quants-n-traders

[low vault]

FWIW if the event is anything like connect you do not have to do any studying ahead of time

it was mainly just a recriting event to get people interested in the firm

and to let people spam full timers with questions

there was no assessment on the firm's part

[dire arrow]

thanks for info 🙏

this one for js and they said sum about mock trading competitions and shit

i hope its not too sweaty tho im not good at math yet

[lethal apex]

Oh they are so sweaty

mfs do figgie for fun

[low vault]

[dire lintel]

get good then nigga

[keen ember]

igh l33thaxx0r😭

[dire arrow]

das da plan

[dire arrow]

disagree

no quant math is hard

just gotta be quick widdit

not like they doin sphere packing and diff geom

[lethal apex]

"For 11 days in March 2007, Optiver engaged in 19 instances of an illegal manipulation scheme known as "banging the close", with a minimum of 5 being noted as successful. It involves executing trades of large volumes near the close, with the intention of manipulating closing prices."

[tranquil wagon]

I disagree with this

I probably could be given 1000 quant math problems and be lucky to solve 1

I’m ngmi tho

But they still aren’t easy

Maybe I’m too much of a swebob

[dire arrow]

harder than geneneric prob/stat/linalg fs

im not good at abstract theory with dense notation

yes computation wise im sure its quite simple

but I cant read it at all when ive tried

I can read most stat/ml papers quite fluently

its hard to desscribe

I cant hear the music fortopology based stuff

im better with vector space and combinatorics stuff

probably qr/qt , not that strong of a programmer

but then again im not that strong at anything yet

just looking to see what I like yk

I like data science the most so far

applying transfers too

yup yup thats the plan

i got some js insight week bs that supposedly locks me in for an interview for next cycle

i j need to sweat prep

oh bet nice

did u do it?

nice nice how was it?

trading

what did they have u do

is there anything I should prep?

yea I can tell

universe does not sing to me sadly

iim bipolar

isssue is I cant actually code besides leet in python

ill time it with regime shifts

I thought qswe was like systems and PL trivia heavy?

If i have LLM access I can acc code anything

ill j bring 3 macbooks and run llama 450b local

I needa learn ts

was it poker and figgie mainly?

thanks g

[tranquil wagon]

Actual performance engineering is a very different skill set than leetcode

[lethal apex]

How many swes are actually doing performance engineering be fr

[tranquil wagon]

The ones who have fun jobs

The non crudbobs

[lethal apex]

Yea that’s a tiny percentage lol

[tranquil wagon]

Reactjs max

[lethal apex]

React 🤢

I just output raw web assembly

[tranquil wagon]

We are in #quants-n-traders tho

[tranquil wagon]

Dang all my hopes and dreams have been dashed

Tailwindcss is the most prestigious specialization

[summer jackal]

anyone else ghosted for arrowstreet qd intern after final

[lethal apex]

sorry to hear that, do quant firms typically ghost after X round?

[peak egret]

avacadoo

[autumn shard]

free sha vaca doo

[gritty seal]

how good is transmarket group

what are the vibes

[gritty seal]

damn, why so?

[lethal apex]

Need andrew tier list

lowk convinced andrew just saving the best quant for himself

tmg about to have some devious pods

Larp

also andrew didn’t even get apple ML you mog

No idea how you passed the MS/PhD check tho

Larp day 56

You not at UC Irvine tho so nothing you do matters

[lethal apex]

I hope you are joking

oh my god

swe or not that still sucks

Not mentioning firm is instant aura loss

Means anyone can get it if they know the firm name

gotta have radix

Nah I’d win

ima get Spark

If you got radix you could tell anyone

100% he was glazing max dama

Ngl I’m not trying to pry, but if andrew was at smthg like bcg I’d be so sad

Consulting 😻

I do hardware so I gap whatever qr role you have

have fun making alpha reports

arudino

real asf tho

Competing against people who put arduino project as embedded exp

Might be the gapped one

[green vortex]

100%

you guys would take ctc SWE over Meta?

[stoic wigeon]

if ur end goal is js swe then lowkey yeah

otherwise no

although im p sure that meta can get u interview for js swe

[green vortex]

I think so too

[lethal apex]

Funniest dox

[lucid shard]

@lunar thicket i heard ur going to trillium

is it true

a bird told me

congrats bro

hard work pays off

nice as you should man

[slate crown]

u GT?

[lucid shard]

ive heard that publix -> trillium pipeline is good

[slate crown]

oh i heard publix and thought gt lmao

hi

chec k dm

[midnight scroll]

anyone know two sigma hc

[severe flicker]

does anyone have a link to that page with all the citadel/citsec team descriptions

[spare fossil]

is getting cit/2 sig possible without grad school ^_^

[near nymph]

yeah

[spare fossil]

double major cs math ? or am i overthinking it

[stone vector]

it's possible but you have to be cracked

[neon mirage]

It’s possible, You just need good exp

[spare fossil]

what does good exp consist of? research? do faangs play a part ?

[neon mirage]

Yeah basically, research and faang both play a good part

Also just do welll on OA and phones and whatnot too probably

[spare fossil]

swe or quant ^_^

[spare fossil]

is there research anywhere that can be done if ur not in school

i’m sorry for the questions i’m hella curious and felt like this would be the place to ask

[neon mirage]

I think there is but I am not 100% sure nor do I know where you can find it 😅😅 im sorry

Also yeah this is just my two cents on SWE, QR may actually be joever

[neon mirage]

Also, if you’re looking for NG roles how are you not in school?

[spare fossil]

word.

[spare fossil]

i am looking for ng roles

i grad next sem

[neon mirage]

Oh I gotcha gotcha

I think it’s a little late maybe for quant NG if you’re graduating may 2025?

[spare fossil]

yeah you right, im thinking swe but then try and do research and get into it later down the line

[neon mirage]

definitely possible. I have seen many LinkedIn profiles of ppl that went big tech -> quant

[spare fossil]

ill get on the look then

thanks for the hope

[neon mirage]

https://tenor.com/view/prayge-utapri-prayge-tokiya-ichinose-ichinose-tokiya-starish-gif-3515470748081611364

[near nymph]

ng will be hard if u have no quant exp on resume

[slate crown]

can it be any quant exp or from top firm

like ik with meta u can get cit and JS interviews for NG

[lethal apex]

Nah I’d win

[spare fossil]

keep me posted

😭

[low vault]

Does anyone know about P72 HFalgo team

Comments/ppinions

[quasi orbit]

u have better alr

[low vault]

I meant for fall not summer

Idrk if cit would be better

[quasi orbit]

js

[low vault]

I don’t have JS fall

They didn’t let me push

[quasi orbit]

Try again?

