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A comment on Coders who trade: Wall Street designs its staff for the future. Parent comment

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.
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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.
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Re:Coders who trade: Wall Street designs its staff for the f... by throwawaygrad93 on Friday November 17, 2017 @11:38PM (#15727779)
Which ones?
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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.

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