From electronic trading to trading technology job

Hi, I've been in S&T for the last few years (<6), mostly on the algo coverage side. While it has its moments, the skills aren't very transferable. Hence I would like to know what are some viable exit options. 

I have been approached by some trading technology vendor firms (on the lines of Virtu Triton, Instinet and Tradeweb) - would this be a step down ? (not for coding, but client related) Is this a growing segment of the industry?

Anyone who's made the switch out of S&T - where are you now/ do you regret your decision?

Thanks!

 

Based on the context, it seems like you're considering a move from Sales and Trading (S&T) to a trading technology vendor firm. While the context doesn't provide specific information about the growth of the trading technology industry, it does suggest that having programming skills and being able to work on projects and build products is beneficial in the long run.

As for whether it would be a step down, that could depend on various factors such as the specific role, the company, and your personal career goals. The context suggests that roles in financial engineering/structuring, QIS research, and becoming a quant in a bank could be considered as well.

Regarding regrets about leaving S&T, the context doesn't provide specific examples. However, it does mention the possibility of facing discouragement and challenges along the way, and the importance of keeping sight of the finish line and the potential rewards of more optionality, autonomy, and a better life.

Remember, the decision should align with your personal career goals and what you want for your future.

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

Qui ut voluptatibus perspiciatis ratione. Sequi dolores consequuntur illum et. Et adipisci ut eius. Non reiciendis velit est dolorem qui voluptas aspernatur.

Repudiandae eos error sed qui dolore. Tempore quia nihil accusamus dolores cupiditate labore eos consequatur. Sequi saepe iure animi omnis et molestiae. Repellat incidunt libero odit aspernatur.

Career Advancement Opportunities

November 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres (++) 99.1%
  • Jefferies & Company 02 98.7%
  • William Blair 12 98.3%
  • Financial Technology Partners 02 97.8%

Overall Employee Satisfaction

November 2023 Investment Banking

  • William Blair 04 99.6%
  • Lincoln International 10 99.1%
  • Moelis & Company 25 98.7%
  • Stephens Inc 11 98.3%
  • Jefferies & Company 08 97.8%

Professional Growth Opportunities

November 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres 17 99.1%
  • Jefferies & Company 02 98.7%
  • Financial Technology Partners 06 98.3%
  • UBS AG 16 97.8%

Total Avg Compensation

November 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (34) $390
  • Associates (167) $258
  • 3rd+ Year Analyst (15) $187
  • 2nd Year Analyst (106) $168
  • Intern/Summer Associate (48) $167
  • 1st Year Analyst (322) $166
  • Intern/Summer Analyst (234) $95
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

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...”