I am curious — Which role among Traders, Quant Researchers and Software Engineers has the highest total compensation on average, specifically at top HFT and Market Maker firms like Citadel Securities, Jane Street, HRT, Jump Trading, Optiver and Two Sigma? (I mean on average and all other things staying equal like performance scores, seniority/level, etc) Would appreciate comments from people working at these companies.. Thanks! #janestreetcapital #citadel #citadelsecurities #hrt #hudsonrivertrading #twosigma #optiver #jumptrading
Researcher. No question. These are people from top schools who win worldwide Mathematics competitions and write papers. Second is traders. Finally swe, i assume you don't mean Quant developer (they make approx as much as trader)
this is just wrong. researchers are way more of a commodity than traders
QR>All. Clueless reply.
Dude, make it a poll (and ignore the results because people are guessing).
It's not about who earns the most, it's about who's happiest. And the answer is Matt. That guy always has a smile on his face.
What about Yaron?
Who is Matt?
Assuming all else equal (and this is difficult since there are no levels and comp is so heavily skewed by performance), QR > Trader > SWE. But I'd say the comp bands for all three overlap -- a strong SWE in the right group can easily make more than a mid-range QR or Trader. So, rather than targeting a specific role, I'd say it's more important to target a position that you can really excel in.
Bump
^ agreed
I'd also want to know about highest average TC per hour among these job roles.
This is the right question! I'd guess something like Trader >> SWE ~= QR
Maybe at citadel. Not at Optiver. I’d say fairly equal hours.
QR > SWE at TS, but it's not dramatic
And what about traders
Traders earn 2-5x what SWEs earn
SWE is lowest paid, that’s for sure
Depends on the firm/desk. Optiver and JSC are semi systematic firms where traders are the king. At CitSec QR > Dev > Trader if systematic desk.
Can I dm you Citadel?
Which team are you in?
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Trader > QR = SWE
QR>SWE
Depends a lot on firm. I’m just giving perspective for where I’m at. I would agree that at a place like Two Sigma or the like, QR probably > SWE.