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The jobs in algo trading are very interesting for technically - mathéamtically inclined people. It’s really one of those fields where you have a direct impact o
by TheAlchemist 3y ago
The jobs in algo trading are very interesting for technically - mathéamtically inclined people. It’s really one of those fields where you have a direct impact on the results of your - measurable in additional dollars made.
There is 0 social impact. That’s the downside of course - but hey, how many jobs out there are really having any kind of positive social impact ? Not 0, but close to it.
- ir123 3y agoI think there is some impact, for finding the correct price of things.
- MagnumOpus 3y agoThat impact is not made by HFT - finding the right risk premia for different investments is very valuable but that is a signal measured over days/weeks/months because actual capital investment decisions take that long. Intraday financial games are zero-sum. What HFTs gain, they leech away from mutual funds and pension funds and retail investors and market makers who operate over a longer horizon.