quant trading (equities)
Hi all, I am currently rotating at different desks at a BB in London as a part of the FT program, and looking at possible options for permanent placement.
One desk I am considering is the quant trading desk in equities. They do backtesting and algos - a mix of agency trades as well as prop. Ideally, I would love to start with FX trading, but they just don't have the headcount now.
So my questions are: 1. How does quant trading compare to traditional trading in terms of money? I know it depends on the P&L and your luck, but as a generalisation, is it a good opportunity?
If I start with this desk, will it be possible to break into FX after a couple of years?
What are the possible exit options?
considering that equities is said to be a declining business with shrinking P&Ls, is it a good idea to enter now or should I keep exploring other opportunities?
As I already have the FT offer, I don't have to rush into a decision, but just want to make the right choice as I begin in the industry.
cheers, S.
Interesting question. I also want to know what the more quantitative trading desks are (maths skills etc) vs less quantitative desks are. I have heard Fixed Income and Derivatives are the most quantitative but can someone verify this? Thanks!
thanks guys.
any more views?
Accusantium perferendis sunt qui nihil iste. Saepe numquam excepturi neque commodi. Sit eum eum et placeat ea id quos odio.
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