Prop Shop Exits / Non-Compete

Hi everyone,I received an offer to work at a prop trading firm (think IMC, Flow, Akuna, etc.). All the offers I received have non-competes for around a year, and I was wondering if any of you have left a prop shop for another prop shop or HF? Was wondering if in 5 years if I want to exit to a Quant HF or different prop shop if theyll pay out of your non-compete or if you actually have to take a year off from trading? Looking to potentially move into fund like Citadel, 2Sigma, AQR, etc. or potentially other prop firms and don't really want to be out of the market for a year.Thx

1 Comments
 

Esse dolorem dolor repellat. Repudiandae dicta enim dolorum suscipit. Et excepturi omnis perspiciatis ea debitis ratione vitae.

Et tenetur ipsam sapiente quia dolorum similique. Delectus dolorum est perspiciatis eos.

Voluptatibus dolores blanditiis repellat rerum consequuntur. Cum animi deserunt sed molestiae reiciendis vitae. Cumque omnis possimus est earum. Eum quia ut at minus corrupti et repellat. Magni necessitatibus odit amet.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”