What's it like working for two sigma, citadel, Jane street etc in software? How did u make the transition from tech companies? Not talking about quant trading/research
I worked for a proprietary trading firm (not a hedge fund). The money and perks are good, but traders are the first class citizens, not engineers. Definitely a very interesting world though, exciting and technically challenging. You have to have a passion for it to do it long term.
I hated it, my friend loves it. People are generally trying to switch the other way, esp if they’ve spent some time in tech. All the former big tech people left within two years, most one and it was largely due to a large signing bonus. It really depends on the person and the team. Your hours will be worse and there are no delusions that you’re the cost center, but you can also have more impact. If you aren’t assertive you will get stepped on. You’ll most likely be in nyc which is a bonus.
Curious where does your friend work?
We both worked for the same one, so mileage varies
It's not much different, still making whatever software that management wants. Most shops seem to have shit hours, but I don't so take that however you want.
Don't do it, unless you're in front office tech (low latency at a high frequency shop), or unless you're a type B and have a really high utility for money.
With the bad wlb rep of citadel i’d be surprised if the wfh culture is prevalent. Maybe 2sig
Citadel is all about results - you can work from the moon as long as you're producing. I believe Two Sigma (jwchb can correct me) and other Quant driven places are similar. Jane Street is different because it's more trader driven.
Are there quant firms that are dev driven?
Adding few more tower research, optiver,
Can confirm