18 ms·

>> got to MIT, get an undergrad in math/engineering, apply to TradeBot, Virtu, Getco, Jane Street. Regarding Tradebot, they are known to hire from local school

>> got to MIT, get an undergrad in math/engineering, apply to TradeBot, Virtu, Getco, Jane Street. Regarding Tradebot, they are known to hire from local schools out in Kansas. In fact, Dave Cummings once said it's like half-way to India strategy. You don't have to get an MIT kid and pay them loads of money when you can get a local school kid pretty much do the same. I used to be in this field, so I can say from my experience, at least, such jobs come out of relationship building with the men of influence. Sometimes it means being ruthless about following up until the right moment comes (e.g. they have a headcount). But I hear you on that. Having gone to MIT may help.

busterarm 12y ago
With some places (DE Shaw & similar), having gone to MIT or an Ivy is just about the only way to get your foot in the door if you're new to the industry. Also, having a Ph.D. helps, and if somebody wants to go this route I would steer them towards Two Sigma over the competition.
- jeffreyrogers 12y ago
  Even then it's still really hard. I'm at one of those schools and many of my friends don't even get interviews with the best firms. My impression is that the supply of capable people for these jobs is much higher than the capacity to absorb everyone who is capable of doing the job.
  - busterarm 12y ago
    Yeah, it's hard to really pin down. They're all really image-conscious and they're looking for specific things -- I don't even know what sometimes. It also really helps to meet with their recruiters that come around your campus and get feedback from them on this. They have a difficult job that they'd love to make easier. Also keep in mind that they have an image to maintain and some of them are really hurting right now. They may have to look like they're hiring when really they aren't. (looking over your profile) You might be better off at some of the smaller, specialized HFT shops out there (I hope you like Chicago) if you really know your way around linux kernel programming. That's a really small industry though.
    - jeffreyrogers 12y ago
      Thanks for the advice :)
deleted 12y ago
[deleted]
deleted 12y ago
[deleted]

busterarm 12y ago

With some places (DE Shaw & similar), having gone to MIT or an Ivy is just about the only way to get your foot in the door if you're new to the industry. Also, having a Ph.D. helps, and if somebody wants to go this route I would steer them towards Two Sigma over the competition.

jeffreyrogers 12y ago
Even then it's still really hard. I'm at one of those schools and many of my friends don't even get interviews with the best firms. My impression is that the supply of capable people for these jobs is much higher than the capacity to absorb everyone who is capable of doing the job.
- busterarm 12y ago
  Yeah, it's hard to really pin down. They're all really image-conscious and they're looking for specific things -- I don't even know what sometimes. It also really helps to meet with their recruiters that come around your campus and get feedback from them on this. They have a difficult job that they'd love to make easier. Also keep in mind that they have an image to maintain and some of them are really hurting right now. They may have to look like they're hiring when really they aren't. (looking over your profile) You might be better off at some of the smaller, specialized HFT shops out there (I hope you like Chicago) if you really know your way around linux kernel programming. That's a really small industry though.
  - jeffreyrogers 12y ago
    Thanks for the advice :)

deleted 12y ago

[deleted]

deleted 12y ago

[deleted]