Re:What the interns have wrought, 2020 edition
by Aunche on Tuesday August 25, 2020 @02:11PM
(#24274229)
What is the workload like at HFT companies? My acquaintances who have worked for them all dropped out because they were working 70 hour weeks, so hourly after-tax, they were actually doing worse than what they would make at a FANG. None of them are super-geniuses though, so I'm wondering if the ones who stay have more reasonable work hours.
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Re:What the interns have wrought, 2020 edition
by fractionalhare on Tuesday August 25, 2020 @02:18PM
(#24274290)
It depends. None of the people I know at Jane Street work more than ~45 hours a week. I know a few people (mostly on the younger side) who grind out 60 hour weeks at Citadel Securities.
I think you'd find that, across the universe of technology-driven trading firms, work life balance is worse than tech on average. But you'd also see pretty high variance, which skews the mean quite a bit. Some firms are basically like top tech in terms of work life balance; others not so much.