[low vault]

wdym try again

how does that even work ???

they said they can't

[quasi orbit]

theyre recruiting for fall now i think

[low vault]

i suppose I can reach out again to see if they've changed their mind

but I don't really see why things would be any different unless if they resolved the visa issues

(they said they would reach out in that case anyhow)

[low vault]

there were also people in fall process before it opened

so idk if that really matters

[terse barn]

wait why

💀

ohh wait nvm

there were spring interns i think

[terse barn]

yeah but hes also waterloo

[lethal apex]

Crying sobbing rn

[olive island]

Hello
I was looking for some resources for quant / hedge funds. Which I should know beforehand going for intern. Any help is appreciated.

[drifting imp]

Has anyone interviewed at radix recently for software?

[low vault]

Crying sobbing ng rn

[glass cedar]

Has anyone done two sigma swe interviews? I have FT technical interview coming up and am wondering what to expect

[lethal apex]

😱 no way

[lethal apex]

what do you think you messed up on

[drifting imp]

What was that like

[halcyon saffron]

Does anyone wish to do a reading group on the green book this winterim?

Prerequisites is probably Probability, Linear Algebra, Programming, Stoch Calculus, Calculus

Analysis is also nice to have

[gentle orchid]

👋

[tribal bough]

i have it and its outdated

[lethal apex]

Viper mogs you lil bro

[dry kestrel]

Hi... New here !!!

[stone vector]

@lunar thicket thought on ML compiler as a field

ML compilers seem interesting

don't know if it's worth making a career out of though

[stone vector]

wdym

like compiler engineers

but for ML

[languid wing]

companies will drop pretty big money if you are a compiler expert though - any product/team working on scaling and performance of large ml systems will require compiler experts. only issue is not many companies work on such huge scale

meta mtia / aws annapurna are hiring a ton rn, altho mostly poaching google xla engs

ig openai too but they are still pretty small in comparison

[mortal lake]

optimize the executable for a given hardware target

things like layout, tiling, loop unrolling, etc

fuse operations

difficult task because the design space is huge

so i think xla for instance uses some heuristic based autotuner

there's ongoing research in using deep learning for cost function modeling

[peak egret]

Anyone do Putnam yday lol

How was it

[tranquil wagon]

Isn’t stuff like layout and tiling mostly algorithm design? I don’t know too much about ml compiler stuff but I’ve mainly seen those concepts implemented in software like in all the linear algebra libraries

[fresh swallow]

Ask @jaunty ingot

That's his job I think

[jaunty ingot]

I have been summoned

I do ML compilers. It's a good choice now but be prepared that you might need to switch to hpc/traditional compllers/ something else ifML ever becomes less important.

[jaunty ingot]

This is basically right but also ML hardware often has software controlled scratchpad instead of hardware controlled cache so that creates many problems to work on

There are also scheduling problems the same way a traditional compiler would have instruction scheduling problems

[peak egret]

do you really ever see this happening though?

[jaunty ingot]

There are also scheduling problems the same way a traditional compiler would have instruction scheduling problems

[peak egret]

like im sure the hype will die down but i doubt demand will decrease that much

[mortal lake]

if you write pytorch code, where do you put the tiling

(you don't)

[tranquil wagon]

I’m not talking about writing python, I was talking about the people who write the libraries that you glue together with python lol

[mortal lake]

then that's not ML compiler

that's GCC

[tranquil wagon]

Yeah I was kind of saying I’m confused what a ml compiler actually does

I’ve never heard of it

Ml is not a domain I really know much about, I know more about traditional hpc stuff and regular compilers

[mortal lake]

you write high level code which gets optimized for hardware target

if you write C++ directly, you tile your own code obviously but your compiler is gcc or similar adaptations for whatever target

for huge models this is expensive as hell

in terms of developer time

[tranquil wagon]

Yeah that’s my experience, so an ml compiler can just take super high level instructions like matrix multiplications and optimize them for the machine automatically?

Like an opcode for a ml compiler is matmul or smth?

[mortal lake]

because you need

1. engineers who know the hardware target
2. lots of trial and error
3. c++ which takes a lot longer to do than python

matmul, conv, add yeah

look into OpenXLA HLO graphs

[tranquil wagon]

I see, thanks for explaining

[jaunty ingot]

There are also scheduling problems the same way a traditional compiler would have instruction scheduling problems

I'm more of a bear than most and even if ML follows the same trajectory as the internet (in this analogy we're in the dot com bubble rn) there could still be a rough few years

[jaunty ingot]

Debatable

[jaunty ingot]

Yes!

These ops are then written in c++ and compiled by like gcc or clang

They work in tandem with ML compolers

If you want more detail look up glow, this was one of the first ML comopilers and was from fb in 2018

Iree is a little more modern and is its own thing

ML compilers deal with a ton of problems that traditional ones deal with too

[tranquil wagon]

Oh gotcha, so it just does all the tiling and other stuff for you as a part of the compiler instead of you writing it yourself

[jaunty ingot]

Yeah

And like aetting up interdevice communication

One big thing is making sure tiling is harmonious

Like if op A depends on op B, make sure their tile sizes agree

You also have graph rewrites like relu and maxpool commute but doing maxpool first is more efficient

[lethal apex]

Are there any standards for these ops

[jaunty ingot]

How do you mean

[zenith panther]

orz orz orz orz

[verbal ocean]

ML

[zenith panther]

@verbal ocean orz orz orz orz

[lethal apex]

Are there any standard sets of ML op codes we should follow

[sand willow]

ramp vs stripe for last internship before new grad? trying to aim for quant new grad, got hella interviews this cycle but didn't make it :/

trying to decide how much resume value vs. long term prospects matter

[jaunty ingot]

All of the compilers need to be able to interface with ML formats like onnx/pytotch so you need to be able to read those in but how you represent them is up to you

[lethal apex]

Sounds incredibly involved, do people actually implement entire compilers that support formats, or just limit to specific formats and op codes.

