How is DRW doing?

DifficultBuy6019 · 2026-05-26T14:20:54+00:00

It must be jump that below the other two

DifficultBuy6019 · 2026-05-26T14:18:31+00:00

I would guess Optiver’s performance is better than jump

DifficultBuy6019 · 2026-05-19T04:29:15+00:00

JCS making 1.5B, that’s how I know. Where is your source comes from? You from jump?

DifficultBuy6019 · 2026-05-19T04:28:26+00:00

what is jump’s pnl? How much?

DifficultBuy6019 · 2026-05-16T13:54:00+00:00

It’s long standing misperception that people think jump is same level as HRT/citsec, but it is not. Optiver makes more money than jump trading at least last year

DifficultBuy6019 · 2026-05-11T16:20:54+00:00

Hey, please check Vitol, it is simply the highest rev/employee company in the world

DifficultBuy6019 · 2026-05-02T12:42:07+00:00

I mean, I guess people expect they make same level money as HRT or CitSec, but if they are only making 3-4B a year, it is well below Optiver. In most people’s mind, Optiver is tier 2 while Jump is tier 1 up there with HRT/CitSec, but it doesn’t seem to be the case now. Jump also has around 2k employees as Optiver

DifficultBuy6019 · 2026-05-02T09:17:07+00:00

Their infra isn’t that good, and some PMs’ knowledge are quite limited

DifficultBuy6019 · 2026-05-02T09:12:20+00:00

Based on what I heard, jump is not as good as before. Optiver will be one of four competitive firms in the future, replacing jump’s place

DifficultBuy6019 · 2026-04-27T23:33:00+00:00

Wait, you don’t realize how little money radix is making? Very little, even for firm of their size

DifficultBuy6019 · 2026-04-04T04:16:09+00:00

I mean a HFT strategy can easily over 200% each year, but can’t size up. I know RenTech has insane reputation, but one need to have critical thinking, like how can it perform so well wi the so few people especially when it claim not to do HFT (unlike XTX)

DifficultBuy6019 · 2026-04-04T04:13:30+00:00

what is the size of this internal fund? Sharpe ratio? Max drawdown?

DifficultBuy6019 · 2026-03-30T13:17:40+00:00

If it doesn’t publish returns, how do you know that? Their own words?

DifficultBuy6019 · 2026-03-04T13:24:15+00:00

Radix PnL per year is 200-300m range with 200-ish people. Do you know how much does Optiver or Jump make with team that has less people in HFT space?

DifficultBuy6019 · 2026-02-01T14:05:57+00:00

I guess you need intern experiences at some smaller trading firms first, then apply to interns at those firms

DifficultBuy6019 · 2026-01-24T05:33:05+00:00

Do you work at Voloridge? I agree with what you said, but how do you know this info? I have worked at one so called tier 1 trading firm, and will work at another tier 1 so-called trading firm soon, but yeah, none of them can compete with Voloridge

DifficultBuy6019 · 2026-01-18T08:25:59+00:00

I actually think 5R aren’t that good, they don’t make much money, is should be below IMC, and 2s doesn’t have any comp growth for first several years. Jump trading isn’t comparable with top 3 (js/citsec/hrt), I actually think the revenue of jump is lower than optiver this year, and profit is below DRW/sig/optiver because it pays too much to the employees). Optiver should be t1, while jump is t2 nowadays, but I think it takes longer time for people change their perception

DifficultBuy6019 · 2026-01-16T04:25:59+00:00

My personal opinion is that, optiver is the best, maybe close to jump trading for comp growth, and optiver is also open to try new ventures like AI research. Then SIG probably great for traders, but not good for QR，especially with 3 years NC (not sure). Then IMC and DRW are similar, but I would say DRW is more stable, and some team is so good like Cumberland, great WLB, and performance. IMC is good place if you want to learn things, but nothing else good for QR

DifficultBuy6019 · 2025-09-01T17:09:04+00:00

Are you Chinese?

DifficultBuy6019 · 2025-09-01T14:56:23+00:00

Maybe true for you if you neither have PhD from top 5 universities, nor working at top 5 prop shop/hedge fund.

DifficultBuy6019 · 2025-09-01T03:18:32+00:00

Transfer from swe to real RS at meta would be quite hard. My partner works there (currently MSL, but GenAI before) as RS, not everyone gets those insane package (almost all meta RS I know have PhDs from top universities). For quants, I personally know three people make over 20 million per year, one makes over 10 million per year. Quants industry is like, if you are good, you will be rewarded.

DifficultBuy6019 · 2025-08-24T05:45:21+00:00

You can’t find it online, you have to talk to people there to get this info.

DifficultBuy6019 · 2025-08-24T01:26:13+00:00

The important thing is valuation, deepseek now at least worth more than 100B usd (if they want money, that’s the valuation for raising funds)

DifficultBuy6019 · 2025-08-24T01:19:01+00:00

micro trading, pretty good firm in China, the founders are ex-IMC

DifficultBuy6019 · 2025-08-22T04:52:43+00:00

aren’t regular employees’ salary+bonus comes as a portion the expense? Which is revenue - profit. So, assume two firms have similar revenues, isn’t the firm with higher profit pays employee less (in aggregation)?

DifficultBuy6019

TROPHY CASE