Trying to break into the HFT space or fintech generally. Seems like FPGA roles are limited (one "guru" per company, limited support team), but very well compensated at senior levels. Am I wrong?
Can anyone give insight on what it's like working in development for these firms (FPGA or general)? Prop firms or market makers.
(1) How is the knowledge transfer among the dev teams?
(2) I understand long hours per week... 50, 60, more?
(3) I understand NDAs are common, what about non-compete agreements?
(4) Do you think this a sustainable career path overall?
@ Hudson River Trading, Two Sigma Securities, Tower Research Capital, Citadel Securities, Jane Street, JPMorgan Chase (JPM), Susquehanna International Group (SIG), QuantLab, IMC Financial Markets, DRW Trading, Optiver, Jump Trading, XR Trading, Simplex, DV Trading, etc.
2. I think around 50 is average, above 60 would be rare and not expected. Somewhat team and company dependent of course.
3. Non-competes are very common in the industry - expect at least a year of non-compete, usually base is fully paid but no bonus.
4. Pretty sustainable - HFT is overall a very stable business, especially at the larger and more established players.