[jaunty ingot]

Yeah model loading is a fuckton of work

The TPU compiler converts everything into XLA

IREE accepts anything

Glow (which was one of the first) accepts like 5 formats

And each format may have 100s of ops lol

[native pumice]

whats the consensus on drw swe

vs ninjatrader swe vs cme risk operations

[lethal apex]

Drw

[native pumice]

why

how so

[lethal apex]

As a swe cme ninjatrader no prestige

[native pumice]

what if it was cme matching

intern

[lethal apex]

I would still do drw

[native pumice]

what if all the positions were ft and it was cme match engine instead

ik cme intern is cooked but how is cme as a whole cooked

[floral salmon]

what if instead of those companies it was different companies

[native pumice]

thank you

im just asking drw vs nt vs cme swe

some dude said cme is cooked i was wondering why bc it seems like cme is doing just fine and then he deleted his messages

[untold prawn]

drw and its not close

[native pumice]

ok

then my next question what is the consensus on cme match engine

[native pumice]

compensation wise doesn't nt have the greatest upside?

[livid wedge]

how would working at a company that builds a platform have greater upside than working at a top tier quant firm

if ur on a good pod/team at drw the upside is wayy higher

[native pumice]

well hear me out regarding nt

[livid wedge]

do u have a drw offer

[native pumice]

right now every exchange has nt on their nice list cuz theyre easily a t3 platform

process

nt offer cme offer

[livid wedge]

makes sense so ur coping if u dont get

[native pumice]

exactly

[livid wedge]

just focus on getting the drw offer and feel free to dm me once u know ur team

i got their offer last summer chose something else tho

[native pumice]

drw funded nt. isnt the upside the highest in case of aquisiton

[lethal apex]

Tbh sounds like you know what you prefer anyway

[native pumice]

ur onto it

[livid wedge]

i dont think ur thinking about this right ur not gonna get that much equity in nt so why would the upside be highest in case of acquisition

[lethal apex]

if 5 people here telling you drw ain’t enough then go for what you want lmao

[native pumice]

the possibility exists

[livid wedge]

meanwhile if u perform and ur on the right team u can get a cut of the team/pods earnings

and drw prints in certain sectors

[native pumice]

they just might not understand the context of my situation

[native pumice]

ok i didnt understand this

[livid wedge]

u would if u got the offer

[native pumice]

that helps

[livid wedge]

and knew the team

[native pumice]

ok someone said cme is cooked is there a real reason why or is he just saying that

if i dont get drw which would be best cme vs nt

[livid wedge]

again why do u want to work at an exchange rather than drw lmfao

does not make sense to me

[native pumice]

depends on team doesnt it

[livid wedge]

no clue tbh it depends what u want, if u want quant i think cme would be better

[lethal apex]

Hmm maybe if you love infra

[livid wedge]

like ive seen people go from cme to other quant places

[native pumice]

yeah ive seen the same

[livid wedge]

u can always get to a firm and change teams

[native pumice]

valid

[livid wedge]

also if ur at the final drw round u should know ur team alr the interview is team specific

[native pumice]

ok ty

cme also has the largest impact too which is something that matters to me

[midnight scroll]

how is this even a question

CME is like what 130?

DRW like 300? idr

No clue what ninjatrader is but I sincerely doubt it's even close

definitely DRW > CME > NT

NT should not even be considered

[native pumice]

I know CME is 110 and I think DRW is around 170 and NT is 120

[native pumice]

It's a pretty big retail platform, real quants don't use it

Most NT customers are just ppl in their moms basement trading cocoa futures tbf

[midnight scroll]

is DRW not swe?

[native pumice]

No it's swe

[midnight scroll]

Then how is it 170

[native pumice]

am I reading things wrong?

That's what I'm getting on levels

[midnight scroll]

Cant use levels for this sorta thing

[native pumice]

I have a reference and I also got sub 200k for drw swe

[midnight scroll]

DRW base might be 170

but add in the bonus

and you're well beyond that range

[native pumice]

Idk, I know houston pays a lot better so maybe that is where you're getting those numbbers from

[midnight scroll]

Doesnt matter location its not going to be 170

[native pumice]

Ig it depends a lot on desk

[midnight scroll]

Shouldnt even matter the desk ngl unless you're so far in the back office that you never even see a $

[native pumice]

Well isn't drw known for trading more of ice's products

[native pumice]

So naturally the htx ppl are going to get more competitive

[midnight scroll]

I mean levels is bad because people are too dumb to put in datapoints properly

but like base alone looks like consistently 175

Add in bonus and you're well above

Looks like around 300 is the norm

[native pumice]

Well bonus varies significantly but I see where ur coming from

[midnight scroll]

I mean bonus varies by performance

so like yeah it's hard to say what your salary is going to be

[native pumice]

Of course

[midnight scroll]

but unless you shit the bed you're not getting anywhere near 170 or 200

[native pumice]

Got it

[lethal apex]

levels bad for quant

also if you're bonus is low you'll probably be out in a year anyway so who cares about TC

[native pumice]

yeah whats the turnover look like there

[lethal apex]

idk lmk after you choose DRW

[tranquil wagon]

Hahaha

[lethal apex]

Anyone have comments on maven, i.e culture, prestige, pay?

[stone vector]

marble

marble

[stone vector]

120k L2 full stack 1 year exp

cap asf

crash out when you make less than a C1 swe ng

[tranquil wagon]

They blacklisted me after I ghosted the interview request last year so I don’t think they are chill

[lethal apex]

bro 😂

[whole ibex]

what do qrs do

[tranquil wagon]

If I failed HRT OA this year will they give me OA again next year or is it over

[tranquil wagon]

Yeah I’m ngmi

[stone vector]

everything is cooked

[lethal apex]

wdym by implementation problem

[lethal apex]

You said lc easy and implementation problem, what do you mean by implementation problem

Like implement c++ primitive

Least confusing cscd interaction

[rotund thorn]

Has anybody taken the Akuna junior trader final

[fossil flint]

I just got assessment from sig for discovery day shouldi be scared

[lethal apex]

Yea he’s misinformed

[native pumice]

i was under this impression bc ik drw prints when it comes to ice's products

Afaik cit and drw are the only big names in htx

but i could be wrong

this is also a potential yeah

[peak egret]

we can mock each other lol

[fossil flint]

if i pass will i get it?

or is that rng

like hows the process

[rose holly]

Yeah I can, which firm?

