This HFT Firm Is Hiring "Traders"

Tyler Durden's picture

Quantlab Financial, a member of the proud Modern Markets Initiative comprising exclusively of HFT firms and which has bought up massive amounts of Google advertising so it appears above Michael Lewis' Flash Boys in direct google queries... 


... is hiring "traders."


Bonus #1: the "traders" of HFT firm Hudson River Trading, another member of the Modern Market Initiative, are enjoying lunch:


Bonus #2: Everyone knows that HFT firm Virtu, which was forced to delay its IPO over the backlash due to "Flash Boys", had 1237 profitable trading days out of 1238. But what about other HFT firms? Here is an interview with Mark Forton, head of another firm of the Modern Market Initative, Tower Research, in which he is asked:

Q. Has Tower ever had a down year?

A. No.

Yes indeed: HFT is truly the holy grail of "non-rigged" markets trading.

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The Alarmist's picture

Too late ... jobs were filled just milliseconds after posting by Goldman Sachs applicants who lost out.

Stackers's picture

Google: Ed Bosarge yacht
Co founder Quatlab and check out his sail boat

Firing Pin's picture

No matter how much money these guys have or make, they lack one thing: a good reputation...and all of the money in the world can't buy that. 

fonestar's picture

It's nice to see some firms are still hiring real men in America.  The kind that wait 15 minutes in line for a tripple soy macchiato on their way to work, know exactly how their office chair is adjusted and argue ceaslessly amongst coworkers about next generation vs. original series Star Trek.

McMolotov's picture

Counselor Troi was hotter than Lt. Uhura, but the Orion slave girls were hotter than both.

lordylord's picture

Selling out your fellow man.  Nice job assholes. Women, please stop fucking these men.

Say What Again's picture

Yes, I noticed the interesting result-set from Google the other day;

What this means, is that Google is just a prostitute, "rigging" what we see when we search.

Is there a decent search engine that does NOT get influenced by paid advertising?

zhandax's picture

"Is there a decent search engine that does NOT get influenced by paid advertising?"


mickeyman's picture

I sense hostility, Captain.

asierguti's picture

They lack experience too.


Paul Wilmott describes it very very well.


You can fast forward to 10:50. Enjoy!!!

hot sauce technician's picture

True that. Like my man King Solomon said: "A reputable name is worth more than the finest of oils."

asierguti's picture

Believe it or not, it's difficult to find a good software developer. And in the case of HFT, you need a very good one, which knows exactly how to exploit every cycle of the hardware.

crunchyfrog's picture

I do not believe that. What's hard to find is someone with five years experience at a direct competitor using the same technology stack willing to take a 10% pay cut.

Slimeball, Inc then wines to the Labor dept that it needs to use H1Bs.

asierguti's picture

If you pay enough, you will find them. That's why software developer in HFT firms earn 100k-200k. Some of them are earning over 500k.


It's up to the applicant, of course. I wouldn't be proud of working at a company whose business model is how to steal money from pension funds. But, I'm sure many people won't care, as long as they get paid very well.

o2sd's picture

You really have no clue. Finding a C++ developer for HFT algo development is not something more H1Bs will solve.


pitz's picture

Its actually trivial to find good developers.  Firms like Google are innundated with so many applicants that they don't even manage to interview all but a small fraction.

asierguti's picture

I work as a software developer for a big internet company, and I can tell you that it's not easy to find a good software developer.


It all depends, of course. HFT firms are looking for a good C++ developer, with a detailed knowledge of the hardware and code optimization, and that's not so easy. But if you want to find a C# developer, you will find it easily.

AustrianJim's picture

Uh, you're completely wrong. It is trivial to find and hire developers, though, just leave the "good" part off.


I'm a software developer, and I approve this message.


malek's picture

Assembler developers for HFT. Yeah, that sounds about right to me. /s

Wilcox1's picture

The jobs were actually filled just milliseconds before the posting by the Goldman Sachs applicants.

willpoi's picture

Every word I read keeps changing because of all of the Front Running

Firing Pin's picture

Don't you mean Font running?

Firing Pin's picture

Do the strippers do coke off of the Buddha statues, or do they sit on them and then the traders do blow off of the strippers tits? 

hot sauce technician's picture

Yes, that Buddha statue strikes me as a bit...deranged.

css1971's picture

Together they'll all be cheaper than 1 "trader". Notice they're not using Windows... MS is walking dead.

Isn't Houston awfully far away from NY? Might as well be China.

Squid Viscous's picture

Heaven, Hell or Houston (ZZ Top)

Firing Pin's picture

I think the Feds should authorize a bail-in of all of our accounts (bank, 401K's etc.) to save the HFT's after the dreadful hit piece on them. Carpe Bankum! Seize the bank! I for one wholeheartedly support and serve my omnipotent Overlords. CNBC is right, never end the Fed, all of the gold is in Ft. Knox, and Zerohedge is run BY the Fed to get all of your ip addresses to serve you IRS audits! 

Relentless101's picture

Looks like revenge of the nerds to me...

ebworthen's picture

Binary battleforce, front-running fuselade, I.T. interlopers.

Caveman93's picture

Ahh yes, instead of finding a cure for cancer or flying to Alpha Centari, we'll just use our "talent" to steal money. Aren't we fucked?

Colonel Klink's picture

Job requirements, must leave your morals, ethics, and being of the human race at the door.

chinoslims's picture

Who says America doesn't produce anything anymore?  Some how mothers in this country produce some vile scumbags. 

Cash Is King's picture

LOL, must be doing God's work, trying to help the Mom & Pop's of the world or in business for the benifit of society as a whole. As a .ORG, I assume they're one of the above or a Non-Profit. That's a first!

RacerX's picture

HEY! Who front-ran my application?!

J J Pettigrew's picture

Traders have an idea what to do in the markets.  These people must know what you are doing before they have an idea. PEEK, then steal. Can you hear me Eric Holder? Do something.

DR's picture

Sad...sad waste of brain talent...

UGrev's picture

Had some dudes a few years back call me up for a software job for a "big bank". As soon as I heard that, I told them to take the job and go fuck themselves. *click*. 

tom a taxpayer's picture

I traded baseball cards, football cards and Scoop cards when I was a kid. So, I am applying for Systems Team Leader - Trading Infrastructure job. I have the strategic vision to lead menial quants and software geeks to the Holy Grail of Trading!

Squid Viscous's picture

dumb fucks should just buy the SPY and watch it go up every day...

duhhhhhh's picture

just curious, but what happens to the market metrics if the hypothetical 25 to 50 percent of felonious over-all market trade volume generated by these htf-ers were to dry up instantly? one could imagine that the fbi, sec, and cftc have turned the blind to this activity on the basis that it provided a volume pump in an otherwise anemic market.

CPL's picture

Those jobs better stay empty.  Let it break.

nostromo17's picture

Pretty sure the women have already stopped fucking these men if they are any good at their geeky jobs.