#quants-n-traders

1 messages · Page 67 of 1

zenith panther
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or smth

mystic valve
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yes he meant you

zenith panther
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yeah u

mystic valve
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for grad school

zenith panther
#

arent there a bunch of shits in the winter

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:o

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idk im not a phd student

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but all my phd friends seem to be busy around that time

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or travelling specifically

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orz…

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orz…

lethal apex
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Wdym am I down we literally talked about this lmao

stone vector
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dm mark zuckerberg's son if you want to join

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😂

uncut steeple
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anyone wanna hop on chat and do some mocks

stone vector
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new year grind

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i respect that

thin quest
radiant shuttle
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does anyone know what Graduate Trading Operations Engineer is at Optiver?

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is this swe? or something else entirely?

uncut steeple
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trade ops prob reconciling trades

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execution optimization

radiant shuttle
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so like kind of swe kind of not?

near nymph
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closer to janitor than swe

radiant shuttle
#

what does that mean?

near nymph
radiant shuttle
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lmao so do any of you actually know what the role does?

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if not that's chill

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Oh i see! So kind of jack of all trades master of none work where needed type thing.

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as far as coding and developing software would you say this role still has that? just not to the extent as an actual SWE obvioulsy.

lethal apex
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team-dependent but tbh I’d wager you could pivot to swe fairly easily

radiant shuttle
harsh juniper
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anyone do sig discovery interview yet

hidden grove
#

Is there a citadel discord server

lethal apex
#

Lil bro does NOT know kenny g

dire finch
#

need keng in my life

hidden grove
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:WHYYY

dire finch
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oops wait i shouldn't do that in public

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@lunar thicket already doxxed me

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kek

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i'm playing ofc

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i didn't want to give info of someone else

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info of myself idc

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come to my dorm at princeton i'll kiss you

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lol alr

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naurrrr

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my reaction was in the middle of school cafeteria

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i ran outside of school and did a lap in freezing weather

dire finch
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*found me online

lethal apex
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Ngmi university

rose holly
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Does anyone have suggestions for beginner friendly resources for trading and learning the basics of market? I am decent at maths and software engineering and I'm looking to skill up

untold prawn
storm gazelle
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Anyone did the first interview for 2Sigma SWE internship?

lethal apex
hidden grove
pulsar scarab
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dyk anyone who did qr final for 2S

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actually I can ask this on tqd

brisk ingot
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maybe like 1-2 behaviorals at the start

vague spear
pulsar scarab
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I dont think I can paste links here. Last time I tried it I got cooldown

neon sable
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.

storm gazelle
spiral rivet
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can faang internship and top 4 cs school make up for low gpa

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thinking of prepping for trading interviews but might not if i just get resume screened

neon mirage
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Most firms don’t ask for GPA on applications

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They may ask for transcripts later down the process but imo if you do well enough on your interviews your GPA is insignificant

neon mirage
#

or...just get better grades?

spiral rivet
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3.3 lmao

neon mirage
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that is not THAT bad, just dont put it on your resume and you should be fine for most firms

fresh swallow
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3.3 is above average at most cs programs lol you’ll prolly be fine

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Pretty sure that was good for cum laude at my school

trim sun
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but not for quant

mystic valve
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3.3 is ngmi for quant

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if you can get it up to a 3.5 you probably have a decent chance but just don't put in on your resume

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3.7 would be ideal

hazy cargo
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Has anyone done the optiver interview for the future focus program? I got an invite for one, and they said it’s 30-45 mins and it’s some sort of game. Wondering what I can expect.

mystic valve
hazy cargo
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Like the mock ones on YouTube

fresh swallow
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I got interviews fine for SWE with a 3.5

mystic valve
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yeah but a 3.5 for QT/QR would unironically be ngmi

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SIG took in someone ik with a 3.6 for QT

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and no prev exp

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as a junior

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non-larp

neon mirage
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HYPSM ?

dire finch
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what cringe class is this

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would much rather take the COS or MAT game theory @forest haven

dire finch
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seems like a sludge of higher math topics for econ people

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would rather just learn the hard stuff and self study the application later

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@forest haven what year

ancient zenith
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Hi everyone! I'm relatively new in the quant space and wanted to ask you guys what the differences are between a SWE lets say in FAANG vs a SWE in quant like JS or 2S?

I'm trying to decide right now if I want to branch off and do swe in quant or stay on my path for FAANG? Thanks if you can help!

dire finch
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icic

neon mirage
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Hi everyone! I'm relatively new in the quant space and wanted to ask you guys what the differences are between a SWE lets say in FAANG vs a SWE in quant like JS or 2S?

I'm trying to decide right now if I want to branch off and do swe in quant or stay on my path for FAANG? Thanks if you can help!

ancient zenith
neon mirage
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sorry it was just too easy4KEKW

fresh swallow
thin quest
fresh swallow
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If you’re fine with staying as a trading firm SWE your whole career and you get a new grad offer at a high comp firm then go for it

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But if you get an offer from a firm that pays around faang for new grad then I wouldn’t recommend

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(I took a shitty firm for my first job over faang and regret it)

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Work at a mid firm now but faang prolly better

ancient zenith
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Ahh ok that makes sense! I was told that job security at firms was a lot better but I guess that truly doesn't matter until that happens.

