this shit 2 weeks ago. I’ve mostly played brick and mortar games and wanted to try coding this shit

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Oh interesting, so like the thing that holds the regrets, strats, etc?

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Also wait even if I abstract the bet sizes, I would still be no where near visiting all the game states. So like in a given game, wouldn’t the bot have no idea what to do if it’s never simulated that state before (so like the probability vector for the actions r default 1/n)

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Still, capping them at 5 bet sizes is still not rly feasible to visit majority of states

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Oh wait what

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So it doesn’t actually have to visit all game states? Even if the game is abstracted

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Oh that’s rly interesting, I’m gonna try that then

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Thanks for ur help, I couldn’t find any good resources on MC

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Wait but if u don’t create the decision tree ahead of time and instead create them in real time as u update the strats when simulating dif game states, then wouldn’t u arrive at the same problem of the info states sometimes not existing in some cases? Like it being more likely on later betting streets

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Just vanilla cfr or MC cfr

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I read into some of the theory, but mainly focused on implementation

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So I was able to implement it w/o references

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So I did preflop for proof of concept, and I iterated through all possible info states and then would calculate the EV for the utility function of the dif states

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Yea, that’s how I was able to create all the game states ahead of time

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Wait so what happens in the situation if ur on the river betting round and you’ve never been in that game state before

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Oh rly? Wait how

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Oh okay

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Do u have any website recommendations I should check out

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Or that u used

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Yea I abstracted to only 5 dif betting sizes

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So I could pre create the entire game space

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Yup

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It was like 1.6 mil info sets or smt

dusky topaz
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Anyone have experience with or ideas for systems related projects for a quant swe resume?

covert geyser
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anyone do a technical interview for stevens capital management

haughty hinge
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For qd?

vast relic
covert geyser
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yes

vast relic
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oh i had it

prime carbon
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likelihood of optiver sponsoring? Heard it's team dependent

brisk hearth
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@quiet meadow dyt external sampling or chance sampling is easier to understand and implement for MC CFR

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Wait wdym, I thought u read through the MCCFR papers? Or is chance/external sampling a variant of MCCFR

thin bramble
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Does any company pay for business class travel

prime carbon
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ftx

deep cargo
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asserting dominance

thin bramble
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for what

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I actually got 1 first class flight from cit

thin bramble
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but return wasn't 1st

worn tulip
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its quant dev same as swe

strange pilot
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anyone done final round for two sigma swe?

deep cargo
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oh hell nah 💀

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i thought this guy was trolling

midnight scroll
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This is real?

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looks like a lot of effort for a shitpost

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im scared

tulip sapphire
deep cargo
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that website was down as well from what I read on the reddit post KEKW

gusty wave
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Morgan stanley app dev nyc intern or capital one tip intern Philly summer 2024??? Im confused what to choose. Trying to go into quant eventually.

strange pilot
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how was it? i have it tomorrow and i’ve been doing a bunch of graph problems

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did u move on to the behavioral after

strange pilot
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that's tragic

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did you solve the problems?

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sheesh

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when did u have the final?

strange pilot
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you left them speechless

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u were so good, that they’re still in shock

boreal tartan
hazy hawk
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Do quants that aren't optiver js hrt ghost for FPGA? Highk don't rmbr which else I applied to lol

night topaz
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dudes speaking another language

regal umbra
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i heard sig pre-screen is not gca but i received a SIG Pre-Screen General Coding Framework codesignal

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does this mean it is gca still or their questions?

candid folio
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ye its guaranteed technical if u do it

prime carbon
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anyone going through optiver process rn?

rose holly
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last year it was lc easies

rose holly
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ya

tranquil wagon
haughty hinge
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Has anyone done SIG QS/QR intern onsite?

rose holly
sage jay
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telugu ?

sleek herald
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didn't jump have a bad year

haughty hinge
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so dont work there anymore cause of bad year?

tribal briar
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HRT is my favorite though!

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whats wrong with it bro

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i want to work there my dream

vocal drift
tribal briar
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this tracy girl must be a JS/Jump person haha

fervent bolt
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anyone know the questions for beat the odds of optiver oa

queen pendant
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what’s the chance of getting a head if u flip a fair coin

wintry tendon
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also this comes up

dark lake
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lol

sinful kernel
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how's sig discovery day?

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is it like a fast-track pipeline to summer internships

sleek herald
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i love hormone replacement surgey too

thin bramble
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True prodigy

sinful kernel
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is Discover Citadel a quant-focused / tech event or more of a fundamental investing typa thing?

sinful kernel
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shiiiii did the Trading discovery open yet?

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i only see technology expression of interest idk if thats just SWE or SWE + trading

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damn

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so i missed it :(

sinful kernel
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oh real?

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is drexelrlly that Op

uneven narwhal
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no

thorny gate
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whats a good book or resource to learn about equities if I just wanna know some stuff for background. wont need it on the job since im a swe but i wanted to know the basic term and concepts since im on equities team

night topaz
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it helps connect the terms & their significance

tired yacht
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Hi guys, I’m a freshman majoring in cs + math with a minor in statistics, do y’all have any tips on getting an internship at JS/HRT/Citadel/Wolverine trading?

sinful kernel
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but prolly just get hella good at probability

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do some zetamacs to get fast

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study green book

upbeat forum
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Bro said Wolverine 💀

thorny gate
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hard work and dedication ofc

uncut steeple
gentle meadow
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kiss me

weary nacelle
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Hi guys, I’m a freshman majoring in cs + math with a minor in statistics, do y’all have any tips on getting a quant internship at JPMC/C1/BOFA/Wells Fargo trading?

haughty hinge
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No

thorny gate
tranquil wagon
weary nacelle
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Hi guys, I’m a freshman majoring in cs + math with a minor in statistics, do y’all have any tips on getting a quant internship at JPMC/C1/BOFA/Wells Fargo trading?

late hedge
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  1. What masters course is more suited? I initially thought Quantitive Finance is more suited but heard is more of options pricing which is not really what quants deal with.