[sturdy bison]

Hey I got Cit Sec QT Intern superday scheduled... Has anyone gone through it? Any advice? DMs open.

[terse barn]

oa --> phone --> ghost

its actually random after phone

[fossil flint]

Dam really

Is there a way to prep for phone or do I just yap

[fossil flint]

Thanks btw

[terse barn]

i think its mostly behavioral

iforgot if there was a brainteaser or probability question or something but if there is one its really easy

[fossil flint]

How easy is easy 😢 I haven’t taken a stats class yet.

[terse barn]

like "roll a dice, whats the EV" easy

[fossil flint]

Thanks👍❤️

[gleaming mauve]

Anyone did citadel launch?

[uncut steeple]

its over

once a lifetime

not even joking

im sad too

[trim sun]

are there any quant still open apps rn?? other than optiver im in the pipeline rn

[lethal apex]

JS

[tropic osprey]

even citadel

[lethal apex]

Trillium hate is not okay. They offer a respectable 600 dollars per week to work in the greatest company on Earth.

[lethal apex]

@coral cosmos can I dm about bw

[still sapphire]

Has anyone given citadel eqr 2 x 1 hour technicals? Any help on what they ask? This is for swe/quant dev.

Also got nxt hackerrank 2024. Any recommendations on how to prepare for this?

[pulsar scarab]

Need some quant processes
What other quant is there
2S
SIG
Cit
Hrt
JS
Cubist
Arrow Street
Millennium
Akuna
Optiver
Maven
CTC
Imc

That's still hiring for 2025 ng

[grizzled grotto]

idk if these r still hiring for 2025 but this was shared in another server https://www.linkedin.com/posts/quantableio_quantable-firm-list-activity-7222635532596457472-vQvT/

[fresh swallow]

I don't think the interviewers are gonna be on here telling people what they're asking boss

[lethal apex]

Here “given” = “taken”

[peak egret]

Is that actually how low it is 💀

[fresh swallow]

“Here” = India?

[lethal apex]

Yea p much

[still sapphire]

Hahaha sorry i didnt mean to tell me the actual questions themselves (altho wouldnt mind 🫢) but more so about the structure of the interviews and is it LC, trivia or something else etc.

Thank you sir 🫡

Is this for EQR or NXT? Isnt system design supposed to be more qualitative into designing the infrastructure of the solution given a problem and constraints?

Nice!! Howd it go? Were you able to get through to the onsite?

I have ~1.5 yoe in FAANG but i guess probably the same process and considered to be a new grad more or less.

Oh interesting. Same structure right 2 x 1 hour interview and an onsite after if you do well?

Ah fuck that sucks man. Sorry about that. NXT is still looking btw. Should definitely reach out to the recruiters they have a completely separate process.

Theres so little to know about them online though! Mine is for python “quant dev” role btw. Were you going for the same thing or C++?

[coral cosmos]

PDT

Group One

Valykrie

[undone barn]

I am curious about the quant world and want to know how people get in. Is this the right channel to ask seemingly dumb questions?

[still sapphire]

Is OMC Hacker Rank auto sent to everyone? Tried searching but couldnt find a definitive answer.

[trim sun]

is Renaissance Technologies good

[tranquil wagon]

Most ngmi quant

[rose holly]

I am curious about the quant world and want to know how people get in. Is this the right channel to ask seemingly dumb questions?

[still sapphire]

Experienced junior hire python

Just gave nxt hackerrank. It was quite random.

[still sapphire]

Swe = tech prep on steroids
Quant idk but i think very hard to even get in from like non trader role to trader transition most seem to be interns or new grads but others can keep me honest here.

[lethal apex]

What’s w everyone wanting to be traders all of a sudden

[floral salmon]

i love trading i love the challenge of the markets i find finance so interesting

[rancid turtle]

So whats the difference between trader and quant. I want to get into trading, but I don't think I am smart enough fro quant

[low vault]

quant (in general) refers to the quantitative finance industry, which can include people who work in software, trading, research, etc.

trader is like

someone who trades stocks

but here trader probably means trader at a quant firm

[lethal apex]

watch coding jesus should help introduce you to some general concepts

[zenith panther]

money money money money money

[zenith panther]

ew

[deep cargo]

How dare u insult my religion

[fossil flint]

U think if i was to miss an assessment form sig theyll let me redo it

it was due today and it was open this morning but not at 8pm ct?

[fresh swallow]

No

[stoic wigeon]

nah fr fuck imc for that

esp if ur international ur literally cooked

[thin quest]

what if blind added a sort by tc on comments

[tranquil wagon]

This is not rlly a new phenomenon lmao

But personally I am swe all the way

[runic bramble]

is anyone an actual trader rn

[fresh swallow]

Lots of people are

[runic bramble]

anyone offering resume review

[void sorrel]

Ya IMC laid off 8/32 new grad traders last week

[runic bramble]

joke?? or serious
that's 25%

[void sorrel]

Serious

[void sorrel]

All return interns too

All 8 were return interns. No external ng traders got fired

[thin quest]

so what do they do know

isn't it adverse selection if another firm picks them up

[storm gazelle]

Has anyone done the HRT SWE Python first phone interview?

[slate wind]

Bump lol what happened to IMC ng SWEs😭

[static musk]

they usually do it later than this

this is early

[stoic wigeon]

i heard that one of the ppl laid off got an offer from google like 2 weeks after getting on pip

idk what the other ones would do tho

do yk what other firms do that

like drw citsec or js

[stone vector]

crazy

[runic bramble]

for what?

[median sphinx]

Which firms have job openings rn?😭

[thin quest]

flow

[fresh swallow]

Lots

Everyone is hiring rn lol

[storm gazelle]

Boosting this^^^

[storm gazelle]

Yeaaa

[gusty root]

screened

[brave vessel]

anyone heard of squarepoint?

[rose holly]

Yeah

[brave vessel]

thoughts?

[rose holly]

Don't join if ur not french

[brave vessel]

im half french

[rose holly]

Go for it then

[brave vessel]

why do you say this tho

[fresh swallow]

One of my coworkers worked there he didn’t fuck with it

[rose holly]

Are you fluent speaker?