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Thanks sm @fresh swallow ! That really helps a lot

fresh swallow
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I got laid off from my first job though lol

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So layoffs happen in trading too

ancient zenith
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Ohhh shit okok

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Dam I guess no one is really safe from layoffs PepeHands

fresh swallow
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Firms can have a bad year or whatever and tech is kinda a cost center so

ancient zenith
#

Yeah that makes sense

dire finch
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ya swe always 2nd class citizen

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algo dev different but you'd have to get hired specifically for that

thin quest
dire finch
fresh swallow
quasi orbit
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is tesla autopilot good?

dire finch
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tesla autopilot orz

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one of few tesla teams to not pay 🥜

lethal apex
lucid cloak
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Tesla ap cracked af

dire finch
lethal apex
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management usually fired too lmao

dire finch
#

lotta upper management are stupid myopic rest and vesters like that

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eh usually firing decisions is a few levels above pod manager

fresh swallow
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If they’re bad enough

dire finch
#

my school only has fun classes

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its a terrifying prospect

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i only had to take one intro circuits class as ece and nothing else

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papa bless

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i have taken elective more math and cs separately than ece

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power electronics diagram:

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mmm something something bridge rectifier

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i will never have to go more low level than a cpu pipeline diagram and i am eternally grateful

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me when you research a wet lifeless blanket

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no match for energy flux scaling 1/r^2 sadge

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5 TW through the sky would be epic as hell

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(for about 5 femtoseconds)

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yes

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LOL

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oppenheimer quaking in his boots rn

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renewable energy research lololol

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very motivated lightningrod

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lmao some guy sitting in a weather balloon at +100kV potential

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drops an anvil tied to a spool of copper wire

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summons thunder

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this will be my phd topic

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rapid discharge vehicles with atmospheric energy medium

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grey goo comic writer rolling in his grave

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i think we call these things viruses hmmhmmm

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yum

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eventually we'll get protein folding science good enough to do that kind of stuff

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but bio funding... orz please nsf

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it doesnt take a lot to wipe humans tbf

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we just dont wanna for some reason

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when i die i want to have made a prionic version of heme

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throw that shit in the wells

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ohh baby you got a stew going

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hoooly ultimate data consistency technique devops are drooling

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encode s3 file into base 21 (amino acids) and put on prion

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wait 5 years

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grab N prions for quorum consensus

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ya the one file has to be very important

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i'd fw a small percentage of my proteins being prionic encryptions of bee movie script

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theres gotta be some protein that the human body doesnt need

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ohhhh wait fuck i got it. kill lactase

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everyone is now lac

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everyone can suffer as i have

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eat ben and jerrys -> evacuate room

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95 backdoor ways to end humanity

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puuuurely hypothetical

lethal apex
dire finch
#

just like my attic

lethal apex
#

I was thinking mit quirky

dire finch
#

it's typical late 2010s internet brusque with a dash of science reference

lethal apex
#

Requirement: you must be fascinated by prions and a random genre of music

dire finch
#

shit im really not beating the allegations

broken thorn
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not a crazy music guy

stone vector
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bet wikipika is an east asian with glasses

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pls confirm @dire finch

dire finch
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east asian no glasses

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lucky gene roll tbh

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cuz my entire dads side of family has glasses

fossil flint
#

bet 10$ wikipika is less than 5'7"

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pls confirm @dire finch

fossil flint
dire finch
fossil flint
#

tell teh truth

dire finch
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im 5' 9 1/8"

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i rounded down for you

fossil flint
fresh swallow
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Ones that pay over 300k

jaunty root
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Do u trade with demo money as a qt? WazowskiStare

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or real money

rapid mesa
#

Also underperforming traders will just get a small bonus like it’s not expensive to keep them around, give them a couple of shots and axe them if they suck

lethal apex
fresh swallow
#

Plenty of firms have axed devs at one point or another lol

lethal apex
#

I mean what kind of firm are we talking here

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Hft basically suicide

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Old metric used to be every microsecond saved generates 100 million

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if just mm trading ops, they are already tiny, you risk not having enough people for a catastrophic outage

torpid hinge
dire finch
#

agree

hidden rapids
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anyone know what questions they ask during the sig trading discovery day phone interview

hazy cargo
#

Numberlogic is just finding the next logical number in a sequence

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Beat the odds is rapid fire probability

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ZapN is just a bunch of short brain games, like tower of Hanoi stuff, balloon pump game, and a game similar to wordle

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Zap q Is just a personality questionnaire

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Online has more in depth articles on what they ask

thin quest
#

the sequences are hard

hazy cargo
#

Did anyone get up to the technical interview?

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I have that next week but idk what to expect

dire finch
lethal apex
#

Like fill in the blanks?

dire finch
#

ye

lethal apex
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Thought I was the only one who knew about this lol

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real

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it’s aight once you have offer it’s not as bad imo

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Like getting hypsm acceptance then bumming around senior year

dire finch
hazy cargo
#

Why wouldn’t Kelly criterion work here

ionic lava
#

1/3?

pastel snow
lethal apex
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^it’s 1/4

ionic lava
#

Oh I think I see why, misread the question, way to embarass myself on the internet woohoo

lethal apex
midnight rose
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quick question, would appreciate any insight: citi quant analyst or RBC quant analyst and why?

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both full time and for new grad

mystic valve
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cooked for both but probably citi

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@midnight rose

midnight rose
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why cooked for both 😭

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and why citi

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but thanks for response 🙏

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@mystic valve

silent nebula
thin quest
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Will future focus oa count for next cycle

lethal apex
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I know several who’ve placed well after citi it’s like getting zon imo

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just meant in reference to the cooked thing

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like realistically there are great paths but it’s kinda lame to take the same path everyone else is

rose holly
dire finch
#

omw to memorize all 1 jillion sequences

thin quest
#

they deadass combined 2 sequences

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never seen that before

dire finch
#

associate -> senior -> vp -> dir -> em -> partner -> crash out

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die of coke overdose according to exponential process L = 5 years

lethal apex
lethal apex
brisk nova
#

is that all for the whole 30 min?

oak drift
hazy cargo
thin quest
hazy cargo
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They reached out on the 3rd

stone vector
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0.1% of elon wealth and id retire in peace

stone vector
#

is cit still hiring

lethal apex
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I apply every day hoping kenny g personally responds with an 80 hour/week job for me

rose holly
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is there a zon to quant dev pipeline?

