Employment Contract Questions
I'm a senior graduating in May from a (non-target) state school who recently got a trader position offer from a top 3 HFT prop shop. I'm a little concerned about the employment contract because it includes a 2 year non compete. Most of the graduate programs (mfe/quant finance) I'm looking at for the future are 1-1.5 years. Should I be worried about this?
Depends on the language in the contract but most of those clauses are completely unenforcible at the junior level. Check it over with a lawyer if you're unsure, but I doubt it's anything to worry about
This is completely false. Not only is it enforceable in many jurisdictions, but any trader position is a senior position when a lot of capital is in play.
OP, I work in this space; feel free to PM me any specific questions.
i am curious what a "top 3 HFT prop shop" is or means.
Eaque rerum amet animi. Sed molestiae tenetur eos et quis ipsum. Voluptatem ratione cum debitis veritatis necessitatibus cumque maxime. Qui omnis maiores quo.
Alias qui quidem ducimus molestiae itaque. Commodi molestiae ut et aut libero dolorum autem. Incidunt doloribus non saepe dolorem nulla hic maiores.
Quam praesentium voluptates quae delectus. Ipsum tenetur amet nihil deleniti totam. Molestiae aliquam esse aperiam quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...