As such some suggested Statistics, is this generally more relevant?

jolly veldt
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just finished a math questions OA for SIG, for the Quantitative Research and Quantitative Systematic Trading positions. has anyone else done these and know what the process/next steps look like

deep mica
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Has anyone found success cold emailing recruiters to get into the interviewing pipeline, particularly at smaller funds?

vast relic
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I told the sig recruiter I like to cook for one of my hobbies

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I was not cooking

queen pendant
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yeah there’s a shared blacklist between firms

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only the big ones though

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?

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recruiters talk

haughty hinge
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its pretty believable but it would be more recruiters from different companies having a shared blacklist not companies if that makes sense

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big market players I assume

analog bough
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Mfs really think these firms are gonna collaborate to blacklist some random people and risk a lawsuit/bad rep for no reason other than to spite a guy they don’t care about WazowskiStare

haughty hinge
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Ik there's def a lot of connections between recruiters, Ive been referred from a recruiter to a recruiter at another firm after failing rounds for example. I would be hard to have blacklist database but Im sure if a person cheated for example a lot of firms will know

analog bough
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Idk the laws on this but seems similar to why your previous employer won’t share negative feedback about you, you’re risking that information being the reason you suffer a loss financially by not getting a job

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I personally wouldn’t risk it but who knows maybe it’s worth it to those guys

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They never will though because why would you a billion dollar firm risk a ton of money to screw some rando over for a job

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Idk maybe I’m overthinking it, it seems like a lot to lose and little to gain to create a blacklist since all the things worth blacklisting across firms for like illegal shit would be known or caught by bg check

haughty hinge
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theres no risk lol

analog bough
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? Isn’t the reason no one will ever give any feedback is because you’ll still spend money defending a suit if a candidate wants to file one

queen pendant
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hiring bums is a huge negative

analog bough
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What is there to gain for citadel to tell xyz firm that they don’t want this candidate again

haughty hinge
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to keep good relationship with other firms

analog bough
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I see that’s a good point, I never really thought of that kind of relation

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I guess it really only matters if it’s false like would you want a middle manager who likely has a vested interest in appearing to have made the right choice in not hiring you/firing you to say what is appropriate and provably true to HR/another firm

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But I do see the gain here, interesting that they could do it probably entirely without anyone ever knowing due to how small of a community HFT recruiting probably is

haughty hinge
analog bough
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Yeah I imagine that’s a good middle ground, verbal through stories/anecdotes but never official

haughty hinge
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ye

analog bough
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I can’t imagine anyone here would end up there unless you do something out of line

haughty hinge
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and its also good in general to not let crappy people in. an extreme screnario would be not telling cit not to hire a candidate with tendencies for cheating the market and he'll spoof, fuck a bunch of companies over (including the one that didnt tell cit), get cit into a lawsuit

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its just a loss loss

analog bough
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I imagine those cases are already known without even having to explicitly blacklist

haughty hinge
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lmao also true

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maybe for junior roles its harder to keep cause more candidates

analog bough
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Like that random guy from two sigma suing his firm already got outed before suing for the massive losses he got blamed for

haughty hinge
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give ur offer to me

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better than being deported

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whats mm

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also dont lie, give me your real offer

tardy steppe
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Should I do masters to land internships to pivot into qt intern or should I land ft job to pivot into qt ft?

night topaz
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Would you guys say code forces is the best way to prepare for trading firm OA’s, if not any suggestions?

brisk ingot
vast relic
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What role?

night topaz
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I opened it and closed it immediately

vast relic
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Isn’t it just like millennium limited partners

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The more confusing one is mpg which they use for hiring

brisk ingot
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did all the other ones

vast relic
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Oh

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Full time?

tardy steppe
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anyone know if new grad quant is non existent?

zenith panther
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give up

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do an mfe

tardy steppe
zenith panther
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unless ur a crazy math prodigy

tardy steppe
zenith panther
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u should just go for phd

tardy steppe
zenith panther
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and do u have any math awards

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or competitive programming

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otherwise just dont apply

tardy steppe
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i mean theres people from my school who were able to break into quant new grad and they didnt have any of that

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ive seen cases from people who go to non targets and were able to break into new grad without any of that as well

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you just gotta be good enough to get the interview, and pass it

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@zenith panther i feel like u have a very skewed perception of it

zenith panther
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yeah this guy is a clown

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agreed

zenith panther
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not sure why u asked in the first place

tardy steppe
tardy steppe
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idk if all quant firms take new grad as well, i know js doesnt

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me?

zenith panther
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@primal shell is an expert on quant

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ask them abt it if ur rly curious

hexed summit
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does anyone wanna mock, I do mediums - hards in python and my goal is a fang company

haughty hinge
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Anyone did sig qr/qs final?

glass barn
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5r still hiring this late?

haughty hinge
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What do recruiters look for in a resume for trad ops roles?

potent dome
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for quant dev, its all cpp fs right python frowned upon?

glossy sparrow
potent dome
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ive seen it myself in itnernviews

brisk ingot
zenith panther
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idt they care

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unless its a cpp team or like headlands radix

alpine mortar
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any trading competition recomendations for resume?

