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WFH - Work From Home for an HFT

Experience of working from home for a HFT firm As you guys know I have been working as a Quant Trader in a HFT in India since 2020. But due to the coronavirus pandemic, I have been working from home from the start and even now. I am not even sure when things will relax and when will they call their employees back at the office. In this post I will be sharing the experience that I had working from home and how does that affect the work for a HFT. Setting up Systems Working as a quant trader involves monitoring various things at once during trading and analysis and hence there is a higher requirement for real estate in screens. Generally, multiple large screen monitors are used by a trader. To set up this at the homes for each of the traders was a big task. Of course, they sent all the monitors and systems at home but we had to set it up on our own which was a pain. Also, it takes up large space so it might be a little problematic for those who have space issues in their home office. Co

How to setup your work desk for productivity

Ways to develop the most productive desk setup Today I will be sharing some of the ways in which you can set up your work desk to increase your productivity. Yes, you heard it right, the desk setup definitely makes an impact on your productivity and hence we shall make full use of it to help us increase our productivity instead of hampering it. Get rid of the non-essential items We generally tend to keep a lot of things on our desk thinking that we might need that particular item at some point in time but we find it taking unnecessary large space and it doesn't get used as frequently. So, one of the first things we can do to clean our desk is to keep only the essential items on the table/desk so that we are always occupied by what's necessary. Things that are essential may include - Your laptop, computer, keyboard, mouse Water bottle Table lamp Pens in a pen stand A tiny plant (have been considered an element to boost productivity) Things that you should get rid of from your

How to balance life along with a job

Balance your life with your job Job is an essential part of life as it provides the means to your daily requirements. It is very important as it decides what kind of life you are living, what your status is in your society, and what you do to provide value to the world. Having said all that, the job is not your life. Each and everyone must have a healthy work-life balance and enjoy life and perform well in your job. I am listing a few elements in my daily life that help me live my life to the best and do my job happily. The addition of these elements in your life will change it gradually to a much better state of living. Separating work from life One of the most crucial parts of balancing and living your life happily is to separate your work from life. In today's world of computers and online working, it easy to mix up your life with work. This results in your work being in short stretches of time and taking up your whole day leaving you busy for the entire day and not having a lo

A day in the life of a Quant Trader in HFT

Day in the life of a Quant Trader in HFT (India) In the post, I am going to describe a day in my life (on a workday). I am currently working as a Quant Trader in a High-Frequency Trading Firm in India. The work of other Quant Traders in other companies is also on the same lines as mine. I have done my B Tech from IIT Bombay in Computer Science and Engineering department. I joined this HFT after college and continuing to work there currently. (If you want to know about the pay structure and CTC of a Quant Trader and other roles in a HFT in India, visit https://prolivify.blogspot.com/2021/07/pay-structure-ctc-in-high-frequency.html ) Day Start I am currently trading in Indian markets whose timings are 9:15 AM to 3:30 PM. This means I have to wake up early and finish my morning routine and breakfast before starting work since I won't be getting time for anything else once the market starts. Due to the coronavirus pandemic, we are operating virtually in work from home mode and that&

Pay Structure (CTC) in a High Frequency Trading Firm in India

This post will try to give an idea about the pay structure / package / CTC of an employee in a High Frequency Trading Firm (HFT) in India. The overall CTC of HFTs easily exceeds the CTC of software firms in india (Google India, Microsoft India, Adobe India etc) The major roles that these companies hire for and their corresponding pay structure is given below- Quant Trader / Quant Researcher / Strategist - This is the highest paying role in an HFT. Their role comprises of making strategies for the market and actually executing these in the market to make money. Their work is very hectic and their performance affects the company directlly and on a major scale. Their pay structure / CTC usually comprises of the following components - Base - This is the base pay for the role. This number divided by 12 months is what the trader actually gets each month as the base salary. This comprises of about 60-70 percent of the CTC for a fresher and around 10-20 percent of the CTC as the seniority

High Frequency Trading Explained

What is high frequency trading? High - frequency trading , also known as HFT , is a method of trading that uses powerful computer programs to transact a large number of orders in fractions of a second. ... Typically, the traders with the fastest execution speeds are more profitable than traders with slower execution speeds. If you're an average human being, your eyes take around 400 milliseconds to blink once. High-frequency trading is a kind of market activity that moves in less than one millisecond to spot and take advantage of an opportunity to buy or sell. It happens through trading algorithms, programs that determine how to trade based on fast-moving market data. The kind of profit opportunities that high-frequency trading looks for aren't the things most investors ever think about. They're not betting that technology companies will see their profits grow more quickly than expected, for example, or that a recession is coming. Instead, they're looking