[fresh swallow]

He was French

[brave vessel]

nah but i learned in school cuz canada

[rose holly]

Payout is top heavy, to reach top you have to be french

[brave vessel]

wdym by top heavy

[rose holly]

All of this only counts if you are revenue generating

(qr)

[brave vessel]

oh im doing software not qr

[rose holly]

As in most employees are just making management richer

[rose holly]

Then prolly doesn't matter as much

No clue how competitive pay is

[brave vessel]

its pretty mid ig, not sure what i can share but im just glad to have a job as backup for now

well for canada its good acc

but for quant funds its mid

[rose holly]

Comparison is the thief of joy innit

[brave vessel]

ya, i was so worried i would be unemployed but then once i got offer i was bummed about pay

job market for canada is pretty cooked atm

so i should be greatful

what i would give to graduate during 2016 - 2019 stretch

[bleak aspen]

It's a first cum first serve so dm fast

[brave vessel]

That sounds like it could be fire and acc make things better but could also be abused to bully people

A cool down would make sense so people who improve can go down on the leader board

But an even better solution is u grow some balls and just tell people they smell like shit

[brave vessel]

my interview was just code and seemed pretty easy tbh

isnt that every quant fund

and cant you give them outdated strats

[low vault]

isnt sqarepoint kinda meme

they're also like one of the only firms that does significant ops in Canada (other one is DRW)

[low vault]

All the Canada firms are kinda meme tbh

[tranquil wagon]

What’s alpha

[lethal cape]

Anyone heard back from citadel r2 qt intern? Took it last week

[tranquil wagon]

Sorry I’m such a swe 😔

[wild tree]

Are you in the pipeline for new grad?

[brave vessel]

I got offer

[brave vessel]

https://tenor.com/view/sonic-sonic-the-hedgehog-sonic-prime-alpha-alpha-male-gif-8377936477424024750

^alpha shit

[storm gazelle]

What was it like? Apparently it’s a convo abt OS and systems design? Idk shi abt either

[slate wind]

Then you’re fucked bro😭

[gusty vector]

anyone got tea on the Optiver swe intern technical?

pls dm me thx

[fossil flint]

what is bayesian

am i cooke

who is bayesian

[near nymph]

frequentist gaps

sorry

[gusty vector]

was that on the oa? cant rmbr

need interview info

[brave vessel]

L take

i took a probablistic reasoning course which is basically just ML + Bayesian stats and the entire time the prof just talked shit about frequentist

[near nymph]

i’m trolling my bad

[brave vessel]

im a bayesian fanboy for sure

ya they prob all do some amount of frequentist

like i think frequentist is easier to compute compared to bayesian

i think that was the main reason why frequentists was more popular than bayesian for so long

ya but i assume they have data sets going back to the 80s

or prob even before that

like back in ye olden days

although even then the signals are so noisy, frequentist would prob be really hard to spot ghost patterns and shit

i feel like alot of companies alpha is just insider trading or stock manipulation

like algos to manipulate the stock but to not get caught

if you own 1 billion intel shares you can sell x amount stealthy to manipulate the stock

idk there was some guy at 2sigma who got in trouble over covid for making too much money

ig maybe he was taking on more risk than he was allowed but he seemed pretty goated

makes me think hte was instead doing some sus shit

things like hft or market making where you provide a service seem like a much more consistent way to make money but actually trying to find ghost patterns today when the market seems so efficient seems so difficult

ohhh

idk i would like to see some of rentechs outdated techniques to get a good grasp on their strats

i think in the 80s they just did basic mean reversion and they had alpha

there is also a random processes class which is kinda like a continuous markov chain if i recall and i know its used alot in quant field, I was thinking of taking it but outside of quant and signal processing its kinda meh

and some monte carlo sim stuff

maybe

cant you use frequentist to determine you initial beliefs for bayesian

like the prior (i think its called that)

oh ya isnt that like a common trade off, less data means we dont want ot fit to outlighers so we need higher rigidity

where as inf data we converge to line of best fit (at least for bayesian regression stuff)

maybe

although i would figure other funds like citidel would have big data sets as well

like i dont see how rentech could keep their data set exclusive, or how they could ensure they have the lead on collecting new data

ya its also quality

ya

still even determining what is and isnt important seems hard af

like often with these big data sets i feel like the play is to make little assumptions about the data and let the model learn what is and isnt importatn

[hot mica]

Lmao this is why u only got squarepoint swe (their middle office devs)

Bonus season gonna make u act up

[brave vessel]

https://tenor.com/view/nerd-nerd-emoji-gif-1712163874519931175

u r in fact still ugly and bitchless

[hot mica]

Poor base, poor base increments, small bonus.

Some might say "cooked"

[brave vessel]

your money will not save you from dying alone

[hot mica]

In a long term relationship, sorry to disappoint champ.

[brave vessel]

shes ugly as fuck, sorry to dissappoint champ

[hot mica]

Strange thing to say

[brave vessel]

jk im sure shes a nice lady

[hot mica]

We both know this is objectively true btw.

You made some wild claims here, dont expect not to be called out

Its rude, ignorant and naive

[brave vessel]

https://tenor.com/view/cutecore-toll-gif-14989780945369042465

[hot mica]

Hope it helps your ego telling everyone you work at a quant fund lol

[brave vessel]

i dont really want to work at a quant fund

[hot mica]

Yeah not with the pittance they are paying their swes

[brave vessel]

although i dont think speculatiing on insider trading is that big a deal

nor do i really care about the feelings of these mega corporations

like what, "its rude" ok

[hot mica]

• uninteresting work.

[brave vessel]

brother you came out swinging for no reason

[hot mica]

I hear Constantine sucked off his interviewer to get the offer

Couldnt do fizzbuzz

[brave vessel]

true

[hot mica]

Hearsay of course, speculation type shiiiii

[brave vessel]

obviously an individual is different some a giant compnay

[hot mica]

Just a feeling, you feel me?

[brave vessel]

did it acc peeve you to imply large financial companies cheat to make money

[hot mica]

I open this server to look at what cute comments @lunar thicket makes.

