How To Build A Career in Algorithmic Trading

machine_learning
python

#1

The advent of algorithmic trading in the late last century caused a massive tectonic shift in the way trading took place in exchanges worldwide. Be it trading in stocks, derivatives, Forex or commodities, trading firms worldwide adopted algorithmic trading in a big way.

The last couple of decades have seen an exponential growth in the algorithmic trading market and it continues to grow at a significant pace. According to the “Global Algorithmic Trading Market 2016-2020” report published by Research and Markets last year, the global algorithmic trading market is expected to grow at a CAGR of 10.3% during the period 2016-2020.

In order to remain competitive and earn big profits year after year, big banks, hedge funds, and other trading firms have been hiring top talent from various universities and colleges worldwide. This is turn has led to a surge in algorithmic trading/HFT jobs. Scores of students, engineering graduates, and developers want to explore and build a promising career in algorithmic trading today. This said, many of the wannabe quants & developers are unaware of the nature of the work in algorithmic trading firms and the skill sets needed to make a foray into this coveted algorithmic trading world.
In this post, we highlight some of the most important takeaways from the webinar for job seekers in high-frequency trading jobs, quant jobs, and algorithmic trading jobs.

Source of the post: https://www.quantinsti.com/blog/making-career-algorithmic-trading/