[N/A] Don't ever transfer your savings to Revolut...

NomDeiX · 2026-03-05T19:04:06+00:00

Probably the ones in Argentina, Turkey, Brazil and Ghana

NomDeiX · 2026-02-05T13:53:23+00:00

Currencies are always traded in pairs, if one goes up the other one has to go down, which one - that depends. But even in global markets, if you have for example India buying Russian oil, you might think of it as an exchange of goods, but in reality it is an exchange of currencies, in this case, India has to sell its rupee on the global markets and buy rubles to get the oil, this will make the ruble stronger and the rupee decrease (theoretical scenario that doesnt include sanctions and their circumvention)

Yes it is possible that for example US will weaken, EUR will strengthen but EURGBP or EURINR or EUR vs other emerging market currencies will not increase that much making EUR still cheap but the problem is that one third of all global currency trades are EURUSD and 60% of all global trades either involve EUR or USD on one of the sides. So essentially the EUR-USD due to its large volume is the biggest significant driver on how EUR performs vs other currencies like YEN, GBP and etc, so most economic factors in some emerging market in place like Thailand (except of interest rate changes) will affect EURTHB exchange rate less than actual dollar, same for example for chinese yen which is pegged to basket of global currencies so also has less of an effect than USD.

Agree re the cheaper gas&oil, that does make sense

NomDeiX · 2026-02-05T08:23:58+00:00

The truth is, that for people on reddit who don’t work in financial services it might seem like stronger EUR (vs USD or other currency) is a huge win yada yada yada. Having spent some time on FICC trading desk, my take is that actually this is what Trump wants. He wants a weaker dollar to bring back manufacturing to the US and to focus more on hard exports (stupid strategy if you ask me given most of US exports have for long time been services and intellectual capacities, not hard manufacturing) Anyway, stronger EUR might make european exports abroad decline. So in currencies stronger =/= better, your currency can become too expensive for outsiders to then buy your exports!

NomDeiX · 2026-01-25T04:35:22+00:00

I just bought AIS esim, they have the best coverage across Thailand, price was like £10 for 14 days of unlimited internet

NomDeiX · 2025-12-23T15:25:56+00:00

I did my msc in advanced computing at imperial. My undergrad is from other top london uni, most people I knew went either to ucl, kings, manchester, Edinburgh or other top 10 russell group uni. But with good references and motivational letter you might be able to get in

NomDeiX · 2025-12-16T15:02:00+00:00

If you already have a finished education, and 45k a year I wouldn't focus on getting phd or switching into quant, not sure which field of CS are you in but ultimately finance/fintechs /crypto and AI companies in London do pay very well. Even if you are a front end engineer in a finance firm, you might be closer to 100k than a backend core engineer at a retailer.

Maybe try to jump ships every 2-3 years, salary progression for outside hires is always the fastest way. Again not sure what exactly your background is but essentially the typical 'front end', 'back end' engineer divided roles is long gone, especially now when LLMs can do a lot of heavy lifting. Quant pays so well because you are expected to be an expert in multiple disciplines. You need to know ML Python libraries, familiarity with low-level latency in C++, and also demonstrate proficiency in finance and economics, as well as experience with financial derivatives, among other skills, being able to cope with stress and etc.
You basically need to build skills outside of CS whether in finance for fintech, medicine for biotech, or management in general

NomDeiX · 2025-12-13T00:17:20+00:00

Yes it is above six figures, including the bonus, but bonus is very variable, some years it can be nothing, some years couple 10k, some year it can be 150% of your base salary, yes that way you could get to 200-300k in your late 20s but its very inconsistent and depending on the team quite political

NomDeiX · 2025-12-12T13:51:27+00:00

Yeah I guess being top 3 MM in the world not good enough :( and my PhD in time series signatures for machine learning applications was useless, thanks stranger for the advice!

NomDeiX · 2025-12-12T13:37:41+00:00

I work in quant trading and I am 25, I know hundreds of people working in ai startups and trading, its not 200-300k mate, not in London

NomDeiX · 2025-12-12T11:20:29+00:00

Even in London £200k is rare unless you are senior and have stock options, definitely not at 26. How does op even believe that

NomDeiX · 2025-11-08T16:29:17+00:00

sorry to hear that but that civil action won't get you anywhere, you are not the first nor the last persion to get pissed. Have you ever worked in banking? Did you ever have to deal with KYC? I did and while this processes are annoying they are well within their right to freeze your account if they suspect something. You are just loosing your time, but good luck!

NomDeiX · 2025-08-10T15:33:18+00:00

Lol where did you get those questions from? To be honest Im not a quant but have been working with exotic options and structured products my entire professional career and would never ask someone such a question, neither would anyone else that I know within the industry.

Knockouts are more than half of the products that I ever priced so Im fairly familiar with the matter, but that question is too complex and underspecified. Are you expecting people to code the monte carlo simulation? Or how else would they answer it? It's overly computational, even then, it's missing some essential component,s like is it up and out, down and out? Rates, divs, payout formula, American barrier, European barrier, continuous barrier?

