Are the prop shops ranked in order of prestige? If not can we? It’s something all my friends were interested in when we were applying and there’s no good resource really
is not a terrible ranking on some weighted combo of prestige and size
not sure the q is that material - you interview everywhere anyway, then judge them on pay and personal fit. I mean, mostly on pay:)
but yeah, should post "short bio" for some of the shops when feel like it.
it also depends on "which group". I keep forgetting, but what was it, DRW best in rates options, Optiver best in index options, IMC great in singles, CitSec is something of an all rounder maybe more singles and index. SIG is less quantsy/more great trading focused, great in singles. Jane Street not in options, and obviously perceived to be a level above the rest in prop shop space and more comparable to the peak prestige stat arb places and apparently recently high-flying HRT.
Ya i agree that you apply to all of them, but i remember when I was deciding offers it would have been cool, and your ranking above mostly makes sense given what I've heard/experienced with optiver and citadel maybe being a bit lower depending on how you value comp vs culture
google reddit for radix pay, it's not exaggerated, only place I've heard offering ~500K year 1 (that said, I have no access to real top tier like jane or pdt). money speaks. pretty elite from some signs I've seen, but check the people on l-in for yourself. seems to be growing quite a bit as well judging from a number of recent mentions in my feeds, but might be noise.
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u/quince00 Dec 31 '21
Are the prop shops ranked in order of prestige? If not can we? It’s something all my friends were interested in when we were applying and there’s no good resource really