Table of Contents
Why are software engineer salaries so high?
Software engineer salaries are so high because of supply and demand. There are not enough developers to meet demand in the industry so good developers are paid an absolute premium. Technology is also constantly changing and it requires immense effort to keep your skills up to date.
Can software engineers make millions?
Some top software engineers earn more than $1 million per year. Here are the highest-paid software engineer positions in the world, earning more than $1 million per year, according to Levels.
How effective is high-frequency trading?
HFT uses proprietary trading strategies carried out by computers to move in and out of positions in seconds or fractions of a second. In 2017, Aldridge and Krawciw estimated that in 2016 HFT on average initiated 10–40\% of trading volume in equities, and 10–15\% of volume in foreign exchange and commodities.
What skills do you need to work in high-frequency trading?
There are a few paths into HFT, but most of them require extensive technical skills in one or more of the following hard sciences such as mathematics, physics, computer science or electronic engineering. Individuals often join HFT firms via:
What is the background of people involved in high frequency trading?
Since HFT is essentially a “technology sport” many will have backgrounds in computer science and electronic engineering or low-latency expertise from backgrounds in other industries such as telecoms.
Where are the best HFT firms located?
The top equity-based HFT firms are generally located in New York and London. Chicago is also a large hub for commodities/derivatives HFT. The good recruiters are often relatively well-versed in the domain and will be able to advise you as to whether your background is suitable.
How do the top HFT firms measure latency?
In fact, the “bleeding edge” of the top HFT firms measures trade latencies on the sub-microsecond scale. This latency is only set to decrease as more sophisticated customised hardware becomes available. HFT is an extremely secretive discipline. It is very hard to find out information about how HFT firms operate.