What are the best trading platform companies to get into?

Apple / Eng
neverSt0p

Apple Eng

BIO
Just an another engineer. Hoping to find a few friends here :)
neverSt0pmore
May 27 25 Comments

I have this crazy interest about trading or finance in general, but I have lost a lot doing trading too lol ๐Ÿ˜ Please suggest me a list of such trading platform companies.

I think - Bloomberg, TDAmeritrade, HRT.

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TOP 25 Comments
  • Bloomberg TheSlayer
    If you are really interested in finance and trading Bloomberg sounds like a perfect fit for you. You have access to the Bloomberg terminal which gives you professional grade financial information. We also have lots of financial training. You get to work on the software that is the standard in the financial industry. Sorry, but no other company compares.
    May 29 6
    • Amazon 3.14pai
      Could you elaborate more how this perk works? Esp if I wanna switch into fintech industry.
      May 29
    • Apple / Eng
      neverSt0p

      Apple Eng

      BIO
      Just an another engineer. Hoping to find a few friends here :)
      neverSt0pmore
      OP
      Thanks a lot for the detailed response! Yes, Bloomberg is at top of my list of companies that I want to work for. I assume the interview process is tough to clear. How should I prepare? Does leetcode problems on Bloomberg suffice?
      May 29
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

      PRE
      Amazon
      Fork()more
      Your email, HR stuff and more is done through the terminal. Every employee has a fully licensed terminal on their desktop and engineers get the top-tier plan with remote access, Bloomberg News website and pretty much full access. I'll admit, it's not the easiest thing to use if all you want is a quote. ask yourself if you want to find the free cash flow from Q2 in 1997 for Amazon and then turn around and compare its returns to say apple from around the same time, calculating alpha along the way. It's a professional tool designed for finance professionals. All kinds of information, all kinds of way to process it.

      It's definitely not for your average home trader
      May 29
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

      PRE
      Amazon
      Fork()more
      Oh and BB will pay for you to get CFA Level I licensure. It's not much but it will give you a good way of getting your feet wet at a professional level. Professionals usually need to get to CFA level 3 within a few years of graduating
      May 29
    • Google kMCo76
      Hi Fork may I ask you which team u from? Lots of your posts super helpful
      Aug 24
  • Bloomberg / Eng
    Fork()

    Bloomberg Eng

    PRE
    Amazon
    Fork()more
    Bloomberg AIMS/EMSX.
    I'm not biased at all.๐Ÿ˜‰

    That said, it's far less interesting than you think. The only interesting parts for your grunt software engineer are the market makers and HFT firms that work on super low latency stuff, even then they are moving to strictly hardware based setups.

    The real brains of the operation are the quant researchers and portfolio managers.
    May 29 0
  • Bloomberg / Eng
    WPslayer

    Bloomberg Eng

    PRE
    Fidessa
    WPslayermore
    If you are interested in trading youโ€™ll probably learn the most doing front office ALGO development for a bank or hedge fund.

    You learn a lot about regulation if you work for a software vendor. (FlexTrade,Fidessa, Itiviti)
    May 29 4
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

      PRE
      Amazon
      Fork()more
      WPSlayer, the Trading Solutions group is class leasing against those companies.
      May 29
    • Bloomberg / Eng
      WPslayer

      Bloomberg Eng

      PRE
      Fidessa
      WPslayermore
      โ€œClass leadingโ€?

      I mean BB certainly blows them out of the water in terms of revenue and prestige.

      I was under the impression that Fidessa was the leader in sell side high touch desks for equities/futures, and Flex had the best algo kit. BB was competitive because it was cheaper in those spaces and made sense for small straight agency trading desks.

      As far as fixed income, really BB is the only game in town.
      May 30
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

      PRE
      Amazon
      Fork()more
      You are right in that we basically own fixed income. BB started in fixed income and it's always been a focus. Part of that is because fixed income was always slow and paper heavy.

      All of the above are better in specific niches but it's hard to the beat the simplicity of one package for everything.
      May 30
    • Bloomberg / Eng
      WPslayer

      Bloomberg Eng

      PRE
      Fidessa
      WPslayermore
      Sell side trading systems is a dying business. Banks are automating those functions and want to control the technology that does it. Leaves the software firms to fight over tier 2 firms and the three person shops selling research for order flow.

      I can see why Bloomberg is getting out of that business.
      May 30
  • Uber wKsu82
    Robinhood
    May 27 3
    • Apple / Eng
      neverSt0p

      Apple Eng

      BIO
      Just an another engineer. Hoping to find a few friends here :)
      neverSt0pmore
      OP
      I tried Robinhood already but my application gets rejected because I am a Java developer but Robinhood requires Python - which I don't understand because I can adapt to any language.
      May 27
    • Bloomberg / Eng THNK<GO>
      Itโ€™s a very unethical company which will go down once the markets decline .
      And FYI, no top tier company ever asks for a specific language skills . Itโ€™s an add-on
      May 29
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

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      Amazon
      Fork()more
      1999 called, they want their rookie day traders back
      May 30
  • Amazon ooooookkk
    Can we earn extra money using info from bloomberg terminal if I work at BBG? Is that legal?
    May 29 3
    • Bloomberg ScumMaster
      I work at BBG and my peers and I use google finance to look up stocks. The terminal is a buggy old mess that crashes more often than it works.
      May 29
    • Bloomberg aJRs40
      It's so bad
      May 29
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

      PRE
      Amazon
      Fork()more
      Totally OK and is encouraged as long as you stay in the confines of the personal trading policy. No derivatives and you can't sell for a gain within 30 days
      May 29
  • Bloomberg / Eng
    WPslayer

    Bloomberg Eng

    PRE
    Fidessa
    WPslayermore
    You can use the information on the terminal, though the firm has a policy of short term trading (holding less than 20 business days).

    You canโ€™t use the terminal to place orders or executions.
    May 29 1
    • Bloomberg / Eng
      Fork()

      Bloomberg Eng

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      Amazon
      Fork()more
      30 days and yes you can place orders for the terminal though the functionality is limited to huge Enterprise clients. It's not something you can hook up to eTrade or Robinhood
      May 29
  • Google DJ Okawari
    why not work at Two Sigma or Jane Street if you like it so much? you might still be back office, but at least on the buyside (in the former case)
    May 27 1
    • Apple / Eng
      neverSt0p

      Apple Eng

      BIO
      Just an another engineer. Hoping to find a few friends here :)
      neverSt0pmore
      OP
      I will check them out. Thank you!
      May 27