Why do Hedge funds/Trading companies pay fortune to Software Engineers?
Nov 1, 2021
Companies like IMC, Citadel, Two Sigma pay like 250k to a new grad. Is their work really so complex or they just don't give a shit about money?
I understand that designing trading softwares/algorithms is a complex job but still.
#imc #twosigma #citadel
comments
Technology massively drives profitability (and overall revenue) for quant firms so they have to pony up if they want to get the best talent from other companies.