2 ms·

What are those new grads doing? Trading, development, quant?

• throwawaymath 7y ago
  They work in what's usually termed the "front office." Quant, sure, but also research development (read: trading algorithm implementation).
  • twic 7y ago
    Cool. That's adjacent to what i do, but i have more experience and make less money! As an aside, i love that the names for things vary so much across the industry. Where i am, "research development" means things like building historical market data archives that other people can use to backtest algorithms etc.