Fun fact: Jane Street, Citadel and other HFT firms pay exorbitantly. You can see the base salary ($200-300k) posted public here: https://www.janestreet.com/join-jane-street/position/4274288... Even interns make $120/hr: https://www.levels.fyi/internships/
How to Build an Exchange (2017)
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Re: How to Build an Exchange (2017)
#12Fun fact: Jane Street, Citadel and other HFT firms pay exorbitantly. You can see the base salary ($200-300k) posted public here: https://www.janestreet.com/join-jane-street/position/4274288... Even interns make $120/hr: https://www.levels.fyi/internships/
Gotta have a PhD in pure math though. That shit is bananas.
Re: How to Build an Exchange (2017)
#13Fun fact: Jane Street, Citadel and other HFT firms pay exorbitantly. You can see the base salary ($200-300k) posted public here: https://www.janestreet.com/join-jane-street/position/4274288... Even interns make $120/hr: https://www.levels.fyi/internships/
They do pay extremely well, but are also very selective. The kind of talent they are looking for can earn similar salaries at large tech companies like Google ($400K-500K TC is pretty common at staff+ levels).
Re: How to Build an Exchange (2017)
#14Fun fact: Jane Street, Citadel and other HFT firms pay exorbitantly. You can see the base salary ($200-300k) posted public here: https://www.janestreet.com/join-jane-street/position/4274288... Even interns make $120/hr: https://www.levels.fyi/internships/
Have family working there. You can get past 300K fairly easily once you factor in signing bonus, annual bonus, and "extras". They pay VERY VERY well indeed.
Re: How to Build an Exchange (2017)
#15Earlier quoted context omitted.
They do pay extremely well, but are also very selective. The kind of talent they are looking for can earn similar salaries at large tech companies like Google ($400K-500K TC is pretty common at staff+ levels).
One difference is Google, etc are all doing massive layoffs and i doubt JS, Citadel, etc will do this.
Re: How to Build an Exchange (2017)
#16Earlier quoted context omitted.
They do pay extremely well, but are also very selective. The kind of talent they are looking for can earn similar salaries at large tech companies like Google ($400K-500K TC is pretty common at staff+ levels).
One difference is Google, etc are all doing massive layoffs and i doubt JS, Citadel, etc will do this.
Re: How to Build an Exchange (2017)
#17Earlier quoted context omitted.
They do pay extremely well, but are also very selective. The kind of talent they are looking for can earn similar salaries at large tech companies like Google ($400K-500K TC is pretty common at staff+ levels).
One difference is Google, etc are all doing massive layoffs and i doubt JS, Citadel, etc will do this.
HFT companies also have much higher performance bars and rates of overwork/burnout. I'm willing to bet that people are leaving Jane Street, Citadel etc. (whether voluntarily or not) at much higher rates than large tech companies like Google.
Re: How to Build an Exchange (2017)
#18Fun fact: Jane Street, Citadel and other HFT firms pay exorbitantly. You can see the base salary ($200-300k) posted public here: https://www.janestreet.com/join-jane-street/position/4274288... Even interns make $120/hr: https://www.levels.fyi/internships/
Those are low numbers compared to the smaller prop shops that routinely pay 1MM+. Gotta have a PhD in pure math though. That shit is bananas.
Re: How to Build an Exchange (2017)
#19Earlier quoted context omitted.
They do pay extremely well, but are also very selective. The kind of talent they are looking for can earn similar salaries at large tech companies like Google ($400K-500K TC is pretty common at staff+ levels).
One difference is Google, etc are all doing massive layoffs and i doubt JS, Citadel, etc will do this.
The other FAANGs are definitely laying people off, though. I personally think the recession is a self-fulfilling prophecy, but regardless of my take on the fundamentals, it is certainly fulfilling itself and everyone in tech should be pretty worried right now. This is not the year when you're going to increase your salary by jumping to a cool startup as employee #3.
Re: How to Build an Exchange (2017)
#20Earlier quoted context omitted.
One difference is Google, etc are all doing massive layoffs and i doubt JS, Citadel, etc will do this.
Really? Isn't FinTech getting hit harder than just about any other industry right now?
" Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. "
This is NOT what people like CIT, JS, etc. do.
So maybe FinTech is being hit very hard, but from what i hear Cit, JS are doing just fine (no real layoffs).