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thanks boss, aiming for quant dev, doubting if i can actually do it

rose holly
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any tips?

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haven't taken os or comp arch yet

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sophomore

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took some useful math classes tho

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okay yeah i think imma have to self study

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cuz i don't know any low-level

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i assume i still gotta grind leetcode probably hards as well

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i know a few people who have landed but majority i hear about are interns

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just checked out codeforces, looks like im cooked

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can u slide to me as well?

mystic valve
#

slide me as well

lethal apex
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Reply yes if you want tqd link

mystic valve
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yes papi

neon mirage
#

Can someone dm me TDQ😛

low vault
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that would be good

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OOP and OS helped me a lot with answering more trivia-style questions

fresh swallow
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If you try to apply to trading firms without taking OS you’re gonna be cooked

low vault
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eh not necessarily

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but yeah it helps a lot

fresh swallow
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I had this final interview before taking OS where they were asking me basically all in-depth OS questions and I was so lost

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We got to that topic in my OS class and I was like ohhhh

low vault
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yeah I think that happened to me once too

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its kinda rng though

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(as you may expect)

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nvidia also asked me stuff while i was taking OS

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but I amanaged to bs my way through it xd

low vault
# low vault but yeah it helps a lot

rule of thumb is: don't be discouraged if you haven't taken OS or don't have the oppourtunity to, but you should absoultely if you have the chance

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tbh i find algos more tricky as to whether to prep for/how to or not -- most of the algos problems I got were a lot more random. Some teams don't ask hard algo problems, some teams do. The difficulty seems to be a lot more random, and firms like JS will ask implementation problems that don't fall into any specific category of problems

fresh swallow
#

If someone hasn’t taken it and wants to do trading interviews they should find an OS class posted online and watch the lectures

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IMO

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90% of trading swe interviews will touch on OS topics

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For new grad/early career at least

low vault
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I had some exposure to those topics already when I started interviewing

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(my prev coop was some Low level C coding, and you get exposed to some OS concepts in cp)

grim sigil
#

I actually need advice

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I’m MLE at meta rn, .5 YOE. But I could get a job as a quantitative developer or researcher through a connection

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it wouldn’t be at a major firm tho

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Am i fucking up my career if I do this? Should I get more YOE first? How much?

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I also wonder about the hours

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meta is really chill for me in terms of WLB

stone vector
#

do i sign up

image.png
grim sigil
#

but idk what quant finance hours would be

stone vector
#

MLE at meta

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you're in a good position though CatStare

grim sigil
#

could u elaborate? goal is to try and get into HRT/JS as algo dev at some point

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i feel like quant researcher gives more relevant experience

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and also the work at meta is not very technically interesting

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at least on my team

fresh swallow
grim sigil
#

or rithm capital

fresh swallow
#

Yeah I wouldn’t do it

grim sigil
#

what’s your reasoning?

fresh swallow
#

Going from Meta Machine Learning (incredibly in demand resume in tech) to a developer at a no-name firm makes literally zero sense unless it’s elite

grim sigil
#

dawg why would u say that? it’s not true at all lmao

#

u can literally look up algo devs on LinkedIn most of them are not new grads

mystic valve
#

sorry i don't absorb information from a 2 hour vid like a sponge

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how do i become gmi

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is my life over @lunar thicket

dire finch
rose holly
dire finch
zenith whale
#

name of firm matters less than responsibilities youll have

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for exp hire

zenith whale
#

6 months meta 6 months before fired at random firm, resume is ruined

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if you're worried about hours just stay at meta, you prob wont make it

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2y is long af

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esp for random firm

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guessing itll be like 0-3m lol, nc most likely isnt an issue

desert abyss
#

what should I practice for trading interviews/ OAs

thin quest
#

nah

stone nexus
#

nah

desert abyss
#

bruh

near nymph
#

market making games

lucid cloak
#

tqd plz let me in

cyan ridge
near nymph
#

quantable has some on the free site i think

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just get quick at ev

grim sigil
#

why do you want to be an algo Dev at hrt

lethal apex
#

“Good wlb, making bank, top bigtech, how can I throw it all away as fast as humanly possible?”

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nah it straight up doesn’t happen quant swe doesn’t scale the same

grim sigil
#

algo dev neq quant swe

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algo dev is QR, potential TC as an IC is much higher, WLB at HRT is still good

near nymph
#

algo dev is pretty much their qr role at hrt

lethal apex
#

Algo dev is not qr

grim sigil
#

it would literally 2x my TC rn

lethal apex
#

Is this hrt or smthg

near nymph
#

wait it’s more like trader right

grim sigil
near nymph
#

yeah i don’t get overfitting for one position at one company but

lethal apex
#

ignore everything I said

#

why didn’t you start w this first

dire finch
lethal apex
#

Confused is this your tc to the small firm or what you are projecting if you get hrt?

grim sigil
#

no, no i mean HRT algo dev 2xs my TC, for the random firm id be getting like 250-300k

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which is more than meta but if i get promoted this half it'd be the same shit

lethal apex
#

Did you apply to hrt

grim sigil
#

not yet, still prepping

#

want to get 1600 cf first

near nymph
#

i feel like u could pass hrt res screen w just meta

lethal apex
#

Yea ngl I’m not really seeing the plan here

#

Even for just making money, meta’s track for tc is much easier and more consistent

dire finch
#

are you trying to jork it at mid quant and then go begging at hrt doorstep

grim sigil
dire finch
#

get two promos at meta first

grim sigil
#

i think you're right max

lethal apex
#

wait till he realizes if he can’t get hrt after 5 years at meta, he won’t get hrt after 2 years at this firm