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quant dev

sinful kernel
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anyone wake up and jus want some head?

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i'd kill for headlands interview tbh

tranquil wagon
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Can you send resume

haughty hinge
potent dome
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Do you guys have any recs on cpp textbook?

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Thats comprehensive?

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like ones that explain C then go into CPP?

sinful kernel
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is 3.91 gpa good enough for top quant screens

swift pine
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no

haughty hinge
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Lmfao

haughty hinge
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Probably not

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But good flex

haughty hinge
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Any advantage/difference working for a small sweaty shop (Headlands/radix/aquatic/vatic) vs regular prop shop or HF as a qr?

alpine mortar
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thanks redpocket

sinful kernel
candid cradle
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but longer hours, work schedule is less stable, and more pressure

candid cradle
# haughty hinge The type of work/comp

i have a friend that did qr intern at citsec, hrt, and radix, now full time at radix. type of work is more team-dependent rather than company dependent. pay was radis > hrt > citsec

haughty hinge
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Tf can your friend teach me to be himothy as well

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But still thanks for some form of insights

brisk ingot
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does citadel wanting to schedule another 45 minute interview after the onsite mean i’m borderline between moving on and rejection?

sinful kernel
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yes

brisk ingot
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aight sg

strange pilot
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anyone done final round behavioral for two sigma swe intern?

vocal drift
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anyone done interview for peak6 bootcamp?

winged aurora
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Anybody heard of QCP capital?

winged aurora
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same for me LOL

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seems a bit shady

rose holly
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what to expect for sig discovery day tech?

sinful kernel
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^^

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what's their bar looking like

candid cradle
fallow arrow
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Hi everyone, do you think I should still apply to Citadel NXT program if I only have ~1 YOE (full-time). The website lists 2-6, but could I get in if I also have a referral?

opaque eagle
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Do u think the outcome of applying can be worse than not applying?

fast gazelle
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<@&868936794601828492>

rose holly
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Hey, i would like to learn how to make $30k. Would you mind if i kindly dm you?

zenith panther
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@leaden temple

clever cloak
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any1 know des res process

waxen arrow
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Anyone know if there’s a GPA cutoff for these shops with 3 yoe at Meta?

fast gazelle
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are there cit boxers as well

fervent bolt
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Does anyone have any info on optinomicon? Have my interview coming up

haughty hinge
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anyone did JS TDO new grad process?

rose holly
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did phone yesterday

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i think they resume screen after oa

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don’t need a perfect oa score to pass

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2 research 2 internships basic projects

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f500 and at a uni

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nothing crazy

fervent bolt
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I only got 2 and half the test cases

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For discovery tech

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And got phone

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It’s mostly resume

rose holly
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dm

winter dew
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has anyone heard back after oa for sig soph discovery day

rose holly
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no stop the trolling

fervent bolt
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yeah its 4 questions and i got two of them plus half of one of them and none of the last

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im not the best at coding

tranquil wagon
tranquil wagon
weary nacelle
#

what are some good projects for quant 🥺

silk arch
sacred lark
tranquil wagon
sacred lark
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Mm ok I submitted Thursday hoping my resume passes the screening.

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gl to u

tranquil wagon
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I have no idea

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I just applied to a link I saw

tranquil wagon
#

Sure

tranquil wagon
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Yeah pretty sure it was

haughty hinge
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Anyone did JS TDO new grad process?

brisk hearth
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@quiet meadow i finished the MCCFR alg for HUNL poker, but i'm having problems reaching some of the buckets (like situations where there's quads or a straight on the board) since they rarely happen so the bot is unable to create an accurate strat for it. do u have a solution to touch upon these situations that rarely happen while still maintaining the sampling frequency concept in MCCFR?

brisk hearth
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@blissful kite have u done cfr stuff too?

supple shoal
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if anyone's gotten to the head of hr/engineering head/cto step of the two sigma swe internship, please dm. got a few quesitons about how to tell 2s about competing offers

supple shoal
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did not know they dont nego

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they specifically asked to share competing offers for the reason of being "helpful data" when formulating a 2s offer

shy tide
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anyone at js have received their intern swag yet lol

tranquil wagon
deep cargo
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Anyone at Albertsons gotten their swag yet?

shy tide
upbeat forum
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20 inch bicep

sleek herald
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Why ask here

shy tide
sleek herald
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There is a discord full of JS interns

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?

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Like almost every other internship…

shy tide
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yea but you don't really find it until you get in no?

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like the internship starts

sleek herald
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At all of the companies I’ve interned at you get invited by HR after you sign

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Lol

shy tide
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never had that before either

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it's always some off the book thing that someone creates

sleek herald
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No, they have recruiters in them lol

shy tide
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all the ones i have been a part of was just interns

sleek herald
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I mean people make their own after

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But that has been my experience

quasi orbit
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snowflake

zenith panther
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weird

sleek herald
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You get slack when you start or whatever communication platform they use

zenith panther
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orz so prestigous

sleek herald
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Lol

tranquil wagon
sleek herald
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Automatically

shy tide
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i never got such a thing

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from the past 3 companies or js

sleek herald
#

Interesting

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I know there is a JS discord though because a friend asked me if I knew someone from it

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But maybe it wasn’t broadcasted by HR

shy tide
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am sure there is one but doubt i'll know about it until later

deep cargo
shy tide
#

???

tranquil wagon
#

Luckily I don’t need to worry about that because I’m not interning at IMC lol

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I’m don’t have a quant internship

