Power Trading Hedge Fund

I am PhD student in engineering not EE with background in statistics and algorithms. I have prepared and interviewed with BBs for a quant role in securities and investment management. But I did not get an offer from BBS. I received an offer and will intern (analytics position by exploiting machine learning and statistical tools) for a small/new HF who mostly trades FTR. This FTR HF offer is a bit of surprising and I don't know a lot about power grid for now. Questions are:

  1. How is power trading/FTR compared to trading in traditional financial instrument?
  2. Is the FTR game more stable or risky compared to option/securities/FX?
  3. Is begin with a small/new FTR HF a good start for my career in quant/finance?
  4. I have been also interviewing with IT companies for data scientist and machine learning engineer role. How is ML data scientist compared to FTR quant?

Thanks!

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Best Response

How is power trading/FTR compared to trading in traditional financial instrument? very different. Get on the ISOs of the regions your firm works Is the FTR game more stable or risky compared to option/securities/FX? stable Is begin with a small/new FTR HF a good start for my career in quant/finance? maybe.. depends on you I have been also interviewing with IT companies for data scientist and machine learning engineer role. How is ML data scientist compared to FTR quant? different

 

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