Optiver vs google reddit. To sum it up, it's all about money.
Optiver vs google reddit Where is the best place for that? Optiver straight up told me that they're a very "trader-centric" firm The Reddit Law School Admissions Forum. Also, I've heard that the difference between elite HFT firms and elite tech companies in pay gets smaller with seniority, to the point where it's not a no-brainer to go with HFT. Beyond that, They don't pay me anywhere close to my value, given how much I've made the firm (my group has made the firm over 1bn and just my IC work makes investors a couple hundred mm per year). For the most part there isn't any inherent prestige, interesting work, or passion in quant; just money. The best place on Reddit for admissions advice. Comp is a joke at SIG Dublin, they knowingly underpay by at least 3 times vs the rest of the industry, but not sure if this is the same in the US, but it is likely. incorrect, I personally know this to be completely false. I'm finalising the offers at Optiver and Jane Street. my research has been pretty impactful and I'm very good at designing research plans for my juniors. We would like to show you a description here but the site won’t allow us. aim the crypto space, Wintermute is an Optiver spin-off and Alameda is a Jane street spin-off. Others love it and thrive, so the intensity is not necessarily a bad thing. /r/MCAT is a place for MCAT practice, questions, discussion, advice, social networking, news, study tips and more. 3. I don't mind 10hr days, esp early career. All should be fine. Just pick one with confidence. It's better now but still has a long way to go. It really depends on the firm (I cannot speak for Optiver specifically). ccsp vs cissp Hello all, I am currently working on my CISM. Imho, if you can get into UIUC for CS, CE, Stats, Math or Econometrics DO IT and start applying to the top QuantFin firms ASAP. Shaw, Virtu, Five Rings, etc)… NY firms tend to offer a bit more fixed comp vs Chicago as a sort of COL adjustment (chicago ends up being quite a bit better COL and tax adjusted generally still, especially over a few years in a career) I know JS, HRT, five rings, CitSec, IMC, Optiver are all paying in this range for sure (probably DRW and SIG too) Optiver can be less and they will always pay it. This is a genuine question, as Optiver claims that it helps the market, and that "by providing liquidity to markets across the globe, we make markets more efficient, transparent and stable". The people at CitSec NY and HRT seemed to work pretty similar hours to JS devs in my impression, but the impression was from interning in a non-dev role at one of the above and from interviews with the others (+ conversations with full timers), so it could be off. But as someone who has lived in both, I personally enjoyed Chicago more. I mean pretty much every firm is a spin off of older firms. Retention is pretty good at both vs the rest of the industry - both are around 85-90%. /r/SanJose will be going dark between 12-14th June in protest against Reddit's API changes which will kill 3rd party apps like Apollo, Reddit is Fun, and BaconReader. was getting paid 50-60/hr (w . This is 100% accurate. From some googling, I have gathered that Optiver is pretty cutthroat, have 55-60h work weeks, a high turnover, but they have a transparent bonus structure. 22 votes, 32 comments. Which option maximises growth + long term TC?. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. OTOH, most people would be impressed if you told them you're a SWE at a "tier 1" company like Google or even a "tier 2" company like Snap. Optiver isn't the worst place to be, but given the stories I have heard, its not the greatest either, but most of the stories I heard are for very senior engineers. I'm very quantitative and would like more of a role where I improve algorithms and systems as opposed to manually making decisions. Whats ur role/dept at google? Just a UI/UX/frontend dev? Or google deepmind? And for optiver, isit SWE? quant trader? All of these makes a big difference Oct 24, 2021 · Can anyone confirm or deny Optiver's true salary range in Amsterdam? It is 75k base, 75k bonus and 50k signing bonus for first year traders, devs and researchers. Akuna is an Optiver spin-off. Has anyone received an offer from any top trading / finance firm (Optiver, IMC, DRW, SIG, D. CSCareerQuestions protests in solidarity with the developers who make third party reddit apps. Which option maximises growth + long term TC? Both Jane Street and Optiver have been around for a while and are both one of the top ~5 most profitable trading firms in the industry. While I agree that SIG's prestige seems to be lower than other trading companies, I believe the company's WLB, gaming culture, and education system are some of the best for trading and more than makes up for its lower prestige level, especially if you are considering going full-time with the company you intern with. The #1 social media platform for MCAT advice. Optiver and Akuna are more alike (Optiver alumni spawned Akuna). I had been planning on also getting my CISSP, since I do have a technical background and figured both together would be better. Posted by u/kertam - 7 votes and 5 comments CSCareerQuestions protests in solidarity with the developers who make third party reddit apps. Do not compare flow to Optiver lol, flow is not doing well because of various reasons, most of which don't affect Optiver in the slightest. I am wondering if anyone could shed some light on the WLB/culture at these firms. Apart from MM, firms can look for alpha and have quantitative strategies for portfolios, such as Hedge Funds etc. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship There's a few large classic tech employers here, including a Google office. And most of all public transit. also, check out glassdoor for previous interview questions. google “optiver quant trading intern interview questions glassdoor” Optiver: Based in Sydney- pro: Good WLB, better culture (collab), good intern program- con: Compensation seems to be lower, tax I am not sure in the case I fail JS but get Optiver / CitSec, which one should I choose? I am leaning towards Citadel for the recent expansion and varied assets they manage. Besides the more common ones like curiosity and strive to go beyond, I think the most unique one is ownership. To be honest, out of the three firms, I liked the culture at Optiver the least. All these companies are good, but I think the finance companies open up doors in more fields and the pay will also be better which is a nice added bonus. Optiver's marble system does seem great for long term growth. FTFY. You’ll probably be taking exams/quizzes on options theory while taking courses and shadowing desks/small projects. I though the people were still nice and smart, but at DRW and IMC people seemed very genuine and cared a lot it seemed, which was nice. On one hand JS seems more prestigious and selective but on the other hand HRT seems like a better place for engineers and apparently every SWE who interned at both ended up coming back to HRT. This sounds all well and good, but how does that actually work in reality, and do they actually help the market? Hi, I am an undergrad at a UK university, I have recently received offers from both Optiver and SIG to join their graduate programs and am looking for advice on the differences between the companies and anything that could help my decision. ) in their sydney office (joining another one soon). Jane street is a SIG spin-off. Some would argue that Optiver is not really HFT, or at least, Optiver does not majorly rely on speed to acquire advantage. I was a trader but also worked very closely with the quant team. Depends. Pretty much the title. The MCAT (Medical College Admission Test) is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. Culture wise Optiver is stressful and definitely had a bad reputation in the past for being toxic. . Kinda conflicted and I don't know what to choose. Thank you for all your help in advance. Good luck! Hey I interned at a market making quant firm (SIG, Optiver, IMC, Jane Street, Akuna etc. I'm in the interview process for Optiver, IMC, SIG, and HRT. Googled for this comparison but did not find any results. Optiver FT NG pay is about 350-390K and by year 5 you should be making north of 1-3m (assuming you didn't get canned). Simple, stop looking at Glassdoor. Interns are treated pretty well in this industry. From what I've gathered, Optiver > Citadel Securities > Citadel the hedge fund in terms of WLB, but Optiver loses out on initial comp. g. A subreddit dedicated to San José, California, the heart of the Silicon Valley. At the firms I’ve been at, quant researchers are usually the ones responsible for deep research into trade ideas and back testing, whereas the traders are implementing these into production, interfacing with brokers/exchanges, adjusting parameters in realtime and executing manual trades if needed, and offering feedback IMC vs Optiver Internship Sydney Profession Insights Hi all, I understand that similar questions have been asked before, but I’m looking more specifically for personal accounts of these particular offices, as well as a comparison of the internship programmes themselves. ? Locked post. HRT is a SIG spin-off. The issue is that these firms become harder and harder to start. Optiver is known to be a bit more intense. E. Lots of companies are there, everything ranging from Google to a small businesses. It's quite common for the high end quant market makers like citadel/Jane street etc. If I were given a chance to do the same exact role at IMC vs DRW, which one would you say I should go for? Thanks! I just started working as a part-time Trading Analyst at Optiver, hoping to work there as a full-time Trader eventually. In the 90s, UIUC sent the highest number of grads to Microsoft, in the Oughts they sent the highest number of grads to Google, in the 10s same deal to