<r>With Citi, I think the bleeding has stopped. For a while, they were just trying to survive, but now, they seem to be on the offensive. Also, their future prospects are good because they are well positioned in the emerging markets, perhaps more so than any other major bank. In some ways, the world...

<t>QuoteOriginally posted by: sagrFrom a purely financial/short-term perspective, which of these two offers is more lucrative ? This is for an entry-level position for someone just out of grad school (phd). Are these average/above/below market rates ? (i) 135K base + 100K targeted bonus(ii) 145K bas...

Fixed income is pretty broad. What other asset classes do you want to try? Equities? It is pretty easy to move from fixed income to equities but not vice versa. The math and concepts tend to be harder in fixed income, so there is more of a learning curve.

<t>For the most part, you are probably right. However, I do slightly disagree with you on one point. Data sets are becoming so large that people cannot comprehend them anymore. When this is the case, computers can do a better job finding patterns than humans. One good example is bioinformatics. Bioi...

<t>I was responding to twofishes comment.QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: musterseedYeah, I am on the verge of making VP. I think it should happen this year or next. And what benefits do you get from being relabelled a "VP"? Do you get a big raise? If not, there is li...

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: musterseedI guess the key measure is the sharp ratio: [average return]/[variance]. I am pretty sure that the numerator will be big. I don't know about the denominator though. dude, keep in mind these are STATISTICS. your monthly ret...

<t>My PhD is in statistical physics. Actually, I am really drawn to information theory. I am one of these physicists who believes that the grand unified theory of the universe will be a theory about information.The algorithmic trading strategy I am currently developing is one of the most intellectua...

<t>Yeah, I am on the verge of making VP. I think it should happen this year or next. I like my job, and I especially like the people I work with, so I am definitely willing to stay another year. But I am starting to feel limited. I want to fly higher ....It is not that I want to start over with sala...

<t>QuoteOriginally posted by: ThinkDifferentDominic probably got confused by the thread title thinking you quoted your pay assuming 3 years experience.1st year quant strategiest at GS London gets paid about 65-70K GBP base, bonus is around 85-100%. This gives around 200K usd total comp. So I dont se...

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: musterseed I am interested in quantitative trading strategies in general. The strategy I am developing involves executing trades over months. In fact, I can only trade my own money over 1-month timescales. My bank requires a 15 day ...

<t>1) I don't think you need to wait for another year before moving. Since you've already spent 6 months of this year, I wouldn't leave before taking the year end bonus. Any other group that you join at this time will prorate your annual bonus by the amount of time you spend with them this year. Whe...

<t>For a 1st year quant, $120,000 base plus $50,000 bonus is not good? There are 1st year quants earning much more than $170,000? Wow.Our group has its own PnL, and we get paid out of this PnL. However, the PnL is not large, so the bonus pool is not large. My bonus was actually one of the largest am...

<t>Hi:I am a PhD in physics who has been working 1.5 years at a bulge bracket bank (think BA, Citi, or UBS). This is my first job in quantitative finance. Here are some details:PhD: Theoretical physics, top 5 school in U.S.Awards/honors: Many, including NSF and DOE graduate student fellowships.Job t...

<r>I did as you suggested. I downloaded HTTP Analyzer and looked at the post when I login to http://vse.marketwatch.com.I'm having some problems. Perhaps you can help me debug. You seem to know far more about this than me.Here is the header for the post associated with the login to my VSE account:(R...

<r>QuoteOriginally posted by: HansiQuoteOriginally posted by: musterseedQuoteOriginally posted by: HansiAny broker account should allow you to do this, Interactive Brokers have a decent API as an example that will work with any trigger generating platform and they offer a demo backtesting account to...