Sun Trading
Had a chat with a recruiter. He put Sun trading ( based in Chicago ) in the similar level with Getco and Jum trading. Forgiving my ignorance, I have not heard of this firm before. Any idea about the culture, prestiage and quality of this firm in the high frequency trading area?
don't believe a recruiter's BS. Every client of his is the greatest place to work at. There's a reason why you've heard of Getco and Jump before, but not Sun.
Just want to know, what is special about Getco? I have heard about them because they came to recruit on campus. Other than that, I have not heard of them before. Same thing applies to Jump trading.
Getco is #1 equity high frequency trading shop, which made tons of money last year: " http://online.wsj.com/article/SB125133123046162191.html "
Jump is similar, many traders there are MIT CS/EE grads...
Sun Trading recently hired a high-profile quant from AQR Capital, along with several graduates from top MFE programs.
let's see how long they can stay; turnover at Sun Trading has been very high.
i had no idea they were struggling. what have you been hearing about them?
early last year they hired an ex Citadel manager to set up options mm desk, who hired some guys away from Citadel. but they also lost some senior guys last year, probably due to the firm's performance. many new guys left as well because of too much work or the environment; exploring new business is always hard and exhausting. their options mm desk is set up already, but I'm no sure how much volume it generates.
anyway, the gap between Getco/Jump and Sun seems to be getting bigger. it's not a good place to work at.
yeah, getco and jump are easily the top high-frequency shops in chicago. i'm obviously not including big hedge funds like citadel.
any idea what compensation at getco/jump is like?
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