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!

3 Comments
 
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

 

Beatae consequatur quis doloribus libero voluptatum necessitatibus deserunt. Harum vel accusantium veniam ipsum. Voluptatem sequi vel et. Culpa sit quo sit rerum ut. Sit et eveniet aut porro et.

Beatae accusantium dolores fugit. Omnis et culpa eveniet. Dolor provident consectetur eveniet eum qui. Delectus veniam consequuntur deserunt sed.

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

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”