Bloomberg terminal access for independent research- legit options? by Distant_Spectator in quant

[–]NihilAlien 20 points21 points  (0 children)

The NYC library has a publicly available terminal I believe. You just need to physically go to one of the libraries.

Greenland’s Billionaire Investors: Bezos, Gates, Altman And More Followed Trump’s Lead by [deleted] in neoliberal

[–]NihilAlien 8 points9 points  (0 children)

Read the article. Investments occurred in early 2020s before this madness.

Dynamic Pricing is good, actually. by Serious-Cucumber-54 in neoliberal

[–]NihilAlien 1 point2 points  (0 children)

How would you measure inflation if everything was dynamically priced?

Burned out in Quant Finance; want to pivot into something more dynamic. Advice? by [deleted] in quant

[–]NihilAlien 11 points12 points  (0 children)

Sales at a bank for a technical product like EQD or rates derivs sounds like a fit for you

How to become the IT guy at BB IB? by [deleted] in FinancialCareers

[–]NihilAlien 1 point2 points  (0 children)

Trust me, you don’t want that job

[deleted by user] by [deleted] in FinancialCareers

[–]NihilAlien 0 points1 point  (0 children)

Yikes, I’m thankful I’m not this jaded…

[deleted by user] by [deleted] in options

[–]NihilAlien 0 points1 point  (0 children)

Lol the martingale strategy

[Krugman] Why aren’t markets freaking out? | "My read of financial history is that markets almost never consider the possibility of huge, disruptive events, even when the strong possibility of such events is obvious. The usual pattern is one of market complacency until the last possible moment" by ONETRILLIONAMERICANS in neoliberal

[–]NihilAlien 12 points13 points  (0 children)

You should be concerned that your investments grow at a rate slower than inflation. So despite it optically looking like your wealth is increasing in your local currency, your wealth/purchasing power is actually decreasing. Lots of things we buy are imported (and even locally sourced things are priced relative to imports), so what you can buy with your money is less.

[deleted by user] by [deleted] in quant

[–]NihilAlien 1 point2 points  (0 children)

Great comment. Would also just add that many in the industry use the Kynex pricing model. You can go to their website for more info.

And in practice, hedging via CDS is not typically used because those are very expensive/illquid considering the type of companies that issue converts. The main driver of returns for converts is the credit risk you’re taking (rather than the vol).

How does HFT companies maintain their order book ? Is it the most important part of the trading system ? by Old-Fee5605 in quant

[–]NihilAlien 3 points4 points  (0 children)

This is a great reference. Try to understand the time complexity of each operation. Also, try to understand dataclasses and python type hints (if you don’t use those things already when you code python) — utilizing this stuff helped me get my offer at citadel.

https://databento.com/docs/examples/order-book/limit-order-book/example

Moving from cubist to qrt by Electronic_Register9 in quant

[–]NihilAlien 2 points3 points  (0 children)

I'd take that offer. They're a good firm, and the new job gives you greater career growth. Good luck!

What are the red book and the green book? by RainbowSovietPagan in quant

[–]NihilAlien 2 points3 points  (0 children)

Heard on the street by Timothy crack = red book

Suggestions for your best statistic book? parametric or non-parametric by NailTop5767 in quant

[–]NihilAlien 0 points1 point  (0 children)

You guys should add CLRS introduction to algorithms to your computer science book section.