The Coding Trader
Hey all-
I am in the midst of making a very difficult decision: do I accept an early S&T offer at a top-tier bank, or go back into the jungle and hash it out this summer to possibly get something in IB. Through my own personal interests, I have begun leaning towards trading, but am a bit concerned about the risk of automation. I, however, am pursuing a minor in computer science and believe I will be able to apply these skills to my role as a trader (I hope in credit). Is this a viable path to take to ultimately end up at, say, a hedge fund or top prop shop? Or would getting into this business as a bright-eyed college kid be a total waste of my talents? Appreciative of all replies.
-Moosteon
take the S&T offer
I wouldn't take the offer. Trading is being automated and profits are shrinking. Plus, many new traders aren't able to compete in the industry. If you're able to get an offer now, when most firms haven't started recruiting, then it makes sense to try for IB this summer. Especially if you like IB.
If trading was being "automated" why would they offer him and hire him?
Headcount is less, but arguably right now most desks are doing terribly due to the rate environment so if anything this is a market bottom in terms of headcount. Just my 2 cents.
That question makes no sense. When headcount is less people still get offers.
similar questions here
take the S&T offer
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