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I’m a freshman lmao

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💀

deep cargo
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💀 💀 💀

shy tide
#

im dead

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no

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M. anyways they didnt even ask for size

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doubt they are sending clothes

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GL

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letz do it

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woah

rose holly
celest star
#

is there any quant open for fall yet

tranquil wagon
brisk ingot
shy tide
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Cit open ?

celest star
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last chance

shy tide
#

i am still confused

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they did not ask my shirt size ig TDO's dont get clothes 😭

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wait

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that's in october tho

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i got my offer in dec i think

rose holly
vast relic
#

Was that KN

vast relic
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she plans everything

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i saw her downing red bulls once lol

tranquil wagon
#

Congrats on (derogatory swe role)

tranquil wagon
#

Are you asking if fall and winter are the same thing? If so, they are not

celest star
#

September-December

brisk ingot
#

does a swe pipeline manager at citadel viewing my linkedin after onsite mean anything

still sapphire
#

Is it common for regular swe at faang+ to switch to quant firm for swe? Are they at a disadvantage vs new grads to landing these roles. Or is it something that very rarely happens? Can someone please guide a bit if they have any info or heard about this?

clever cloak
#

if u get an email with a call it means smth tho 🔥

clever cloak
#

not common p sure

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getting quant after grad is way harder than internship

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no quant exp -> quant firm is kinda unlikely aswell

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not impossible

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tho

brisk ingot
#

i've heard so many different answers that idk at this point

twin verge
#

<@&868936794601828492> look what a generous fella

still sapphire
clever cloak
#

tho that sentiment is prolly biased by the fact that ppl who wanted qswe wouldve gone to qswe instead of faang

still sapphire
#

From what iv mostly read, the prep for quant swe is to master leetcode with cpp and master OS concepts. Is that most of it in terms of prep? Anything else that im missing out?

tranquil wagon
#

Somewhat

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And linear algebra

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(This is stuff I’ve heard from quant people, personally I don’t have enough experience to testify to it)

queen pendant
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combinatorics and linear algebra has zero relevance to swe

slow orchid
#

is this chat for quant devs also?

vague sentinel
carmine temple
#

does gpa matter for quant, if so how much

sweet drift
#

anyone do cpp multithreaded? do you stick with stl or use stuff from boost folly etc

std::thread , std::future , spam smart pointers w cpp 11/14 is this the way to go lol

proud fossil
#

Use the standard library, std::thread is based off of boost anyways but has the portability of the standard library

sweet drift
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bet ty

upbeat forum
tranquil wagon
scenic bison
#

most care yeah, but some you can omit gpa and still interview with a good resume

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speaking for swe, idk how it is for trading roles I can imagine they care more

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yeah sounds abt right

midnight scroll
#

iirc Millenium flat out asks for 3.7 for some roles

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idk what other firms do

somber ether
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if there are other 2024 optiver interns, my dms are open 🙏

split lintel
queen pendant
#

that’s just because wolverine has a high bar because they perform so well

queen pendant
azure zenith
#

The only new thing that happens is people joining haha

somber ether
brisk ingot
somber ether
#

oh cool ty

#

is there any server or gc that u know of for this summer?

#

rip WHYYY

vague sentinel
azure zenith
rose holly
#

Do referrals matter for citadel

thin bramble
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Yes

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Referrals matter for citadel

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At least if you can't get interview

tawdry pasture
#

Just got bbg swe offer, no cpp experience. Not sure what team I should join, if I want to switch to trading/hedge fund

twin verge
#

or the stuff that's closest to the exchange

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actually I lied

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bloomberg dashboards -> trader dashboards might be the move

obtuse flame
glass pivot
still sapphire
rose holly
#

if citadel is asking for "competing offers" they mean other quants right?

tranquil wagon
somber ether
pallid berry
pallid berry
zenith panther
#

and used wlb as part of the rzn

pallid berry
#

wtf😭

zenith panther
alpine mortar
robust turret
#

Ik nobody asked but im just gonna say it

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These are the top firms ranked by their names (not prestige)

robust turret
#

sry if I rated ur firm low, it's just based on name no other criteria

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If anything it goes above Optiver

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U agree with 1-5 though right 😎

zenith panther
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lol

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or wait

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ur rating by their literla name?

#

or how much name brand they are

robust turret
#

Literally the sound of their name

zenith panther
#

why is HRT so high

quasi orbit
robust turret
robust turret
vast relic
#

drw too low

robust turret
#

Noted, i'm revising the list

rose holly
robust turret
#

That's gonna be way harder

#

cuz they're all fkin ass xD

#

I'll just do top 10

#

Ok i thought it was cringe at first but I see it now

robust turret
#

Top 10 Logos:

midnight scroll
#

By the sound of the name?

