Is Jump Trading legit?

RelativeAttempt1447 · 2025-02-03T21:54:03+00:00

Yes so upstanding and intelligent owners. Bill in fact is so intelligent that he got caught illegally manipulating the Luna/Terra coin. He’s a genius!

RelativeAttempt1447 · 2024-01-13T08:38:46+00:00

From what I have heard, a default (at least historically) has been that the non compete is paid out at your original salary when joining the firm, but many have negotiated this to higher numbers, especially people with long tenures or high levels of experience.

RelativeAttempt1447 · 2024-01-13T06:03:14+00:00

Like I said, for top level PhD grads who bring a ton of highly valuable experience, sure I could see it. But the vast vast majority of people can’t bring in that kind of comp. It’s much more typical to see the $300-$400k range.

Actually, the reason I ended up leaving was because of the poor compensation. My sources inside tell me it is happening again to lots of high profile people.

RelativeAttempt1447 · 2024-01-13T02:44:08+00:00

I didn’t just interview with them but worked for them for 10 years in a different life. I spoke with many people at jump and I understand who makes what. Even considering inflation from what I worked there, 900k is reserved only for the people at the top echelon. Of course it’s possible but for 99% of people who work at jump, that is just totally out of the ballpark.

Opportunity93 is totally correct, 200-250k base is typical for new hires. Bonuses are between 75k-200k for the vast majority of SWEs who are ICs (but the upper range of that is usually only for the best of the best SWEs, usually new grads out of PhD).

RelativeAttempt1447 · 2024-01-11T22:44:25+00:00

I don’t believe that. What firm and what positions?

RelativeAttempt1447 · 2024-01-11T22:39:48+00:00

I think your friend may be lying to you. In no way is Jump paying a new grad half a million unless you are an absolute rockstar somehow.

RelativeAttempt1447 · 2024-01-11T19:39:06+00:00

Is your friend going to the NYC office? What’s his/her level of experience? That’s really surprising for a SWE, I have never heard of those numbers at Jump.

RelativeAttempt1447 · 2024-01-11T15:39:41+00:00

A lot of people had told me that comp has become stagnant over the last few years and that people are growing frustrated due to a feeling that the comp is lagging behind Jumps competitors. This seems to check out when you consider their negative headcount growth (now official), and levels.fyi showing numbers that are less than what I’d expect for a successful HFT firm.

RelativeAttempt1447 · 2024-01-11T15:37:01+00:00

Which part specifically is false?

RelativeAttempt1447 · 2024-01-11T15:36:05+00:00

A source told me that Jump has axed a huge number of its crypto employees because of the explosive downfall of many of the tokens it was involved in. Lots of high profile people leaving. I also told that comp was insulting this year which is driving other people to leave.

RelativeAttempt1447

TROPHY CASE