[brave vessel]

do you collect citedal merch or something

[hot mica]

And everytime i see misinfo about the industry from a bunch of intern "quant" devs and a lot of self-fellating / circle jerk over whos more "cracked"

Just adding more noise to the server

[hot mica]

My trolling ^

[brave vessel]

"no noise in my discord server" 👆

[hot mica]

Dont need to get hot and bothered buddy

Bro doesnt recognize a troll 🤣

No fun allowed type shii

Poor guy... (literal)

[brave vessel]

dont back peddle u took that shit serious

[hot mica]

🤣

@lunar thicket

Buddy thinks we serious and shii

Lmaoooo

Must have struck a nerve...

Sorry

[brave vessel]

https://tenor.com/view/silver-surfer-surf-surfing-marvel-gif-9153393

https://tenor.com/view/donut-eating-black-guy-krispy-kreme-gif-7080139855647127855

typa shit i be on, you could never

[low vault]

[median sphinx]

Did anyone take virtu financials oa?

[fossil flint]

is it good that i got oa from sig for internship or is it automated?

[midnight scroll]

Auto

Belvedere vs stripe? (Final Internship)

[fossil flint]

wat

[midnight scroll]

Friends debating two offers

[fossil flint]

can i get the other one

whichever they dnt choose

[fresh swallow]

What are their other internships

And what do they want to do

Lol

[lucid cloak]

what role, qsd?

[fossil flint]

sde

[visual smelt]

depends on what they want

stripe is safer RO

and better for tech

[midnight scroll]

Amazon, looking for long term growth (so really just res value) for quant

But also stripe for just in case in keeping door to tech open

Is a decent benefit for them

Basically it's really just is the belvedere res value higher than stripe for quant

[visual smelt]

ik lots of stripe interns who got jane street / other interviews this season

so i think stripe has pre good res value for quant but probs lower than belvedere

[zenith panther]

id take stripe

[cursive atlas]

swe for belv?

[fresh swallow]

If he wants to work in finance for certain he should prolly go for Belvedere

Amazon is good enough resume value to go back to tech if he wants

[midnight scroll]

Yes belvedere swe

[lapis glen]

stripe

[fossil flint]

seemns unanimous for belvedere

[lapis glen]

interested to know why

[lethal apex]

just trust

[rose holly]

source: trust me bro

[hallow sail]

any places still hiring interns for this Summer?

prob not I assume

oh dope

got rejected already from both of those lmao

tryna see where to apply next basically

[fresh swallow]

Least immature cscareers discord user

[cursive atlas]

how good is geode

[dire finch]

boston so it larps nyc finance like arrowstreet

[next venture]

How good is Coinbase internship to transition to quant?

[fossil flint]

Are u sophomore v

?

[next venture]

Yeah

[fresh swallow]

Implement standard library data structures yourself

STD::vector, std::unordered_map, std::optional

The knowledge you’ll gain from that should prepare you for the c++ portion of it

Also very important is being confident on OS topics

[lethal apex]

is there a unified resource for the solutions to these implementations

[fresh swallow]

There are test suites online somewhere to ensure that your implementation conforms to the standard

I think

I always just wrote my own test cases for everything I could think of

You can also find online the actual implementations

But they’re very difficult to understand lol

[dire finch]

my palantir position is cooked

[stone vector]

short

short

short cover keep shorting

take out student loans

once it goes down your position will go to the moon

may take a couple painful years

being homeless

but the upside is you will go to the moon in the future

[lethal apex]

all companies must die eventually therefore a long-term short position is ideal

[stone vector]

such wisdom

[fresh swallow]

If only there were a way to short with no interest or margin calls

[slate wind]

OpenAI glazing is going too crazy

[gritty seal]

do you think the talent pool is not there? why the quants over it (just curious)

[dire finch]

real question is your weight on retiring early or not

going tier 0 quant will retire you in 10 years maximum

[gritty seal]

wdym by retire? like financial freedom?

[dire finch]

like... 8M in bank can drop off radar completely

this is base case if you're not 3iq bob and are proactive about taking on bigger projects and scaling strategies

those firms are like 250k base 1M+ bonus (after a few years) lol

[gritty seal]

is there datapoint somewhere ab this?

[gritty seal]

also am I potentially throwing away bigger bag/connections though?

[dire finch]

do my alumni friends count

[dire finch]

do you care about that

like it really depends on your endgame

get 10 milly -> retire forever and sidequest

get big number in bank -> ???

startup? vc? circlejerk on some billionaire's yacht?

personally i could not give a flaming fuck about any of those lifestyles but if those sound appealing you could leave throwing in the towel for a bit

[gritty seal]

another question is do you think there will be intelletual/technical growth as an IC at these firms when you're only working with pretty much new grads?

[dire finch]

potentially incomplete view

it's more like throwing a bunch of IMO kids in a room and asking them to make money

(that's... literally what it is at some firms)

you won't be lacking in intellectual growth at those firms

technically speaking if you can claw your way up there you never needed other people to begin with

anything multiplayer you just do intrafirm

[gritty seal]

do you think the talent per capita is much higher at these firms compared to OAI

is there such a high disparity

[dire finch]

different tech tree talent

considering openai only (?) hires new grad from neo scholar (startup accelerator program) you'll prob have more exposure to startupbob in oai

and probably sam altman will come by once in a while to yap about nothing

[gritty seal]

wb researchers who came over from gdm

[dire finch]

that depends heavily on which swe team you're on lol

[gritty seal]

does this change if you're more op role swe (infra) vs. algo dev swe

[dire finch]

are you ops

[gritty seal]

yes

[dire finch]

oh then i think quant swe is more obvious

[gritty seal]

does the base case for retirement still stand though

[dire finch]

you'll still have room to impact pnl

[gritty seal]

and ig ops is more similar tech tree talent

[dire finch]

and at smaller firm it's easier to tentacle all over the other tech trees

[gritty seal]

do you think it's good to do that - not stay at ops

[dire finch]

if you want bigger bonus and retire early (that being primary goal) then of course

[gritty seal]

assuming the worst case (staying in ops) does that change the decision between quant vs. oai

or do you think the previous comparisons still largely stand (about talent pool etc)

[dire finch]

i think ops at openai is fundamentally not a different set of problems compared to other big tech international scale companies

-> not as interesting

[gritty seal]

well wouldn't stay at ops prob, would try to go to more ml focused

[dire finch]

do you know what the lateral movement opps are like at oai (i dont)

[gritty seal]

idrk, not there yet

but yeah I get the gist. thx sm

[dire finch]

ye

[gritty seal]

dm'ed if you'd like to chat more

[slate wind]

What's ops?