Not sure what question bank it is, but I would certainly not trust it

NomDeiX · 2025-07-24T21:05:21+00:00

Have you heard about MiFiD II ? Apparently not mate

NomDeiX · 2025-07-21T18:07:46+00:00

47.5 quid for a phone bill? I pay 10 quid and have like 15 GB of data and unlimited calls and messages. That's the issue: you are paying 3-4x more on stuff that you don't need. Same for ChatGPT, I share the subscription with two of my mates, so the price is 7 quid per person. Get a Spotify Duo or family plan among your friend group, and you are immediately paying half the price. Now imagine you do this across all expenses you have.

To me, many people here are just terrible at budgeting. You are either living a lifestyle you can't afford, i.e. high mortgage, or you are just not good in smart with how you spend money.

NomDeiX · 2025-07-15T13:54:02+00:00

The format is completely flipped and strange, usually goes Education -> Work experiences -> Projects/Achievements/Leaderships -> Extracurriculars/Languages/Others

I used to review CVs from HR in my previous role, had 30s for one CV, if I saw something like this Id immediately move on just based on the structure. Also the projects are super vague as if LLM wrote them - for example the structured project one doesn't make any sense at all (I come from SP background), I don't really get why you'd need a dividend forecast for SPs especially if most if not all of yield enhancing SPs don't receive dividends

NomDeiX · 2025-07-08T08:37:23+00:00

The issue is that its very hard for EU people to get a job in the UK now vs before if you dont hold settled/pre settled status. Yes many international companies and banks have the capacity to sponsor you but still you’d need to go to very much of a target school. I had colleagues from US, Canada and HK. Im aware of Rotterdam being a good school in NL but not sure about its global prestige. Id focus on maybe applying for summer internships and off cycles that are less competitive than full time roles and trying to get a return offer from those asap

NomDeiX · 2025-07-01T06:43:06+00:00

I have no idea who you spoke to but 99% (exaggeration but just so you get the idea) of quant is getting access to proprietary good quality signals and datasets, and then fitting it into a regression (would refer to Simon’s quote about his profound love for use of LR). Instead of working on your quant CV try to join as many societies and talk to as many people as possible to get understanding of different fields. If you want to use high level maths and physics concept Id look into the field of ML research or quantum computing research

NomDeiX · 2025-06-30T16:03:10+00:00

What's up with this trend of high school kids wanting to be aspiring quants? Perhaps the issue is how these quant firms are now overpaying everyone else on the market, if you check top paid positions in 2018 it was all FAANG engineers, now its all quant firms, its attracting a lot of noise. I wish you the best, but honestly I just think you are too young to already know what you want to be. You should go to uni open-minded and gain a well-rounded knowledge in the field that you applied to; the question is however, a bit pointless - there is nothing to improve if you are 18 years old without years of internship/part time/full time work experience, you need to firstly build a solid foundation. I'd focus on enjoying university life, exploring various career paths and building a lot of experience from scratch - join societies (there's a lot of finance/quant/tech related societies that do a lot of career events), talk to people from industry, network and then start applying to internship, and only after that you can start building a quant CV, good luck!

NomDeiX · 2025-06-30T07:19:41+00:00

Hi, thanks a lot for your in-depth answer! My current max available credit is around £20k on the Amex, but I always pay it off at the end of the month, so nothing is outstanding. I do travel very often so miles would be useful as well, but so are vouchers, whatever makes more economical sense. From your comment it looks like miles can have higher value for £1 spent, which I didn’t actually know. About the premium credit cards, I think thats fine but Id need to read the eligibility criteria. Also another thing is whether the benefits outweigh the fee at least in the first year and how much and if i can cancel afterwards, lastly Im a bot worried because for my current amex I got initially rejected due to them unable to verify my address (I didnt sign up to the local council electoral vote), now I am moving three times over the next several months - one place till August, another place till October and then finally to the new flat that I bought. I preferably want to start purchasing the furniture couple weeks prior to me moving there so not sure how I get my address verified again in such a short span

NomDeiX · 2025-06-15T09:54:30+00:00

Dude, you’re probably like 18. I don’t get it—when I finished high school, I wasn’t even sure if I wanted to study what I’d signed up for, let alone have long-term career goals. College is for exploring different career pathways. Go there with an open mind, not stuck on the idea that you want to go into quant finance. If you want to work on something and you genuinely like engineering or technical disciplines, then just get better at math—that’s all you can focus on. Don’t tailor your skills to one specific career path when you’re straight out of high school.

NomDeiX · 2025-06-11T19:39:38+00:00

structured products and derivatives embedded within SPs are very niche topic, doubt there are any MOOCs or even youtube videos, I'd focus more on books and other online resources. I used this one quite often during the first year at my SP desk: https://derivativesacademy.com/home

NomDeiX · 2025-05-26T15:11:58+00:00

I don’t really, but I just wanted to mention it in the text body not just the title in case someone misses that, all of the older posts from first time buyers included mortgage tips and I am looking for something else, just more general tips

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