EE/CS. He did a mix of software and hardware, graduated, found out the software jobs doing dumb fluff paid more than the hardcore analog circuit design stuff.
My brother got an offer from an investment bank for a job doing software development and quantitative research. They low-balled him at $110,000 and he's a bit upset and having a debate on whether to relocate from Silicon Valley. The year end bonus varies but seems to be on the order of 30-40k...
If you colo your system at genesis and get 40ms, you are wasting your money because a $5000 account at TradeStation or IB will give that same performance. It's as simple as that. Perhaps the commissions are better; however, you can't run GTAPI code except during market hours. That is...
.04 is not good enough for me for what they are charging. I get a 40ms ping from a cable modem to retail brokers that are not specialty with 50-70ms fill times without needing to colo at Genesis. The fill time on orders is variable depending on the number of other traders making orders too is...
The guy at the top is the problem.
My associate and I had some dealings with them and my opinion is the firm is just not going to scale. I got the impression they wanted to throw more hardware and network bandwidth at the problem, but it's clearly their software that's the problem. I know...