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you at L5 rn?

grim sigil
#

should just stay at meta and prep instead of hyper-optimizing for HRT

dire finch
#

he said 0.5 yr exp

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not 5 yr

lethal apex
#

lmfao maybe I should read more

dire finch
#

in which case two promos takes like 3 years if he's not cooked

lethal apex
#

0.5 lowkk bro I’d root for you if you left now

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like I wouldn’t recommend it but it would be main character shit

grim sigil
#

lmfaoo

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i think u r trolling me

dire finch
#

can you dm firm name

lethal apex
#

dawg really said double tc at hrt

dire finch
#

i will then publicly display my reaction

lethal apex
#

like meta not doubling his tc next year

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😭

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dawg you can literally see your salary progression you’ll be hitting 800k in 7 if you don’t fuck up

lethal apex
dire finch
grim sigil
#

and knows people in wall street

lethal apex
#

Wait

#

Could it potentially be… trillium trading?

dire finch
grim sigil
#

idfk i aint ask him to hook me up yet

#

i was trying to see if it'd be worth

dire finch
#

can't you ask to do it part time

lethal apex
#

part time hrt 🔥🔥🔥

#

aura

dire finch
#

also this sounds regarded hiring 0.5 yr exp as qr

grim sigil
#

part-time hrt sounds like im transitioning

dire finch
#

agree

lethal apex
#

😭😭 nah you so fucking funny

#

hand in your resignation today

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go for it

grim sigil
#

max u r trolling

#

u want me to be homeless

lethal apex
#

yea but imagine the book

grim sigil
#

yea when i was in my early 20s i left a good job cuz fuck it

#

no job lined up no nothing

#

basically i fuckin hate myself

lethal apex
#

What are you gonna title it, meta swe to hrt algo dev? Nahhh “The Algorithm: How I went from homeless to wallstreet”

dire finch
#

reality: i got pipped from meta then developed a k addiction gambling some dudes pension

#

ok anyway case closed

grim sigil
#

yes

#

thank u for ur advice wiki

dire finch
#

torpedo career for low low price of county rehab center

grim sigil
#

max fk u, u hate me lmfao

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ill put a reminder in my notes for a year from now

dire finch
#

humptulips river trading

#

we deal in beaver furs

grim sigil
#

imagine the scenes when i @ u 1 year from now

lethal apex
#

Remember me when you making 2x your current tc at hrt (your peers at meta just got 7x your current tc)

grim sigil
#

max i will use my money to hire a hitman for u

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or ill send someone to steal ur pets

lethal apex
#

alr getting opps at meta, cooked

dire finch
#

remember me when you fall off at 1.1M tc cuz the firm partner won't promote you to pod manager

grim sigil
#

real

near nymph
#

you’re contributing to this w your meta worse than zon propoganda

#

almost psy op-ed this guy into homelessness

lethal apex
dire finch
#

meta worse than zon

near nymph
#

show this to average unemployed csmajor and they will have an aneurysm

grim sigil
#

honestly u r right tho

#

u can see ur percentage tenure, like how many ppl uve been here longer than

#

within the last 6 months they have hired 15% of the company

lethal apex
dire finch
#

@near nymph school/major/favorite cat breed

near nymph
#

they’re not looking at the quants channel bruh

#

how do u know i love cats

lethal apex
#

Ah yes this very elusive quant channel

grim sigil
#

they are 2 busy being racist on the subreddit

lethal apex
grim sigil
#

do u guys wanna see my cat

lethal apex
#

sure

dire finch
#

grr i hate h1b wank wank wank

near nymph
#

yes

grim sigil
lethal apex
dire finch
near nymph
#

wow your cat is so pretty

dire finch
#

thank u for participating in this qualtrics survey

near nymph
grim sigil
#

thank u

lethal apex
#

Cool cat

grim sigil
#

thank u thank

dire finch
#

cat

near nymph
grim sigil
#

floofy

near nymph
#

nah he’s fat

grim sigil
#

lmfao

near nymph
#

20+ pounds

grim sigil
#

holy shit

dire finch
#

dayum

grim sigil
#

u need to diet that mf

dire finch
#

5 course meal

near nymph
#

i chose a flattering picture

near nymph
lethal apex
#

Need a cat

near nymph
#

he can’t say no to this cat

lethal apex
grim sigil
#

i got mine from a shelter for 20 bucks

#

best 20 dollars i ever spent

near nymph
#

awww

dire finch
near nymph
#

that’s crazy tho ur cat looks like it was $500 from a breeder

#

cat actually mogs

grim sigil
dire finch
#

need me a maine coon

#

brush brush brush

near nymph
#

coworker brought their maine coon to work

#

soooo soft

dire finch
#

pomf need

grim sigil
#

oh I can’t read

#

i literally thought u said dev

#

what do u mean? i think it’s definitely overkill

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but I think that’s preferable to the variance

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measure twice cut once or whatever

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plus it’s not like there’s a deadline, u have the rest of ur career to try and interview there

#

might as well be prepared

#

i think you’re onto something, for a late career pivot you would probably do better to just stay in tech

#

do you know if there’s a metric similar to codeforces rating for the probability questions

#

like something that can essentially guarantee that you pass the interview if u have it

rose holly
dire finch
#

oh ok

rose holly
#

i didnt read the whole chat but firm name doesnt matter as much as people believe it does

low vault
#

Hi yall, when does quant FT recruitment usually happen? I get some flexibility with my final internship start date (any 12wks between sept-dec) so I want to ideally a gap somewhere to recruit if I need to. Is it better to place the gap near the start so I have some of sept free, or near the end so I have the time before winter break free. Not really famaliar with FT recruitment cycles.

