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What is the workload like at HFT companies? My acquaintances who have worked for them all dropped out because they were working 70 hour weeks, so hourly after-t
by Aunche 6y ago
What is the workload like at HFT companies? My acquaintances who have worked for them all dropped out because they were working 70 hour weeks, so hourly after-tax, they were actually doing worse than what they would make at a FANG. None of them are super-geniuses though, so I'm wondering if the ones who stay have more reasonable work hours.
- fractionalhare 6y agoIt depends. None of the people I know at Jane Street work more than ~45 hours a week. I know a few people (mostly on the younger side) who grind out 60 hour weeks at Citadel Securities. I think you'd find that, across the universe of technology-driven trading firms, work life balance is worse than tech on average. But you'd also see pretty high variance, which skews the mean quite a bit. Some firms are basically like top tech in terms of work life balance; others not so much.