Qualcomm and Facebook (now META). Just got a return offer from HRT and passed the final round for JS (new grad SWE) recently. Post any questions you have, there are lots of redditors with admissions knowledge waiting to help. Sydney is an expensive place to live compared to Melbourne, and in spite of that she mentioned the base compensation would be around merely 120k (which is close to what I earn), but that bonuses are amazing. Alas a lot of the mainstream web tech is by the beach in Santa Monica or Venice, where prices start to rival SF. Some people don't like the intensity and flounder. Chicago was more affordable for me as there were greater housing options. e. , some of which I've heard some really good things about. Which option maximises growth + long term TC? Jan 21, 2022 · Final internship, fortunate to be making this choice but having a very hard time deciding. Not the headquarters but still has a few hundred employees and a very big quant team. Are people in quant trading making mega bucks? Is there some barrier to entry that requires employees to be maths / programming experts, which means Oct 6, 2018 · I know Optiver is a great firm and I will make a lot more money but I rather lose in the short run and gain the technical skills at Google if that is more valuable to firms. Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. Optiver beats Flow in reputation and salary - of course you don't get into prop trading for base salaries, but Flow's bases are really minimal. Jul 20, 2023 · Depends. I've been fortunate enough to get offers from Citadel, Citadel Securities and Optiver for an internship next summer. your internship, should you not like Optiver, can take you to some great firms. If you want to live someplace significantly cheaper than SF, you probably want a job in downtown LA, mid-city, Burbank, Glendale, Pasadena, etc. Although payed exists (the reason why autocorrection didn't help you), it is only correct in: . Do note that this is essentially the full time analyst pay you can expect to get if you get converted from your internship. Even in Amsterdam, Optiver recruiters were the least "helpful" when it came to explaining pay structure. Has anyone done the Optiver final round for SWE intern? What are the best concepts to review is it mostly design questions or do you need to know things like OS, networking, etc. my team has a very high success rate. I was reminded that once I started working on the project, I am its steward and should proactively chart out the course to its completion. It's a large city with tons to do and see. Which one would you take? I'm sort of interested in HFT and would 100% take Jane Street/HRT over Google but Optiver is a tough one. To sum it up, it's all about money. DRW: High quality firm with a rich history in the option trading business. there are many more firms, google around and you’ll find them. Virtu is another major HFT and Jane Street is a MM that does not do HFT. Jan 21, 2022 · Final internship, fortunate to be making this choice but having a very hard time deciding. I personally rank SIG to be pretty high in my list given my experiences. The interviewer at Optiver seemed she was full of crap, boasting a lot about how Optiver rules, how they are harder, etc. I'd join a C++ heavy team at Optiver, or a back office team at Jane Street. And they are competing with the likes of Jane Street and Citadel, which pay even more than that. Oct 28, 2018 · Do people make mega money at places like Optiver / Virtu / IMC? entry is only a college degree, the pay may not be huge. Final internship, fortunate to be making this choice but having a very hard time deciding. Check out the sidebar for intro guides. Mar 30, 2023 · From what I've heard, a trader could take a dump on your desk at Optiver and get you fired instead for not lapping it up. It's been a while since I interviewed with Optiver, so I don't remember specific questions, but the technicals were limited to basic math/stats. Optiver has numerous competitors, like IMC, Jane Street, Flow Traders, Citadel, etc. Mental math dealing with whole numbers, fractions with different denominators, and decimals to thousandths place, brain teasers, basic probability, personality questions, identifying the next number in a sequence. I think 2 sig and Optiver will probably be your best options. The only drop you may see is because COVID was an extremely profitable year for Optiver. Personally, I’d just say Optiver/DRW then Akuna then Virtu. Optiver is quite proud of their principles and how they are applied across all offices. Whats ur role/dept at google? Just a UI/UX/frontend dev? Or google deepmind? And for optiver, isit SWE? quant trader? All of these makes a big difference Can anyone confirm or deny Optiver's true salary range in Amsterdam? It is 75k base, 75k bonus and 50k signing bonus for first year traders, devs and researchers. fvvla yahtnvwb qya tkrur ncqetp xdbllr ymij gfawge xff lumtpga skiowtb pohjxbl ued nkhc rucysi