SERVING THE QUANTITATIVE FINANCE COMMUNITY

Search found 14 matches

by ithousekeeper
May 23rd, 2013, 4:29 am
Forum: Careers Forum
Topic: Full Time Salary to Contracting Rate
Replies: 11
Views: 10297

Full Time Salary to Contracting Rate

<t>I've done some searching over the web on this, but really couldn't find anything that fully answers my questions.Since the question pertains to a finance job, I am hoping this question could be answered here.I am currently working in front office IT for a bank at 150K a year. In past years includ...
by ithousekeeper
March 20th, 2012, 12:20 am
Forum: Careers Forum
Topic: Should/could I move in to finance?
Replies: 46
Views: 18402

Should/could I move in to finance?

<t>QuoteOriginally posted by: SierpinskyJanitorFair enough capafan2 apologies for my disgruntled reply as well but do avoid those far-fetched generalizations. As a very enthusiastic IT amateur that I am, must tell you that some banks do have mouthwatering technology, absolutely miraculous systems wh...
by ithousekeeper
December 1st, 2011, 1:06 am
Forum: Careers Forum
Topic: Best programming language for quant/High Freq?
Replies: 24
Views: 21286

Best programming language for quant/High Freq?

<t>QuoteOriginally posted by: katastrofa"Some HFT is done in Java but frankly not much and even where the people running the team ask for Java (rarely) they ask for C++ to prove you're "deep" and because they realise that hard programming will be necessary when Java gets pushed far beyond what it is...
by ithousekeeper
October 19th, 2011, 11:17 pm
Forum: Careers Forum
Topic: QUANT FINANCE IS DEAD
Replies: 54
Views: 30227

QUANT FINANCE IS DEAD

Where I work...the bank's focus is on streamlining and automation now.Even the quants are doing IT type work.
by ithousekeeper
June 10th, 2011, 12:01 am
Forum: General Forum
Topic: High Frequency Trading - Saturated?
Replies: 0
Views: 18922

High Frequency Trading - Saturated?

<r>Sorry...I posted this in the wrong forum:<URL url="http://www.highfrequencytraders.com/article/798/ultrahighspeed-trading-us-saturation-point-says-tabb"><LINK_TEXT text="http://www.highfrequencytraders.com/art ... -says-tabb">http://www.highfrequencytraders.com/article/798/ultrahighspeed-trading-...
by ithousekeeper
June 9th, 2011, 11:52 pm
Forum: Economics Forum
Topic: High Frequency Trading - Saturated?
Replies: 3
Views: 32188

High Frequency Trading - Saturated?

<r><URL url="http://www.highfrequencytraders.com/article/798/ultrahighspeed-trading-us-saturation-point-says-tabb"><LINK_TEXT text="http://www.highfrequencytraders.com/art ... -says-tabb">http://www.highfrequencytraders.com/article/798/ultrahighspeed-trading-us-saturation-point-says-tabb</LINK_TEXT>...
by ithousekeeper
June 6th, 2011, 10:48 pm
Forum: Careers Forum
Topic: Low Latency C++
Replies: 15
Views: 22777

Low Latency C++

Maybe have a look at lock-free algorithms.I haven't done this (yet), but I know a technologist who developed high frequency / program trading systems - he mentioned this as part of his expertise.
by ithousekeeper
May 31st, 2011, 10:13 pm
Forum: Careers Forum
Topic: I know the relative pay of PhD quants in London, Paris, Switzerland and Italy
Replies: 26
Views: 33378

I know the relative pay of PhD quants in London, Paris, Switzerland and Italy

<t>QuoteOriginally posted by: capafan2QuoteOriginally posted by: ithousekeeperWoah...really not that MUCH different from I.T. salaries and bonuses?! Some people here on the forums and elsewhere have been telling me about this, but I didn't really believe it!I wonder if there is a bigger difference w...
by ithousekeeper
May 31st, 2011, 8:47 pm
Forum: Careers Forum
Topic: I know the relative pay of PhD quants in London, Paris, Switzerland and Italy
Replies: 26
Views: 33378

I know the relative pay of PhD quants in London, Paris, Switzerland and Italy

Woah...really not that MUCH different from I.T. salaries and bonuses?! Some people here on the forums and elsewhere have been telling me about this, but I didn't really believe it!I wonder if there is a bigger difference with the U.S. salaries?
by ithousekeeper
May 31st, 2011, 8:41 pm
Forum: Careers Forum
Topic: caucasians in CMU MSCF
Replies: 71
Views: 25133

caucasians in CMU MSCF

Alot of them want to do trading with their degree. Do you really need a MFE / MSCF to do this nowadays?Another surprising thing...some of these folks already have a Phd. Why are they doing this program?
by ithousekeeper
May 1st, 2011, 9:38 pm
Forum: Careers Forum
Topic: Back Office to Front Office
Replies: 21
Views: 80144

Back Office to Front Office

<t>I know someone who started off at front office as a trader, but chose to move to back office -> technology and operations.I asked him why he would move from front office to back office, since most people want to go the other way. He answered frankly...that he hated the attitudes and actually foun...
by ithousekeeper
April 17th, 2011, 8:48 pm
Forum: Student Forum
Topic: At-the-money Vols. Why?
Replies: 1
Views: 19627

At-the-money Vols. Why?

<t>Our system constructs a volatility surface using ATM caplet and swaption vols. At the end of the trading day, our system also saves the closing ATM caplet and swaption vols for risk processing.Can someone tell me why ATM vols are important? Who do traders not care so much about out-of-the money v...
by ithousekeeper
March 6th, 2011, 10:59 pm
Forum: Careers Forum
Topic: Compensation: Dev. position in technology firm v/s Technology position in a financial firm
Replies: 19
Views: 22745

Compensation: Dev. position in technology firm v/s Technology position in a financial firm

<t>QuoteOriginally posted by: mrmisterNothing makes your life more miserable than moving from actual technology firms on the west coast to finance IT, be it "front-office" or "back-office". Now, we will wait to hear from twofish about why it is glorious and spectacular to be a code monkey in finance...
by ithousekeeper
March 31st, 2009, 10:26 am
Forum: Careers Forum
Topic: CQF for Independent / Consultants?
Replies: 4
Views: 42809

CQF for Independent / Consultants?

<t>I'm looking for advice on taking the CQF for independents / consultants.I have 9 years experience in developing Java software / systems and technology. Seven of those nine years have been working at information technology (IT) in banks. Currently, I'm working in front office technology in one of ...
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