Long time programmer in silicon valley, figuring out options in trading. Please help.
Hi guys, I'm a programmer (BS/MS - CS from average state schools).
I'm currently working in silicon valley in a big software company(Ebay/Yahoo/Oracle/Cisco/MS etc). I have reasonably good algo/programming skills.
I'm considering a move to financial services industry due to an interest in trading,lack of interest in enterprise/internet programming and also compensation.
What would be a good step to make in trading domain, given my background?
I've read about HFT programming ; it sounds interesting and relevant to my background/interests, but the recruiters I talked to in this area, were trying to place me in the general infrastructure/trading systems development (and not developing algos that trade). Is this the best place to get in?
What are my options as a "pure programmer without any finance/trading background" to get my foot in the industry? Just wanted to get an idea of the various roles/place I could get in. Any help would be appreciated.
Currently based on my research online, I have found these options: 1) HFT programming (developing trading systems/infrastructure that power the trades) 2) Quant dev (code the math models). Not sure about this. And finally which would be a good place to start? - prop trading firm or hedge fund or BB's trading division?
two sigma would be your best bet
Thanks melvvvar. What sort of positions would be the best for some one of my background. By best I mean, as close as to the trading action possible.
in any shop like that you need to put in your dues for 1-3 years as a developer, and if you are good, eventually they move you into a trading role.
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