#

I heard tech cycles later so it should be fine (tm)

low vault
#

Mm so as early as I want really?

#

Mmm

#

I’ll prob just leave September free then

#

Waiting will prob just be more stress

#

And I could maybe blitz out a final if I’m fast enough

pulsar scarab
#

has anyone interviewed with tower research for SWE ng?

dire finch
#

what is top tech

fresh swallow
dire finch
#

depends on career goals

pulsar scarab
fresh swallow
#

Yeah

pulsar scarab
#

can I dm?

fresh swallow
#

Sure

pulsar scarab
#

I got my phone scheduled

dire finch
#

stay in quant vs climb to L7 and types of work involved

#

easier to max tc in quant if you hate people

#

otherwise big tech higher ev

#

for wlb alone i'd prob take big n over quant unless it's t0 prop shop (aquatic, headlands, radix, js, etc) and u have the aut juice to do 60 hr wks

lucid cloak
lethal apex
dire finch
#

making dashboards at hrt does rake it pretty good though

lethal apex
#

trading operations 🔥🔥🔥

#

Leaving a little wrapped gift for my favorite trader

#

Making sure their desk is organized

dire finch
#

snappier 144hz animations

#

iot integration with coke machine

#

bell for on demand back massage

#

orz

lethal apex
dire finch
#

service level agreement wank wank wank

midnight scroll
#

drw pays nicely

#

junior or soph ?

midnight scroll
#

any tech at all prev?

#

id take the money yea

untold prawn
#

is drw high ro?

stoic wigeon
#

for swe ive heard it's aight

rose holly
untold prawn
#

🤫🧏‍♂️

dire finch
#

10 @ 90 can't do any better sorry

brisk ingot
#

11 @ 89

#

there stole all your trades

dire finch
#

i underquoted to make you baghold

stoic wigeon
dire finch
#

15 @ 60

stoic wigeon
#

"very good" according to this dude lol

brisk ingot
#

theo was actually 13

dire finch
#

krilling myself

brisk ingot
#

there goes your pnl

dire finch
#

homeless with k addiction now its over

brisk ingot
#

isn't that all qt internships

#

i feel like most have a trading competition aspect built in

#

atleast at omms

#

yea citsec might not

dire finch
#

wdym cult culture

brisk ingot
#

but i think thats the exception not the norm

dire finch
#

ah

brisk ingot
#

imc and opt also have trading games, im assuming most other omms with established internship programs do as well

dire finch
#

eh its citadel they all wank together over there

#

good wisdom

zenith whale
dire finch
#

i'm a donut

zenith whale
#

im p sure aquatic has like

#

3 strats or smth

#

seems mid af

dire finch
#

thats a lot more than two

fresh swallow
low vault
#

Mfw illiterate

lucid cloak
#

yall uncs need to get back to work asap

#

shareholders are NOT happy about this

lethal apex
#

pipe down lil bro they not taking you

#

(we both would do unspeakable things for any of these 20-people firms)

fresh swallow
#

Just partners

slate crown
#

how tf is meta top tech

mystic valve
#

meta is bottom of the barrel tech because i am interning at meta

#

meta prestige is 6 feet underground after this recruiting cycle because of how many people got it

slate crown
#

i mean long term meta prestige gonna be the same

#

just look at meta 2022 to meta last yr

#

but it def isnt top tech imo but isnt prestige cooked either

thin quest
mystic valve
#

bro tried to sneak albertsons in there

slate crown
low vault
#

as a follow-up: do you think the length of the internship would chance anything?

#

they suggested 10-12 but i wonder if a bit longer (e.g. 14) might be better

#

but if it isn't really gonna influence RO I might as well take a longer break in between internships / have some wiggle room for recruiting

#

ty for all the advice btw cat_love

midnight scroll
#

but but!! my company is more prestigious! Can I pay for my groceries with prestige?

lethal apex
#

bridgewater

#

sign on bonus mogs all tech anyway

#

meta ro sign on is pretty fire tho

#

free mortgage

midnight scroll
#

im unable to afford my groceries on this salary ngl

#

shoulda did my 2sig oa

low vault
#

i think ill just say 12 then for now

#

i mean its an option cos the team is pre cool

#

nah this is just like

#

more of a backup

lethal apex
#

gotchu

#

my backup is home depot but shucks

low vault
#

fair enough

#

do you think length of internship could influence RO chances (assuming its not egregiously short)

#

I feel like it shouldn't

#

but :shrugs: cos I think you can get more done

#

right

#

so like the only diff btwn 12 and 14wk is like

#

2 weeks more pay

#

fair enough

#

I think that was similar to the reasoning I had

#

unfortunately only subsidized food 😔

#
  • apparently signing is for expenses
deep anchor
#

anyone know how many rounds sig discovery day process is (tech, sophomore)? Is it recruiter screen and then technical or just recruiter screen

mystic valve
#

this is for a mid quant firm

lucid cloak
#

the real qt

proud belfry
#

Hello, does anyone know if SIG quant trader OA is auto?

