SERVING THE QUANTITATIVE FINANCE COMMUNITY

 
Panzer
Topic Author
Posts: 10
Joined: June 24th, 2018, 9:24 am

Netherlands or Switzerland for a prospective Quant/Trader?

July 7th, 2018, 4:12 pm

Hello everyone! I'm searching for info about the job market in those 2 countries. I'm interested in HFT, prop trading/market making and commodity trading.

Any thoughts or advice?
 
User avatar
LocalVolatility
Posts: 127
Joined: May 27th, 2009, 10:07 am
Location: Amsterdam
Contact:

Re: Netherlands or Switzerland for a prospective Quant/Trader?

July 9th, 2018, 9:58 am

Your question is quite broad / open-ended. I am not as familiar with Switzerland but in the Netherlands there are number of big electronic trading firms/market makers, e.g. Flow Traders, IMC, Optiver and Tower Research, as well as a few smaller shops, e.g. 323 Trading, All Options. There is also a special tax ruling for expats: https://www.iamsterdam.com/en/living/take-care-of-official-matters/highly-skilled-migrants/thirty-percent-ruling.
 
Panzer
Topic Author
Posts: 10
Joined: June 24th, 2018, 9:24 am

Re: Netherlands or Switzerland for a prospective Quant/Trader?

July 9th, 2018, 9:02 pm

Thank you for the reply!!!
Some supplemental questions:

1. Are there any HFs in Netherlands or the country specialises in prop trading/market making and HFT?
2. The country is very open to english only speakers. I have heard that you dont really have to know excellent dutch to find a work in Netherlands. Is that true?
3. What about the skills required for a quant role? Programming, Statistics, Big Data, or all the previous? As for the unis (i consider doing a MSc when i finish with my BSc), should i focus on the ones that are located in Randstand (and especially in Amsterdam and Rotterdam) or it doesnt matter?

Sorry for all those questions. They are the last ones...
 
User avatar
LocalVolatility
Posts: 127
Joined: May 27th, 2009, 10:07 am
Location: Amsterdam
Contact:

Re: Netherlands or Switzerland for a prospective Quant/Trader?

July 10th, 2018, 7:09 am

1. There are a few hedge funds and proprietary non-market makers in the Netherlands as well. The globally significant players tend to be in the market making space however.

2. I can only speak for Amsterdam. There is no need to speak any Dutch in daily life, though it is certainly an advantage to pick up some basics. No matter where you go - e.g. supermarket, ... people will at least understand English. One contributing factor is that the movies aren't dubbed.

3. This really depends on the type of role and the company. Except for some smaller places that explicitly try to recruit locally, studying in the Netherlands is not an advantage in the application process.
 
Panzer
Topic Author
Posts: 10
Joined: June 24th, 2018, 9:24 am

Re: Netherlands or Switzerland for a prospective Quant/Trader?

July 10th, 2018, 9:27 am

One last question: The center of operations is Amsterdam, Rotterdam or somewhere else?
Thank you in advance!!!
 
User avatar
LocalVolatility
Posts: 127
Joined: May 27th, 2009, 10:07 am
Location: Amsterdam
Contact:

Re: Netherlands or Switzerland for a prospective Quant/Trader?

July 10th, 2018, 9:34 am

A quick Google search on the names that I listed above would have revealed that they are all in Amsterdam.
ABOUT WILMOTT

PW by JB

Wilmott.com has been "Serving the Quantitative Finance Community" since 2001. Continued...


JOBS BOARD

JOBS BOARD

Looking for a quant job, risk, algo trading,...? Browse jobs here...