#

nah man im sorry Citadel Securities is a boring ass name how is that no 2

#

honestly all the generic "trading" "management" etc. should be nowhere near the top

weary nacelle
#

How do I actually prep for quant interviews lol

#

Curious more than anything tbh

rose holly
#

for swe it’s just leetcode mediums + some hards(depending on the firm)

#

some don’t even ask that just trivia up till systems stuff

#

for that u can read ostep if u didn’t take a class on it

weary nacelle
rose holly
#

rlly depends on the firm and what tier the firm is in

#

some traders at some firms make less than the avg at big tech, can rlly be anything

#

in general tho usually the traders get payed a bit more than swe’s

#

since for quants swe’s are more like the support for traders so they aren’t first priority

weary nacelle
#

Makes sense tyty

rose holly
#

ye np

#

in terms of difficulty getting a low tier quant for swe is about the same as big tech tbh but i would argue atp j take big tech

#

it’s the tier 1 quants that are very very selective

weary nacelle
#

btw im gpa gapped LMAO is that gonna fuck me for NG recruiting so I should probably go FAANG+ NG then pivot?

rose holly
#

if u get it for NG then great

#

if u get faang then yea u can pivot

#

ppl think after ng it’s over for quant

#

but quant swes are hired from anywhere rlly

#

it’s just the interview process might be harder for NG than intern

weary nacelle
rose holly
#

JS res screens rlly hard

#

they also say to not apply the next cycle if there’s no significant improvement lmao

#

rlly j a toss up tbh

#

wouldn’t lose sleep over it

weary nacelle
#

will note lol tyty for info

#

Also what’s the green book that people about

rose holly
#

that’s for qt trading

#

u don’t need it at all for swe unless if u interviewing for hrt algo dev

#

but for qt trading it’s basically like the princeton review version for qt prepping

weary nacelle
#

Gotcha never knew exactly what that was, ty again

rose holly
#

yea np

robust turret
midnight scroll
#

Citadel is ok

#

Citadel securities not so much

robust turret
#

Noted

robust turret
#

I wish

tranquil wagon
vague forge
#

probably

brisk ingot
#

does hrt have traders?

vast relic
#

they had algo traders a while back

#

idk abt now

sour python
#

hrt algo dev 😍

glass pivot
glass pivot
queen pendant
#

just basic betting games

peak vortex
#

Hey @low mural, mind if I dm you about 5r? I sent you a fr

sweet drift
#

any c++ experts
how do you do network programming
and multithreading is there any good resources , is openmp a drop in for os threads

willow portal
brave vessel
#

if ur not using external libs, most networking in c++ is the good all beejs socket programming

zenith panther
#

beej is goated

brave vessel
#

im acc working on a multithreaded socket level program in c++ myself

#

ya in my networks class our prof just said read this for the labs

brave vessel
#

quant dev?

drifting pelican
#

Any books that yall recommend I read for quant swe internships for the future?

drifting pelican
#

Passing and interview and job

#

It could be resources too

wraith wolf
#

undergrad probability is prolly fine for QT

#

QR is don't worry about it lil bro

rotund glacier
#

you can get intern offers from most intern places non knowing a lot of this stuff tf

wraith wolf
#

If u want a job just become LC 🙉

#

As with pretty much all jobs

deep cargo
rotund glacier
#

jane street doesn't ask any of that stuff

#

nobody has rlly ever asked me for C++ specifics, even for C++ roles like radix

drifting pelican
rotund glacier
#

Code for fun

empty jacinth
#

how easy is it to switch into SWE roles or ML research in industry roles after years as a quant?

rotund glacier
#

I guess the radix phone was p hard C++

#

maybe I'm wrong

#

I don't remember

glossy sparrow
#

are you allowed to do the interviews in Python?

low vault
#

Berkele so scuffed

still sapphire
remote mural
#

anyone here work at cit 🥺

zenith panther
#

all my quant interviews were leetcode 😹

twin cloud
plush gust
#

For summer 2024? I thought most quant stuff recruited earlier

#

Ahh ok

haughty hinge
#

Anyone did sig qr/qs onsite?

dull torrent
rose holly
dull torrent
# rose holly like most?

lol, this was not the case for me. most of them really went with low level, networking, syntax comprehensive etc

rose holly
#

damn

dull torrent
#

also great music taste 😭😭 who hurt you

rose holly
#

thanks lmaooo

#

followed u

dull torrent
#

LMAO

#

🥹back

candid tulip
#

Does anyone have any advice for two sigma swe final behavioral?

frosty plank
last herald
candid tulip
dire summit
#

Hi friends, has anyone heard of Tibra Capital?

#

follow up question: how bad is being a platform/devops engineer at a no name quant firm?

midnight scroll
#

The Australians?

#

ex-optiver people but idk much else aside from that

dire summit
dire summit
#

In regards to SWE career

midnight scroll
# dire summit Oh shit really?

yeah they got in a lawsuit lmao becasue they got accused of stealing trade secrets since they made money too fast after leaving

dire summit
#

😅

#

Same

midnight scroll
#

Eh I mean who knows

#

The industry is full of oppressive non competes and whatnot

#

Could just be overzealous optiver

final bluff
#

#janestreet

split lintel
#

Jane Street

rotund glacier
#

@primal shell did someone mention me lol

rotund glacier
#

I did, yes

full ridge
#

Juda

split lintel
#

prestige

weary nacelle
#

Ligma

brisk hearth
#

Do qt interviews ask about calc, lin alg, and/or did eqs?

hallow shoal
#

Anybody have any experience negotiating more money after signing with another competing. Asking for a friend.

dire summit
#

would you take this job at a qt:

What you will be doing:

- Deployment, support and monitoring of new platforms and application stacks - measurement and optimization of system performance
- Maintenance and troubleshooting of our core global platform
Introducing and integrating new technologies into existing platforms
- Liaising with stakeholders and supporting their needs
- Creating technical documentation related to system configuration and operation
#

🥲

brisk hearth
dire summit
#

sounds like sys admin or devops to me

brisk hearth
#

yea i considered sys admin as a subset of swe

dire summit
jagged wadi
#

does anyone know the process for 2nd yr quantitative research analyst for 2 sigma? i got an email invite

vocal drift
#

anyone had peak6 interview?

rose holly
#

what to expect for citadel second phone?

haughty hinge
#

Bruh what didn’t u cop

rose holly
#

Does imc accept sophomores though

#

What do they ask for

deep cargo
midnight scroll
#

Wait they base grad year off that?