#

Thank you

strange loom
#

is gsa oa auto?

midnight scroll
#

Think so

#

if I get OA = its auto

dire finch
#

whats gs

#

gold sack?

midnight scroll
#

no, GSA

#

Pretty huge market share in volume but they dont pay much

dire finch
#

oh this is quirky

#

i'd work here

#

primarily in london though lame

strange loom
#

yeah

untold prawn
#

he sold his soul to kenny g

untold prawn
#

oh ye i forgot

low vault
#

yeah apparently its like 10$ sharebite credit / day

#

yeah

#

its enough

sinful kernel
#

anyone know what citsec QT oa is like?

grim sigil
#

you still need food? i transcended that long ago

low vault
#

U don’t lol

#

It’s just a discount

mystic valve
#

working at radish is basically living on welfare

lethal apex
#

hmm lost aura then

#

need company to pay for everything in my life

fresh swallow
#

I 100%ed their OA and then got reject

lethal cape
#

Does citsec ghost after final? Been a week since I took it

strange loom
lethal apex
#

don’t listen to them take drw

mystic valve
#

quant rot makes me believe that drw swe is worse than meta swe to break into quant finance

thin quest
#

Which pays more

mild wigeon
#

DRW swe is so much better than Meta

dire finch
#

seems low

mild wigeon
#

I Thought That's for Intern?

#

Intern I Would Do DRW

#

NG Meta

dire finch
#

Why Do You Type Like This Though

mild wigeon
#

I Don't Know I Like To

untold prawn
#

levels been ass lately

#

idk

dire finch
#

i dont have better alpha sniffle

brisk ingot
#

i think like ~300 is accurate? maybe a bit higher

lethal apex
dire finch
#

aww

lucid cloak
#

ctc is ~275

#

drw prolly has better tech

#

300 make sense

#

damnn

#

this is prolly like the ui swes right?

deep cargo
#

no its still over 200

lethal apex
#

when did he say that

#

We talking about ng

mild wigeon
#

275 first year but whats recurring

lethal apex
#

wdym recurring

mild wigeon
#

after the first year

lethal apex
#

Shi bro get a job there first

#

The rule is the best quant offer is the one you get

crimson sail
#

I think base is 200

lethal apex
#

After first year bonus is no longer fixed

#

So it’s purely tied to performance

#

since swe performance is a funny metric it’s very different company to company

#

eh idk about most but this sounds about right

#

not including sign on

mild wigeon
#

nah its js now

#

sig swe is never in the picture

lethal apex
#

Sign on is separate to me I usually just focus on base+EOY bonus

lethal apex
#

No not at all

#

Base might increase linearly but performance can be high one year, peanuts another

dire finch
#

bonus tied to firm/pod performance 🗣️ 🗣️ 🗣️

lethal apex
#

? Yes

#

no that’s literally what would happen

#

Dawg bonuses are not planned

#

we talking diff languages rn 😂

#

wya this summer

mild wigeon
#

drw?

low charm
#

thoughts on quant at BB firms like gs/jpm

#

like s&t-adjacent desk

lethal apex
#

My fault king you mog me

low charm
#

wdym researchy

#

like QR or like equity research

#

oh ok

dire finch
low charm
#

tbh i know 0 about them i was just wondering since i saw ppl talking about it online

dire finch
#

heard they pay a lot less compared to buy side / mm

low charm
#

oh yeah fs

dire finch
#

idk it's prob good external clout but in the industry prob not as much

#

"omg my bf is a quant at goldman!! hes so smart :3"

mild wigeon
#

i cringe reading that

#

seen that before

dire finch
#

effect intended

#

friend of friend told me he got quant... later on found out it was at ubs

#

crong!

#

if he actually got quant he'd use the firm name to flex on me

thin quest
dire finch
#

275 curring

lethal apex
#

saying recurring like that makes sense

#

Ya’ll are not gonna be employed for more than a year 🙏😭

dire finch
#

275 precurring

#

down payment 275 to start job

mild wigeon
#

what happened to snowflake btw

lethal apex
#

I would go in some much debt for jump it’s not even funny

#

do the most unchristian things

dire finch
#

275 retrocurring

#

get 275 until you start (then they take it back)

#

missed chance to say reaped by grimm

#

-1

thin quest
#

yeah those 500k numbers are egrigous

midnight scroll
#

Dunno heard from a friend who talked to some CTC people that y2 is often higher than y1

#

They're interning so its secondhand as they were reaching out to FT employees to gauge offer strength so it might not always be true since its anecdotal

dire finch
#

damn does it cliff that hard

fresh swallow
dire finch
#

meta: join firm with highest floor office for views

quasi orbit
#

what is this jump simp

untold prawn
#

need jump crypto

lethal apex
lethal apex
#

Wait maybe you should give me a reference so I can see how good tower is

#

to, uh, settle this debate

#

Me before Jump PM left for some fuckass reason:
Me after Jump PM left for some fuckass reason:

lucid cloak
#

Me before Jump PM left for some fuckass reason: 😀
Me after Jump PM left for some fuckass reason: WHYYY

fresh swallow
#

Lmao

lethal apex
#

Just in case this debate ever comes up again

hidden narwhal
#

Is it easy to pivot back

noble creek
#

a lot of swe kids thought they're some god requiring extra-ordinary TC

#

So many Citadel swe complaining on chinese forums about their stucking at 300-500k as a senior

flat star
#

I make 0k

noble creek
#

no it's applicable in tech infra a lot

mystic valve
noble creek
#

but the doors are still higher than trader. startups big tech all want good C++ devs

#

Trade off basically. Higher Stability + Optionality <-> TC growth

sinful kernel
brisk ingot
#

to put up with citadel culture? no they’re not out of touch lmao

sinful kernel
#

no they def are lmfao

#

idc where u are what hours ur working 500k is 500k

#

its also ur chioce to be at cit no one's forcing u there

brisk ingot
#

that’s perfectly normal to complain about

#

you can’t compare someone at that level to the average person

lucid cloak
#

idt seniors at faang are making 750k?

brisk ingot
#

meant other top trading firms

#

but the point being it doesn’t matter how much you make

#

if your underpaid it’s valid to complain

sinful kernel
#

go work for the other firms then

#

if it was seriously a big pay gap then cit would lose all talent

#

but i think what the case is isi taht u get paid what ur worth to the compnay some swes at cit def making much much more than others

azure zenith
#

i think you'll find that this isn't really relevant as much

#

if you're a swe working on low latency systems in one of these companies, you have more than enough skill to work in almost any company and learn whatever is required

#

the only challenge is if the recruiter from the company you'd be pivoting to is aware of this industry or not

#

the common difference is that tech pays in stocks, which usually have various restrictions over when you can sell them, get taken back if you leave within a certain amount of years etc.

