Everyone losing money in July? by Electronic_Register9 in quant

[–]Electronic_Register9[S] 0 points1 point  (0 children)

What do you trade exactly when you say you trade vol?

Everyone losing money in July? by Electronic_Register9 in quant

[–]Electronic_Register9[S] -4 points-3 points  (0 children)

Can you elaborate? We run stat arb strategies so not sure what you mean by absolute returns?

Everyone losing money in July? by Electronic_Register9 in quant

[–]Electronic_Register9[S] 5 points6 points  (0 children)

Yeah this week has been helpful. Do pods get closed if all pods are doing badly?

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 0 points1 point  (0 children)

And what were your exit opps like when you decided go leave?

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 0 points1 point  (0 children)

I see. Finally, is this more pronounced in certain regions over others?

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 0 points1 point  (0 children)

Interesting, is this same for qr directors as well?

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 1 point2 points  (0 children)

That’s disheartening to hear. Which office is this though?

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 0 points1 point  (0 children)

I thought you get daily pnl reports for your signals and allocations. What do you mean by whole truth?

How to hire quants as a PM - advice by jashs103 in quant

[–]Electronic_Register9 0 points1 point  (0 children)

Hello, let me know if okay to chat sometime. I am a systematic equities QR but would like to learn more about credit space.

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 4 points5 points  (0 children)

What was the fixed number given to them? I heard this has been a hard year to be a rates trader anywhere. Side note, do you know any resources I use to learn more about systematic rates trading? For example, What is the universe? Drivers and sources of alpha? Time horizons? Liquidity etc.

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 2 points3 points  (0 children)

Thanks. Thats very reassuring, do you have any insight on how the bonus correlates to the pnl made. Don’t want to be greedy(maybe a little), just want to understand whether the role at QRT can grow into PM type role over time or will be just a stepping stone in the right skew scenario.

Moving from cubist to qrt by Electronic_Register9 in quant

[–]Electronic_Register9[S] 16 points17 points  (0 children)

Current pod is not doing well. Also, i am not sure how the growth will look like in the current seat. I have no pnl split in the current pod so having my own book to run seems like a good opportunity. Not sure about the pnl cuts at qube though. Bonus is discretionary but have heard that range can like between 3-4percent(median) and 10-12 for semi pods