#

What about the legit 3 year grad people lol

meager sluice
#

What’s the best way to solve fermi questions?

spark seal
#

be omnipotent

midnight scroll
#

Fair enough ig

#

Annoying for me because im gonna end up my sophmore year with 140 credits lol I guess

#

then again im not even applying to these places im just here to read

vast relic
#

I’m a legit 3 yr grad and my school has a lot of those but they said I was too young

rose holly
#

Wait how do they verify hs grad date

manic prism
#

Guys, anyone taken the first round Optiver technical interview? QR role. Any suggestions about preparing for it?

celest star
#

Anyone done citadel phone b4 I would super appreciate some advice I've never had a quant interview b4

celest star
#

I think I should prep two sum

#

all variations

rose holly
#

nah phone is the easiest round

#

i got east hashmap

#

on-site is harder with harder mediums and potentially hards

#

they are very rng in terms of difficulty

celest star
#

okay good to know

#

I'll just prep everything tbh

#

I literally just started applying and they ask about competing processes but they are the first outside of my RO for next coop and FT after

#

but that company isnt really at that standard idk if I should put it

brisk ingot
#

beginning was asking abt my projects, and he asked abt technical details and design choices on it

rose holly
#

Does anyone recommend any books for learning c++ well including trivia?

brisk ingot
#

yea

celest star
#

ok

#

do u remember what the networks question was

brisk ingot
#

1 sec

#

ill type out the prompt

#

"when one server connects to another server, it establishes a bi-directional channel so that both servers can communicate through that channel. Now when two servers are trying to connect to each other at the exact same time, how do you go about preventing two bidirectional channels from being created"

celest star
#

I'm cooked

rose holly
#

so don’t lie on that

celest star
#

doing it rn

rose holly
#

they will only ask u what to state u know well on the quessionare and the resume

#

so don’t cap and say u know OS when u don’t

#

some shit like that

celest star
#

but

#

doing os class rn pog

rose holly
#

it’s an example dawg

#

💀

celest star
#

its joke

rose holly
#

u get the point

#

i was about to say

celest star
#

yes

brisk ingot
# celest star I'm cooked

honestly bruh it took me like 15 mins, i gave like 5 other random potential answers before getting to the actual answer

brisk ingot
brisk ingot
# supple shoal whats the answer lol

said that have an lock when a server tries to establish a connection, and the lock can only be accessed if the server trying to create the connection has a lower id than the other one, which he said was a valid answer

#

i.e. server 1 can make the connection to server 2, but not vice versa

celest star
#

thats what chat gpt said

#

1 of 5 answers

brisk ingot
#

lmao fire

#

honestly got lucky the question was more systems-y than pure networks trivia

celest star
#

well its more like 2 real answers and 3 half baked ones

#

but thats one of the real onezs

#

other is three way handshake apparently

brisk ingot
#

don't think the handshake would work in this case? solution would have to avoid race conditions

#

but idk haven't taken a networks class yet

celest star
#

idk dont shoot the messenger

brisk ingot
#

ye

lethal cape
#

How long did it take for ppl to hear back after first citadel phone (for swe)

rose holly
#

Does anyone recommend any books for learning c++ well including trivia?

soft geyser
#

Are any quants still hiring for '24? either FT or intern, probably didn't pass Voleon

rose holly
#

brah is this real

#

this dude got js qr freshman

rose holly
#

100% troll account

rose holly
#

is there any online resource to study lc questions that utilize some very mathy trick for optimizations?

#

not the basic stuff on. neetcode

midnight scroll
#

Codeforces has user curated "math" lists

#

Albeit the problem difficulty ranges

#

Probably overkill but maybe theres some LC curated lists out there as well

haughty hinge
#

Anyone interviewed for citsec DDM/voice trading intern?

proud fossil
twin cloud
rose holly
#

why not work on your weaknesses?

rose holly
#

How do I learn c++ trivia

robust turret
#

Someone teach me the hack for Zetamac 2 digit multiplication takes like 5 seconds 🥴

robust turret
#

🤓

robust turret
#

Have to get there first

rose holly
#

akuna ded

robust turret
rose holly
split lintel
#

lol
but what about citsec? is that regarded as on a similar level as jane street?

split lintel
#

And what makes Rentech "literally Jesus"?

#

Ooh interesting
Thanks

solar drum
#

live laugh love hrt

brave vessel
#

besides hft and market making, is it all just insider trading

deep cargo
robust turret
thin copper
#

Anyone take the optiver hardware OA?

sweet drift
robust turret
#

How do you Make a Market?

#

Huh?

haughty hinge
robust turret
#

Can u please use more than 1 word to explain this concept

brave vessel
# robust turret Can u please use more than 1 word to explain this concept

use google poopy head, they basically are middle men, someone wants to sell something at some price but there isnt anyone who want to buy it for that price yet, they are willing to buy it now at that price and sell it later, the market makers compete to give the seller the best prices while still being able to to sell it to a buyer at a profit, to do so they need to accurately price the thing being bought and sold

#

the purpose they serve is when u want to sell or buy something u can always do so quickly and at a good price

#

they add liquidity to the market

#

if only 1 person wanted to buy ur apples today then they could say i will pay u 1 dollar when u want 10 dolalrs for it, if u dont have time to wait for other buyers u will have to sell for a price that is less then what the apples are actually worth, hence the marker makers make the market more efficient