#

Whereas most trading firms your bonus is actual cash

#

you could say a TC at some tech of 500k is a lot but if 300k of that is stock you can't sell for a while and gets taken away if you leave within a year then is it really the same 'value' as 500k cash?

#

(bear in mind, the cash still gives you the option to buy stocks...)

pallid berry
azure zenith
#

maybe some super high level TC gets withheld but at that point it's entirely firm dependent

#

like partners etc

pallid berry
#

that’s atleast how it works at my firm and ik other hf do the same

#

banks also do it

azure zenith
#

Should've mentioned I was talking about prop shops mainly

#

Definitely not talking about banks lol

#

I think the closer you get to the traditional finance jobs the worse the terms get for most people

cursive granite
#

guys

#

is citadel cit swe oa auto?

fresh swallow
#

Depends on the firm

#

That’s not common tho

lethal apex
#

Nah I’d win

azure zenith
#

Firm dependent is gonna be your answer at anything of this level

fresh swallow
#

Yeah

#

My previous firm it was like, swe, senior swe(6+ yoe, managing other swes), partner

broken yarrow
#

do people leave to staff in faang after being senior at a firm?

zenith panther
quasi orbit
brisk ingot
#

a lot of these places u just get paid higher bonuses depending on ur value

#

and it’s hard to justify higher bonuses if the scope of ur work doesn’t change year over year

#

so yea unless ur able to lead larger and larger projects, or u work in one of those mission critical teams (like low latency stuff at hft) where losing you to a competitor is a non negligible negative, your comp eventually plateaus

mild wigeon
#

React dashboard engineer @ citadel

strange loom
#

Why is hierarchy kept relatively flat in quant?

lethal apex
#

All pay plateaus everywhere it’s just a matter of when

#

getting paid 600k ng it becomes harder to justify you so you plateau earlier

brisk ingot
#

bc once you reach a level, you don’t need to rejustify being at that level every single year

#

whereas in a bonus system, if u made X last year, to make X you generally have to perform similarly again (or if the firm makes a bunch more money)

mild wigeon
#

How does swe measure bonus

dire finch
#

lines of code and number of commits

mild wigeon
#

React engineers boutta make all the bonus then

dire finch
#

just git push node modules every time

lethal apex
#

omw to push all of my company’s api keys so that our engineers have easy access to them 🤩

strange loom
#

some even have a form of tenure

barren owl
#

hey, has anyone interviewed at citadel GQS for QRE? what was the interview process like?

steel elbow
#

citadel recruiter reached out to me for a meeting. would this be for summer 2026?

lethal apex
#

that would be a great question to ask the recruiter

hardy marsh
#

if you were to get sig discovery day, what does help w/? Is it primarily a networking opp -- Or do you get a more accelerated application process in the next yr?

zenith whale
#

there are deferral schedules

#

for bonuses

#

so like you can get 75% up front and then 25% the next year or smth

#

if u get fired u forfeit anything locked up

#

so its effectively the same shit

dire finch
hardy marsh
hardy marsh
#

is IMC Launchpad done? or has it not come out yet

mild wigeon
#

It’s not out yet

hardy marsh
#

cool thank you, any other cool programs like disc day, and launchpad for other quant firms?

#

just curious

mild wigeon
#

Optiver Future focus

hardy marsh
#

thanks bro!

novel pendant
#

how hard is it to get quant if u have no prior comp math experience is it cooked

#

i find probability quite interesting so i was gonna take an upper level probability class to further understand like core concepts asked in interviews

mild wigeon
#

its not cooked

#

u have to study the material on ur own

#

classes won't help u too much for qt int

novel pendant
#

is the green book all i need?

novel pendant
#

?

lethal apex
#

yapping but it sounds like a controversial take so I agree

near nymph
#

i heard you can actually land js with no prep if you go to a t200

azure zenith
# zenith whale this is wrong

This is not wrong, it's literally how my firm does it. Sure, maybe some firms do it differently, but I'd argue this is pretty standard to have most if not all of your bonus paid yearly

#

If you get fired for a strong reason then yeah I'm pretty sure most companies regardless of industry have ways to pull back some from you

mystic valve
#

i heard its possible to get roblox with no prep if you go to a t200

low vault
#

(being t200 has no bearing at all on whether you get JS or not, it's all technical)

fresh swallow
#

Extremely common for people to leave immediately after bonuses are paid out

dire finch
north meadow
#

Anyone did Optivers General Statistical and Quantitative Aptitude interview

#

first round

lethal apex
#

aren’t they the only one that does deferred besides like 1 more

brisk ingot
#

i heard cit does it?

#

not 100% sure tho

fresh swallow
#

Not even worth mentioning

lethal apex
#

(JS)

#

always the people w icpc nationals or smthg underrating firms lmao

dire finch
low vault
#

Ãih

noble creek
#

It's call employee smth fund

stone vector
#

optiver still hiring?

azure zenith
#

indeed, but above all of that you just need to be a good developer. You can pretty much pick up any mainstream stack in that case. Whether you'd want to is a different matter...

azure zenith
#

first tip would be that no tip is likely to really tip the balance between you getting a return or not

#

second tip would be to just focus on self reflection and actionable improvement. Write some stuff down regularly throughout it to reflect on what you need to do better and make notes on real things you can/will do to improve (not just 'get better at X')

#

Ultimately, regardless of what advice I give, whatever happens will happen. Be grateful for the opportunity and extract as much value from it as you can.