[gritty seal]

devops/infra

[slate wind]

ahh

[rose holly]

bro doesnt know the ops

suburbs boy

[cerulean robin]

What's a typical base salary and bonus for a mid-level Data Engineer at a hedge fund in NYC?

[lethal apex]

Like asking what’s the weather gonna be a year from now

[tranquil wagon]

I saw a guy lose $50k betting on the daily high temperature in some city on Kalshi lol

[dire finch]

dependent* nit lgtm

[stone vector]

why would bro bet on something that quant firms and weather companies have been trying to do for decades

[tranquil wagon]

Someone I saw on there has made 350k betting on daily temperature so some people definitely have a system

[stone vector]

who want to make a startup

kalshi betting club

[tranquil wagon]

I’d be so down

There’s definitely market inefficiencies to exploit

[lethal apex]

God I should’ve done meteorology and joined one of those oil/gas trading companies

[lethal apex]

ong

How are the fees

[tranquil wagon]

I think they have something like a 5% withdrawl fee

Or maybe that’s just on profits

Idk

[lethal apex]

That’s fine, would be open to do this over the winter

[tranquil wagon]

I’d do it with you

[lethal apex]

Sick, dm’d idk how to create a pm w cat dev and idk if ya’ll are serious lmao

[tranquil wagon]

I’m super serious this would be fun

[fossil flint]

can i pull up on this too

[thin quest]

Why not polymarket?

[neon sable]

Hey Andrew I heard you’re super cracked! Can I check out your LinkedIn?

[tranquil wagon]

Bros sending them on a scavenger hunt

[neon sable]

Andrew spong?

[tranquil wagon]

I realized I know nothing about ur exp

Where have u interned/are incoming

[neon sable]

Dmed, thanks!

[lethal apex]

ngmi @ oblock capital

[storm gazelle]

Has anyone heard back from Two Sigma after completing the SWE intern OA?

[neon mirage]

Just check #2025_summer_intern_process

[lethal apex]

no skills needed lmao most people who are active leak their info unintentionally or intentionally

[gilded spade]

I'm considering getting Ms in Quantitative Finance/Financial Mathematics, I know that a lot of the top programs boast about job placement rates, but do you guys think this is a good way to break into quant?

[cursive atlas]

lmk if yall actually do this lol
I heard someone was doing arbitrage between kalshi and polymarket

[dire finch]

need shell account not based in US first

[strange loom]

When I interviewed with Kalshi I got the sense that this would def be possible lol

[grave geyser]

any tips for optiver zapn

[lethal apex]

Congrats on aquatic

[thin quest]

I was thinking radix

[hidden grove]

Isn’t Aquatic going downhills

[dire finch]

human benchmark

[edgy bane]

You can only use this command in 2022_winter_intern_process, 2022_summer_intern_process, 2022_grad_process, 2022_fall_intern_process, 2023_summer_intern_process, 2024_summer_intern_process, 2025_summer_intern_process, 2023_winter_intern_process, 2023_fall_intern_process, 2023_grad_process, 2024_grad_process, 2025_grad_process

[lapis glen]

what's a good zetamac score

gotchu

is this score for the default setting

[dire finch]

i grinded to 70 in 2 wk from 30 you can do it too

[fossil flint]

[dire finch]

thats not very growth mindset of you

i didnt go out of my way to learn any mental arithmetic tricks though im sure there's a ton of them

w a couple of months of dedicated training i think every wagmi can hit 60+

[fossil flint]

whats a wagmi

[dire finch]

oh that's problematic

lol

[lapis glen]

that's easy to fix at least hahaha

I struggle with doing low 4 digit calculation

yea

I'm stuck at 50ish in standard rn

some rounds are insanely hard while some are easy

[fresh swallow]

What

You can’t type without looking at a keyboard?

[fossil flint]

no one can

[dire finch]

false dichotomy, just practice

there is a noble path

[stiff elbow]

wait for 2 mins or 1 min lol

[lapis glen]

2 min? idk

it's random stuff all over the place. my brain gets fried after several roumds

[fresh swallow]

What’re they teaching yall in grade school these days

[tranquil wagon]

Mc pvp is the best

Oh ur in the Lilith server, I was one of the devs of that

[dire finch]

not enough mental arithmetic

i was watching a jimmy o yang skit where he talked about getting his first calculator at age 15 as a birthday present

might try smth similar with future kid if they can handle it

[tranquil wagon]

Thanks :D

[misty oxide]

does anyone know what to expect for second round citadel qt internship

[misty oxide]

thanks

[stone vector]

dang these firms still aren't full

[lethal apex]

Nah citadel just been desperately hiring recently

kenny g needs sustenance

[mystic valve]

citadel is casting a wider net for its intern class

they need more interns who are willing to sell their souls for kenny g's hedge fund empire

[fossil flint]

thats me

[lusty mulch]

looks like someone didn’t get an offer

[tranquil wagon]

How much of a pay cut is it to take the same job in the UK

Let’s say SWE at same firm in uk vs us

[lethal apex]

Yea but you get to speak in a british accent

[tranquil wagon]

Im from england originally so I kind of have that already

[untold prawn]

The benefit is u get to larp as a roadman

ON SOME JOKE TING INNIT BRUV

[zenith panther]

same as the regular one just w/o the team match stage i think

[drowsy girder]

anyone taken citsec qt first round?

[radiant shuttle]

Does anyone know what Optiver's Trading Operations Engineer is?

[stone vector]

support desk operations

they really put engineer into everything these days

[stone vector]

probably

[steel elbow]

anyone in js in focus trading track want to connect?

[stone vector]

guys

anyone want to establish this startup

"The Health Engineers"

[rapid mesa]

Are the UK taxes that much more than NYC when on quant salaries?

[stone vector]

we engineer people's health

and improve it

then we hire doctors and call them health mechanics

[rapid mesa]

Also CoL is so much lower in UK, and QT salaries are pretty similar

[stone vector]

wader

[untold prawn]

prolly not NYC tax is alr insane

[zenith panther]

i am but i dont want to connect

[rapid mesa]

What is that like some insight day?

