Good start for Maven

Maybe check this one too;extremely competitive and highly successfull since 2009: http://www.virtu.com/

Can you post the report here Jack?

If they are doing well then obviously they must be using Click Station. These days it’s all about having the fastest software and Click Station fits the bill.

They are using Actant but with their own developers doing scripts.

Paul is that you! Still on the site plugging your product eh??

‘so there is still hope in the high frequency space is a startup can male this money’

there is always money to be made my friend, you just have to reach to it before the next guy.

yeah yeah headhunters are a very reliable source

headhunters always tell you that when they try to batter you down on salary “well you know it’s a tough time in the industry right now, that’s why they offer 25% less than your current package” lol

are they making money only through electronic trading or do they have voice flow as well?

‘or do they have voice flow as well?

this forum is not for brokers, please…

if you aren’t a broker the answer is:

there was some voice flow in the past, but since the past 2-5 years there is no voice flow at all

‘yeah yeah headhunters are a very reliable source’

my headhunter finally gave into intellectual curiosity and sat trying to listen and understand what this fiscal cliff is about, how could it affect US banks, rates trading etc, i liked the positive spirit.

‘headhunters always tell you that when they try to batter you down on salary “well you know it’s a tough time in the industry right now, that’s why they offer 25% less than your current package” lol’

That’s their job, read freaknomics and you’ll see its perfectly expected. They are heavily deal dependent, the size of the deal on the margin is not worth jeopardizing the deal itself

Having said that, the market is tough. If you think you are not going to suffer, then you can ignore your headhunter’s word and name your price, you don’t need to show your small dick around however

“Having said that, the market is tough. If you think you are not going to suffer, then you can ignore your headhunter’s word and name your price, you don’t need to show your small dick around however”

Don’t put your inability to get a decent paying job onto other people! Good jobs which pay well are out there, of course not everyone gets them but they never have always been available for everyone. duh!

@2.02 really, because Ivan has fond memories of it from his Optiver days. But they realise now it’s sh!t

‘do not trust headhunters, they are just bullshitters, all of them’

you can say that, for just about everyone around, in any occupation, be it sales, product, consult, the bullshit never ends, some of the minorities are specially good at it.

‘I can confirm, there are some top payed jobs at IMC Zug, apply there!’

I second –

http://www.imc.nl/Financial-markets/Career-opportunities/

They have an opportunity for those with less money focus -

IMC Charitable Foundation Manager

For the IMC Charity Foundation we are currently looking for a Charitable Foundation Manager. He or she will be responsible for the daily management and further professionalization of the IMC Charity Foundation.

long maven, short tibra…..

Is anyone decent left at Tibra? And why are you still at Tibra?

“it’s nothing to do with me, it’s all got to do with your dick size, congrats on spectacularly small aspects of it.” ok Mr. BSD (go back to your IT job, help real people make money

“Did you read what i said – If you think you are not going to suffer, then you can ignore your headhunter’s word and name your price
Judging by your intelligence level, those two still sound contradictory to you?” You obviously fail to grasp the subtleties of sarcasm. Perhaps I gave you more credit than you deserved. Don’t worry, won’t make the same mistake again

“Did you fall asleep in 2006?” Do you mean that in 2006 there was nobody flipping burgers??? dumbass

@4:04: No one decent is left at Tibra. I got headhunted

‘what’s going on at IMC Zug?

http://www.imc.nl/Financial-markets/Offices/Zug/Events/

they are going to meet Swiss graduates for recruiting soon

Think this is all the result from the Cash team. Dont think these results include Maven derivatives. It was a tough year for option traders last year on the Indexes.

‘long maven, short tibra’

who is filling up your bid?

‘And why are you still at Tibra?’

It pays the bills?

Admittedly, the better traders from Tibra Europe are at Maven or left, i.e. the ones who made money in 2007-10. The dunderheads like Miti remain at Tibra.

‘go back to your IT job, help real people make money’

here we go again, nothing to do with poor IT people and everything to do with your gigantically small dick size, do you really feel so inadequate that you get off dumping on other people?

‘You obviously fail to grasp the subtleties of sarcasm’

which part of your comment was sarcasm and how did you conclude it being missed by the reader?

‘Perhaps I gave you more credit than you deserved’

when did you give any credit? Perhaps for my IT prowess – ‘go back to your IT job, help real people make money’

‘Don’t worry, won’t make the same mistake again’

you sound like a retard who forgot to grow up.

‘Do you mean that in 2006 there was nobody flipping burgers’

Judging by McD’s numbers, no, your point?

‘in the small world of market making and prop trading’

yes, you sound like a prop trader on Damrak having heinekein with fellow market makers in beursplien 5, very small world indeed.

‘they have not built up any respect from their peers and their reputation in the market must be mud.’

or their peers were shit and those peers have started selling biscuits for living after having stolen from their company twice over?

‘Think this is all the result from the Cash team’

what are they doing? Stat arb or latency arb too?