#

Be careful not to mistake advice and information as progress.

thin quest
azure zenith
# thin quest ? explain more please

You hear advice you think is good. It makes you feel good, productive even. You hear seemingly useful information, also makes you feel like you're gaining something. Both of these feel like you're making a lot more progress than you are. You need to actually act on any of that to call it progress imo

#

In other words, it's similar to how watching those "fix your life" yt videos makes you feel invigorated at 3am

azure zenith
#

oh, and obviously, don't take advice as gospel from random people online haha

#

Figure it out!

thin quest
#

how should we measure progress

azure zenith
#

You'll tend to find a lot of questions you ask at places like these end up with a question as a response

#

hinting you can figure it out yourself

thin quest
near nymph
#

torin is spitting mad game

azure zenith
thin quest
azure zenith
#

Good luck getting that to even happen in a real firm. People are busy.

azure zenith
#

If I'm to try and measure how good I am getting with code quality, I can very easily quantify that with the feedback I get in PRs, how easy it is to go back and fix problems in my components, etc.

thin quest
azure zenith
#

Anyways, I am absolutely one of the worst culprits for saying stuff before thinking it through and questioning whether I said it due to 'feeling' it vs. thinking it through. Was/is some feedback for me work on. @thin quest feels like you're doing similar here; these things are quantifiable, can figure it out in most cases

#

I'm getting anxiety reassurance vibes

#

That makes sense, fair enough

azure zenith
thin quest
#

what do we think about impact as a measure of progress

azure zenith
#

going to sleep now, if I don't see you again then best of luck and enjoy it! Don't forget to live the rest of your life outside it too :))

thin quest
#

^^

dire finch
#

contracted firefighter smh

azure zenith
#

♥️

thin quest
#

what should you try to optimize for in this scenario?

#

just churning out tasks

dire finch
#

this is lowkey awk as fuck i wont lie

#

id scratch my head on company time for 30 minutes first wondering why i dont have a project

#

then stalk manager to his house the following day

lethal apex
#

Ironically I still see people in this chat getting this wrong even after

#

only things matters is convincing your boss of your value to the company

#

not impact not lines of code not even pnl

stone vector
#

dis what i did beah

lethal apex
#

trying to act like you wanted more work

stone vector
#

i worked pretty hard during my internship lol

#

too bad it was cooked and i just pulled tickets from jira

#

oh what did you do during your internship?

#

i just pulled tickets from jira and complete them brodie

cold heart
#

im interning as a swe at a trading firm this summer. I've been trying to learn more about options and trading. I've been working through Akuna's Options 101 course and reading Options Volitility and Pricing by Natenberg.

Is Akuna's Options 201 course worth applying to?

dire finch
#

why does intern swe need to know about options pricing theory

#

swe doesn't do any implementation work

hardy marsh
cold heart
dire finch
#

what would u learn in the course that you can't learn from self studying hull (the derivatives book)

cold heart
cold heart
near nymph
#

that's options 201 i think

#

101 has no interview

#

oh yeah my bad

#

can't read

hardy marsh
zenith whale
#

shaw, cit, jump, hrt all do deferred

#

idk every firm but saying that "most" pay all ur bonus upfront is misleading lol

tranquil wagon
#

Is anyone cracked at Rust here

#

I need rust code review

cold heart
fresh swallow
#

This is 4 firms out of probably 50+

zenith whale
#

4 firms with 75% of the pool of talented new grads

#

sorry maybe its like 50 since jane takes a lot

fresh swallow
#

Lol

zenith whale
#

also i just dont know the comp structure at the other places

#

what does "tc matter" mean here

#

what are u optimizing for

#

ev? ev conditioned on breaking out from qd?

#

tails?

#

median?

#

growth for what

#

theres no growth as a qr/qt

#

its mostly flat and pay is concave unless ur a select few

#

ur ev conditioned on breaking out from qd is probably high

#

ur probably lower than pe

#

private equity

#

where are u in life

#

like sophomore in college?

#

or senior?

#

i mean it's good

#

the same way climbing in tech is good

#

while working many fewer hours

#

when people say tc typically they mean as a heuristic for quality of life

#

in which case id argue working in tech is better, becuase if you're versatile enough to switch from qd to qr at an established shop you're probably good enough to climb high in tech

#

qt is harder out of masters

#

they take like exclusively undergrads

#

itll be hard to get a qt interview if the game is the same from when i did it

#

also firms do bias against masters for those iq type roles

#

at least in qr youd have a shot

#

this is just my two cents tho

#

qd is fine but its entirely a different skillset and more variance on what you're gonna work on

#

and u will have the cringe nerds who want to switch from day 1 but they dont make it far

#

yeah this is fair

#

idk i feel like if u condition on someone being good enough to be a qr for 7 years or so

#

they wouldve made comparable or more in tech or somewhere else

#

unless we're talking about the specific case of the statistics phd who cant code but cooks godly alpha

#

"more" is in a lifestyle sense, not a raw number sense

#

it pays more but caps early

#

unless u become a pm like u said

#

if ur a long term quant working for someone ur not making the tens of millions

#

youll be making tech money

#

which is fine

#

but why make tech money working 65 hours a week

#

like basically no one lol

#

a lot of the established firms have an endless line of oldheads waiting for other oldheads to die and give up the book

#

but no oldhead wants to retire because free 60% pnl while ur quants do all the work is amazing

#

probably

#

it scales better

#

but this isnt an option for u

#

probably