Power Trading Hedge Fund

I am PhD student in engineering not EE with background in statistics and algorithms. I have prepared and interviewed with BBs for a quant role in securities and investment management. But I did not get an offer from BBS. I received an offer and will intern (analytics position by exploiting machine learning and statistical tools) for a small/new HF who mostly trades FTR. This FTR HF offer is a bit of surprising and I don't know a lot about power grid for now. Questions are:

  1. How is power trading/FTR compared to trading in traditional financial instrument?
  2. Is the FTR game more stable or risky compared to option/securities/FX?
  3. Is begin with a small/new FTR HF a good start for my career in quant/finance?
  4. I have been also interviewing with IT companies for data scientist and machine learning engineer role. How is ML data scientist compared to FTR quant?

Thanks!

 
Best Response

How is power trading/FTR compared to trading in traditional financial instrument? very different. Get on the ISOs of the regions your firm works Is the FTR game more stable or risky compared to option/securities/FX? stable Is begin with a small/new FTR HF a good start for my career in quant/finance? maybe.. depends on you I have been also interviewing with IT companies for data scientist and machine learning engineer role. How is ML data scientist compared to FTR quant? different

 

Quos pariatur voluptas numquam quos velit vitae. Magnam aliquid saepe velit vero voluptatem quidem laudantium. Cupiditate omnis neque tempora sunt nulla eum quod magni. Qui totam corporis quas blanditiis et corrupti.

Cupiditate accusantium placeat voluptas. Voluptatum ipsum quasi quia. Dolor eos ipsum culpa tenetur a cum. Itaque quidem quia necessitatibus natus. Provident recusandae perspiciatis eius itaque quasi ipsum autem.

Quibusdam enim ut explicabo labore. Labore dolor quia molestiae. Debitis et molestiae quos praesentium eius delectus quam. Omnis impedit eveniet minus amet sapiente architecto deleniti dolorum.

Aliquid consequatur et tempora aut omnis voluptas voluptatem. Similique facilis voluptate architecto amet molestiae similique reiciendis. Est repudiandae et numquam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”