What are the toughest trading companies to get into ?

murty · Jul 15, 2005

What are the toughest trading companies (prop firms or hedge funds) to get into ? Tough because of competition and screening, not because of availability in a small mom&pop hedge fund.

mahras2 · Jul 16, 2005

SAC, Citadel, Renaissance, DE Shaw, AQR. A whole bunch of em.

karsat · Jul 16, 2005

I'm a prospective trader, for example If I want to become a trader at SAC, how should I approach and wheres my starting point?

trade4succes · Jul 16, 2005

For these kind of companies, you get invited, you don't apply.

USMCinfantry · Jul 16, 2005

Know Stevie Cohen personally or prove yourself as a superb trader beforehand, get them to notice you and get invited. These are the only ways. They don't want you, you want them.

Quote from karsat:

I'm a prospective trader, for example If I want to become a trader at SAC, how should I approach and wheres my starting point?

karsat · Jul 16, 2005

Anybody is having contact details for SAC? Thanks

Neodude · Jul 16, 2005

Quote from karsat:

Anybody is having contact details for SAC? Thanks

They have an office in Connecticut, but you can forget about getting an interview unless you have a very good track record.
I believe this is a contact point for them, I'm not sure if it is still valid...

S.A.C. Capital Advisors, LLC
777 Long Ridge Road
Stamford, CT 06902
Telephone: (203) 614-2000

Good luck!

PS. Alt Address:

72 Cummings Point Rd, Stamford, CT 06902

ang_99 · Jul 16, 2005

Quote from trade4succes:

For these kind of companies, you get invited, you don't apply.

So true......fugetaboutit.

furtrader · Jul 16, 2005

Oh, for god's sake, look it up! - what kind of trader are you?

...Furtrader

swoop[TR] · Jul 16, 2005

Quote from Neodude:

They have an office in Connecticut, but you can forget about getting an interview unless you have a very good track record.
I believe this is a contact point for them, I'm not sure if it is still valid...

S.A.C. Capital Advisors, LLC
777 Long Ridge Road
Stamford, CT 06902
Telephone: (203) 614-2000

Good luck!

PS. Alt Address:

72 Cummings Point Rd, Stamford, CT 06902

lol, yeah send snail mail, that'll definitely be read. SAC doesn't recruit independent traders. If you are a big trader at some fund / IB, then maybe. It's who you know. Definitely not a "send your resume and we'll think about having you" kinda place. If you have a reputation on wall street, then maybe they will seek you.