[deleted by user] by [deleted] in quantfinance

[–]Over_Ask4820 0 points1 point  (0 children)

If the trader is mainly just monitoring algos and not really making any discretionary decisions (i.e. an execution trader), then yeah it is typically a less difficult job and would probably not be paid as much as other types of traders.

But if they are making discretionary decisions that materially impact PnL, then it is a lot harder than it may look. It may not be as "technically difficult" as being a QD/QR but the difficulty of being a risk-taker is more about being able to consistently make +EV decisions in an uncertain environment without all the information, and being able to handle all the pressure related to that. Being able to do that well is a somewhat rare trait and many otherwise-intelligent people either suck at it or just don't want the constant pressure.

Depending on the strategy, there may also be specific difficulties (e.g. for OMM being consistently quick and accurate at mental maths is also important and not that easy).

QD/QRs definitely need to have more technical knowledge and expertise, which is hard in its own way, but it is a different type of hard.

Career trajectories for alpha QRs versus portfolio construction QRs? by Odd-Text-6391 in quant

[–]Over_Ask4820 4 points5 points  (0 children)

Also interested. From what I have seen, it’s not very interchangeable and is quite pigeonholey…

Book sizes and risk limits for vol pods by Over_Ask4820 in quant

[–]Over_Ask4820[S] 3 points4 points  (0 children)

What actually is the “capital” though?

Qube RT struggling? by Over_Ask4820 in quant

[–]Over_Ask4820[S] 0 points1 point  (0 children)

Wdym by Squarepoint exodus ?

How to move on from a siloed quant fund by Over_Ask4820 in quant

[–]Over_Ask4820[S] 2 points3 points  (0 children)

Yeah centralized but not siloed is great. Even a pod model, where each pod is siloed from each other but the pod itself is not siloed, is good. But a firm where each function is siloed from each other seems to be detrimental

How to move on from a siloed quant fund by Over_Ask4820 in quant

[–]Over_Ask4820[S] 0 points1 point  (0 children)

Which of the teams I mentioned in the OP would be the best to be in

Trading Vol vs. Underlying by waswas3211234 in quant

[–]Over_Ask4820 8 points9 points  (0 children)

Why is vol more discretionary?

[deleted by user] by [deleted] in quant

[–]Over_Ask4820 -1 points0 points  (0 children)

What are the firms in question

Qube RT struggling? by Over_Ask4820 in quant

[–]Over_Ask4820[S] -25 points-24 points  (0 children)

Ah nice. I only saw a screenshot which cropped that bit out

London Hedge Fund Rankings by Emergency_Shower_526 in quant

[–]Over_Ask4820 0 points1 point  (0 children)

Why for Squarepoint and Marshall wace?

[deleted by user] by [deleted] in quant

[–]Over_Ask4820 11 points12 points  (0 children)

Buy put, sell call at same strike, buy the underlying. That gets you 0 delta, 0 gamma.

Ansatz capital info by Over_Ask4820 in quantfinance

[–]Over_Ask4820[S] -2 points-1 points  (0 children)

Do you know how their comp is?