‘It was a tough year for option traders last year on the Indexes’

weren’t they hiring for junior/experienced trader for this, are there systems competitively fast for mm or they trying to do vol arb

‘is IMC Zug hiring?’

they will, but before they have to fire 50 people to make place for the new ones

speed is still relevant, especially in cash and option markets, chopper trading is making a lot of money

wow

richard lamb has been fired from soo many firms. hes a nutter on drugs, who has never made money anywhere. when you see someone has had 25 jobs, doesnt an alarm bell ring……

‘speed is still relevant, especially in cash and option markets, chopper trading is making a lot of money’

its not lost relevance, its just yesterday’s game, do you understand the difference between the two?

‘when you see someone has had 25 jobs, doesnt an alarm bell ring’

why do you think the next company keeps hiring the nutter?

is that sarcasm? what’s wrong with being at curvalue for 3 years?

he has a dreadful reputation in the london fixed income market for being useless and a muppet.

yes you have to give him credit – there are people who keep employing him!

Trading is not about reputation. You can be a total dickhead as long as you deliver profit.

‘Trading is not about reputation. You can be a total dickhead as long as you deliver profit.’

you misunderstand the context of reputation, it is not trader’s behaviour but trader’s profitability, reputation meant that trader had possible bad reputation in terms of not being able to generate profits and this reputation would end up catching up with him. it happened with the doctor from Sean/Liquid.

How come Miti is a dunderhead ?

the 50 who would be hacked?

apparently manhee chough, from optiver/tibra is also trading fixed income at maven.

@12:21 Walter Miti is the man who single handedly made Tibra Europe into what it is today:

A shit hole.

‘Walter Miti is the man who single handedly made Tibra Europe into what it is today’

too generic, what did he do specifically?

absolutely no proof,

just a fart from your brain

that’s hilarious:

http://www.absolventenkongress.ch/recruiting-events/absolventenkongress/aussteller/profile.html?firmenprofil=imc-financial-markets&fid=6086&fprofilid=6261

IMC claims to employ 180 people in Switzerland!!!
The funny part is that there is a link for applying online which leads to a non existing web page. Is this a new way to tell that there aren’t open positions?

Standnummer

D3, Halle 6
Facts & Figures

Branche: Banken u. Finanzdienstleister, IT u. Telekommunikation
Fachrichtungen: Ingenieurwissenschaften, Bauingenieurwesen, Chemieingenieurwesen/Verfahrenstechnik, Elektrotechnik, Maschinenbau, Verkehrstechnik, sonst. Ingenieurwissenschaften, Mathematik/Informatik, Informatik, Mathematik, Wirtschaftsinformatik, Wirtschaftsmathematik, Naturwissenschaften, Physik
Einstiegsbereiche: IT, Junior Trader, Junior Quantitative Researcher, Junior Software Developer
Bewerbungsformen: Per Online-Bewerbungsformular
Mitarbeiter Schweiz: 180
Mitarbeiter weltweit: 550
Standorte weltweit: 5
Gründungsjahr: 1989

Jetzt bewerben (try to apply online!)

wether your opinion of wlater miti is good or bad to credit him for single handedly blahblah is mega far fetched

bonus issues

‘absolutely no proof,’

here is one of those morons,

so how did you conclude no proof?

‘IMC claims to employ 180 people in Switzerland!!!’

I am confident IMC HR is now working hard to update this number to real time staffing levels

‘The funny part is that there is a link for applying online which leads to a non existing web page. Is this a new way to tell that there aren’t open positions?’

No, I am confident IMC HR is now working hard to update the link from

‘http://www.imc.nl/Financial-markets/Vacancies/’ to ‘http://www.imc.nl/Financial-markets/Offices/Zug/Career-opportunities/’

this is simple hyperlink mistake, candidates would understand

‘why did tibra let ian toon leave?’

no actually its ‘why did ian toon leave tibra’, tibra is an organization and doesn’t control ian toon.

haven’t you seen enough instances of IMC HR reacting to comments made on this blog?

okay, keep an eye open in future.

every financial is doing that, what more detail do you require?

to an extent, in all location, to varying degree?

‘The IMC Zug office has not made positive PnL this year’

false, it made decent PnL, especially considering current markets

you must be a visionary!

‘what’s the ballpark number and the trend in last few years?’

that’s of course confidential

Not long before IMC’s Zug office follows their Hong Kong office – watch this space. If I were one of the remaining people in Zug I’d get my CV up to date and out there.

‘If I were one of the remaining people in Zug I’d get my CV up to date and out there’

yes, Einstein, thanks for your general theory of relativity

why are you loosing money? why do you have to be truthful in the interview?

4371 people

I haven’t heard of any redundancies in Europe. I know a few people were let go in sydney last week. nothing like 20% tho

Didnt Tibra have an exodus of 20 people already ? There is no equity team left in uk anymore. A handful of good guys trading Indexes from Amsterdam

Tibra was a very good company

I heard there are now less than a handful of guys trading in Sydney for Tibra after a heap left.

@2:14am Sounds about right. Miserable place to be, every single day for the past 2 years I hear.

VIX=P&L for TRADINGFIRMS highly correlated

isTrueI(*Vix.low) = no money for anyone