[steel elbow]

yea j want to meet ppl before getting to ny

[rapid mesa]

Dm

[feral yew]

does anyone know if sig does offseason internship?

ok thanks

[stone vector]

wecu bro

isn't the program for underrepresented minorities

how you get in

im asian

should i apply @lunar thicket

[zenith panther]

i just wanted to troll

[neon mirage]

summer 2025

[zenith panther]

elon betrayed me this election

:/

[fossil flint]

?

[midnight scroll]

Elon wants h1b Australians wdym

[rose holly]

Not much more but they are quite a bit higher

[dire finch]

uk you can survive on peanuts but in magnitude uk makes less

thank you declining economy thank you brexit

[rose holly]

Ngl the only thing that justifies UK lower net pay is more holidays, worker rights, better wlb?, better relative pay (say comparative to tech) and then obv CoL is underestimated because if you compare like zone 1 with Manhattan it's a pretty big difference

Then again if you live in jersey city it's meh

Mostly just cope but wtv

[rapid mesa]

Idk I just have a strong personal preference London is just way nicer than New York

And yea as u say zone 1 is way cheaper than manhattan

[fresh swallow]

Everyone there is British though

[uncut steeple]

do u all have linkedins

[lethal apex]

I only share my linkedin with future rentech employees, sorry

[uncut steeple]

survey

i dont have a LI

[lethal apex]

you either cracked or ngmi

no in between

[uncut steeple]

🤖

how to tell if im cracked

[stone vector]

consequence of anti globalism

[uncut steeple]

is not having a LI gonna make me ngmi

guys

🤖

[dire finch]

not having linkedin is wagmi

people who say networking gets them job have the best gluk gluk in 5 mi radius i can't lie

[dire finch]

school, major, internship

[uncut steeple]

this is what i needed to hear

[dire finch]

without actually talking to you in person / in vc i can't tell

[uncut steeple]

does a cracked guy sound like chad

grad stud no internship 🤖

[dire finch]

oh

bummer

[uncut steeple]

mit ug 🤖

im ticked the mfins have better placements than ug

literally took same courses as mfin + the gruelling ug cs route

mfin is a joke everbody gets As

[dire finch]

mit ug no internship is surely trolling

[uncut steeple]

guess im not cracked status then 🤖

[dire finch]

unluck

better luck next lifetime

[lethal apex]

ain't no way

yea cs not for you

[uncut steeple]

what does this mean

why

qt has a brand 🤖

no

i dont like flexing

[dire finch]

all of these reasons are moot if you hate people 😠

[uncut steeple]

personally, i just dont care

linkedin is online resume what's the point

[untold prawn]

some companies look at ur linkedin instead of res

[fresh swallow]

Having recruiters contact you and get you a job

???

[uncut steeple]

do qt recruiters cold reach out on li

[zenith whale]

lol how does mit mfin have good placements

everyone just ends up at a bank

[uncut steeple]

saw placements @ cit, pimco

[zenith whale]

pimco lol

cit is like one person

[uncut steeple]

ya lots of sell side tho

[zenith whale]

i mean market making is sell side

and that's typically classified as a good outcome

but mfin programs r pretty shit in terms of outcome

need to outcompete all the sweaty intls

u need more raw intellect to place out of mfin vs ug

[uncut steeple]

🤖

nobody got pimco from our ug class i think

they probably only take mfins

mba

[zenith whale]

idt anyone wants pimco from mit ug lol

[stone vector]

!process cookity cook cookity cook

[edgy bane]

You can only use this command in 2022_winter_intern_process, 2022_summer_intern_process, 2022_grad_process, 2022_fall_intern_process, 2023_summer_intern_process, 2024_summer_intern_process, 2025_summer_intern_process, 2023_winter_intern_process, 2023_fall_intern_process, 2023_grad_process, 2024_grad_process, 2025_grad_process

[untold prawn]

if it's a good company then yea

[dire finch]

he said he's grad student

[lethal apex]

Holy ngmi

[dire finch]

no i think grad student somewhere, mit ug, no internship

this is a little baffling unless he's phd pilled

[pulsar scarab]

does MIT even have anything other than PhD for grad school

aight time to go to MIT for ug then

[hidden grove]

Yea

[untold prawn]

if u were in proc for all those companies ur res is prolly fine

[fossil flint]

Que

[fresh swallow]

Market holiday on the 9th for jimmys death

I hate working for a firm that doesn’t do holidays based on NYSE

All my buddies gonna be off and I’ll be sitting at my desk

[lethal apex]

you a trader? or qr

[fresh swallow]

I’m a swe

[sinful kernel]

anyone know what citsec QT process is like?

/is it worth doing if i havent prepped at all

(like will they blacklist me)

[pulsar scarab]

I have publications but got nothing, is it cuz of no HYPSM?

also andrew, have u done 2S qr interview? I got an email saying I passed the OA and manager will reach out if they like my resume. I was curious about what their rounds are like

[exotic laurel]

Got invited for Jane Street's QT Intenrship phone round, any advice?

[mystic valve]

first round is a bot check

if you know ev of a 6-sided dice roll you should be fine

[exotic laurel]

God bless

[mystic valve]

also be ready to talk about resume

and your projects

[exotic laurel]

They did say this was the round before the final so would it really be that simple?

[mystic valve]

i've heard some people getting 2-3 rounds

i think it's based on how cracked you are

[exotic laurel]

Mind if I send my resume to you for a quick look? I have more of a CS background so not sure what they'd really ask me

Gotcha

[mystic valve]

i can have a look but i can't really say much beyond basic resume tips

[exotic laurel]

That's fine

Thank you

Just sent it to you

[exotic laurel]

Ye

[clear magnet]

has anyone interviewed with optiver amsterdam office before that I can dm?

[gusty vector]

anyone know of any off season quant internships?

[mystic valve]

SIG for certain schools, citadel, capital one, jump trading

[lethal apex]

transferring to drexel rn

[stone vector]

anyone want to work on a kalshi betting project

market making and forecasting

[stone vector]

@lethal apex yo you're down?

[zenith panther]

jump does off season?

[deep cargo]

Bro said capital one, surely it’s troll

[mystic valve]

https://www.jumptrading.com/careers/6162761/

in HK

[zenith panther]

orz…

[mystic valve]

sorry i tried to sneak c1 in there for all the ngmis

probably

but good luck getting through visas

[zenith panther]

feel like u should be publishing to conferences around that time