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Re:Coders who trade: Wall Street designs its staff for the f... by throwawaygrad93 on Friday November 17, 2017 @09:57PM (#15727553)
I'm a senior at an HYPSM school, currently looking at offers from one of {Google, FB} and one of {Jane Street, Old Mission, Five Rings, HRT, Virtu}.

The offers are about the same at about 200-250k depending on bonus and stock performance -- the big tech company upped their stock grant to meet the expected bonus at the trading company. It's not obvious to me which one will be more in a few years, and it seems like hours in tech are better. Can anyone weigh in?

Re:Coders who trade: Wall Street designs its staff for the f... by throwawayhypsm on Friday November 17, 2017 @10:29PM (#15727618)
It may be close for the first year or so due to the signing bonus, but 3-4 years in if you're performing at the expected level at a trading firm you should be making double the 200-250k number, and I doubt the tech firms match that kind of compensation (at least for most people).

Another factor you may wanna consider is the opportunity cost -- how hard would it be for you to work at GOOG/FB if the trading firm job doesn't work out? And vice versa?

Re:Coders who trade: Wall Street designs its staff for the f... by wbl on Friday November 17, 2017 @10:21PM (#15727602)
Face the market you work market hours. Tech doesn't have that limit. Both are cyclic, but FB is probably here to stay. Finance can be very dynamic: think LTCM.
Re:Coders who trade: Wall Street designs its staff for the f... by throrwawayquant on Friday November 17, 2017 @10:38PM (#15727637)
At least two of the financial firms on OP's list are known for working you more than market hours, the average is well into the 60+ hours per week.
Re:Coders who trade: Wall Street designs its staff for the f... by throwawaygrad93 on Friday November 17, 2017 @11:38PM (#15727779)
Which ones?
Re:Coders who trade: Wall Street designs its staff for the f... by throwaway_hft on Saturday November 18, 2017 @11:46AM (#15729674)
A friend works at Virtu and 60 hour weeks are the norm if not more. They're very aggressive wrt managing headcount. Pay is great in absolute terms but pretty low as a % of revenue.

Doesn't mean it's a bad place to work. I have a ton of respect for the business they've built. Their discipline on costs is saving their asses in historically slow market conditions while many competitors are merging or shutting down.