#

so even tho they are middle men they still serve a purpose

robust turret
#

But why do they need to price the security? Cant they just use current price to offer the tighest bid/ask

weary nacelle
#

Would meta or Apple be better for quant recruiting

robust turret
weary nacelle
robust turret
brave vessel
# robust turret But why do they need to price the security? Cant they just use current price to ...

they need to know the true value to know if they are over or under paying for the security when they buy off the seller and if they will be able to sell at a profit, they need to know how risky it is buying off the seller and what is the likelihood of getting profit. there is a trade off between offering a good deal and getting the contract and being too risky, unless they find inefficiencies in the market the risk to reward ratio will be perfectly balanced and they wont make money

robust turret
#

And in the long run probability pans out I think

brave vessel
robust turret
brave vessel
brave vessel
#

im not pursing quant but there was a time when i researched this stuff

robust turret
#

Hedging*

brave vessel
robust turret
brave vessel
# robust turret What are u pursuing?

i have no fucking idea, maybe distro sys, im comp eng so i could do quant dev stuff, like people at the company im interning at went on to imc, hrt, headlands and shit, the pipeline is real, but ultimately if ur doing tech, i think u will be more valued in tech, i just like that in quant dev they seem to do real engineering

#

if u want to do fpga stuff, the quants will snatch u up, im not particalarly interested in fpga stuff. if u have really good c++ knoweldge u can do quant dev, i like c++ and have decent knowledge in it but there are significant flaws and i just dont think its worth it

#

like pay is comparable to faang, except u need to be just as qualified and there are way less positions

#

so its just harder for no benefit for quant dev

#

qr they get paid the big bucks but its also saturated af

#

thats the problem with good jobs, the people who have them wont shut up about them then the market gets saturated as everyone hops on the bandwagan looking to make ez cash, the ogs who were advertising their jobs are already seniors so the saturation effects them less, the new blood is getting aids

#

like pre 2008 would have been prime quant time, or even a little after 2008

#

not too many people knew about it so it was much easier to get a job

sweet drift
robust turret
brave vessel
robust turret
#

I think HFT mostly deal with stocks by placing hella limit orders at certain prices and selling them in the blink of an eye

#

HFT make their profits from the underlying and not derivatives

#

Hold on 😂

#

Peak6 this summer

#

I confused myself i’m still learning

#

ty tho

#

Quant trading

#

I’m confused how do you price an equity? Is that not just buying/selling to make the stock move?

sweet drift
robust turret
#

Wait before you continue, you’re getting into options, i’m talking about the securities not the options

sweet drift
#

earnings are priced in

#

oh true

robust turret
#

So pricing the security comes down to who has the most money cause you’re just buying up all the supply to create higher prices. No mathematical formulas right? (NOT options)

#

Wait do the opposite

#

can we switch

#

Wait how is that different from what I said

#

Apple has a prop firm 😭

#

i’m kidding

sweet drift
#

yeah I’m wondering even if they liquidated all their capital to buy apple would it even move the price significantly

#

probably not

robust turret
#

Why would they sell instead of realizing profit at the topside?

#

😄

#

No buyers

sweet drift
#

do you guys trade too

#

and test your knowledge out lol

robust turret
#

What kind of operation do u think Tim Cook has to short circuit a theoretical price surge like that? @blissful kite

robust turret
sweet drift
#

rip

robust turret
#

Tim Cook has a prop firm for sure

#

They don’t sleep

#

Cause if Citsec decided to skyrocket apple overnight, how would Cook react fast enough to sell

#

Hehe

#

OTC 😵‍💫

#

Oh I believe it

#

phones? wdym

#

Oh what do u do?

#

r u a student?

#

😭 free tracy

#

right

#

seems trivial tho

#

Ye, that’s A LOT more exposure than most will ever

#

grats

#

mid but whatever

#

start somewhere

#

thank you

#

will do

zenith panther
#

is otc prestigious 🤔

thin bramble
#

Do quant devs earn more over 10 years amortized

haughty hinge
#

Probably avoiding ultra sweaty 8 figure salaries

fast gazelle
#

when u want to say average or total but want to impress the essay grader

fast gazelle
#

wbu

ruby fog
#

more internships!

#

sigh

burnt saffron
#

How is cboe / cme in the field, working as swe

shy tide
#

this guy is stuck in algos class

thin bramble
#

amortized means over time

zenith panther
#

amortized is redundant

#

as you said

#

(over) 10 years (time)

#

this is why ur at jane street and im at amazon

#

🥱

brave vessel
#

i thought there was more growth for qr compared to qd

deep cargo
#

He’s probably talking about compared to tech

brave vessel
#

ah

#

i feel like tech might be better

#

if u love c++ qd could be a play

brave vessel
#

i feel lke learning ocaml is just way too specialized

midnight scroll
#

ocaml is kind of neat but I wouldnt use it again outside of the courses it was required in

#

Although its impossible for me to understand some of the ocaml code I write sometimes

proud fossil
#

I had to force myself to stop learning ocaml bc of how unproductive it was for getting a job, top 3 language tho

old sand
midnight scroll
#

nah maryland

#

Theres a required class thats kind of an intro to automota theory and functional programming

#

Uses Ocaml for the majority of it

#

The compilers class also uses Ocaml (sometimes some other functional langs I think)

old sand
#

lmao i like how most courses on that list are about programming languages and compilers, and boston college just has it for cs1

haughty hinge
#

Anyone had exp recruiting new grad for qr without exp? from a decent school

haughty hinge
random igloo
haughty hinge
#

I got hella interviews

haughty hinge
crystal storm
#

was it possible?

