Quant Trading: Explained by a Jane Street Intern

Рет қаралды 61,172

Жыл бұрын

Asking a Jane Street Intern about Quantitative Research vs. Quantitative Trading, how market makers provide liquidity, work-life balance in the trading industry, and more.
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CHAPTERS
0:00 What is Jane Street?
1:07 How do market makers provide liquidity?
2:21 What do Quants do?
3:17 Quant Research vs. Quant Trading
5:34 Why can’t interns trade?
6:39 Expectations vs. Reality

Пікірлер: 30

@drewkavi6327 11 ай бұрын

Thank you so much for these videos, they are sick

@HariNazrekar 11 ай бұрын

Great Podcasts And Videos Buddy ! Found your channel half an hour ago and already in love with how knowledgeable videos you make about Quant and Stuff :) !! Keep up the great work man ⚡❤

@Mikemm-un3lb Жыл бұрын

When I first heard Jane Street, I though it was the Jane Street in Toronto,one of the worst area in the city ....But later on, I googled it and find it's a financial company with the same name.

@jtrades_ 10 ай бұрын

interesting! As a personal individual trader this is quite cool

@Jason-wk1jd 5 ай бұрын

dude said 40-50 hours is a lot, that does not sound real. loved the conversation though! great content, thanks for sharing this.

@eughyuck 5 ай бұрын

It’s intensive maths work. It’s not powerpoint grunt work. It’s exhausting and requires lots of brainwork. If the companies made them work much more, they’d make mistakes which are extremely costly for the companies.

@davontawilliams3958 8 ай бұрын

What is the compensation of the two quant roles ? And how do they differ or is it the same pay ? Also is trading Forex and stocks the same as quant trading ?

@Sam-yu4ve 6 ай бұрын

forex and stocks are asset classes. quant trading is a trading strategy, that can be applied to any asset class. compensation is high for both, depends on the company, how good you are, how much PnL you generate.

@exaltedone2799 6 ай бұрын

Quant Trading is how market makers figure out how to screw the most traders in every situation so the house wins.

@eughyuck 5 ай бұрын

nah. Providing liquidity in the market is reducing the bid-ask spread & they implement mathematical formulas to increase efficiency which benefits the buyers & sellers. If market makers were trying to screw investors, investors would just go through different market makers

@divinasi0n 5 ай бұрын

@@eughyuckthat's a convenient myth that has been fed to you to believe the markets are random and fair in the opportunity they offer, when in reality it's the complete opposite.

@eughyuck 5 ай бұрын

@@divinasi0n i sure hope not cos otherwise im paying a lot of money for my finance degree to teach me conspiracies. I agree there is insider trading, there’s definite data supporting that - so an unequal opportunity in that sense. But these are the market makers, the ones facilitating trade. I don’t think that’s applicable here.

@VladimirBelic-kj7kr 4 ай бұрын

You need external mic.

@Jaysnipes 5 ай бұрын

Watching this video, because i delivered medicine to someone at Jane street and was told by another how cool the company work space was and how you guys trade the market. I trade options so, i want to learn as much as i can to be profitable.