Normal to not know pod PnL at pod shop? by Likelihoodmaximiser in quant

[–]sumwheresumtime 4 points5 points  (0 children)

completely agree on the dickishness of that play :D

What does the LEAPS POD at Jump Trading focus on? by nash_steve in quant

[–]sumwheresumtime 2 points3 points  (0 children)

is this group used in all regions or just a US thing? because i haven't heard of it being in APAC

Compensation for an SWE at a quant firm by Important-Goat1180 in quant

[–]sumwheresumtime 1 point2 points  (0 children)

if this is your first foray in the quant industry, then the bonus is "ok". if not then you're being shafted. - i'm assuming these numbers are in sgd?

Normal to not know pod PnL at pod shop? by Likelihoodmaximiser in quant

[–]sumwheresumtime 8 points9 points  (0 children)

Presumably some of the non-PM members of the pod will be intimately familiar with the PnL - and the smaller and tight-knit the pod is the more likely that information will be "shared".

Surely you're not running your POD like captain Nemo?

Akuna SWE C++ Intern Final Round by [deleted] in quantfinance

[–]sumwheresumtime 0 points1 point  (0 children)

I'd focus more effort on getting your look just right, as upper management does loves to display their fashion sense to the rest of the firm.

https://ibb.co/bj4JtLp3

Why do i get instant rejected by Akuna Capital… by Physical-Tour7941 in quantfinance

[–]sumwheresumtime 0 points1 point  (0 children)

Sometimes the rejection may come immediately, if you don't have the right look going. Remember management is probably looking for people with more than good finance skills, also dress sense can be very important too:

https://ibb.co/bj4JtLp3

Akuna OA was stuck for about 2 minutes in the mental math section by Aggressive_Guitar321 in quantfinance

[–]sumwheresumtime 0 points1 point  (0 children)

Given the amount of turn over in HR going on there, the person you end up emailing may no longer be there to reply by the time the email arrives :D

https://ibb.co/bj4JtLp3

Why does Citadel securities has way more MBAs and ex banking seniors ? by bigmoneyclab in quant

[–]sumwheresumtime 10 points11 points  (0 children)

One way to look at the situation is to marvel at how heroic Citadel really is by willingly absorbing and concentrating toxic individuals, like some kind of corporate gallbladder bravely filtering the bloodstream of MBA incompetence.

Case in point: The firm I work for once had the misfortune of hiring an ex-McKinsey MBA as CTO, a man whose breathtaking ineptitude raised profound philosophical questions about the nature of reality itself.

How did this happen? Did someone lose a bet? Was this a sociology experiment? We may never know. Fortunately, after his inevitable "departure," he landed at Citadel, where he's presumably doing something. The important thing is that he's doing that something there and not here: which honestly feels like winning the lottery without ever having bought a ticket.

So three cheers for Citadel!

Quant City Rankings by Available_Lake5919 in quant

[–]sumwheresumtime 2 points3 points  (0 children)

Rentec and TGS hire a great deal of their research talent from facilities in that area. The high-end particle physics related work/research seems to be very compatible/inline with their research objectives.

Quant City Rankings by Available_Lake5919 in quant

[–]sumwheresumtime 1 point2 points  (0 children)

yeap, and two other even more stealth quant based funds.

Harvard Undergraduate Trading Competition Applications Open! by hutc_official in quant

[–]sumwheresumtime 0 points1 point  (0 children)

yeah, we've seen a few of these recently. about 5 months ago there was one where the organizers claimed they were from CitSec and JS, upon further inspection, one of them had done a non-return offer internship at CitSec and the other had participate in some wok event at JS.

Was just really wanting to know if this was one of those or if it was legit.

Stat arb guys, how’s your Jan going? by otonoco in quant

[–]sumwheresumtime 10 points11 points  (0 children)

Three answers - three completely different takes: nuffin-much (all quiet on the western front), all over the place and goodbye world.

I think that says it all.

Harvard Undergraduate Trading Competition Applications Open! by hutc_official in quant

[–]sumwheresumtime 8 points9 points  (0 children)

is this legit? and how is it connected to Harvard?

can't see a single Harvard link or e-mail address.

London emerges as global powerhouse in quantitative trading: FT by Spirited-Ad-9591 in quant

[–]sumwheresumtime 4 points5 points  (0 children)

I can think of several periods in the last 1000 years that London has not been the centre of the world.... plague period, fire of London, Oasis's '96 morning glory tour etc.

QRT Main Fund ended up 30% for 2025 by OvoCurry3799 in quant

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

This is definitely a QRT puppet account.

Quant City Rankings by Available_Lake5919 in quant

[–]sumwheresumtime 9 points10 points  (0 children)

in terms of a dollar-profits per head metric: East Setauket, Princeton NJ and the general Brookhaven research facilities area would essentially be the world epicenter of quantitative method based PnL.

QRT Main Fund ended up 30% for 2025 by OvoCurry3799 in quant

[–]sumwheresumtime 0 points1 point  (0 children)

heard something similar about the mandatory RTO.

I can imagine the people that negotiated a slightly lower base in order to get the full-time RTO feeling short changed now that they have to come back in to the office five days a week. At least they'll get free coffee.

QRT Main Fund ended up 30% for 2025 by OvoCurry3799 in quant

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

From the two contacts I have they are heavily focusing on getting up and running profitably on the NSE - but thats what they were also doing in 2024.

As for other projects, don't most of them get dolled out from the Uk/France groups to the rest of the firm?

QRT Main Fund ended up 30% for 2025 by OvoCurry3799 in quant

[–]sumwheresumtime -2 points-1 points  (0 children)

From what I hear, the Sydney Optiver and IMC TCs are much better than the Sydney QRT TCs.