ALGOTRADING: NEW HORIZONS FOR GRADUATES OF RUSSIAN UNIVERSITIESHigh frequency trading is a technically intense discipline; It attracts the best candidates from various fields of science and technology - mathematics, physics, computer science and electronic engineering.
Who is it for?High-frequency trading is basically a game of endurance and expectation (Tick-To-Trade), which means that your strategy responds quickly to incoming market information. Ultramodern companies, in fact, are already dealing with units of microseconds or even sub-microsecond delay (ultra-high frequency trading) with the latest sophisticated and customizable equipment.
High-frequency trading is a very competitive industry in the sense that you must continuously develop your system. And despite the fact that most of the time it makes a profit, it is annoying when many months of hard work and research go down the drain, if the exchange suddenly changes its architecture, introduces a new legislative base, or your competitor can achieve greater speed than you.
For this reason, this activity is suitable for highly technically savvy, disciplined people who crave independence and a collegial environment of extremely capable like-minded people who can work under pressure.
Currently, most companies in the industry are quite small in size, usually with a staff of less than 100 people.
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How are things in Russia?With this question we addressed Vladislav Vladimirovich Kamensky, the executive director of the Viking financial company.
“The Russian market of algorithmic trading is not capital-intensive and, therefore, attracting foreign specialists is not very profitable. All the cadres that appear on the Russian market are from higher educational institutions - the Mechanics and Technology Institute.
Russian algorithmic trading companies are formed around large brokers. One way or another, young traders are invited to the company and grown inside brokerage firms. ”In the US, employers usually look for a doctorate in computer science or physics / mathematics or require a degree in economics in finance.
What is the situation on the Russian market?
Are financial companies looking for specialists?With this question we again turned to Kamensky V.V.
“Viking company attracts young graduates and undergraduates on the basis of competition to the team of algorithmic trading. Thus, if you want to work with extremely intelligent and capable people, in an environment where initiative is encouraged, then high-frequency trading is probably for you. ”