vast relic
#

no

ruby fog
#

can you stop

#

u gotta relax

#

i didnt feel like answering

#

maybe later

#

😦

#

yo

deft citrus
#

anyone hear back after point72 data eng. hackerrank / hirevue?

brave vessel
#

🤫 🧏‍♂️

#

people who have the skills to get quant will be too busy mewing

brave vessel
#

i think he ment internship

#

although i know a guy who got a job at hrt and helped one of my friends get a job at imc

#

although both are insanely cracked so that prob why he helped him

brave vessel
#

how much c++ would u need to know for quant dev?

brave vessel
#

do u guys think qd will transition to rust anytime soon or is that a pipe dream

#

i feel like finance is more boomer esque

random igloo
#

tracy you are a poor poor pooor poor kid

#

(i'm coping because my school is dogshit)

brave vessel
#

genuinely what are the differences between like ocaml and haskell, how funky can u get with functional languages

#

i mean haskell seems really cool but im pretty sure its considered dead

zenith panther
#

if i interview im giving them the cursed question

#

💀

celest star
zenith panther
#

sorry

celest star
#

Yeah they asked me to obtain a complete system of C^\infty conjugation invariants for Morse-Smale diffeomorphisms

late hedge
#

Anyone here is a swe at trading firms or QD, maybe 0-3 years , juniorish. Could I pm you with some questions please?

queen jewel
#

whats the meta -> quant pipeline? I wanna do a quant internship for my last yr. Which companies are easier targets?

rose holly
#

lower quant firms are easy/have chill interviews but not better than big tech

queen jewel
#

I'll def need to step up my LC game.

#

are you expected to be able to solve most hards

#

or is like 50% ok

#

Which company?

queen jewel
#

i guess its good practice atleast

shy tide
#

is HRT still hiring interns for SWE Summer 24 ?

#

recruiter reached out to me

shy tide
#

i was j wondering bc it's so late in the recruiting season

deep cargo
brisk ingot
#

yea they said application still open but closing soon

zenith panther
#

HRT > JS

#

HRT 🐐

#

HRT > every firm tho tbh

neat summit
#

I have heard for quant-dev that making a trading engine is a great project. But for quant-research what projects would you recommend. And would you recommend specific buy/sell side quant-research projects?

#

Even if they are non-finance ML applications?

ruby fog
#

that is not a side project lol

#

takes way more time to not be qualified as a side project

#

but sure

wintry tendon
#

i think thats the point

quasi orbit
#

does js "blacklist" if u fail the onsite?

celest star
#

They just decide you’re perma not a good fit?

rose holly
#

citadel doesn’t blacklist right

deep cargo
quasi orbit
deep cargo
quasi orbit
#

like assuming i fail before lunch

rose holly
#

wait they perma blacklist?

#

i thought it was for a year or two

celest star
rose holly
celest star
#

idk

#

did u do first phone?

#

I have it tmrw

rose holly
#

ya i did

#

first phone rlly easy

#

second phone was easy too but he asked me a mathy optimizated q

celest star
#

second phone is just 3 first phones bacl to back no?

rose holly
#

that was very niche

celest star
#

it says that on the document they sent me

rose holly
#

thats final bro

#

even tho they say its only one phone round

#

they give multiple most times

celest star
#

wait so they call it First Round Interview then theres Virtual Onsite and then thers Team Introduction

#

but you're saying theres multiple first round?

rose holly
#

yea

celest star
#

fck

rose holly
#

for most ppl ik including myself they gave us multiple of those

#

i think they have a lack of certain indication

celest star
#

what role?

rose holly
#

cuz cit can ask either rlly easy qs or rlly hard

#

its not consistent

rose holly
celest star
#

hmm ok

#

im swe as well

#

did u ask recruiter about it?

#

like why am I doing first round again?

rose holly
#

no cuz my friends had to do that too

#

they just do that

#

so didnt ask

#

ik someone who had three inital phones

#

althought i heard three is rare

#

atmost two usually

#

and then its final which is three back to back phones p much

celest star
#

interesting

#

I guess if they didnt get a strong enough signal?

#

but after final

#

is team introduction

rose holly
#

yea

celest star
#

where u still dont have offer and could not match

#

so its not really final

#

lol

rose holly
#

honestly just like hope u dont get a mathy question

#

those are the absolute worst

celest star
#

I assume you mean mathy leetcode style? or just a straight math question?

rose holly
#

yea bruh those the worst

#

like hard math ones

#

not the basic algebra ones on neetcode

celest star
#

prayge hoping I dont get one

#

and if I do

#

Imma ace that shit

quasi orbit
#

wait deadass/

#

like for intern or intern + ng

#

i think they hired a few

#

or what if i just run intern

zenith panther
#

its always binary representation

#

or do sqrt of big number and find smth

quasi orbit
#

wtf

#

its hard

#

i think its 2 technical -> lunch -> one more technical

deep cargo
#

less rounds for swe and if ur not perfect ur gone for js

quasi orbit
#

ng is 2 -> lunch -> 4

#

oh im talking abt swe

deep cargo
#

👎

rose holly
zenith panther
#

😈

rose holly
#

good for u buddy

zenith panther
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just count all the valid solutions

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😭

rose holly
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bro my shit was harder

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😭😭

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it wasn’t that simple

zenith panther
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nah

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just count em

blissful kite
rose holly
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i wish it was that

zenith panther
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💀

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js swe is hard asf i hear

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they dont ask hard questions

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just really care abt speed and not messing up during implementation