First-class citizen in quantitative finance (@ AQR, Citadel, JS, 2σ)

Google
SaintSaëns

Go to company page Google

SaintSaëns
Jun 1, 2019 7 Comments

Who is the real king at each firm?

144 PARTICIPANTS MULTIPLE SELECTIONS ALLOWED
VOTE VIEW RESULT
Citadel Jane Street Capital Two Sigma
7

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 7 Comments
  • Facebook
    Transforme

    Go to company page Facebook

    Transforme
    There aren't any traders making discretionary decisions at either AQR, Citadel Securities and Two Sigma. Almost all decisions are made by code.

    JS is different.
    Jun 1, 2019 4
    • Facebook
      Transforme

      Go to company page Facebook

      Transforme
      I didn't say traders don't exist. Simply that they don't make discretionary trading decisions in the way that the word 'trader' might imply. Of course there are exceptions to this - a lot of options trading still involves discretionary traders.

      The job posting you linked to is responsible for making sure that execution trading systems are working as they're supposed to - it's mostly an operations role.
      Similary, traders exist at Citadel Securities but they're mostly making sure market data is coming in correctly, orders are going out correctly, etc. Except in options market making.
      Jun 1, 2019
    • Google
      SaintSaëns

      Go to company page Google

      SaintSaëns
      OP
      Most traders are execution or flow-based anyway, and a majority of people does matter. The proportion of discretionary prop traders and fund managers is miniscule in comparison.
      Jun 1, 2019
  • Dropbox
    TylerCr

    Go to company page Dropbox

    PRE
    Dropbox
     TylerCr
    Bridgewater
    Jun 1, 2019 1
    • New / R&D
      cdo7Ree5

      New R&D

       cdo7Ree5
      do they pay like top tier tho?
      as above funds except aqr.
      Jun 1, 2019