4 ms·
Agree 100%. First firm where I worked the programmers were treated like monkeys, and the traders, some of whom weren't even that bright at the time, were almost
by throwaway_hft 9y ago
Agree 100%. First firm where I worked the programmers were treated like monkeys, and the traders, some of whom weren't even that bright at the time, were almost godlike.
Some other person wrote on here about traders being angry assholes. That firm had a ton of angry asshole traders because they'd push and push and push on deadlines, didn't understand the system at all, got hacked up buggy code, never invested in unit or system tests. It was an absolute disaster.
Little anecdote: First year I was out with a more senior trader on my team over drinks. He was talking about the glory days of 08 where every single trader earned a million dollar bonus or more. I asked about the one infrastructure developer who came up with a system to use multicast to simultaneously publish our EuroStoxx signal to DAX along with a dozen other instruments. Nothing earth shattering in 2017, but it quadrupled our P&L and market share at the time.
He got 10 grand.