Sell-side Trading versus Execution Trader at Tier-1 Quant Fund
Considering a potential move and would love some input. Currently in a trading role (analyst) at a bulge bracket bank, but recently got interest from a hedge fund Millennium/Two Sigma/DE Shaw/Citadel for a execution trader position.
Curious to hear from anyone who’s made a similar switch — how did you find the transition? Pros/cons of execution trading at a top quant fund vs staying on a trading desk at a BB?
Any perspective appreciated — feel free to DM as well. Thanks in advance!
Wouldn’t recommend it. Pigeonholes you into being an execution guy, making it difficult to get into an actual risk taking seat. Better bet would be to progress within S&T, get experienced managing your own risk, and then lateral at a more senior level to the buy-side (PM / sub-PM).
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