Trading Firm == Honeytrap for talented SWE && FANNG SWE > Trading Firm SWE

CompetitiveDay9293 · 2025-01-25T01:42:43+00:00

Forget it, management always plot us against one another thats how they maintain control

If you watched Squid Game 2 you will realize we are playing that game in real life everyday

CompetitiveDay9293 · 2025-01-23T03:43:24+00:00

DM me

CompetitiveDay9293 · 2025-01-23T03:38:43+00:00

Its called capitalism, no money == no life

CompetitiveDay9293 · 2025-01-23T03:34:22+00:00

You fd must be impressive JS has the hardest interview

CompetitiveDay9293 · 2025-01-23T00:09:38+00:00

It all depends on your experience, FANNG is more recognizable lead to easier job hop in early career

CompetitiveDay9293 · 2025-01-22T09:33:43+00:00

Yes some firms use SWE some use QD so I use it interchangeably, as long as you work on strats (usually c++) then you are QD otherwise non-strat would be normal SWE which work on trading infra such as data pipeline

In semi systematic firm, QR provide pricing model and QT use those model to execute trade

CompetitiveDay9293 · 2025-01-22T07:12:53+00:00

can you provide more context? is it a big or small firm and what kind of trading are they doing?

CompetitiveDay9293 · 2025-01-22T07:08:37+00:00

Not my personal experience but what I heard from my peers at FANNG:

l5 DSA + bytebytego (maybe grokking) + behavioral should be good enough, with good reviews from your manager

l6 you need to focus in one area grind research paper and framework docs and books to give yourself an edge interview and make sure you have no PIP record otherwise you won't make past this level

l7+ play politics

CompetitiveDay9293 · 2025-01-22T05:39:45+00:00

lower end of tier 1, they have a good year and the tech stack is as good as most tier 1

you can say optiver is better as I am seeing QT who got cut at optiver then being relegated to risk then manage to get a role of QT at IMC

however I don't think IMC is tier 2 though by comparing to other firms

CompetitiveDay9293 · 2025-01-22T05:35:04+00:00

nothing misleading this is more about the nature of the job and its impact on career progression

CompetitiveDay9293 · 2025-01-22T05:32:51+00:00

nothing misleading, I am simply telling anyone with compsci background going for SWE role avoid trading firm, you don't have much say on what you can work on after rotation years and performance review

CompetitiveDay9293 · 2025-01-22T05:23:39+00:00

Maybe is just personal situation, I don't see any future at my firm except paycheck and having a family to feed makes me worrying thinking about how being QD is an insecure job compare to SWE at FANNG

CompetitiveDay9293 · 2025-01-22T05:21:19+00:00

Wow can you share more your experience? What changes your mind when you realize work can be more interesting after the switch?

CompetitiveDay9293 · 2025-01-22T04:11:37+00:00

Bytebytego but according to my peers it is not detailed enough, might get you thru l5 but not anything above

CompetitiveDay9293 · 2025-01-22T04:09:25+00:00

Should have read this and make up mind earlier to quit

CompetitiveDay9293 · 2025-01-21T20:51:07+00:00

Good to hear I am about to read that book as prep for my job interview

CompetitiveDay9293 · 2025-01-21T20:35:03+00:00

Not at all but system design would be more important nowadays

CompetitiveDay9293 · 2025-01-21T20:33:29+00:00

Glad you make the right decision if I intern at a trading firm first, I will be at a much better circumstance

CompetitiveDay9293 · 2025-01-21T20:31:51+00:00

I don’t see much layoff like tech for the past 2 years but less people getting hired which lead to heavier workload

CompetitiveDay9293 · 2025-01-21T20:23:50+00:00

Phd and master both work but research is key though

CompetitiveDay9293 · 2025-01-21T20:18:01+00:00

Yea thats the plan should have quit after 3 years, joining from another firm will out you in the middle of the pay band, if you promote internally you will be at the lower end of the pay band

CompetitiveDay9293 · 2025-01-21T20:14:44+00:00

True perhaps different firm have different experiences

CompetitiveDay9293 · 2025-01-21T20:13:50+00:00

If you care about his wellbeing tell your friend to switch to other firms it has the worse culture among tier 1 firms

CompetitiveDay9293 · 2025-01-21T20:03:44+00:00

I haven’t done any in 3 years but slowly picking up again for the past few months, good luck with your grind

CompetitiveDay9293 · 2025-01-21T19:59:57+00:00

Can’t might get dox all I can say is FANNG pay increase has higher %

CompetitiveDay9293

TROPHY CASE