quant trading

Anyone on here go through the Cambridge Math Tripos Part III (which apparently now gives out a "Master of Advanced Studies in Mathematics" degree)? It seems like most people who do this program end up in math/physics grad school, but I figure there have got to be some guys who head to Wall St. Any word on perception of this course on the street? Do recruiters know about it? And if anyone has been through it, any advice on good/bad courses for quant/trader prep?

I was graduated from one of the top schools with MS in Numerical Math, during my masters I worked on developing a library of numerical methods, mostly dealing with PDEs (c/c++ and fortran). I have good knowledge of statistical analysis, worked with time series (mostly weather forecasting models). I was part-time developer of corporate software (databases/erp-systems) and eventually worked as a system integrator for a big multinational corporation(). After the graduation I tried to land a job in finance but without much success – it was 2007, investment banks only started opening offices here in Moscow, I got a couple of interviews with major IB but they didn’t hire anyone (well maybe they did but that’s what I heard). Now I want to give it a 2nd shot. As I have more financial freedom now, I’ll gladly accept even unpaid internship to make transition smoother. My ideal position would be in quant trading but here in Moscow we don’t have hedge funds, presence of IBs is very limited and the whole finance industry is not very well developed (no entry-level positions).

Hi all,

Suppose you are facing a choice of career and you have to choose among the following three (all are Quant trading):

1. Electronic options market making
2. Equities Delta One
3. High frequency FX

All of these three jobs have high frequency trading flavor and all are considered as quant trading. And you role is quant/developer for all these three positions, which one is better?

Thanks a lot!